IPC-MEC AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

25,38 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 441 000	1 387 000	957 000	1 558 000
Net Income	251 000	374 000	−95 000	126 000
Total Assets	1 320 000	1 044 000	491 000	796 000
Total Equity	989 000	737 000	364 000	459 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 441 000	1 387 000	957 000	1 558 000
Expenditure	1 137 000	906 000	1 082 000	1 407 000
Operating Profit	303 000	481 000	−125 000	152 000
Financial Income	22 000	2 000	11 000	11 000
Financial Costs	3 000	4 000	9 000	2 000
Financial Balance	19 000	−2 000	2 000	9 000
Earnings Before Tax	322 000	479 000	−122 000	161 000
Tax	71 000	105 000	−27 000	35 000
Net Income	251 000	374 000	−95 000	126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	546 000	541 000	538 000	527 000
Total Current Assets	775 000	504 000	−47 000	269 000
Total Assets	1 320 000	1 044 000	491 000	796 000
Total Retained Equity	889 000	637 000	264 000	359 000
Total Equity	989 000	737 000	364 000	459 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	331 000	307 000	127 000	337 000
Total Equity and Debt	1 320 000	1 044 000	491 000	796 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 441 000	1 387 000	957 000	1 558 000
Other Income	0	0	0	0
Revenue	1 441 000	1 387 000	957 000	1 558 000
Cost of Goods Sold	0	0	0	0
Salary Costs	995 000	815 000	923 000	1 265 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 137 000	906 000	1 082 000	1 407 000
Operating Profit	303 000	481 000	−125 000	152 000
Financial Income	22 000	2 000	11 000	11 000
Financial Costs	3 000	4 000	9 000	2 000
Financial Balance	19 000	−2 000	2 000	9 000
Dividends	0	0	0	0
Net Income	251 000	374 000	−95 000	126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	0	0	0
Total Tangible Assets	19 000	0	0	0
Total Fiancial Fixed Assets	527 000	541 000	538 000	527 000
Total Fixed Assets	546 000	541 000	538 000	527 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	606 000	309 000	−98 000	73 000
Total Current Assets	775 000	504 000	−47 000	269 000
Total Assets	1 320 000	1 044 000	491 000	796 000
Total Equity	989 000	737 000	364 000	459 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	9 000	4 000	9 000	9 000
Unpaid Taxes	117 000	113 000	22 000	165 000
Dividends	0	0	0	0
Other Current Debt	134 000	85 000	97 000	128 000
Total Current Debt	331 000	307 000	127 000	337 000
Total Equity and Debt	1 320 000	1 044 000	491 000	796 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,38 %	50,75 %	−26,1 %	27,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,03 %	34,68 %	−13,06 %	9,76 %
Current Ratio	2,34	1,64	−0,37	0,8
Quick Ratio	2,34	1,64	−0,37	0,8
Equity Ratio	0,75	0,71	0,74	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %