I. H. SERVICE AS

2055 NORDKISA

Finances

Share Ownership

Return on Equity

16,5 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 727 000	6 642 000	9 045 000	7 224 000
Net Income	236 000	345 000	1 640 000	−897 000
Total Assets	2 704 000	2 531 000	1 939 000	1 630 000
Total Equity	1 430 000	1 194 000	1 149 000	−341 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 727 000	6 642 000	9 045 000	7 224 000
Expenditure	6 460 000	6 225 000	7 135 000	8 085 000
Operating Profit	268 000	418 000	1 911 000	−861 000
Financial Income	−2 000	4 000	5 000	7 000
Financial Costs	0	0	8 000	44 000
Financial Balance	−2 000	4 000	−3 000	−37 000
Earnings Before Tax	266 000	422 000	1 908 000	−897 000
Tax	30 000	76 000	268 000	0
Net Income	236 000	345 000	1 640 000	−897 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	113 000	141 000	606 000
Total Current Assets	2 613 000	2 418 000	1 798 000	1 024 000
Total Assets	2 704 000	2 531 000	1 939 000	1 630 000
Total Retained Equity	1 330 000	1 094 000	1 049 000	−441 000
Total Equity	1 430 000	1 194 000	1 149 000	−341 000
Total Long-Term Debt	0	0	0	598 000
Total Current Debt	1 274 000	1 337 000	790 000	1 372 000
Total Equity and Debt	2 704 000	2 531 000	1 939 000	1 630 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 721 000	6 642 000	8 935 000	7 122 000
Other Income	6 000	0	111 000	103 000
Revenue	6 727 000	6 642 000	9 045 000	7 224 000
Cost of Goods Sold	5 463 000	5 235 000	6 183 000	6 158 000
Salary Costs	500 000	536 000	537 000	1 371 000
Depreciation	23 000	28 000	35 000	207 000
Impairment	0	0	0	0
Expenditure	6 460 000	6 225 000	7 135 000	8 085 000
Operating Profit	268 000	418 000	1 911 000	−861 000
Financial Income	−2 000	4 000	5 000	7 000
Financial Costs	0	0	8 000	44 000
Financial Balance	−2 000	4 000	−3 000	−37 000
Dividends	0	300 000	150 000	0
Net Income	236 000	345 000	1 640 000	−897 000

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	60 000	75 000	93 000	94 000
Fixtures	31 000	38 000	48 000	512 000
Total Tangible Assets	90 000	113 000	141 000	606 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	90 000	113 000	141 000	606 000
Stock	2 544 000	2 223 000	1 619 000	535 000
Total Investments	0	18 000	0	0
Cash, Bank	43 000	111 000	85 000	309 000
Total Current Assets	2 613 000	2 418 000	1 798 000	1 024 000
Total Assets	2 704 000	2 531 000	1 939 000	1 630 000
Total Equity	1 430 000	1 194 000	1 149 000	−341 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	598 000
Creditors	339 000	68 000	19 000	709 000
Unpaid Taxes	74 000	72 000	69 000	411 000
Dividends	0	300 000	150 000	0
Other Current Debt	831 000	820 000	283 000	253 000
Total Current Debt	1 274 000	1 337 000	790 000	1 372 000
Total Equity and Debt	2 704 000	2 531 000	1 939 000	1 630 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,5 %	28,89 %	142,73 %	263,05 %
Debt-to-Equity Ratio	0	0	0	−1,75
Operating Profit Margin	3,98 %	6,29 %	21,13 %	−11,92 %
Current Ratio	2,05	1,81	2,28	0,75
Quick Ratio	−2,06	−2,73	−2,17	1,22
Equity Ratio	0,53	0,47	0,59	−0,21
Gross Profit Margin	18,79 %	21,18 %	31,64 %	14,76 %