IVAR A. JØRGENSEN AS

1351 RUD

Finances

Return on Equity

17,9 %

Current Ratio

2,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 696 000	2 560 000	2 577 000	3 934 000
Net Income	3 943 000	3 196 000	2 264 000	3 755 000
Total Assets	31 462 000	22 339 000	23 594 000	20 419 000
Total Equity	22 030 000	18 087 000	20 891 000	19 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 696 000	2 560 000	2 577 000	3 934 000
Expenditure	423 000	262 000	277 000	406 000
Operating Profit	4 273 000	2 298 000	2 300 000	3 529 000
Financial Income	628 000	1 440 000	487 000	1 057 000
Financial Costs	0	0	3 000	2 000
Financial Balance	628 000	1 440 000	484 000	1 055 000
Earnings Before Tax	4 901 000	3 738 000	2 785 000	4 584 000
Tax	957 000	543 000	520 000	828 000
Net Income	3 943 000	3 196 000	2 264 000	3 755 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 216 000	6 316 000	5 931 000	4 953 000
Total Current Assets	24 245 000	16 023 000	17 663 000	15 466 000
Total Assets	31 462 000	22 339 000	23 594 000	20 419 000
Total Retained Equity	20 770 000	16 826 000	19 630 000	17 978 000
Total Equity	22 030 000	18 087 000	20 891 000	19 139 000
Total Long-Term Debt	82 000	110 000	110 000	149 000
Total Current Debt	9 350 000	4 142 000	2 592 000	1 132 000
Total Equity and Debt	31 462 000	22 339 000	23 594 000	20 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 175 000	2 049 000	2 196 000	3 560 000
Other Income	521 000	511 000	381 000	374 000
Revenue	4 696 000	2 560 000	2 577 000	3 934 000
Cost of Goods Sold	0	58 000	44 000	131 000
Salary Costs	0	0	0	0
Depreciation	0	0	10 000	4 000
Impairment	0	0	0	0
Expenditure	423 000	262 000	277 000	406 000
Operating Profit	4 273 000	2 298 000	2 300 000	3 529 000
Financial Income	628 000	1 440 000	487 000	1 057 000
Financial Costs	0	0	3 000	2 000
Financial Balance	628 000	1 440 000	484 000	1 055 000
Dividends	0	0	0	0
Net Income	3 943 000	3 196 000	2 264 000	3 755 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 770 000	4 870 000	4 870 000	4 870 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 770 000	4 870 000	4 870 000	4 870 000
Total Fiancial Fixed Assets	1 446 000	1 446 000	1 061 000	84 000
Total Fixed Assets	7 216 000	6 316 000	5 931 000	4 953 000
Stock	0	0	0	0
Total Investments	10 806 000	7 939 000	4 424 000	3 447 000
Cash, Bank	12 984 000	7 891 000	12 432 000	11 005 000
Total Current Assets	24 245 000	16 023 000	17 663 000	15 466 000
Total Assets	31 462 000	22 339 000	23 594 000	20 419 000
Total Equity	22 030 000	18 087 000	20 891 000	19 139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	82 000	110 000	110 000	149 000
Creditors	4 000	12 000	1 000	118 000
Unpaid Taxes	162 000	0	142 000	136 000
Dividends	0	0	0	0
Other Current Debt	8 198 000	1 087 000	1 881 000	0
Total Current Debt	9 350 000	4 142 000	2 592 000	1 132 000
Total Equity and Debt	31 462 000	22 339 000	23 594 000	20 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,9 %	17,67 %	10,84 %	19,62 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	90,99 %	89,77 %	89,25 %	89,71 %
Current Ratio	2,59	3,87	6,81	13,66
Quick Ratio	2,59	3,87	6,81	13,66
Equity Ratio	0,7	0,81	0,89	0,94
Gross Profit Margin	100 %	97,73 %	98,29 %	96,67 %