IVRE AS

4848 ARENDAL

Finances

Return on Equity

13,86 %

Current Ratio

2,11

Debt-to-Equity Ratio

1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 789 000	119 213 000	104 413 000	117 990 000
Net Income	3 728 000	204 000	61 000	294 000
Total Assets	67 005 000	64 024 000	64 363 000	66 489 000
Total Equity	26 891 000	24 254 000	23 602 000	23 991 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 789 000	119 213 000	104 413 000	117 990 000
Expenditure	135 933 000	118 239 000	103 551 000	116 999 000
Operating Profit	1 857 000	975 000	862 000	992 000
Financial Income	3 135 000	0	22 000	261 000
Financial Costs	1 010 000	662 000	856 000	942 000
Financial Balance	2 125 000	−662 000	−834 000	−681 000
Earnings Before Tax	3 982 000	313 000	28 000	311 000
Tax	254 000	109 000	−33 000	18 000
Net Income	3 728 000	204 000	61 000	294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 930 000	46 095 000	46 081 000	44 058 000
Total Current Assets	25 075 000	17 929 000	18 282 000	22 431 000
Total Assets	67 005 000	64 024 000	64 363 000	66 489 000
Total Retained Equity	23 701 000	21 063 000	21 309 000	21 698 000
Total Equity	26 891 000	24 254 000	23 602 000	23 991 000
Total Long-Term Debt	28 251 000	31 101 000	32 264 000	33 202 000
Total Current Debt	11 863 000	8 670 000	8 497 000	9 296 000
Total Equity and Debt	67 005 000	64 024 000	64 363 000	66 489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	133 945 000	113 588 000	100 261 000	113 599 000
Other Income	3 844 000	5 625 000	4 152 000	4 391 000
Revenue	137 789 000	119 213 000	104 413 000	117 990 000
Cost of Goods Sold	6 162 000	74 663 000	62 666 000	71 528 000
Salary Costs	25 341 000	24 673 000	24 441 000	27 427 000
Depreciation	1 253 000	1 852 000	1 626 000	1 685 000
Impairment	0	0	0	0
Expenditure	135 933 000	118 239 000	103 551 000	116 999 000
Operating Profit	1 857 000	975 000	862 000	992 000
Financial Income	3 135 000	0	22 000	261 000
Financial Costs	1 010 000	662 000	856 000	942 000
Financial Balance	2 125 000	−662 000	−834 000	−681 000
Dividends	500 000	450 000	450 000	450 000
Net Income	3 728 000	204 000	61 000	294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 708 000	41 727 000	44 787 000	42 619 000
Machinery and Plant Facilities	244 000	3 957 000	633 000	430 000
Fixtures	72 000	351 000	601 000	914 000
Total Tangible Assets	31 023 000	46 035 000	46 021 000	43 963 000
Total Fiancial Fixed Assets	10 906 000	60 000	60 000	95 000
Total Fixed Assets	41 930 000	46 095 000	46 081 000	44 058 000
Stock	1 418 000	1 143 000	1 069 000	1 451 000
Total Investments	0	0	0	313 000
Cash, Bank	17 430 000	11 369 000	12 798 000	14 649 000
Total Current Assets	25 075 000	17 929 000	18 282 000	22 431 000
Total Assets	67 005 000	64 024 000	64 363 000	66 489 000
Total Equity	26 891 000	24 254 000	23 602 000	23 991 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 251 000	31 101 000	32 264 000	33 202 000
Creditors	921 000	733 000	602 000	1 434 000
Unpaid Taxes	2 103 000	2 869 000	2 302 000	2 733 000
Dividends	500 000	450 000	450 000	450 000
Other Current Debt	6 808 000	4 324 000	5 034 000	4 532 000
Total Current Debt	11 863 000	8 670 000	8 497 000	9 296 000
Total Equity and Debt	67 005 000	64 024 000	64 363 000	66 489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,86 %	0,84 %	0,26 %	1,23 %
Debt-to-Equity Ratio	1,05	1,28	1,37	1,38
Operating Profit Margin	1,35 %	0,82 %	0,83 %	0,84 %
Current Ratio	2,11	2,07	2,15	2,41
Quick Ratio	2,4	2,38	2,46	2,86
Equity Ratio	0,4	0,38	0,37	0,36
Gross Profit Margin	95,53 %	37,37 %	39,98 %	39,38 %