IVARHAVN AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

79,73 %

Current Ratio

1,93

Debt-to-Equity Ratio

4,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 875 000	8 811 000	7 865 000	7 536 000
Net Income	5 251 000	4 776 000	4 455 000	4 547 000
Total Assets	49 094 000	36 431 000	31 399 000	31 498 000
Total Equity	6 586 000	8 510 000	3 567 000	10 621 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 875 000	8 811 000	7 865 000	7 536 000
Expenditure	1 799 000	2 225 000	1 827 000	1 867 000
Operating Profit	7 076 000	6 586 000	6 038 000	5 669 000
Financial Income	513 000	117 000	533 000	657 000
Financial Costs	1 107 000	580 000	701 000	654 000
Financial Balance	−594 000	−463 000	−168 000	3 000
Earnings Before Tax	6 482 000	6 123 000	5 870 000	5 672 000
Tax	1 231 000	1 348 000	1 415 000	1 124 000
Net Income	5 251 000	4 776 000	4 455 000	4 547 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 167 000	28 344 000	29 522 000	30 699 000
Total Current Assets	21 927 000	8 087 000	1 877 000	798 000
Total Assets	49 094 000	36 431 000	31 399 000	31 498 000
Total Retained Equity	3 019 000	4 943 000	0	6 028 000
Total Equity	6 586 000	8 510 000	3 567 000	10 621 000
Total Long-Term Debt	31 151 000	23 265 000	25 034 000	18 774 000
Total Current Debt	11 357 000	4 656 000	2 797 000	2 102 000
Total Equity and Debt	49 094 000	36 431 000	31 399 000	31 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	888 000	0	0
Other Income	8 875 000	7 923 000	7 865 000	7 536 000
Revenue	8 875 000	8 811 000	7 865 000	7 536 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 178 000	1 178 000	1 178 000	1 178 000
Impairment	0	0	0	0
Expenditure	1 799 000	2 225 000	1 827 000	1 867 000
Operating Profit	7 076 000	6 586 000	6 038 000	5 669 000
Financial Income	513 000	117 000	533 000	657 000
Financial Costs	1 107 000	580 000	701 000	654 000
Financial Balance	−594 000	−463 000	−168 000	3 000
Dividends	6 000 000	0	11 815 000	5 507 000
Net Income	5 251 000	4 776 000	4 455 000	4 547 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 167 000	28 344 000	29 522 000	30 699 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 167 000	28 344 000	29 522 000	30 699 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 167 000	28 344 000	29 522 000	30 699 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	490 000	885 000	459 000	116 000
Total Current Assets	21 927 000	8 087 000	1 877 000	798 000
Total Assets	49 094 000	36 431 000	31 399 000	31 498 000
Total Equity	6 586 000	8 510 000	3 567 000	10 621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 151 000	23 265 000	25 034 000	18 774 000
Creditors	8 000	3 000	7 000	11 000
Unpaid Taxes	327 000	198 000	321 000	259 000
Dividends	6 000 000	0	11 815 000	5 507 000
Other Current Debt	9 846 000	3 173 000	1 427 000	789 000
Total Current Debt	11 357 000	4 656 000	2 797 000	2 102 000
Total Equity and Debt	49 094 000	36 431 000	31 399 000	31 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,73 %	56,12 %	124,89 %	42,81 %
Debt-to-Equity Ratio	4,73	2,73	7,02	1,77
Operating Profit Margin	79,73 %	74,75 %	76,77 %	75,23 %
Current Ratio	1,93	1,74	0,67	0,38
Quick Ratio	1,93	1,74	0,67	0,38
Equity Ratio	0,13	0,23	0,11	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %