IKORNNES BUTIKKEIENDOM AS

6405 MOLDE

Finances

Share Ownership

Return on Equity

16,79 %

Current Ratio

0,39

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 392 000	1 325 000	1 316 000	1 294 000
Net Income	630 000	598 000	609 000	560 000
Total Assets	14 311 000	12 153 000	12 438 000	12 684 000
Total Equity	3 752 000	3 682 000	3 603 000	3 514 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 392 000	1 325 000	1 316 000	1 294 000
Expenditure	352 000	390 000	321 000	308 000
Operating Profit	1 040 000	934 000	995 000	986 000
Financial Income	13 000	1 000	2 000	3 000
Financial Costs	245 000	169 000	215 000	272 000
Financial Balance	−232 000	−168 000	−213 000	−269 000
Earnings Before Tax	808 000	767 000	781 000	718 000
Tax	178 000	169 000	172 000	158 000
Net Income	630 000	598 000	609 000	560 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 044 000	11 691 000	12 393 000	12 538 000
Total Current Assets	1 267 000	462 000	45 000	146 000
Total Assets	14 311 000	12 153 000	12 438 000	12 684 000
Total Retained Equity	2 017 000	1 948 000	1 868 000	1 780 000
Total Equity	3 752 000	3 682 000	3 603 000	3 514 000
Total Long-Term Debt	7 286 000	7 691 000	8 094 000	8 494 000
Total Current Debt	3 274 000	780 000	742 000	676 000
Total Equity and Debt	14 311 000	12 153 000	12 438 000	12 684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 392 000	1 325 000	1 316 000	1 294 000
Other Income	0	0	0	0
Revenue	1 392 000	1 325 000	1 316 000	1 294 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	104 000	104 000	104 000	104 000
Impairment	0	0	0	0
Expenditure	352 000	390 000	321 000	308 000
Operating Profit	1 040 000	934 000	995 000	986 000
Financial Income	13 000	1 000	2 000	3 000
Financial Costs	245 000	169 000	215 000	272 000
Financial Balance	−232 000	−168 000	−213 000	−269 000
Dividends	0	0	0	0
Net Income	630 000	598 000	609 000	560 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 222 000	8 204 000	8 308 000	8 412 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 222 000	8 204 000	8 308 000	8 412 000
Total Fiancial Fixed Assets	822 000	3 488 000	4 085 000	4 126 000
Total Fixed Assets	13 044 000	11 691 000	12 393 000	12 538 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	810 000	454 000	45 000	146 000
Total Current Assets	1 267 000	462 000	45 000	146 000
Total Assets	14 311 000	12 153 000	12 438 000	12 684 000
Total Equity	3 752 000	3 682 000	3 603 000	3 514 000
Short-Term Group Debt	718 000	666 000	667 000	591 000
Total Long-Term Debt	7 286 000	7 691 000	8 094 000	8 494 000
Creditors	2 520 000	48 000	3 000	2 000
Unpaid Taxes	0	47 000	54 000	54 000
Dividends	0	0	0	0
Other Current Debt	35 000	20 000	18 000	30 000
Total Current Debt	3 274 000	780 000	742 000	676 000
Total Equity and Debt	14 311 000	12 153 000	12 438 000	12 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,79 %	16,24 %	16,9 %	15,94 %
Debt-to-Equity Ratio	1,94	2,09	2,25	2,42
Operating Profit Margin	74,71 %	70,49 %	75,61 %	76,2 %
Current Ratio	0,39	0,59	0,06	0,22
Quick Ratio	0,39	0,59	0,06	0,22
Equity Ratio	0,26	0,3	0,29	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %