IVAR LØNE AS

5710 SKULESTADMO

Finances

Return on Equity

11,1 %

Current Ratio

3,16

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 583 000	13 458 000	11 652 000	13 799 000
Net Income	793 000	990 000	223 000	628 000
Total Assets	10 013 000	10 095 000	9 952 000	9 610 000
Total Equity	7 144 000	6 351 000	5 610 000	5 387 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 583 000	13 458 000	11 652 000	13 799 000
Expenditure	13 512 000	12 112 000	11 264 000	12 862 000
Operating Profit	1 071 000	1 347 000	388 000	937 000
Financial Income	4 000	4 000	2 000	1 000
Financial Costs	57 000	81 000	103 000	133 000
Financial Balance	−53 000	−77 000	−101 000	−132 000
Earnings Before Tax	1 017 000	1 269 000	286 000	805 000
Tax	224 000	279 000	63 000	177 000
Net Income	793 000	990 000	223 000	628 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 596 000	3 980 000	4 363 000	4 459 000
Total Current Assets	6 416 000	6 114 000	5 588 000	5 150 000
Total Assets	10 013 000	10 095 000	9 952 000	9 610 000
Total Retained Equity	7 044 000	6 251 000	5 510 000	5 287 000
Total Equity	7 144 000	6 351 000	5 610 000	5 387 000
Total Long-Term Debt	839 000	1 494 000	2 545 000	1 914 000
Total Current Debt	2 030 000	2 250 000	1 796 000	2 308 000
Total Equity and Debt	10 013 000	10 095 000	9 952 000	9 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 292 000	13 114 000	11 043 000	13 538 000
Other Income	291 000	344 000	609 000	261 000
Revenue	14 583 000	13 458 000	11 652 000	13 799 000
Cost of Goods Sold	5 944 000	5 301 000	4 722 000	5 312 000
Salary Costs	3 985 000	3 661 000	2 913 000	4 116 000
Depreciation	432 000	477 000	459 000	454 000
Impairment	0	0	115 000	0
Expenditure	13 512 000	12 112 000	11 264 000	12 862 000
Operating Profit	1 071 000	1 347 000	388 000	937 000
Financial Income	4 000	4 000	2 000	1 000
Financial Costs	57 000	81 000	103 000	133 000
Financial Balance	−53 000	−77 000	−101 000	−132 000
Dividends	0	250 000	0	250 000
Net Income	793 000	990 000	223 000	628 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 449 000	2 488 000	2 549 000	2 687 000
Machinery and Plant Facilities	476 000	584 000	748 000	734 000
Fixtures	0	5 000	16 000	27 000
Total Tangible Assets	3 387 000	3 706 000	4 026 000	3 997 000
Total Fiancial Fixed Assets	209 000	275 000	337 000	462 000
Total Fixed Assets	3 596 000	3 980 000	4 363 000	4 459 000
Stock	1 245 000	1 069 000	1 017 000	1 324 000
Total Investments	0	0	0	0
Cash, Bank	2 223 000	2 103 000	2 819 000	867 000
Total Current Assets	6 416 000	6 114 000	5 588 000	5 150 000
Total Assets	10 013 000	10 095 000	9 952 000	9 610 000
Total Equity	7 144 000	6 351 000	5 610 000	5 387 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	839 000	1 494 000	2 545 000	1 914 000
Creditors	251 000	217 000	582 000	388 000
Unpaid Taxes	1 139 000	1 161 000	727 000	808 000
Dividends	0	250 000	0	250 000
Other Current Debt	403 000	334 000	461 000	662 000
Total Current Debt	2 030 000	2 250 000	1 796 000	2 308 000
Total Equity and Debt	10 013 000	10 095 000	9 952 000	9 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,1 %	15,59 %	3,98 %	11,66 %
Debt-to-Equity Ratio	0,12	0,24	0,45	0,36
Operating Profit Margin	7,34 %	10,01 %	3,33 %	6,79 %
Current Ratio	3,16	2,72	3,11	2,23
Quick Ratio	8,17	5,18	7,17	5,23
Equity Ratio	0,71	0,63	0,56	0,56
Gross Profit Margin	59,24 %	60,61 %	59,47 %	61,5 %