IVAHAVET BURETTSLAG

6800 FØRDE

Finances

Share Ownership

Return on Equity

7,72 %

Current Ratio

22,64

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 375 000	1 305 000	1 305 000	1 243 000
Net Income	752 000	662 000	725 000	526 000
Total Assets	17 455 000	17 401 000	17 434 000	17 381 000
Total Equity	9 743 000	8 991 000	8 328 000	7 604 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 375 000	1 305 000	1 305 000	1 243 000
Expenditure	604 000	619 000	524 000	636 000
Operating Profit	771 000	685 000	781 000	608 000
Financial Income	8 000	1 000	1 000	5 000
Financial Costs	27 000	24 000	58 000	87 000
Financial Balance	−19 000	−23 000	−57 000	−82 000
Earnings Before Tax	752 000	662 000	781 000	608 000
Tax	0	0	0	0
Net Income	752 000	662 000	725 000	526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 206 000	17 210 000	17 220 000	17 233 000
Total Current Assets	249 000	191 000	214 000	148 000
Total Assets	17 455 000	17 401 000	17 434 000	17 381 000
Total Retained Equity	9 741 000	8 989 000	8 327 000	7 602 000
Total Equity	9 743 000	8 991 000	8 328 000	7 604 000
Total Long-Term Debt	7 701 000	8 393 000	9 085 000	9 760 000
Total Current Debt	11 000	17 000	20 000	17 000
Total Equity and Debt	17 455 000	17 401 000	17 434 000	17 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 375 000	1 305 000	0	0
Other Income	0	0	1 305 000	1 243 000
Revenue	1 375 000	1 305 000	1 305 000	1 243 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−9 000	4 000	12 000	8 000
Depreciation	4 000	10 000	13 000	9 000
Impairment	0	0	0	0
Expenditure	604 000	619 000	524 000	636 000
Operating Profit	771 000	685 000	781 000	608 000
Financial Income	8 000	1 000	1 000	5 000
Financial Costs	27 000	24 000	58 000	87 000
Financial Balance	−19 000	−23 000	−57 000	−82 000
Dividends	0	0	0	0
Net Income	752 000	662 000	725 000	526 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 206 000	17 206 000	17 206 000	17 206 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	14 000	27 000
Total Tangible Assets	17 206 000	17 210 000	17 220 000	17 233 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 206 000	17 210 000	17 220 000	17 233 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	182 000	135 000	207 000	94 000
Total Current Assets	249 000	191 000	214 000	148 000
Total Assets	17 455 000	17 401 000	17 434 000	17 381 000
Total Equity	9 743 000	8 991 000	8 328 000	7 604 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 701 000	8 393 000	9 085 000	9 760 000
Creditors	3 000	7 000	6 000	0
Unpaid Taxes	0	1 000	1 000	3 000
Dividends	0	0	0	0
Other Current Debt	8 000	10 000	13 000	14 000
Total Current Debt	11 000	17 000	20 000	17 000
Total Equity and Debt	17 455 000	17 401 000	17 434 000	17 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,72 %	7,36 %	8,71 %	6,92 %
Debt-to-Equity Ratio	0,79	0,93	1,09	1,28
Operating Profit Margin	56,07 %	52,49 %	59,85 %	48,91 %
Current Ratio	22,64	11,24	10,7	8,71
Quick Ratio	22,64	11,24	10,7	8,71
Equity Ratio	0,56	0,52	0,48	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %