ISFJORD NORWAY AS

7300 ORKANGER

Finances

Return on Equity

−13,43 %

Current Ratio

1,12

Debt-to-Equity Ratio

3,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	861 061 000	738 516 000	537 569 000	444 976 000
Net Income	−8 106 000	41 058 000	3 041 000	−2 923 000
Total Assets	400 403 000	384 439 000	357 481 000	360 813 000
Total Equity	60 360 000	68 466 000	37 407 000	33 207 000

Income (NOK)	2022	2021	2020	2019
Revenue	861 061 000	738 516 000	537 569 000	444 976 000
Expenditure	869 309 000	730 817 000	537 344 000	457 991 000
Operating Profit	−5 874 000	−4 076 000	4 328 000	−13 015 000
Financial Income	2 379 000	48 414 000	4 175 000	12 177 000
Financial Costs	6 965 000	5 341 000	5 753 000	4 092 000
Financial Balance	−4 586 000	43 073 000	−1 578 000	8 085 000
Earnings Before Tax	−10 460 000	38 997 000	2 750 000	−4 930 000
Tax	−2 354 000	−2 061 000	−291 000	−2 007 000
Net Income	−8 106 000	41 058 000	3 041 000	−2 923 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 119 000	227 766 000	243 287 000	261 872 000
Total Current Assets	164 284 000	156 673 000	114 195 000	98 941 000
Total Assets	400 403 000	384 439 000	357 481 000	360 813 000
Total Retained Equity	39 682 000	47 788 000	16 729 000	12 529 000
Total Equity	60 360 000	68 466 000	37 407 000	33 207 000
Total Long-Term Debt	192 843 000	199 367 000	207 776 000	229 455 000
Total Current Debt	147 201 000	116 606 000	112 298 000	98 151 000
Total Equity and Debt	400 403 000	384 439 000	357 481 000	360 813 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	856 818 000	738 310 000	537 421 000	438 047 000
Other Income	4 243 000	206 000	148 000	6 929 000
Revenue	861 061 000	738 516 000	537 569 000	444 976 000
Cost of Goods Sold	683 633 000	561 263 000	385 465 000	338 531 000
Salary Costs	131 871 000	117 771 000	106 073 000	83 354 000
Depreciation	11 478 000	11 346 000	10 483 000	4 940 000
Impairment	0	0	0	0
Expenditure	869 309 000	730 817 000	537 344 000	457 991 000
Operating Profit	−5 874 000	−4 076 000	4 328 000	−13 015 000
Financial Income	2 379 000	48 414 000	4 175 000	12 177 000
Financial Costs	6 965 000	5 341 000	5 753 000	4 092 000
Financial Balance	−4 586 000	43 073 000	−1 578 000	8 085 000
Dividends	0	0	0	0
Net Income	−8 106 000	41 058 000	3 041 000	−2 923 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 918 000	35 164 000	34 702 000	32 025 000
Real Eastate	140 209 000	141 560 000	142 760 000	144 424 000
Machinery and Plant Facilities	53 819 000	49 770 000	50 382 000	57 849 000
Fixtures	543 000	808 000	943 000	0
Total Tangible Assets	194 571 000	192 138 000	194 085 000	202 273 000
Total Fiancial Fixed Assets	5 630 000	464 000	14 500 000	27 575 000
Total Fixed Assets	236 119 000	227 766 000	243 287 000	261 872 000
Stock	61 281 000	49 791 000	57 146 000	41 453 000
Total Investments	0	0	0	0
Cash, Bank	17 956 000	36 685 000	6 370 000	3 305 000
Total Current Assets	164 284 000	156 673 000	114 195 000	98 941 000
Total Assets	400 403 000	384 439 000	357 481 000	360 813 000
Total Equity	60 360 000	68 466 000	37 407 000	33 207 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	192 843 000	199 367 000	207 776 000	229 455 000
Creditors	76 144 000	61 233 000	47 884 000	48 298 000
Unpaid Taxes	4 500 000	5 323 000	5 327 000	4 282 000
Dividends	0	0	0	0
Other Current Debt	27 815 000	23 403 000	21 978 000	15 785 000
Total Current Debt	147 201 000	116 606 000	112 298 000	98 151 000
Total Equity and Debt	400 403 000	384 439 000	357 481 000	360 813 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,43 %	59,97 %	8,13 %	−8,8 %
Debt-to-Equity Ratio	3,19	2,91	5,55	6,91
Operating Profit Margin	−0,68 %	−0,55 %	0,81 %	−2,92 %
Current Ratio	1,12	1,34	1,02	1,01
Quick Ratio	1,91	2,34	2,07	1,75
Equity Ratio	0,15	0,18	0,1	0,09
Gross Profit Margin	20,61 %	24 %	28,29 %	23,92 %