I-PACK AS

1739 BORGENHAUGEN

Finances

Return on Equity

16,28 %

Current Ratio

1,44

Debt-to-Equity Ratio

3,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 609 000	24 912 000	26 809 000	31 657 000
Net Income	758 000	160 000	641 000	73 000
Total Assets	25 562 000	25 895 000	26 834 000	27 490 000
Total Equity	4 655 000	3 891 000	3 911 000	3 270 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 609 000	24 912 000	26 809 000	31 657 000
Expenditure	25 777 000	24 352 000	25 762 000	31 411 000
Operating Profit	1 157 000	362 000	1 240 000	114 000
Financial Income	444 000	235 000	67 000	263 000
Financial Costs	629 000	393 000	485 000	283 000
Financial Balance	−185 000	−158 000	−418 000	−20 000
Earnings Before Tax	972 000	205 000	822 000	94 000
Tax	214 000	45 000	181 000	21 000
Net Income	758 000	160 000	641 000	73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 074 000	20 628 000	21 403 000	21 029 000
Total Current Assets	5 489 000	5 268 000	5 431 000	6 461 000
Total Assets	25 562 000	25 895 000	26 834 000	27 490 000
Total Retained Equity	4 131 000	3 368 000	3 388 000	2 747 000
Total Equity	4 655 000	3 891 000	3 911 000	3 270 000
Total Long-Term Debt	17 097 000	18 212 000	19 407 000	19 618 000
Total Current Debt	3 811 000	3 792 000	3 516 000	4 602 000
Total Equity and Debt	25 562 000	25 895 000	26 834 000	27 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 887 000	23 297 000	25 390 000	29 596 000
Other Income	1 722 000	1 615 000	1 419 000	2 061 000
Revenue	26 609 000	24 912 000	26 809 000	31 657 000
Cost of Goods Sold	14 192 000	13 247 000	15 784 000	16 717 000
Salary Costs	6 929 000	6 697 000	6 387 000	8 428 000
Depreciation	963 000	932 000	931 000	505 000
Impairment	0	0	0	0
Expenditure	25 777 000	24 352 000	25 762 000	31 411 000
Operating Profit	1 157 000	362 000	1 240 000	114 000
Financial Income	444 000	235 000	67 000	263 000
Financial Costs	629 000	393 000	485 000	283 000
Financial Balance	−185 000	−158 000	−418 000	−20 000
Dividends	0	0	0	0
Net Income	758 000	160 000	641 000	73 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	47 000	12 000	19 000
Real Eastate	18 087 000	18 651 000	19 216 000	19 685 000
Machinery and Plant Facilities	346 000	505 000	560 000	845 000
Fixtures	1 035 000	1 014 000	1 195 000	115 000
Total Tangible Assets	19 467 000	20 171 000	20 971 000	20 645 000
Total Fiancial Fixed Assets	570 000	409 000	420 000	366 000
Total Fixed Assets	20 074 000	20 628 000	21 403 000	21 029 000
Stock	2 139 000	1 508 000	1 268 000	1 325 000
Total Investments	0	0	0	0
Cash, Bank	236 000	792 000	241 000	1 342 000
Total Current Assets	5 489 000	5 268 000	5 431 000	6 461 000
Total Assets	25 562 000	25 895 000	26 834 000	27 490 000
Total Equity	4 655 000	3 891 000	3 911 000	3 270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 097 000	18 212 000	19 407 000	19 618 000
Creditors	1 685 000	1 846 000	1 589 000	2 945 000
Unpaid Taxes	899 000	987 000	961 000	507 000
Dividends	0	0	0	0
Other Current Debt	812 000	959 000	706 000	950 000
Total Current Debt	3 811 000	3 792 000	3 516 000	4 602 000
Total Equity and Debt	25 562 000	25 895 000	26 834 000	27 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,28 %	4,11 %	16,39 %	2,23 %
Debt-to-Equity Ratio	3,67	4,68	4,96	6
Operating Profit Margin	4,35 %	1,45 %	4,63 %	0,36 %
Current Ratio	1,44	1,39	1,54	1,4
Quick Ratio	3,28	2,31	2,42	1,97
Equity Ratio	0,18	0,15	0,15	0,12
Gross Profit Margin	46,66 %	46,82 %	41,12 %	47,19 %