I3 ELEMENT AS

2973 RYFOSS

Finances

Share Ownership

Return on Equity

209,46 %

Current Ratio

0,86

Debt-to-Equity Ratio

−31,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 427 000	25 758 000	18 374 000	12 405 000
Net Income	−930 000	−967 000	−3 661 000	−2 206 000
Total Assets	20 235 000	24 645 000	22 671 000	23 268 000
Total Equity	−444 000	486 000	1 453 000	5 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 427 000	25 758 000	18 374 000	12 405 000
Expenditure	31 814 000	26 159 000	21 589 000	14 331 000
Operating Profit	−388 000	−401 000	−3 215 000	−1 926 000
Financial Income	14 000	2 000	29 000	6 000
Financial Costs	557 000	568 000	475 000	654 000
Financial Balance	−543 000	−566 000	−446 000	−648 000
Earnings Before Tax	−930 000	−967 000	−3 661 000	−2 574 000
Tax	0	0	0	−368 000
Net Income	−930 000	−967 000	−3 661 000	−2 206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 606 000	15 616 000	18 139 000	18 468 000
Total Current Assets	5 629 000	9 029 000	4 532 000	4 800 000
Total Assets	20 235 000	24 645 000	22 671 000	23 268 000
Total Retained Equity	−3 644 000	−2 714 000	−1 747 000	0
Total Equity	−444 000	486 000	1 453 000	5 114 000
Total Long-Term Debt	14 146 000	16 731 000	15 592 000	11 934 000
Total Current Debt	6 533 000	7 428 000	5 626 000	6 220 000
Total Equity and Debt	20 235 000	24 645 000	22 671 000	23 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 307 000	25 433 000	18 254 000	12 474 000
Other Income	120 000	325 000	120 000	−69 000
Revenue	31 427 000	25 758 000	18 374 000	12 405 000
Cost of Goods Sold	20 230 000	15 961 000	13 115 000	7 811 000
Salary Costs	7 803 000	6 473 000	5 608 000	3 436 000
Depreciation	1 569 000	1 484 000	1 527 000	1 166 000
Impairment	0	0	0	0
Expenditure	31 814 000	26 159 000	21 589 000	14 331 000
Operating Profit	−388 000	−401 000	−3 215 000	−1 926 000
Financial Income	14 000	2 000	29 000	6 000
Financial Costs	557 000	568 000	475 000	654 000
Financial Balance	−543 000	−566 000	−446 000	−648 000
Dividends	0	0	0	0
Net Income	−930 000	−967 000	−3 661 000	−2 206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 899 000	11 468 000	11 451 000	12 637 000
Machinery and Plant Facilities	488 000	488 000	488 000	488 000
Fixtures	3 219 000	3 631 000	6 118 000	5 247 000
Total Tangible Assets	14 606 000	15 588 000	18 057 000	18 372 000
Total Fiancial Fixed Assets	0	28 000	82 000	96 000
Total Fixed Assets	14 606 000	15 616 000	18 139 000	18 468 000
Stock	2 107 000	2 416 000	1 722 000	890 000
Total Investments	0	0	0	0
Cash, Bank	2 136 000	2 398 000	1 001 000	640 000
Total Current Assets	5 629 000	9 029 000	4 532 000	4 800 000
Total Assets	20 235 000	24 645 000	22 671 000	23 268 000
Total Equity	−444 000	486 000	1 453 000	5 114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 146 000	16 731 000	15 592 000	11 934 000
Creditors	2 791 000	5 521 000	3 578 000	4 512 000
Unpaid Taxes	1 760 000	845 000	739 000	310 000
Dividends	0	0	0	0
Other Current Debt	1 983 000	1 063 000	1 309 000	1 398 000
Total Current Debt	6 533 000	7 428 000	5 626 000	6 220 000
Total Equity and Debt	20 235 000	24 645 000	22 671 000	23 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	209,46 %	−198,97 %	−251,96 %	−43,14 %
Debt-to-Equity Ratio	−31,86	34,43	10,73	2,33
Operating Profit Margin	−1,23 %	−1,56 %	−17,5 %	−15,53 %
Current Ratio	0,86	1,22	0,81	0,77
Quick Ratio	1,27	1,8	1,16	0,9
Equity Ratio	−0,02	0,02	0,06	0,22
Gross Profit Margin	35,63 %	38,03 %	28,62 %	37,03 %