IVAR NÆRING AS

4017 STAVANGER

Finances

Return on Equity

13,48 %

Current Ratio

4,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 747 000	31 568 000	24 672 000	17 452 000
Net Income	16 395 000	14 444 000	6 516 000	318 000
Total Assets	128 140 000	110 090 000	93 207 000	90 492 000
Total Equity	121 639 000	105 244 000	90 800 000	84 284 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 747 000	31 568 000	24 672 000	17 452 000
Expenditure	40 022 000	28 165 000	21 946 000	19 256 000
Operating Profit	−1 275 000	3 403 000	2 727 000	−1 804 000
Financial Income	17 790 000	12 369 000	6 409 000	3 584 000
Financial Costs	269 000	531 000	2 003 000	1 661 000
Financial Balance	17 521 000	11 838 000	4 406 000	1 923 000
Earnings Before Tax	16 246 000	15 241 000	7 132 000	119 000
Tax	−149 000	797 000	616 000	−199 000
Net Income	16 395 000	14 444 000	6 516 000	318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 782 000	86 410 000	77 416 000	64 251 000
Total Current Assets	28 358 000	23 681 000	15 790 000	26 241 000
Total Assets	128 140 000	110 090 000	93 207 000	90 492 000
Total Retained Equity	44 752 000	28 358 000	13 914 000	7 398 000
Total Equity	121 639 000	105 244 000	90 800 000	84 284 000
Total Long-Term Debt	229 000	378 000	227 000	0
Total Current Debt	6 272 000	4 468 000	2 180 000	6 208 000
Total Equity and Debt	128 140 000	110 090 000	93 207 000	90 492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 747 000	31 568 000	24 672 000	17 452 000
Other Income	0	0	0	0
Revenue	38 747 000	31 568 000	24 672 000	17 452 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	928 000	928 000	990 000	0
Impairment	0	0	0	0
Expenditure	40 022 000	28 165 000	21 946 000	19 256 000
Operating Profit	−1 275 000	3 403 000	2 727 000	−1 804 000
Financial Income	17 790 000	12 369 000	6 409 000	3 584 000
Financial Costs	269 000	531 000	2 003 000	1 661 000
Financial Balance	17 521 000	11 838 000	4 406 000	1 923 000
Dividends	0	0	0	0
Net Income	16 395 000	14 444 000	6 516 000	318 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	7 254 000	8 182 000	9 110 000	0
Total Intangible Assets	7 254 000	8 182 000	9 110 000	199 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	92 528 000	78 227 000	68 306 000	64 052 000
Total Fixed Assets	99 782 000	86 410 000	77 416 000	64 251 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 520 000	18 676 000	11 888 000	23 580 000
Total Current Assets	28 358 000	23 681 000	15 790 000	26 241 000
Total Assets	128 140 000	110 090 000	93 207 000	90 492 000
Total Equity	121 639 000	105 244 000	90 800 000	84 284 000
Short-Term Group Debt	0	0	0	46 000
Total Long-Term Debt	229 000	378 000	227 000	0
Creditors	5 746 000	3 443 000	1 646 000	6 162 000
Unpaid Taxes	294 000	379 000	344 000	0
Dividends	0	0	0	0
Other Current Debt	232 000	0	0	0
Total Current Debt	6 272 000	4 468 000	2 180 000	6 208 000
Total Equity and Debt	128 140 000	110 090 000	93 207 000	90 492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,48 %	13,72 %	7,18 %	0,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,29 %	10,78 %	11,05 %	−10,34 %
Current Ratio	4,52	5,3	7,24	4,23
Quick Ratio	4,52	5,3	7,24	4,23
Equity Ratio	0,95	0,96	0,97	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %