IRONTECH AS

1475 FINSTADJORDET

Finances

Return on Equity

16,06 %

Current Ratio

0,42

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 000	166 000	156 000	452 000
Net Income	−62 000	35 000	−11 000	170 000
Total Assets	339 000	364 000	314 000	302 000
Total Equity	−386 000	−325 000	−360 000	−350 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 000	166 000	156 000	452 000
Expenditure	283 000	120 000	189 000	234 000
Operating Profit	−76 000	45 000	−34 000	219 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	3 000	1 000
Financial Balance	−3 000	0	−3 000	−1 000
Earnings Before Tax	−79 000	45 000	−37 000	218 000
Tax	−17 000	10 000	−27 000	48 000
Net Income	−62 000	35 000	−11 000	170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	15 000	23 000	0
Total Current Assets	307 000	349 000	291 000	302 000
Total Assets	339 000	364 000	314 000	302 000
Total Retained Equity	−486 000	−425 000	−460 000	−450 000
Total Equity	−386 000	−325 000	−360 000	−350 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	726 000	689 000	674 000	652 000
Total Equity and Debt	339 000	364 000	314 000	302 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	208 000	166 000	156 000	452 000
Other Income	0	0	0	0
Revenue	208 000	166 000	156 000	452 000
Cost of Goods Sold	241 000	94 000	97 000	157 000
Salary Costs	0	0	38 000	38 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	283 000	120 000	189 000	234 000
Operating Profit	−76 000	45 000	−34 000	219 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	3 000	1 000
Financial Balance	−3 000	0	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−62 000	35 000	−11 000	170 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	8 000	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	15 000	15 000	15 000	0
Total Fixed Assets	32 000	15 000	23 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	119 000	148 000	275 000	295 000
Total Current Assets	307 000	349 000	291 000	302 000
Total Assets	339 000	364 000	314 000	302 000
Total Equity	−386 000	−325 000	−360 000	−350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	−30 000	1 000	10 000
Unpaid Taxes	49 000	45 000	24 000	6 000
Dividends	0	0	0	0
Other Current Debt	691 000	690 000	669 000	617 000
Total Current Debt	726 000	689 000	674 000	652 000
Total Equity and Debt	339 000	364 000	314 000	302 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,06 %	−10,77 %	3,06 %	−48,57 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−36,54 %	27,11 %	−21,79 %	48,45 %
Current Ratio	0,42	0,51	0,43	0,46
Quick Ratio	0,42	0,51	0,43	0,46
Equity Ratio	−1,14	−0,89	−1,15	−1,16
Gross Profit Margin	−15,87 %	43,37 %	37,82 %	65,27 %