IK-NORWAY AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

119,52 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 222 000	185 190 000	169 476 000	199 989 000
Net Income	41 336 000	19 826 000	−8 793 000	25 682 000
Total Assets	170 207 000	127 227 000	111 018 000	140 942 000
Total Equity	34 585 000	57 644 000	51 432 000	70 899 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 222 000	185 190 000	169 476 000	199 989 000
Expenditure	160 910 000	160 392 000	177 974 000	167 684 000
Operating Profit	51 312 000	24 798 000	−8 498 000	32 305 000
Financial Income	5 887 000	3 617 000	8 078 000	4 426 000
Financial Costs	4 314 000	2 991 000	11 042 000	3 926 000
Financial Balance	1 573 000	626 000	−2 964 000	500 000
Earnings Before Tax	52 886 000	25 424 000	−11 462 000	32 805 000
Tax	11 550 000	5 599 000	−2 669 000	7 123 000
Net Income	41 336 000	19 826 000	−8 793 000	25 682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 235 000	30 471 000	26 989 000	42 880 000
Total Current Assets	165 973 000	96 757 000	84 029 000	98 062 000
Total Assets	170 207 000	127 227 000	111 018 000	140 942 000
Total Retained Equity	33 788 000	56 470 000	50 258 000	69 726 000
Total Equity	34 585 000	57 644 000	51 432 000	70 899 000
Total Long-Term Debt	1 844 000	1 107 000	7 997 000	7 520 000
Total Current Debt	133 778 000	68 476 000	51 590 000	62 523 000
Total Equity and Debt	170 207 000	127 227 000	111 018 000	140 942 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	211 771 000	183 406 000	167 629 000	199 499 000
Other Income	451 000	1 784 000	1 847 000	490 000
Revenue	212 222 000	185 190 000	169 476 000	199 989 000
Cost of Goods Sold	78 213 000	53 764 000	56 285 000	64 634 000
Salary Costs	56 224 000	65 056 000	72 095 000	73 299 000
Depreciation	3 254 000	8 467 000	9 510 000	7 215 000
Impairment	0	0	10 567 000	0
Expenditure	160 910 000	160 392 000	177 974 000	167 684 000
Operating Profit	51 312 000	24 798 000	−8 498 000	32 305 000
Financial Income	5 887 000	3 617 000	8 078 000	4 426 000
Financial Costs	4 314 000	2 991 000	11 042 000	3 926 000
Financial Balance	1 573 000	626 000	−2 964 000	500 000
Dividends	0	0	0	0
Net Income	41 336 000	19 826 000	−8 793 000	25 682 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	542 000	9 266 000	16 383 000	15 809 000
Real Eastate	1 193 000	2 395 000	3 605 000	4 610 000
Machinery and Plant Facilities	343 000	15 956 000	4 152 000	11 040 000
Fixtures	2 149 000	2 853 000	2 849 000	2 645 000
Total Tangible Assets	3 684 000	21 204 000	10 606 000	18 296 000
Total Fiancial Fixed Assets	9 000	0	0	8 775 000
Total Fixed Assets	4 235 000	30 471 000	26 989 000	42 880 000
Stock	613 000	830 000	666 000	562 000
Total Investments	0	0	0	0
Cash, Bank	4 027 000	2 920 000	2 538 000	3 024 000
Total Current Assets	165 973 000	96 757 000	84 029 000	98 062 000
Total Assets	170 207 000	127 227 000	111 018 000	140 942 000
Total Equity	34 585 000	57 644 000	51 432 000	70 899 000
Short-Term Group Debt	74 560 000	0	10 865 000	0
Total Long-Term Debt	1 844 000	1 107 000	7 997 000	7 520 000
Creditors	34 983 000	19 513 000	16 213 000	30 704 000
Unpaid Taxes	6 095 000	5 218 000	4 809 000	5 638 000
Dividends	0	0	0	0
Other Current Debt	18 141 000	23 230 000	19 703 000	11 618 000
Total Current Debt	133 778 000	68 476 000	51 590 000	62 523 000
Total Equity and Debt	170 207 000	127 227 000	111 018 000	140 942 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,52 %	34,39 %	−17,1 %	36,22 %
Debt-to-Equity Ratio	0,05	0,02	0,16	0,11
Operating Profit Margin	24,18 %	13,39 %	−5,01 %	16,15 %
Current Ratio	1,24	1,41	1,63	1,57
Quick Ratio	1,25	1,43	1,65	1,58
Equity Ratio	0,2	0,45	0,46	0,5
Gross Profit Margin	63,15 %	70,97 %	66,79 %	67,68 %