IRIS SERVICE AS

8030 BODØ

Finances

Share Ownership

Return on Equity

−3,92 %

Current Ratio

1,12

Debt-to-Equity Ratio

4,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	115 924 000	115 935 000	111 948 000	99 913 000
Net Income	−173 000	−157 000	186 000	221 000
Total Assets	45 339 000	58 856 000	66 797 000	47 463 000
Total Equity	4 415 000	4 588 000	4 899 000	4 713 000

Income (NOK)	2022	2021	2020	2019
Revenue	115 924 000	115 935 000	111 948 000	99 913 000
Expenditure	115 522 000	115 718 000	110 460 000	98 633 000
Operating Profit	401 000	217 000	1 488 000	1 280 000
Financial Income	53 000	2 000	23 000	34 000
Financial Costs	627 000	445 000	585 000	553 000
Financial Balance	−574 000	−443 000	−562 000	−519 000
Earnings Before Tax	−173 000	−225 000	926 000	761 000
Tax	0	−69 000	740 000	540 000
Net Income	−173 000	−157 000	186 000	221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 973 000	29 236 000	34 859 000	20 535 000
Total Current Assets	21 366 000	29 620 000	31 937 000	26 928 000
Total Assets	45 339 000	58 856 000	66 797 000	47 463 000
Total Retained Equity	2 868 000	3 041 000	3 352 000	3 166 000
Total Equity	4 415 000	4 588 000	4 899 000	4 713 000
Total Long-Term Debt	21 813 000	27 075 000	41 414 000	20 380 000
Total Current Debt	19 111 000	27 194 000	20 484 000	22 370 000
Total Equity and Debt	45 339 000	58 856 000	66 797 000	47 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 924 000	115 935 000	111 948 000	99 913 000
Other Income	0	0	0	0
Revenue	115 924 000	115 935 000	111 948 000	99 913 000
Cost of Goods Sold	42 134 000	43 288 000	39 837 000	34 864 000
Salary Costs	39 953 000	37 381 000	35 364 000	32 029 000
Depreciation	8 414 000	9 586 000	8 126 000	6 964 000
Impairment	0	0	500 000	500 000
Expenditure	115 522 000	115 718 000	110 460 000	98 633 000
Operating Profit	401 000	217 000	1 488 000	1 280 000
Financial Income	53 000	2 000	23 000	34 000
Financial Costs	627 000	445 000	585 000	553 000
Financial Balance	−574 000	−443 000	−562 000	−519 000
Dividends	0	0	0	0
Net Income	−173 000	−157 000	186 000	221 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	98 000	21 000	33 000	45 000
Machinery and Plant Facilities	23 203 000	28 544 000	34 155 000	19 818 000
Fixtures	0	0	0	0
Total Tangible Assets	23 301 000	28 564 000	34 188 000	19 863 000
Total Fiancial Fixed Assets	672 000	672 000	672 000	672 000
Total Fixed Assets	23 973 000	29 236 000	34 859 000	20 535 000
Stock	1 746 000	1 099 000	827 000	964 000
Total Investments	0	0	0	0
Cash, Bank	5 584 000	8 562 000	14 015 000	6 904 000
Total Current Assets	21 366 000	29 620 000	31 937 000	26 928 000
Total Assets	45 339 000	58 856 000	66 797 000	47 463 000
Total Equity	4 415 000	4 588 000	4 899 000	4 713 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 813 000	27 075 000	41 414 000	20 380 000
Creditors	11 153 000	14 353 000	10 842 000	12 512 000
Unpaid Taxes	2 691 000	4 135 000	4 180 000	4 564 000
Dividends	0	0	0	0
Other Current Debt	5 267 000	8 706 000	4 730 000	4 767 000
Total Current Debt	19 111 000	27 194 000	20 484 000	22 370 000
Total Equity and Debt	45 339 000	58 856 000	66 797 000	47 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,92 %	−3,42 %	3,8 %	4,69 %
Debt-to-Equity Ratio	4,94	5,9	8,45	4,32
Operating Profit Margin	0,35 %	0,19 %	1,33 %	1,28 %
Current Ratio	1,12	1,09	1,56	1,2
Quick Ratio	1,23	1,14	1,62	1,26
Equity Ratio	0,1	0,08	0,07	0,1
Gross Profit Margin	63,65 %	62,66 %	64,41 %	65,11 %