IBESTAD SKIPSHUGGING & SANERING AS

9450 HAMNVIK

Finances

Share Ownership

Return on Equity

−11,82 %

Current Ratio

0,35

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020
Revenue	8 184 000	5 431 000	1 215 000
Net Income	−646 000	−570 000	−318 000
Total Assets	11 684 000	11 843 000	6 048 000
Total Equity	5 466 000	5 860 000	5 812 000

Income (NOK)	2022	2021	2020
Revenue	8 184 000	5 431 000	1 215 000
Expenditure	8 951 000	6 138 000	1 620 000
Operating Profit	−767 000	−706 000	−405 000
Financial Income	0	0	0
Financial Costs	61 000	23 000	2 000
Financial Balance	−61 000	−23 000	−2 000
Earnings Before Tax	−828 000	−730 000	−407 000
Tax	−182 000	−159 000	−89 000
Net Income	−646 000	−570 000	−318 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 829 000	9 588 000	3 779 000
Total Current Assets	1 855 000	2 256 000	2 269 000
Total Assets	11 684 000	11 843 000	6 048 000
Total Retained Equity	−1 534 000	−888 000	1 812 000
Total Equity	5 466 000	5 860 000	5 812 000
Total Long-Term Debt	969 000	921 000	0
Total Current Debt	5 249 000	5 063 000	236 000
Total Equity and Debt	11 684 000	11 843 000	6 048 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 520 000	4 265 000	1 212 000
Other Income	664 000	1 167 000	3 000
Revenue	8 184 000	5 431 000	1 215 000
Cost of Goods Sold	1 800 000	877 000	−542 000
Salary Costs	2 870 000	1 489 000	690 000
Depreciation	394 000	169 000	40 000
Impairment	0	0	0
Expenditure	8 951 000	6 138 000	1 620 000
Operating Profit	−767 000	−706 000	−405 000
Financial Income	0	0	0
Financial Costs	61 000	23 000	2 000
Financial Balance	−61 000	−23 000	−2 000
Dividends	0	0	0
Net Income	−646 000	−570 000	−318 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	430 000	248 000	89 000
Real Eastate	7 433 000	7 424 000	3 444 000
Machinery and Plant Facilities	1 469 000	1 248 000	0
Fixtures	497 000	668 000	245 000
Total Tangible Assets	9 399 000	9 340 000	3 690 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	9 829 000	9 588 000	3 779 000
Stock	334 000	1 602 000	640 000
Total Investments	0	0	0
Cash, Bank	1 128 000	121 000	1 029 000
Total Current Assets	1 855 000	2 256 000	2 269 000
Total Assets	11 684 000	11 843 000	6 048 000
Total Equity	5 466 000	5 860 000	5 812 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	969 000	921 000	0
Creditors	402 000	432 000	122 000
Unpaid Taxes	222 000	129 000	46 000
Dividends	0	0	0
Other Current Debt	288 000	713 000	69 000
Total Current Debt	5 249 000	5 063 000	236 000
Total Equity and Debt	11 684 000	11 843 000	6 048 000

Financial indicators	2022	2021	2020
Return on Equity	−11,82 %	−9,73 %	−5,47 %
Debt-to-Equity Ratio	0,18	0,16	0
Operating Profit Margin	−9,37 %	−13 %	−33,33 %
Current Ratio	0,35	0,45	9,61
Quick Ratio	0,38	0,65	−5,62
Equity Ratio	0,47	0,49	0,96
Gross Profit Margin	78,01 %	83,85 %	144,61 %