IVEKST AS

3271 LARVIK

Finances

Share Ownership

Return on Equity

5,68 %

Current Ratio

2,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 712 000	34 629 000	30 190 000	27 758 000
Net Income	985 000	−630 000	1 135 000	2 573 000
Total Assets	21 950 000	20 534 000	21 137 000	19 534 000
Total Equity	17 343 000	15 373 000	16 003 000	14 868 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 712 000	34 629 000	30 190 000	27 758 000
Expenditure	38 933 000	35 320 000	29 149 000	25 237 000
Operating Profit	778 000	−692 000	1 040 000	2 521 000
Financial Income	208 000	68 000	99 000	53 000
Financial Costs	1 000	6 000	4 000	2 000
Financial Balance	207 000	62 000	95 000	51 000
Earnings Before Tax	985 000	−630 000	1 135 000	2 573 000
Tax	0	0	0	0
Net Income	985 000	−630 000	1 135 000	2 573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 435 000	6 799 000	6 836 000	6 053 000
Total Current Assets	15 515 000	13 736 000	14 301 000	13 482 000
Total Assets	21 950 000	20 534 000	21 137 000	19 534 000
Total Retained Equity	17 193 000	15 223 000	15 853 000	14 718 000
Total Equity	17 343 000	15 373 000	16 003 000	14 868 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 592 000	5 161 000	5 134 000	4 666 000
Total Equity and Debt	22 935 000	20 534 000	21 137 000	19 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 712 000	34 625 000	30 190 000	27 758 000
Other Income	0	4 000	0	0
Revenue	39 712 000	34 629 000	30 190 000	27 758 000
Cost of Goods Sold	5 489 000	4 022 000	2 044 000	1 652 000
Salary Costs	26 178 000	24 125 000	20 633 000	18 432 000
Depreciation	871 000	999 000	930 000	815 000
Impairment	0	0	0	0
Expenditure	38 933 000	35 320 000	29 149 000	25 237 000
Operating Profit	778 000	−692 000	1 040 000	2 521 000
Financial Income	208 000	68 000	99 000	53 000
Financial Costs	1 000	6 000	4 000	2 000
Financial Balance	207 000	62 000	95 000	51 000
Dividends	0	0	0	0
Net Income	985 000	−630 000	1 135 000	2 573 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	52 000	65 000	0
Real Eastate	3 522 000	3 636 000	3 793 000	3 532 000
Machinery and Plant Facilities	163 000	291 000	570 000	900 000
Fixtures	1 003 000	1 290 000	1 274 000	812 000
Total Tangible Assets	4 688 000	5 217 000	5 637 000	5 244 000
Total Fiancial Fixed Assets	1 708 000	1 530 000	1 134 000	809 000
Total Fixed Assets	6 435 000	6 799 000	6 836 000	6 053 000
Stock	1 470 000	1 725 000	1 118 000	1 118 000
Total Investments	0	0	0	0
Cash, Bank	5 581 000	6 347 000	8 800 000	9 485 000
Total Current Assets	15 515 000	13 736 000	14 301 000	13 482 000
Total Assets	21 950 000	20 534 000	21 137 000	19 534 000
Total Equity	17 343 000	15 373 000	16 003 000	14 868 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 351 000	640 000	754 000	1 112 000
Unpaid Taxes	1 920 000	1 975 000	1 451 000	1 339 000
Dividends	0	0	0	0
Other Current Debt	2 321 000	2 546 000	2 929 000	2 215 000
Total Current Debt	5 592 000	5 161 000	5 134 000	4 666 000
Total Equity and Debt	22 935 000	20 534 000	21 137 000	19 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,68 %	−4,1 %	7,09 %	17,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,96 %	−2 %	3,44 %	9,08 %
Current Ratio	2,77	2,66	2,79	2,89
Quick Ratio	3,76	4	3,56	3,8
Equity Ratio	0,79	0,75	0,76	0,76
Gross Profit Margin	86,18 %	88,39 %	93,23 %	94,05 %