INES AS

7020 TRONDHEIM

Finances

Return on Equity

3,37 %

Current Ratio

27,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	588 000	1 394 000	1 777 000	3 959 000
Net Income	2 494 000	596 000	39 588 000	3 410 000
Total Assets	76 805 000	74 231 000	77 544 000	38 997 000
Total Equity	74 030 000	73 989 000	73 393 000	38 185 000

Income (NOK)	2022	2021	2020	2019
Revenue	588 000	1 394 000	1 777 000	3 959 000
Expenditure	1 124 000	895 000	1 087 000	561 000
Operating Profit	−536 000	498 000	690 000	3 398 000
Financial Income	3 030 000	98 000	41 184 000	789 000
Financial Costs	0	0	5 000	0
Financial Balance	3 030 000	98 000	41 179 000	789 000
Earnings Before Tax	2 494 000	596 000	41 869 000	4 187 000
Tax	0	0	−94 000	777 000
Net Income	2 494 000	596 000	39 588 000	3 410 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	9 639 000	9 565 000	16 447 000
Total Current Assets	76 805 000	64 592 000	67 979 000	22 551 000
Total Assets	76 805 000	74 231 000	77 544 000	38 997 000
Total Retained Equity	70 752 000	70 759 000	70 163 000	34 955 000
Total Equity	74 030 000	73 989 000	73 393 000	38 185 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 775 000	242 000	4 151 000	812 000
Total Equity and Debt	76 805 000	74 231 000	77 544 000	38 997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	588 000	1 394 000	1 777 000	3 959 000
Revenue	588 000	1 394 000	1 777 000	3 959 000
Cost of Goods Sold	0	0	0	0
Salary Costs	114 000	114 000	159 000	75 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 124 000	895 000	1 087 000	561 000
Operating Profit	−536 000	498 000	690 000	3 398 000
Financial Income	3 030 000	98 000	41 184 000	789 000
Financial Costs	0	0	5 000	0
Financial Balance	3 030 000	98 000	41 179 000	789 000
Dividends	2 500 000	0	4 380 000	0
Net Income	2 494 000	596 000	39 588 000	3 410 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	9 639 000	9 565 000	16 447 000
Total Fixed Assets	0	9 639 000	9 565 000	16 447 000
Stock	0	0	0	0
Total Investments	73 518 000	63 094 000	58 530 000	16 022 000
Cash, Bank	3 287 000	1 498 000	9 349 000	6 501 000
Total Current Assets	76 805 000	64 592 000	67 979 000	22 551 000
Total Assets	76 805 000	74 231 000	77 544 000	38 997 000
Total Equity	74 030 000	73 989 000	73 393 000	38 185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	13 000	10 000	0
Unpaid Taxes	57 000	57 000	0	33 000
Dividends	2 500 000	0	4 380 000	0
Other Current Debt	189 000	172 000	142 000	2 000
Total Current Debt	2 775 000	242 000	4 151 000	812 000
Total Equity and Debt	76 805 000	74 231 000	77 544 000	38 997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,37 %	0,81 %	53,94 %	8,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−91,16 %	35,72 %	38,83 %	85,83 %
Current Ratio	27,68	266,91	16,38	27,77
Quick Ratio	27,68	266,91	16,38	27,77
Equity Ratio	0,96	1	0,95	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %