INDUSTRISVEIS AS

3937 PORSGRUNN

Finances

Share Ownership

Return on Equity

44,48 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 411 000	57 467 000	45 963 000	39 592 000
Net Income	5 643 000	2 631 000	847 000	1 587 000
Total Assets	35 658 000	25 591 000	19 101 000	16 238 000
Total Equity	12 688 000	9 044 000	7 713 000	7 566 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 411 000	57 467 000	45 963 000	39 592 000
Expenditure	69 963 000	53 934 000	44 767 000	37 095 000
Operating Profit	7 448 000	3 533 000	1 197 000	2 497 000
Financial Income	1 000	0	22 000	19 000
Financial Costs	214 000	159 000	131 000	410 000
Financial Balance	−213 000	−159 000	−109 000	−391 000
Earnings Before Tax	7 235 000	3 374 000	1 088 000	2 106 000
Tax	1 592 000	742 000	240 000	519 000
Net Income	5 643 000	2 631 000	847 000	1 587 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 653 000	8 736 000	5 389 000	6 131 000
Total Current Assets	28 005 000	16 855 000	13 712 000	10 107 000
Total Assets	35 658 000	25 591 000	19 101 000	16 238 000
Total Retained Equity	12 488 000	8 844 000	7 513 000	7 366 000
Total Equity	12 688 000	9 044 000	7 713 000	7 566 000
Total Long-Term Debt	3 412 000	4 554 000	2 005 000	2 637 000
Total Current Debt	19 558 000	11 992 000	9 383 000	6 035 000
Total Equity and Debt	35 658 000	25 591 000	19 101 000	16 238 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 373 000	57 392 000	45 963 000	39 535 000
Other Income	38 000	75 000	0	57 000
Revenue	77 411 000	57 467 000	45 963 000	39 592 000
Cost of Goods Sold	44 791 000	31 028 000	24 841 000	18 300 000
Salary Costs	17 817 000	16 479 000	13 818 000	12 514 000
Depreciation	1 873 000	1 517 000	1 407 000	1 372 000
Impairment	0	0	0	0
Expenditure	69 963 000	53 934 000	44 767 000	37 095 000
Operating Profit	7 448 000	3 533 000	1 197 000	2 497 000
Financial Income	1 000	0	22 000	19 000
Financial Costs	214 000	159 000	131 000	410 000
Financial Balance	−213 000	−159 000	−109 000	−391 000
Dividends	2 000 000	1 300 000	700 000	0
Net Income	5 643 000	2 631 000	847 000	1 587 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	861 000	1 063 000	1 265 000	1 468 000
Machinery and Plant Facilities	6 251 000	7 446 000	3 605 000	4 391 000
Fixtures	449 000	197 000	460 000	225 000
Total Tangible Assets	7 561 000	8 706 000	5 329 000	6 084 000
Total Fiancial Fixed Assets	92 000	30 000	60 000	46 000
Total Fixed Assets	7 653 000	8 736 000	5 389 000	6 131 000
Stock	10 790 000	4 490 000	3 957 000	1 543 000
Total Investments	0	0	0	0
Cash, Bank	5 657 000	1 517 000	2 606 000	4 362 000
Total Current Assets	28 005 000	16 855 000	13 712 000	10 107 000
Total Assets	35 658 000	25 591 000	19 101 000	16 238 000
Total Equity	12 688 000	9 044 000	7 713 000	7 566 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 412 000	4 554 000	2 005 000	2 637 000
Creditors	12 725 000	5 313 000	6 020 000	2 536 000
Unpaid Taxes	760 000	2 381 000	1 364 000	1 542 000
Dividends	2 000 000	1 300 000	700 000	0
Other Current Debt	2 379 000	2 269 000	1 697 000	1 358 000
Total Current Debt	19 558 000	11 992 000	9 383 000	6 035 000
Total Equity and Debt	35 658 000	25 591 000	19 101 000	16 238 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,48 %	29,09 %	10,98 %	20,98 %
Debt-to-Equity Ratio	0,27	0,5	0,26	0,35
Operating Profit Margin	9,62 %	6,15 %	2,6 %	6,31 %
Current Ratio	1,43	1,41	1,46	1,67
Quick Ratio	3,19	2,25	2,53	2,25
Equity Ratio	0,36	0,35	0,4	0,47
Gross Profit Margin	42,14 %	46,01 %	45,95 %	53,78 %