ISACHSEN TECHNOLOGY & ART AS

0265 OSLO

Finances

Share Ownership

Return on Equity

24,31 %

Current Ratio

1,64

Debt-to-Equity Ratio

2,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 596 000	6 127 000	6 162 000	4 885 000
Net Income	149 000	−360 000	−142 000	−107 000
Total Assets	5 199 000	3 876 000	3 545 000	3 695 000
Total Equity	613 000	464 000	824 000	966 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 596 000	6 127 000	6 162 000	4 885 000
Expenditure	6 366 000	6 480 000	6 297 000	4 977 000
Operating Profit	231 000	−353 000	−135 000	−92 000
Financial Income	8 000	13 000	59 000	44 000
Financial Costs	48 000	121 000	106 000	89 000
Financial Balance	−40 000	−108 000	−47 000	−45 000
Earnings Before Tax	191 000	−461 000	−182 000	−137 000
Tax	42 000	−101 000	−40 000	−30 000
Net Income	149 000	−360 000	−142 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	263 000	515 000	652 000	861 000
Total Current Assets	4 936 000	3 361 000	2 894 000	2 833 000
Total Assets	5 199 000	3 876 000	3 545 000	3 695 000
Total Retained Equity	513 000	364 000	724 000	866 000
Total Equity	613 000	464 000	824 000	966 000
Total Long-Term Debt	1 583 000	1 761 000	676 000	876 000
Total Current Debt	3 003 000	1 651 000	2 046 000	1 853 000
Total Equity and Debt	5 199 000	3 876 000	3 545 000	3 695 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 016 000	5 770 000	5 775 000	4 600 000
Other Income	580 000	357 000	387 000	285 000
Revenue	6 596 000	6 127 000	6 162 000	4 885 000
Cost of Goods Sold	4 551 000	4 732 000	4 820 000	3 763 000
Salary Costs	675 000	420 000	510 000	360 000
Depreciation	210 000	201 000	210 000	213 000
Impairment	0	0	0	0
Expenditure	6 366 000	6 480 000	6 297 000	4 977 000
Operating Profit	231 000	−353 000	−135 000	−92 000
Financial Income	8 000	13 000	59 000	44 000
Financial Costs	48 000	121 000	106 000	89 000
Financial Balance	−40 000	−108 000	−47 000	−45 000
Dividends	0	0	0	0
Net Income	149 000	−360 000	−142 000	−107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	64 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	241 000	451 000	652 000	861 000
Total Tangible Assets	241 000	451 000	652 000	861 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	263 000	515 000	652 000	861 000
Stock	804 000	864 000	814 000	646 000
Total Investments	0	0	0	0
Cash, Bank	384 000	28 000	205 000	87 000
Total Current Assets	4 936 000	3 361 000	2 894 000	2 833 000
Total Assets	5 199 000	3 876 000	3 545 000	3 695 000
Total Equity	613 000	464 000	824 000	966 000
Short-Term Group Debt	2 378 000	1 283 000	200 000	0
Total Long-Term Debt	1 583 000	1 761 000	676 000	876 000
Creditors	246 000	−167 000	336 000	147 000
Unpaid Taxes	45 000	414 000	190 000	321 000
Dividends	0	0	0	0
Other Current Debt	334 000	121 000	1 320 000	1 384 000
Total Current Debt	3 003 000	1 651 000	2 046 000	1 853 000
Total Equity and Debt	5 199 000	3 876 000	3 545 000	3 695 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,31 %	−77,59 %	−17,23 %	−11,08 %
Debt-to-Equity Ratio	2,58	3,8	0,82	0,91
Operating Profit Margin	3,5 %	−5,76 %	−2,19 %	−1,88 %
Current Ratio	1,64	2,04	1,41	1,53
Quick Ratio	2,24	4,27	2,35	2,35
Equity Ratio	0,12	0,12	0,23	0,26
Gross Profit Margin	31 %	22,77 %	21,78 %	22,97 %