IVARS INTERIØR & VVS AS

8250 ROGNAN

Finances

Share Ownership

Return on Equity

14,42 %

Current Ratio

7,45

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 182 000	9 202 000	7 896 000	7 505 000
Net Income	523 000	357 000	264 000	198 000
Total Assets	4 907 000	4 607 000	4 664 000	4 047 000
Total Equity	3 628 000	3 105 000	2 748 000	2 485 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 182 000	9 202 000	7 896 000	7 505 000
Expenditure	7 457 000	8 671 000	7 477 000	7 165 000
Operating Profit	725 000	531 000	419 000	340 000
Financial Income	1 000	0	0	8 000
Financial Costs	55 000	73 000	80 000	94 000
Financial Balance	−54 000	−73 000	−80 000	−86 000
Earnings Before Tax	671 000	458 000	339 000	254 000
Tax	148 000	101 000	76 000	56 000
Net Income	523 000	357 000	264 000	198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	3 000	6 000
Total Current Assets	4 907 000	4 607 000	4 661 000	4 041 000
Total Assets	4 907 000	4 607 000	4 664 000	4 047 000
Total Retained Equity	2 628 000	2 105 000	1 748 000	1 485 000
Total Equity	3 628 000	3 105 000	2 748 000	2 485 000
Total Long-Term Debt	620 000	819 000	1 026 000	1 177 000
Total Current Debt	659 000	683 000	890 000	386 000
Total Equity and Debt	4 907 000	4 607 000	4 664 000	4 047 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 182 000	9 202 000	7 896 000	7 505 000
Other Income	0	0	0	0
Revenue	8 182 000	9 202 000	7 896 000	7 505 000
Cost of Goods Sold	5 483 000	6 735 000	5 680 000	5 304 000
Salary Costs	1 328 000	1 266 000	1 192 000	1 186 000
Depreciation	0	3 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	7 457 000	8 671 000	7 477 000	7 165 000
Operating Profit	725 000	531 000	419 000	340 000
Financial Income	1 000	0	0	8 000
Financial Costs	55 000	73 000	80 000	94 000
Financial Balance	−54 000	−73 000	−80 000	−86 000
Dividends	0	0	0	0
Net Income	523 000	357 000	264 000	198 000

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	3 000	6 000
Total Tangible Assets	0	0	3 000	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	3 000	6 000
Stock	3 981 000	3 625 000	3 153 000	3 109 000
Total Investments	0	0	0	0
Cash, Bank	639 000	826 000	776 000	867 000
Total Current Assets	4 907 000	4 607 000	4 661 000	4 041 000
Total Assets	4 907 000	4 607 000	4 664 000	4 047 000
Total Equity	3 628 000	3 105 000	2 748 000	2 485 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	620 000	819 000	1 026 000	1 177 000
Creditors	182 000	307 000	551 000	66 000
Unpaid Taxes	188 000	132 000	141 000	139 000
Dividends	0	0	0	0
Other Current Debt	142 000	136 000	121 000	122 000
Total Current Debt	659 000	683 000	890 000	386 000
Total Equity and Debt	4 907 000	4 607 000	4 664 000	4 047 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,42 %	11,5 %	9,61 %	7,97 %
Debt-to-Equity Ratio	0,17	0,26	0,37	0,47
Operating Profit Margin	8,86 %	5,77 %	5,31 %	4,53 %
Current Ratio	7,45	6,75	5,24	10,47
Quick Ratio	−1,48	−1,57	−2,06	−1,48
Equity Ratio	0,74	0,67	0,59	0,61
Gross Profit Margin	32,99 %	26,81 %	28,06 %	29,33 %