IVAR SEIM AS

3231 SANDEFJORD

Finances

Share Ownership

Return on Equity

12,65 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 554 000	1 225 000	908 000	817 000
Net Income	775 000	579 000	340 000	315 000
Total Assets	6 381 000	7 952 000	9 964 000	9 992 000
Total Equity	6 125 000	7 550 000	6 971 000	6 631 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 554 000	1 225 000	908 000	817 000
Expenditure	568 000	437 000	469 000	415 000
Operating Profit	986 000	788 000	438 000	402 000
Financial Income	10 000	0	0	1 000
Financial Costs	2 000	46 000	76 000	87 000
Financial Balance	8 000	−46 000	−76 000	−86 000
Earnings Before Tax	994 000	742 000	363 000	315 000
Tax	219 000	163 000	22 000	0
Net Income	775 000	579 000	340 000	315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 972 000	7 932 000	9 932 000	9 932 000
Total Current Assets	408 000	20 000	33 000	60 000
Total Assets	6 381 000	7 952 000	9 964 000	9 992 000
Total Retained Equity	1 725 000	950 000	371 000	31 000
Total Equity	6 125 000	7 550 000	6 971 000	6 631 000
Total Long-Term Debt	0	100 000	2 800 000	3 200 000
Total Current Debt	255 000	302 000	193 000	161 000
Total Equity and Debt	6 381 000	7 952 000	9 964 000	9 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 554 000	1 225 000	908 000	817 000
Revenue	1 554 000	1 225 000	908 000	817 000
Cost of Goods Sold	0	0	0	0
Salary Costs	228 000	68 000	68 000	34 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	568 000	437 000	469 000	415 000
Operating Profit	986 000	788 000	438 000	402 000
Financial Income	10 000	0	0	1 000
Financial Costs	2 000	46 000	76 000	87 000
Financial Balance	8 000	−46 000	−76 000	−86 000
Dividends	0	0	0	0
Net Income	775 000	579 000	340 000	315 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 972 000	7 932 000	9 932 000	9 932 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 972 000	7 932 000	9 932 000	9 932 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 972 000	7 932 000	9 932 000	9 932 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	408 000	20 000	33 000	60 000
Total Current Assets	408 000	20 000	33 000	60 000
Total Assets	6 381 000	7 952 000	9 964 000	9 992 000
Total Equity	6 125 000	7 550 000	6 971 000	6 631 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	100 000	2 800 000	3 200 000
Creditors	19 000	12 000	37 000	3 000
Unpaid Taxes	0	0	0	4 000
Dividends	0	0	0	0
Other Current Debt	17 000	127 000	133 000	153 000
Total Current Debt	255 000	302 000	193 000	161 000
Total Equity and Debt	6 381 000	7 952 000	9 964 000	9 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,65 %	7,67 %	4,88 %	4,75 %
Debt-to-Equity Ratio	0	0,01	0,4	0,48
Operating Profit Margin	63,45 %	64,33 %	48,24 %	49,2 %
Current Ratio	1,6	0,07	0,17	0,37
Quick Ratio	1,6	0,07	0,17	0,37
Equity Ratio	0,96	0,95	0,7	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %