INGE S ÅRSTAD AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

18,61 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 023 000	32 114 000	28 984 000	26 396 000
Net Income	874 000	2 453 000	1 602 000	4 047 000
Total Assets	13 300 000	11 685 000	10 855 000	13 314 000
Total Equity	4 697 000	4 623 000	4 670 000	7 068 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 023 000	32 114 000	28 984 000	26 396 000
Expenditure	31 740 000	28 888 000	26 902 000	28 099 000
Operating Profit	1 284 000	3 225 000	2 082 000	−1 703 000
Financial Income	19 000	12 000	35 000	5 367 000
Financial Costs	177 000	88 000	55 000	7 000
Financial Balance	−158 000	−76 000	−20 000	5 360 000
Earnings Before Tax	1 126 000	3 149 000	2 062 000	3 658 000
Tax	252 000	696 000	460 000	−389 000
Net Income	874 000	2 453 000	1 602 000	4 047 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 807 000	1 208 000	1 332 000	1 069 000
Total Current Assets	11 494 000	10 477 000	9 524 000	12 245 000
Total Assets	13 300 000	11 685 000	10 855 000	13 314 000
Total Retained Equity	3 497 000	3 423 000	3 470 000	5 868 000
Total Equity	4 697 000	4 623 000	4 670 000	7 068 000
Total Long-Term Debt	442 000	358 000	557 000	0
Total Current Debt	8 161 000	6 704 000	5 629 000	6 246 000
Total Equity and Debt	13 300 000	11 685 000	10 855 000	13 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 023 000	32 114 000	28 805 000	26 396 000
Other Income	0	0	179 000	0
Revenue	33 023 000	32 114 000	28 984 000	26 396 000
Cost of Goods Sold	19 575 000	19 121 000	17 204 000	15 748 000
Salary Costs	8 854 000	7 522 000	7 415 000	9 701 000
Depreciation	309 000	226 000	233 000	167 000
Impairment	0	0	0	0
Expenditure	31 740 000	28 888 000	26 902 000	28 099 000
Operating Profit	1 284 000	3 225 000	2 082 000	−1 703 000
Financial Income	19 000	12 000	35 000	5 367 000
Financial Costs	177 000	88 000	55 000	7 000
Financial Balance	−158 000	−76 000	−20 000	5 360 000
Dividends	800 000	2 500 000	4 000 000	0
Net Income	874 000	2 453 000	1 602 000	4 047 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	69 000	95 000	0	389 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 737 000	1 113 000	1 332 000	680 000
Total Tangible Assets	1 737 000	1 113 000	1 332 000	680 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 807 000	1 208 000	1 332 000	1 069 000
Stock	1 541 000	2 004 000	940 000	933 000
Total Investments	0	0	0	0
Cash, Bank	272 000	3 149 000	3 391 000	5 827 000
Total Current Assets	11 494 000	10 477 000	9 524 000	12 245 000
Total Assets	13 300 000	11 685 000	10 855 000	13 314 000
Total Equity	4 697 000	4 623 000	4 670 000	7 068 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	442 000	358 000	557 000	0
Creditors	3 413 000	1 673 000	1 886 000	2 648 000
Unpaid Taxes	1 649 000	956 000	668 000	637 000
Dividends	800 000	2 500 000	4 000 000	0
Other Current Debt	1 122 000	890 000	1 041 000	2 961 000
Total Current Debt	8 161 000	6 704 000	5 629 000	6 246 000
Total Equity and Debt	13 300 000	11 685 000	10 855 000	13 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,61 %	53,06 %	34,3 %	57,26 %
Debt-to-Equity Ratio	0,09	0,08	0,12	0
Operating Profit Margin	3,89 %	10,04 %	7,18 %	−6,45 %
Current Ratio	1,41	1,56	1,69	1,96
Quick Ratio	1,74	2,23	2,03	2,3
Equity Ratio	0,35	0,4	0,43	0,53
Gross Profit Margin	40,72 %	40,46 %	40,64 %	40,34 %