IP NORWAY AS

3340 ÅMOT

Finances

Share Ownership

Return on Equity

19,18 %

Current Ratio

2,3

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	240 000	240 000	240 000
Net Income	108 000	85 000	113 000	−163 000
Total Assets	1 352 000	1 376 000	1 631 000	1 461 000
Total Equity	563 000	455 000	1 571 000	1 458 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	240 000	240 000	240 000
Expenditure	92 000	133 000	97 000	450 000
Operating Profit	148 000	107 000	143 000	−210 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	12 000	0	0	0
Financial Balance	−11 000	1 000	2 000	2 000
Earnings Before Tax	138 000	109 000	145 000	−209 000
Tax	30 000	24 000	32 000	−46 000
Net Income	108 000	85 000	113 000	−163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 032 000	1 079 000	1 131 000	1 215 000
Total Current Assets	320 000	297 000	501 000	246 000
Total Assets	1 352 000	1 376 000	1 631 000	1 461 000
Total Retained Equity	263 000	155 000	71 000	−42 000
Total Equity	563 000	455 000	1 571 000	1 458 000
Total Long-Term Debt	650 000	800 000	0	0
Total Current Debt	139 000	120 000	61 000	3 000
Total Equity and Debt	1 352 000	1 376 000	1 631 000	1 461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	240 000	240 000	240 000	240 000
Revenue	240 000	240 000	240 000	240 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	53 000	53 000	53 000	46 000
Impairment	0	0	0	0
Expenditure	92 000	133 000	97 000	450 000
Operating Profit	148 000	107 000	143 000	−210 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	12 000	0	0	0
Financial Balance	−11 000	1 000	2 000	2 000
Dividends	0	0	0	0
Net Income	108 000	85 000	113 000	−163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	25 000	24 000	56 000
Real Eastate	1 001 000	1 053 000	1 106 000	1 159 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 001 000	1 053 000	1 106 000	1 159 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 032 000	1 079 000	1 131 000	1 215 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	295 000	272 000	476 000	197 000
Total Current Assets	320 000	297 000	501 000	246 000
Total Assets	1 352 000	1 376 000	1 631 000	1 461 000
Total Equity	563 000	455 000	1 571 000	1 458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	650 000	800 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	53 000	46 000	55 000	0
Dividends	0	0	0	0
Other Current Debt	49 000	49 000	6 000	3 000
Total Current Debt	139 000	120 000	61 000	3 000
Total Equity and Debt	1 352 000	1 376 000	1 631 000	1 461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,18 %	18,68 %	7,19 %	−11,18 %
Debt-to-Equity Ratio	1,15	1,76	0	0
Operating Profit Margin	61,67 %	44,58 %	59,58 %	−87,5 %
Current Ratio	2,3	2,48	8,21	82
Quick Ratio	2,3	2,48	8,21	82
Equity Ratio	0,42	0,33	0,96	1
Gross Profit Margin	100 %	100 %	100 %	100 %