ISFRITT AS

1712 GRÅLUM

Finances

Return on Equity

−45,88 %

Current Ratio

4,2

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 903 000	6 276 000	5 014 000	6 733 000
Net Income	−901 000	−770 000	−105 000	−107 000
Total Assets	4 762 000	6 300 000	4 959 000	6 038 000
Total Equity	1 964 000	2 864 000	3 634 000	3 739 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 903 000	6 276 000	5 014 000	6 733 000
Expenditure	6 001 000	7 263 000	5 140 000	6 854 000
Operating Profit	−1 097 000	−988 000	−126 000	−121 000
Financial Income	16 000	63 000	1 000	1 000
Financial Costs	73 000	62 000	9 000	17 000
Financial Balance	−57 000	1 000	−8 000	−16 000
Earnings Before Tax	−1 155 000	−987 000	−135 000	−137 000
Tax	−254 000	−217 000	−30 000	−30 000
Net Income	−901 000	−770 000	−105 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 374 000	1 082 000	834 000	826 000
Total Current Assets	3 388 000	5 219 000	4 125 000	5 212 000
Total Assets	4 762 000	6 300 000	4 959 000	6 038 000
Total Retained Equity	−5 376 000	−4 476 000	−3 706 000	−3 601 000
Total Equity	1 964 000	2 864 000	3 634 000	3 739 000
Total Long-Term Debt	1 992 000	1 992 000	552 000	537 000
Total Current Debt	806 000	1 444 000	773 000	1 763 000
Total Equity and Debt	4 762 000	6 300 000	4 959 000	6 038 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 903 000	6 276 000	4 958 000	6 733 000
Other Income	0	0	55 000	0
Revenue	4 903 000	6 276 000	5 014 000	6 733 000
Cost of Goods Sold	2 253 000	3 195 000	2 207 000	3 172 000
Salary Costs	1 735 000	2 091 000	757 000	757 000
Depreciation	25 000	17 000	21 000	42 000
Impairment	0	0	0	0
Expenditure	6 001 000	7 263 000	5 140 000	6 854 000
Operating Profit	−1 097 000	−988 000	−126 000	−121 000
Financial Income	16 000	63 000	1 000	1 000
Financial Costs	73 000	62 000	9 000	17 000
Financial Balance	−57 000	1 000	−8 000	−16 000
Dividends	0	0	0	0
Net Income	−901 000	−770 000	−105 000	−107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 256 000	1 016 000	787 000	769 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	73 000	20 000	3 000	12 000
Total Tangible Assets	73 000	20 000	3 000	12 000
Total Fiancial Fixed Assets	45 000	45 000	45 000	45 000
Total Fixed Assets	1 374 000	1 082 000	834 000	826 000
Stock	2 890 000	4 205 000	1 310 000	3 032 000
Total Investments	0	0	0	0
Cash, Bank	143 000	447 000	480 000	904 000
Total Current Assets	3 388 000	5 219 000	4 125 000	5 212 000
Total Assets	4 762 000	6 300 000	4 959 000	6 038 000
Total Equity	1 964 000	2 864 000	3 634 000	3 739 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 992 000	1 992 000	552 000	537 000
Creditors	42 000	602 000	233 000	1 044 000
Unpaid Taxes	474 000	500 000	472 000	652 000
Dividends	0	0	0	0
Other Current Debt	289 000	342 000	68 000	67 000
Total Current Debt	806 000	1 444 000	773 000	1 763 000
Total Equity and Debt	4 762 000	6 300 000	4 959 000	6 038 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,88 %	−26,89 %	−2,89 %	−2,86 %
Debt-to-Equity Ratio	1,01	0,7	0,15	0,14
Operating Profit Margin	−22,37 %	−15,74 %	−2,51 %	−1,8 %
Current Ratio	4,2	3,61	5,34	2,96
Quick Ratio	−1,63	−1,89	−7,68	−4,11
Equity Ratio	0,41	0,45	0,73	0,62
Gross Profit Margin	54,05 %	49,09 %	55,98 %	52,89 %