IVAR A SUNDE AS

6847 VASSENDEN

Finances

Return on Equity

13,85 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 954 000	17 500 000	15 141 000	15 603 000
Net Income	732 000	961 000	828 000	2 005 000
Total Assets	12 204 000	11 803 000	11 542 000	10 724 000
Total Equity	5 285 000	4 553 000	3 592 000	2 918 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 954 000	17 500 000	15 141 000	15 603 000
Expenditure	18 123 000	15 740 000	13 881 000	12 563 000
Operating Profit	831 000	1 759 000	1 259 000	3 040 000
Financial Income	5 000	3 000	2 000	2 000
Financial Costs	104 000	379 000	144 000	674 000
Financial Balance	−99 000	−376 000	−142 000	−672 000
Earnings Before Tax	732 000	1 384 000	1 118 000	2 368 000
Tax	0	423 000	289 000	363 000
Net Income	732 000	961 000	828 000	2 005 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 737 000	2 588 000	2 515 000	2 108 000
Total Current Assets	9 467 000	9 215 000	9 027 000	8 616 000
Total Assets	12 204 000	11 803 000	11 542 000	10 724 000
Total Retained Equity	4 135 000	3 403 000	2 442 000	1 768 000
Total Equity	5 285 000	4 553 000	3 592 000	2 918 000
Total Long-Term Debt	1 666 000	1 746 000	3 108 000	2 740 000
Total Current Debt	5 254 000	5 504 000	4 841 000	5 066 000
Total Equity and Debt	12 204 000	11 803 000	11 542 000	10 724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 691 000	16 994 000	15 141 000	15 063 000
Other Income	263 000	506 000	0	540 000
Revenue	18 954 000	17 500 000	15 141 000	15 603 000
Cost of Goods Sold	8 747 000	7 837 000	6 000 000	5 659 000
Salary Costs	5 866 000	4 850 000	5 135 000	5 044 000
Depreciation	506 000	452 000	376 000	311 000
Impairment	0	0	0	0
Expenditure	18 123 000	15 740 000	13 881 000	12 563 000
Operating Profit	831 000	1 759 000	1 259 000	3 040 000
Financial Income	5 000	3 000	2 000	2 000
Financial Costs	104 000	379 000	144 000	674 000
Financial Balance	−99 000	−376 000	−142 000	−672 000
Dividends	0	0	0	0
Net Income	732 000	961 000	828 000	2 005 000

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	1 757 000	1 508 000	1 340 000	933 000
Total Tangible Assets	1 757 000	1 508 000	1 340 000	933 000
Total Fiancial Fixed Assets	980 000	1 080 000	1 175 000	1 175 000
Total Fixed Assets	2 737 000	2 588 000	2 515 000	2 108 000
Stock	6 441 000	4 565 000	6 720 000	7 031 000
Total Investments	0	0	0	0
Cash, Bank	515 000	335 000	323 000	606 000
Total Current Assets	9 467 000	9 215 000	9 027 000	8 616 000
Total Assets	12 204 000	11 803 000	11 542 000	10 724 000
Total Equity	5 285 000	4 553 000	3 592 000	2 918 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 666 000	1 746 000	3 108 000	2 740 000
Creditors	3 623 000	3 432 000	2 935 000	3 425 000
Unpaid Taxes	814 000	915 000	923 000	1 093 000
Dividends	0	0	0	0
Other Current Debt	816 000	734 000	676 000	487 000
Total Current Debt	5 254 000	5 504 000	4 841 000	5 066 000
Total Equity and Debt	12 204 000	11 803 000	11 542 000	10 724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,85 %	21,11 %	23,05 %	68,71 %
Debt-to-Equity Ratio	0,32	0,38	0,87	0,94
Operating Profit Margin	4,38 %	10,05 %	8,32 %	19,48 %
Current Ratio	1,8	1,67	1,86	1,7
Quick Ratio	−7,98	9,81	−4,8	−4,38
Equity Ratio	0,43	0,39	0,31	0,27
Gross Profit Margin	53,85 %	55,22 %	60,37 %	63,73 %