IEG NORDICS AS

0158 OSLO

Finances

Share Ownership

Return on Equity

1,95 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	8 994 000	15 551 000	890 000
Net Income	33 000	1 459 000	7 000
Total Assets	5 313 000	2 646 000	572 000
Total Equity	1 693 000	1 660 000	201 000

Income (NOK)	2022	2021	2020
Revenue	8 994 000	15 551 000	890 000
Expenditure	8 953 000	13 687 000	874 000
Operating Profit	42 000	1 863 000	17 000
Financial Income	5 000	0	1 000
Financial Costs	1 000	1 000	0
Financial Balance	4 000	−1 000	1 000
Earnings Before Tax	46 000	1 862 000	17 000
Tax	13 000	404 000	10 000
Net Income	33 000	1 459 000	7 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	25 000
Total Current Assets	5 313 000	2 646 000	547 000
Total Assets	5 313 000	2 646 000	572 000
Total Retained Equity	1 493 000	1 466 000	7 000
Total Equity	1 693 000	1 660 000	201 000
Total Long-Term Debt	0	0	30 000
Total Current Debt	3 619 000	985 000	341 000
Total Equity and Debt	5 313 000	2 646 000	572 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 994 000	15 551 000	890 000
Other Income	0	0	0
Revenue	8 994 000	15 551 000	890 000
Cost of Goods Sold	7 435 000	12 695 000	553 000
Salary Costs	1 046 000	338 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	8 953 000	13 687 000	874 000
Operating Profit	42 000	1 863 000	17 000
Financial Income	5 000	0	1 000
Financial Costs	1 000	1 000	0
Financial Balance	4 000	−1 000	1 000
Dividends	0	0	0
Net Income	33 000	1 459 000	7 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	25 000
Total Fixed Assets	0	0	25 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 952 000	1 872 000	409 000
Total Current Assets	5 313 000	2 646 000	547 000
Total Assets	5 313 000	2 646 000	572 000
Total Equity	1 693 000	1 660 000	201 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	30 000
Creditors	2 511 000	476 000	272 000
Unpaid Taxes	983 000	40 000	58 000
Dividends	0	0	0
Other Current Debt	113 000	65 000	0
Total Current Debt	3 619 000	985 000	341 000
Total Equity and Debt	5 313 000	2 646 000	572 000

Financial indicators	2022	2021	2020
Return on Equity	1,95 %	87,89 %	3,48 %
Debt-to-Equity Ratio	0	0	0,15
Operating Profit Margin	0,47 %	11,98 %	1,91 %
Current Ratio	1,47	2,69	1,6
Quick Ratio	1,47	2,69	1,6
Equity Ratio	0,32	0,63	0,35
Gross Profit Margin	17,33 %	18,37 %	37,87 %