ISOFAG AS

3919 PORSGRUNN

Finances

Share Ownership

Return on Equity

203,2 %

Current Ratio

0,68

Debt-to-Equity Ratio

−1,38

Key figures (NOK)	2022	2021	2020
Revenue	6 213 000	1 684 000	0
Net Income	−254 000	105 000	−6 000
Total Assets	1 019 000	764 000	24 000
Total Equity	−125 000	130 000	24 000

Income (NOK)	2022	2021	2020
Revenue	6 213 000	1 684 000	0
Expenditure	6 413 000	1 540 000	6 000
Operating Profit	−199 000	145 000	−6 000
Financial Income	0	0	0
Financial Costs	70 000	10 000	0
Financial Balance	−70 000	−10 000	0
Earnings Before Tax	−269 000	134 000	−6 000
Tax	−15 000	29 000	0
Net Income	−254 000	105 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	359 000	308 000	0
Total Current Assets	660 000	456 000	24 000
Total Assets	1 019 000	764 000	24 000
Total Retained Equity	−155 000	100 000	−6 000
Total Equity	−125 000	130 000	24 000
Total Long-Term Debt	173 000	187 000	0
Total Current Debt	971 000	447 000	0
Total Equity and Debt	1 019 000	764 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 213 000	1 624 000	0
Other Income	0	60 000	0
Revenue	6 213 000	1 684 000	0
Cost of Goods Sold	2 476 000	580 000	0
Salary Costs	2 925 000	454 000	0
Depreciation	66 000	4 000	0
Impairment	0	0	0
Expenditure	6 413 000	1 540 000	6 000
Operating Profit	−199 000	145 000	−6 000
Financial Income	0	0	0
Financial Costs	70 000	10 000	0
Financial Balance	−70 000	−10 000	0
Dividends	0	0	0
Net Income	−254 000	105 000	−6 000

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	322 000	308 000	0
Total Tangible Assets	322 000	308 000	0
Total Fiancial Fixed Assets	37 000	0	0
Total Fixed Assets	359 000	308 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	276 000	161 000	18 000
Total Current Assets	660 000	456 000	24 000
Total Assets	1 019 000	764 000	24 000
Total Equity	−125 000	130 000	24 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	173 000	187 000	0
Creditors	201 000	247 000	0
Unpaid Taxes	509 000	146 000	0
Dividends	0	0	0
Other Current Debt	260 000	41 000	0
Total Current Debt	971 000	447 000	0
Total Equity and Debt	1 019 000	764 000	24 000

Financial indicators	2022	2021	2020
Return on Equity	203,2 %	80,77 %	−25 %
Debt-to-Equity Ratio	−1,38	1,44	0
Operating Profit Margin	−3,2 %	8,61 %	-
Current Ratio	0,68	1,02	-
Quick Ratio	0,68	1,02	-
Equity Ratio	−0,12	0,17	1
Gross Profit Margin	60,15 %	65,56 %	-