INDUSTRISVEIS AS

9950 VARDØ

Finances

Return on Equity

18,8 %

Current Ratio

3,63

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	176 000	1 172 000	178 000	146 000
Net Income	308 000	789 000	60 000	21 000
Total Assets	2 249 000	2 262 000	1 432 000	1 385 000
Total Equity	1 638 000	1 783 000	1 095 000	1 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	176 000	1 172 000	178 000	146 000
Expenditure	104 000	195 000	103 000	115 000
Operating Profit	73 000	976 000	75 000	31 000
Financial Income	252 000	0	0	0
Financial Costs	0	5 000	6 000	9 000
Financial Balance	252 000	−5 000	−6 000	−9 000
Earnings Before Tax	324 000	972 000	68 000	22 000
Tax	16 000	183 000	9 000	1 000
Net Income	308 000	789 000	60 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 295 000	1 295 000	1 295 000	1 295 000
Total Current Assets	954 000	967 000	137 000	90 000
Total Assets	2 249 000	2 262 000	1 432 000	1 385 000
Total Retained Equity	1 385 000	1 277 000	589 000	529 000
Total Equity	1 638 000	1 783 000	1 095 000	1 035 000
Total Long-Term Debt	348 000	381 000	297 000	336 000
Total Current Debt	263 000	98 000	41 000	15 000
Total Equity and Debt	2 249 000	2 262 000	1 432 000	1 385 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	0	63 000	4 000
Other Income	172 000	1 172 000	115 000	142 000
Revenue	176 000	1 172 000	178 000	146 000
Cost of Goods Sold	0	5 000	23 000	0
Salary Costs	0	2 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	104 000	195 000	103 000	115 000
Operating Profit	73 000	976 000	75 000	31 000
Financial Income	252 000	0	0	0
Financial Costs	0	5 000	6 000	9 000
Financial Balance	252 000	−5 000	−6 000	−9 000
Dividends	200 000	100 000	0	0
Net Income	308 000	789 000	60 000	21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 000	40 000	40 000	40 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 000	40 000	40 000	40 000
Total Fiancial Fixed Assets	1 255 000	1 255 000	1 255 000	1 255 000
Total Fixed Assets	1 295 000	1 295 000	1 295 000	1 295 000
Stock	0	0	5 000	5 000
Total Investments	0	0	0	0
Cash, Bank	690 000	945 000	88 000	85 000
Total Current Assets	954 000	967 000	137 000	90 000
Total Assets	2 249 000	2 262 000	1 432 000	1 385 000
Total Equity	1 638 000	1 783 000	1 095 000	1 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	348 000	381 000	297 000	336 000
Creditors	5 000	57 000	1 000	3 000
Unpaid Taxes	2 000	0	10 000	7 000
Dividends	200 000	100 000	0	0
Other Current Debt	206 000	6 000	20 000	20 000
Total Current Debt	263 000	98 000	41 000	15 000
Total Equity and Debt	2 249 000	2 262 000	1 432 000	1 385 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,8 %	44,25 %	5,48 %	2,03 %
Debt-to-Equity Ratio	0,21	0,21	0,27	0,32
Operating Profit Margin	41,48 %	83,28 %	42,13 %	21,23 %
Current Ratio	3,63	9,87	3,34	6
Quick Ratio	3,63	9,87	3,81	9
Equity Ratio	0,73	0,79	0,76	0,75
Gross Profit Margin	100 %	99,57 %	87,08 %	100 %