IROC AS

1614 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

22,74 %

Current Ratio

7,1

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	691 000	455 000	494 000	718 000
Net Income	219 000	38 000	146 000	5 000
Total Assets	1 180 000	885 000	881 000	1 009 000
Total Equity	963 000	744 000	706 000	560 000

Income (NOK)	2022	2021	2020	2019
Revenue	691 000	455 000	494 000	718 000
Expenditure	397 000	383 000	338 000	688 000
Operating Profit	294 000	72 000	156 000	30 000
Financial Income	4 000	1 000	32 000	0
Financial Costs	17 000	24 000	1 000	9 000
Financial Balance	−13 000	−23 000	31 000	−9 000
Earnings Before Tax	281 000	49 000	187 000	21 000
Tax	62 000	11 000	41 000	16 000
Net Income	219 000	38 000	146 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	417 000	439 000	407 000
Total Current Assets	774 000	468 000	442 000	601 000
Total Assets	1 180 000	885 000	881 000	1 009 000
Total Retained Equity	863 000	644 000	606 000	460 000
Total Equity	963 000	744 000	706 000	560 000
Total Long-Term Debt	108 000	110 000	115 000	208 000
Total Current Debt	109 000	30 000	60 000	240 000
Total Equity and Debt	1 180 000	885 000	881 000	1 009 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	691 000	455 000	461 000	633 000
Other Income	0	0	33 000	85 000
Revenue	691 000	455 000	494 000	718 000
Cost of Goods Sold	294 000	272 000	178 000	372 000
Salary Costs	0	0	0	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	397 000	383 000	338 000	688 000
Operating Profit	294 000	72 000	156 000	30 000
Financial Income	4 000	1 000	32 000	0
Financial Costs	17 000	24 000	1 000	9 000
Financial Balance	−13 000	−23 000	31 000	−9 000
Dividends	0	0	0	0
Net Income	219 000	38 000	146 000	5 000

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	405 000	417 000	439 000	407 000
Total Fixed Assets	405 000	417 000	439 000	407 000
Stock	49 000	92 000	86 000	157 000
Total Investments	0	0	0	0
Cash, Bank	624 000	373 000	303 000	260 000
Total Current Assets	774 000	468 000	442 000	601 000
Total Assets	1 180 000	885 000	881 000	1 009 000
Total Equity	963 000	744 000	706 000	560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	108 000	110 000	115 000	208 000
Creditors	13 000	12 000	18 000	105 000
Unpaid Taxes	32 000	2 000	5 000	25 000
Dividends	0	0	0	0
Other Current Debt	0	0	2 000	101 000
Total Current Debt	109 000	30 000	60 000	240 000
Total Equity and Debt	1 180 000	885 000	881 000	1 009 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,74 %	5,11 %	20,68 %	0,89 %
Debt-to-Equity Ratio	0,11	0,15	0,16	0,37
Operating Profit Margin	42,55 %	15,82 %	31,58 %	4,18 %
Current Ratio	7,1	15,6	7,37	2,5
Quick Ratio	12,9	−7,55	−17	7,24
Equity Ratio	0,82	0,84	0,8	0,56
Gross Profit Margin	57,45 %	40,22 %	63,97 %	48,19 %