IRIS AS

5012 BERGEN

Finances

Return on Equity

46,08 %

Current Ratio

0,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 271 000	11 880 000	10 480 000	8 597 000
Net Income	2 024 000	2 412 000	1 785 000	1 422 000
Total Assets	7 100 000	6 726 000	5 577 000	5 452 000
Total Equity	4 392 000	3 868 000	2 956 000	2 471 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 271 000	11 880 000	10 480 000	8 597 000
Expenditure	8 507 000	8 925 000	8 118 000	6 870 000
Operating Profit	1 764 000	2 955 000	2 361 000	1 728 000
Financial Income	809 000	100 000	28 000	29 000
Financial Costs	162 000	0	192 000	0
Financial Balance	647 000	100 000	−164 000	29 000
Earnings Before Tax	2 412 000	3 055 000	2 197 000	1 757 000
Tax	388 000	643 000	413 000	335 000
Net Income	2 024 000	2 412 000	1 785 000	1 422 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 600 000	4 933 000	4 537 000	4 213 000
Total Current Assets	500 000	1 794 000	1 039 000	1 238 000
Total Assets	7 100 000	6 726 000	5 577 000	5 452 000
Total Retained Equity	4 292 000	3 768 000	2 856 000	2 371 000
Total Equity	4 392 000	3 868 000	2 956 000	2 471 000
Total Long-Term Debt	21 000	8 000	16 000	0
Total Current Debt	2 687 000	2 850 000	2 605 000	2 981 000
Total Equity and Debt	7 100 000	6 726 000	5 577 000	5 452 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 271 000	11 880 000	9 949 000	8 597 000
Other Income	0	0	530 000	0
Revenue	10 271 000	11 880 000	10 480 000	8 597 000
Cost of Goods Sold	77 000	48 000	38 000	45 000
Salary Costs	2 224 000	2 359 000	2 334 000	2 410 000
Depreciation	236 000	105 000	116 000	115 000
Impairment	0	0	0	0
Expenditure	8 507 000	8 925 000	8 118 000	6 870 000
Operating Profit	1 764 000	2 955 000	2 361 000	1 728 000
Financial Income	809 000	100 000	28 000	29 000
Financial Costs	162 000	0	192 000	0
Financial Balance	647 000	100 000	−164 000	29 000
Dividends	1 500 000	1 500 000	1 300 000	1 300 000
Net Income	2 024 000	2 412 000	1 785 000	1 422 000

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	1 315 000	330 000	435 000	419 000
Total Tangible Assets	1 315 000	330 000	435 000	419 000
Total Fiancial Fixed Assets	5 285 000	4 603 000	4 103 000	3 794 000
Total Fixed Assets	6 600 000	4 933 000	4 537 000	4 213 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	400 000	1 698 000	560 000	1 122 000
Total Current Assets	500 000	1 794 000	1 039 000	1 238 000
Total Assets	7 100 000	6 726 000	5 577 000	5 452 000
Total Equity	4 392 000	3 868 000	2 956 000	2 471 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 000	8 000	16 000	0
Creditors	10 000	367 000	0	321 000
Unpaid Taxes	184 000	178 000	196 000	188 000
Dividends	1 500 000	1 500 000	1 300 000	1 300 000
Other Current Debt	664 000	224 000	805 000	986 000
Total Current Debt	2 687 000	2 850 000	2 605 000	2 981 000
Total Equity and Debt	7 100 000	6 726 000	5 577 000	5 452 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,08 %	62,36 %	60,39 %	57,55 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	17,17 %	24,87 %	22,53 %	20,1 %
Current Ratio	0,19	0,63	0,4	0,42
Quick Ratio	0,19	0,63	0,4	0,42
Equity Ratio	0,62	0,58	0,53	0,45
Gross Profit Margin	99,25 %	99,6 %	99,64 %	99,48 %