ICELABS AS

1336 SANDVIKA

Finances

Share Ownership

Return on Equity

68,9 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 336 000	2 043 000	1 528 000
Net Income	206 000	208 000	306 000
Total Assets	1 014 000	917 000	716 000
Total Equity	299 000	294 000	286 000

Income (NOK)	2022	2021	2020
Revenue	2 336 000	2 043 000	1 528 000
Expenditure	2 069 000	1 776 000	1 136 000
Operating Profit	266 000	266 000	392 000
Financial Income	2 000	0	0
Financial Costs	1 000	0	0
Financial Balance	1 000	0	0
Earnings Before Tax	266 000	266 000	392 000
Tax	61 000	58 000	86 000
Net Income	206 000	208 000	306 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 000	11 000	19 000
Total Current Assets	1 011 000	906 000	697 000
Total Assets	1 014 000	917 000	716 000
Total Retained Equity	269 000	264 000	256 000
Total Equity	299 000	294 000	286 000
Total Long-Term Debt	1 000	0	0
Total Current Debt	714 000	623 000	431 000
Total Equity and Debt	1 014 000	917 000	716 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 336 000	2 043 000	1 528 000
Other Income	0	0	0
Revenue	2 336 000	2 043 000	1 528 000
Cost of Goods Sold	0	0	0
Salary Costs	1 901 000	1 629 000	1 000 000
Depreciation	8 000	8 000	6 000
Impairment	0	0	0
Expenditure	2 069 000	1 776 000	1 136 000
Operating Profit	266 000	266 000	392 000
Financial Income	2 000	0	0
Financial Costs	1 000	0	0
Financial Balance	1 000	0	0
Dividends	200 000	200 000	50 000
Net Income	206 000	208 000	306 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	3 000	11 000	19 000
Total Tangible Assets	3 000	11 000	19 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 000	11 000	19 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	463 000	467 000	287 000
Total Current Assets	1 011 000	906 000	697 000
Total Assets	1 014 000	917 000	716 000
Total Equity	299 000	294 000	286 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	0
Creditors	0	1 000	0
Unpaid Taxes	208 000	165 000	168 000
Dividends	200 000	200 000	50 000
Other Current Debt	247 000	198 000	126 000
Total Current Debt	714 000	623 000	431 000
Total Equity and Debt	1 014 000	917 000	716 000

Financial indicators	2022	2021	2020
Return on Equity	68,9 %	70,75 %	106,99 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	11,39 %	13,02 %	25,65 %
Current Ratio	1,42	1,45	1,62
Quick Ratio	1,42	1,45	1,62
Equity Ratio	0,29	0,32	0,4
Gross Profit Margin	100 %	100 %	100 %