I Ø LANDBRUKSERVICE AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

31,89 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	250 398 000	196 981 000	146 072 000	119 598 000
Net Income	11 287 000	10 596 000	4 137 000	3 808 000
Total Assets	189 256 000	118 635 000	80 153 000	71 607 000
Total Equity	35 395 000	24 109 000	17 513 000	14 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	250 398 000	196 981 000	146 072 000	119 598 000
Expenditure	233 866 000	182 535 000	140 057 000	113 734 000
Operating Profit	16 532 000	14 446 000	6 015 000	5 863 000
Financial Income	220 000	140 000	136 000	102 000
Financial Costs	2 265 000	989 000	834 000	1 014 000
Financial Balance	−2 045 000	−849 000	−698 000	−912 000
Earnings Before Tax	14 487 000	13 597 000	5 318 000	4 952 000
Tax	3 200 000	3 001 000	1 181 000	1 144 000
Net Income	11 287 000	10 596 000	4 137 000	3 808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 688 000	3 621 000	4 253 000	3 293 000
Total Current Assets	186 568 000	115 014 000	75 901 000	68 314 000
Total Assets	189 256 000	118 635 000	80 153 000	71 607 000
Total Retained Equity	34 545 000	23 259 000	16 663 000	13 696 000
Total Equity	35 395 000	24 109 000	17 513 000	14 546 000
Total Long-Term Debt	15 095 000	6 857 000	8 000 000	5 033 000
Total Current Debt	138 766 000	87 669 000	54 641 000	52 027 000
Total Equity and Debt	189 256 000	118 635 000	80 153 000	71 607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	245 834 000	192 029 000	145 070 000	118 962 000
Other Income	4 564 000	4 953 000	1 002 000	636 000
Revenue	250 398 000	196 981 000	146 072 000	119 598 000
Cost of Goods Sold	192 672 000	148 298 000	120 841 000	96 150 000
Salary Costs	26 968 000	22 539 000	11 861 000	10 283 000
Depreciation	730 000	690 000	318 000	203 000
Impairment	0	0	0	0
Expenditure	233 866 000	182 535 000	140 057 000	113 734 000
Operating Profit	16 532 000	14 446 000	6 015 000	5 863 000
Financial Income	220 000	140 000	136 000	102 000
Financial Costs	2 265 000	989 000	834 000	1 014 000
Financial Balance	−2 045 000	−849 000	−698 000	−912 000
Dividends	0	0	0	0
Net Income	11 287 000	10 596 000	4 137 000	3 808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	378 000	110 000	49 000	105 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 811 000	2 301 000	2 248 000	588 000
Total Tangible Assets	1 811 000	2 301 000	2 248 000	588 000
Total Fiancial Fixed Assets	499 000	1 209 000	1 956 000	2 600 000
Total Fixed Assets	2 688 000	3 621 000	4 253 000	3 293 000
Stock	147 076 000	87 713 000	47 057 000	41 529 000
Total Investments	0	0	0	0
Cash, Bank	1 252 000	1 017 000	958 000	469 000
Total Current Assets	186 568 000	115 014 000	75 901 000	68 314 000
Total Assets	189 256 000	118 635 000	80 153 000	71 607 000
Total Equity	35 395 000	24 109 000	17 513 000	14 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 095 000	6 857 000	8 000 000	5 033 000
Creditors	102 449 000	50 254 000	35 501 000	33 855 000
Unpaid Taxes	2 105 000	3 021 000	1 880 000	2 969 000
Dividends	0	0	0	0
Other Current Debt	6 297 000	9 667 000	4 234 000	2 962 000
Total Current Debt	138 766 000	87 669 000	54 641 000	52 027 000
Total Equity and Debt	189 256 000	118 635 000	80 153 000	71 607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,89 %	43,95 %	23,62 %	26,18 %
Debt-to-Equity Ratio	0,43	0,28	0,46	0,35
Operating Profit Margin	6,6 %	7,33 %	4,12 %	4,9 %
Current Ratio	1,34	1,31	1,39	1,31
Quick Ratio	−22,45	−2 613,95	10,01	6,51
Equity Ratio	0,19	0,2	0,22	0,2
Gross Profit Margin	23,05 %	24,71 %	17,27 %	19,61 %