IRGENS ENGINEERING AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

292,09 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 935 000	2 730 000	3 498 000	1 385 000
Net Income	517 000	1 119 000	1 666 000	364 000
Total Assets	395 000	779 000	3 000 000	1 005 000
Total Equity	177 000	177 000	1 831 000	527 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 935 000	2 730 000	3 498 000	1 385 000
Expenditure	1 269 000	1 296 000	1 339 000	923 000
Operating Profit	666 000	1 434 000	2 159 000	462 000
Financial Income	1 000	1 000	2 000	6 000
Financial Costs	3 000	1 000	25 000	2 000
Financial Balance	−2 000	0	−23 000	4 000
Earnings Before Tax	663 000	1 435 000	2 136 000	467 000
Tax	146 000	316 000	470 000	102 000
Net Income	517 000	1 119 000	1 666 000	364 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	395 000	779 000	3 000 000	1 005 000
Total Assets	395 000	779 000	3 000 000	1 005 000
Total Retained Equity	0	0	1 666 000	362 000
Total Equity	177 000	177 000	1 831 000	527 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	218 000	602 000	1 169 000	477 000
Total Equity and Debt	395 000	779 000	3 000 000	1 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 935 000	2 730 000	3 498 000	1 385 000
Other Income	0	0	0	0
Revenue	1 935 000	2 730 000	3 498 000	1 385 000
Cost of Goods Sold	0	0	0	0
Salary Costs	748 000	554 000	457 000	546 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 269 000	1 296 000	1 339 000	923 000
Operating Profit	666 000	1 434 000	2 159 000	462 000
Financial Income	1 000	1 000	2 000	6 000
Financial Costs	3 000	1 000	25 000	2 000
Financial Balance	−2 000	0	−23 000	4 000
Dividends	517 000	1 119 000	1 666 000	364 000
Net Income	517 000	1 119 000	1 666 000	364 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	199 000	450 000	1 781 000	387 000
Total Current Assets	395 000	779 000	3 000 000	1 005 000
Total Assets	395 000	779 000	3 000 000	1 005 000
Total Equity	177 000	177 000	1 831 000	527 000
Short-Term Group Debt	−514 000	−885 000	568 000	272 000
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	13 000	13 000
Unpaid Taxes	7 000	6 000	33 000	33 000
Dividends	517 000	1 119 000	1 666 000	364 000
Other Current Debt	61 000	46 000	85 000	58 000
Total Current Debt	218 000	602 000	1 169 000	477 000
Total Equity and Debt	395 000	779 000	3 000 000	1 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	292,09 %	632,2 %	90,99 %	69,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,42 %	52,53 %	61,72 %	33,36 %
Current Ratio	1,81	1,29	2,57	2,11
Quick Ratio	1,81	1,29	2,57	2,11
Equity Ratio	0,45	0,23	0,61	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %