ICODE AS

5008 BERGEN

Finances

Return on Equity

179,67 %

Current Ratio

6,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	461 000	0	4 650 000	4 650 000
Net Income	5 286 000	3 703 000	1 663 000	1 055 000
Total Assets	3 115 000	2 927 000	6 187 000	4 567 000
Total Equity	2 942 000	1 912 000	3 209 000	1 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	461 000	0	4 650 000	4 650 000
Expenditure	27 000	8 000	2 885 000	3 744 000
Operating Profit	434 000	−8 000	1 765 000	906 000
Financial Income	5 892 000	3 711 000	367 000	359 000
Financial Costs	948 000	0	0	11 000
Financial Balance	4 944 000	3 711 000	367 000	348 000
Earnings Before Tax	5 378 000	3 703 000	2 132 000	1 254 000
Tax	92 000	0	469 000	199 000
Net Income	5 286 000	3 703 000	1 663 000	1 055 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 009 000	1 970 000	1 041 000	878 000
Total Current Assets	1 106 000	958 000	5 146 000	3 689 000
Total Assets	3 115 000	2 927 000	6 187 000	4 567 000
Total Retained Equity	2 832 000	1 812 000	3 109 000	1 446 000
Total Equity	2 942 000	1 912 000	3 209 000	1 546 000
Total Long-Term Debt	0	0	1 100 000	500 000
Total Current Debt	173 000	1 016 000	1 878 000	2 521 000
Total Equity and Debt	3 115 000	2 927 000	6 187 000	4 567 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	461 000	0	4 650 000	4 650 000
Other Income	0	0	0	0
Revenue	461 000	0	4 650 000	4 650 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	8 000	2 885 000	3 744 000
Operating Profit	434 000	−8 000	1 765 000	906 000
Financial Income	5 892 000	3 711 000	367 000	359 000
Financial Costs	948 000	0	0	11 000
Financial Balance	4 944 000	3 711 000	367 000	348 000
Dividends	4 500 000	5 000 000	0	0
Net Income	5 286 000	3 703 000	1 663 000	1 055 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 009 000	1 970 000	1 041 000	878 000
Total Fixed Assets	2 009 000	1 970 000	1 041 000	878 000
Stock	0	0	0	0
Total Investments	100 000	0	0	0
Cash, Bank	52 000	942 000	5 130 000	3 673 000
Total Current Assets	1 106 000	958 000	5 146 000	3 689 000
Total Assets	3 115 000	2 927 000	6 187 000	4 567 000
Total Equity	2 942 000	1 912 000	3 209 000	1 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 100 000	500 000
Creditors	0	−1 000	1 228 000	2 209 000
Unpaid Taxes	29 000	−2 000	0	112 000
Dividends	4 500 000	5 000 000	0	0
Other Current Debt	0	10 000	0	0
Total Current Debt	173 000	1 016 000	1 878 000	2 521 000
Total Equity and Debt	3 115 000	2 927 000	6 187 000	4 567 000

Financial indicators	2022	2021	2020	2019
Return on Equity	179,67 %	193,67 %	51,82 %	68,24 %
Debt-to-Equity Ratio	0	0	0,34	0,32
Operating Profit Margin	94,14 %	-	37,96 %	19,48 %
Current Ratio	6,39	0,94	2,74	1,46
Quick Ratio	6,39	0,94	2,74	1,46
Equity Ratio	0,94	0,65	0,52	0,34
Gross Profit Margin	100 %	-	100 %	100 %