IWAKI NORGE AS

1266 OSLO

Finances

Share Ownership

Return on Equity

39,25 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 328 000	29 455 000	19 339 000	29 076 000
Net Income	2 440 000	1 134 000	857 000	1 046 000
Total Assets	12 396 000	9 192 000	8 996 000	8 445 000
Total Equity	6 217 000	4 876 000	4 599 000	3 350 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 328 000	29 455 000	19 339 000	29 076 000
Expenditure	31 825 000	27 900 000	18 350 000	27 574 000
Operating Profit	3 503 000	1 555 000	989 000	1 502 000
Financial Income	329 000	296 000	296 000	61 000
Financial Costs	701 000	397 000	186 000	222 000
Financial Balance	−372 000	−101 000	110 000	−161 000
Earnings Before Tax	3 131 000	1 454 000	1 098 000	1 341 000
Tax	690 000	320 000	242 000	295 000
Net Income	2 440 000	1 134 000	857 000	1 046 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	303 000	264 000	240 000	223 000
Total Current Assets	12 093 000	8 927 000	8 756 000	8 222 000
Total Assets	12 396 000	9 192 000	8 996 000	8 445 000
Total Retained Equity	5 067 000	3 726 000	3 449 000	2 200 000
Total Equity	6 217 000	4 876 000	4 599 000	3 350 000
Total Long-Term Debt	2 000	1 000	3 000	33 000
Total Current Debt	6 177 000	4 315 000	4 394 000	5 062 000
Total Equity and Debt	12 396 000	9 192 000	8 996 000	8 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 088 000	29 305 000	19 223 000	28 972 000
Other Income	239 000	150 000	116 000	103 000
Revenue	35 328 000	29 455 000	19 339 000	29 076 000
Cost of Goods Sold	19 399 000	16 000 000	10 902 000	16 590 000
Salary Costs	6 838 000	6 648 000	4 162 000	5 911 000
Depreciation	11 000	2 000	4 000	31 000
Impairment	0	365 000	233 000	722 000
Expenditure	31 825 000	27 900 000	18 350 000	27 574 000
Operating Profit	3 503 000	1 555 000	989 000	1 502 000
Financial Income	329 000	296 000	296 000	61 000
Financial Costs	701 000	397 000	186 000	222 000
Financial Balance	−372 000	−101 000	110 000	−161 000
Dividends	0	0	0	0
Net Income	2 440 000	1 134 000	857 000	1 046 000

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	63 000	24 000	0	8 000
Total Tangible Assets	63 000	24 000	0	8 000
Total Fiancial Fixed Assets	240 000	240 000	240 000	215 000
Total Fixed Assets	303 000	264 000	240 000	223 000
Stock	1 023 000	995 000	955 000	957 000
Total Investments	0	0	0	0
Cash, Bank	6 829 000	2 780 000	3 513 000	1 046 000
Total Current Assets	12 093 000	8 927 000	8 756 000	8 222 000
Total Assets	12 396 000	9 192 000	8 996 000	8 445 000
Total Equity	6 217 000	4 876 000	4 599 000	3 350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	1 000	3 000	33 000
Creditors	1 591 000	1 512 000	1 612 000	2 173 000
Unpaid Taxes	1 765 000	1 646 000	1 644 000	1 940 000
Dividends	0	0	0	0
Other Current Debt	2 133 000	834 000	756 000	670 000
Total Current Debt	6 177 000	4 315 000	4 394 000	5 062 000
Total Equity and Debt	12 396 000	9 192 000	8 996 000	8 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,25 %	23,26 %	18,63 %	31,22 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	9,92 %	5,28 %	5,11 %	5,17 %
Current Ratio	1,96	2,07	1,99	1,62
Quick Ratio	2,35	2,69	2,55	2
Equity Ratio	0,5	0,53	0,51	0,4
Gross Profit Margin	45,09 %	45,68 %	43,63 %	42,94 %