IKM OCEAN DESIGN AS

4313 SANDNES

Finances

Return on Equity

33,38 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 838 000	113 375 000	98 968 000	106 876 000
Net Income	9 170 000	7 314 000	5 388 000	4 355 000
Total Assets	68 924 000	58 605 000	45 661 000	40 507 000
Total Equity	27 468 000	33 298 000	25 984 000	20 596 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 838 000	113 375 000	98 968 000	106 876 000
Expenditure	116 662 000	104 248 000	92 439 000	101 666 000
Operating Profit	10 176 000	9 126 000	6 528 000	5 209 000
Financial Income	691 000	63 000	158 000	129 000
Financial Costs	−596 000	41 000	0	26 000
Financial Balance	1 287 000	22 000	158 000	103 000
Earnings Before Tax	11 463 000	9 149 000	6 686 000	5 312 000
Tax	2 292 000	1 835 000	1 298 000	957 000
Net Income	9 170 000	7 314 000	5 388 000	4 355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 448 000	1 774 000	2 949 000	6 335 000
Total Current Assets	66 476 000	56 830 000	42 713 000	34 172 000
Total Assets	68 924 000	58 605 000	45 661 000	40 507 000
Total Retained Equity	24 968 000	30 798 000	23 484 000	18 096 000
Total Equity	27 468 000	33 298 000	25 984 000	20 596 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	41 456 000	25 306 000	19 678 000	19 912 000
Total Equity and Debt	68 924 000	58 605 000	45 661 000	40 507 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	126 838 000	113 533 000	98 797 000	106 876 000
Other Income	0	−158 000	171 000	0
Revenue	126 838 000	113 375 000	98 968 000	106 876 000
Cost of Goods Sold	31 033 000	26 107 000	20 542 000	28 442 000
Salary Costs	71 119 000	63 769 000	58 978 000	59 252 000
Depreciation	800 000	2 495 000	2 442 000	2 462 000
Impairment	0	0	0	0
Expenditure	116 662 000	104 248 000	92 439 000	101 666 000
Operating Profit	10 176 000	9 126 000	6 528 000	5 209 000
Financial Income	691 000	63 000	158 000	129 000
Financial Costs	−596 000	41 000	0	26 000
Financial Balance	1 287 000	22 000	158 000	103 000
Dividends	15 000 000	0	0	0
Net Income	9 170 000	7 314 000	5 388 000	4 355 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	702 000	906 000	2 617 000	5 887 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 546 000	868 000	332 000	449 000
Total Tangible Assets	1 546 000	868 000	332 000	449 000
Total Fiancial Fixed Assets	200 000	0	0	0
Total Fixed Assets	2 448 000	1 774 000	2 949 000	6 335 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	66 476 000	56 830 000	42 713 000	34 172 000
Total Assets	68 924 000	58 605 000	45 661 000	40 507 000
Total Equity	27 468 000	33 298 000	25 984 000	20 596 000
Short-Term Group Debt	427 000	4 035 000	1 417 000	1 166 000
Total Long-Term Debt	0	0	0	0
Creditors	1 867 000	2 942 000	1 724 000	2 712 000
Unpaid Taxes	5 449 000	4 615 000	6 144 000	5 310 000
Dividends	15 000 000	0	0	0
Other Current Debt	16 419 000	12 022 000	10 163 000	10 725 000
Total Current Debt	41 456 000	25 306 000	19 678 000	19 912 000
Total Equity and Debt	68 924 000	58 605 000	45 661 000	40 507 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,38 %	21,97 %	20,74 %	21,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,02 %	8,05 %	6,6 %	4,87 %
Current Ratio	1,6	2,25	2,17	1,72
Quick Ratio	1,6	2,25	2,17	1,72
Equity Ratio	0,4	0,57	0,57	0,51
Gross Profit Margin	75,53 %	76,97 %	79,24 %	73,39 %