INCICON AS

0680 OSLO

Finances

Return on Equity

−1,8 %

Current Ratio

18,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 853 000	1 405 000	2 171 000	2 036 000
Net Income	−29 000	209 000	679 000	214 000
Total Assets	1 668 000	1 836 000	1 921 000	1 064 000
Total Equity	1 609 000	1 638 000	1 429 000	749 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 853 000	1 405 000	2 171 000	2 036 000
Expenditure	1 902 000	1 163 000	1 333 000	1 772 000
Operating Profit	−48 000	268 000	839 000	265 000
Financial Income	0	8 000	28 000	6 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	8 000	28 000	5 000
Earnings Before Tax	−49 000	276 000	866 000	271 000
Tax	−19 000	67 000	187 000	57 000
Net Income	−29 000	209 000	679 000	214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	591 000	542 000	461 000	341 000
Total Current Assets	1 076 000	1 293 000	1 460 000	723 000
Total Assets	1 668 000	1 836 000	1 921 000	1 064 000
Total Retained Equity	1 509 000	1 538 000	1 329 000	649 000
Total Equity	1 609 000	1 638 000	1 429 000	749 000
Total Long-Term Debt	0	3 000	0	1 000
Total Current Debt	59 000	194 000	492 000	314 000
Total Equity and Debt	1 668 000	1 836 000	1 921 000	1 064 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 716 000	1 266 000	2 034 000	2 019 000
Other Income	137 000	139 000	136 000	17 000
Revenue	1 853 000	1 405 000	2 171 000	2 036 000
Cost of Goods Sold	277 000	257 000	343 000	413 000
Salary Costs	794 000	368 000	410 000	686 000
Depreciation	71 000	44 000	47 000	38 000
Impairment	0	0	0	0
Expenditure	1 902 000	1 163 000	1 333 000	1 772 000
Operating Profit	−48 000	268 000	839 000	265 000
Financial Income	0	8 000	28 000	6 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	8 000	28 000	5 000
Dividends	0	0	0	0
Net Income	−29 000	209 000	679 000	214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	78 000	70 000	70 000	70 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	253 000	211 000	138 000	161 000
Total Tangible Assets	253 000	211 000	138 000	161 000
Total Fiancial Fixed Assets	261 000	261 000	253 000	110 000
Total Fixed Assets	591 000	542 000	461 000	341 000
Stock	54 000	54 000	28 000	28 000
Total Investments	0	0	0	0
Cash, Bank	419 000	693 000	1 007 000	241 000
Total Current Assets	1 076 000	1 293 000	1 460 000	723 000
Total Assets	1 668 000	1 836 000	1 921 000	1 064 000
Total Equity	1 609 000	1 638 000	1 429 000	749 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	0	1 000
Creditors	40 000	16 000	23 000	80 000
Unpaid Taxes	−68 000	−14 000	25 000	55 000
Dividends	0	0	0	0
Other Current Debt	88 000	129 000	257 000	122 000
Total Current Debt	59 000	194 000	492 000	314 000
Total Equity and Debt	1 668 000	1 836 000	1 921 000	1 064 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,8 %	12,76 %	47,52 %	28,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,59 %	19,07 %	38,65 %	13,02 %
Current Ratio	18,24	6,66	2,97	2,3
Quick Ratio	215,2	9,24	3,15	2,53
Equity Ratio	0,96	0,89	0,74	0,7
Gross Profit Margin	85,05 %	81,71 %	84,2 %	79,72 %