IPAX AS

4306 SANDNES

Finances

Return on Equity

19,09 %

Current Ratio

Debt-to-Equity Ratio

−0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−21 000	−18 000	−37 000	−19 000
Total Assets	90 000	84 000	79 000	92 000
Total Equity	−110 000	−89 000	−71 000	−34 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	15 000	13 000	13 000	15 000
Operating Profit	−15 000	−13 000	−13 000	−15 000
Financial Income	0	0	0	0
Financial Costs	12 000	10 000	29 000	10 000
Financial Balance	−12 000	−10 000	−29 000	−10 000
Earnings Before Tax	−27 000	−23 000	−42 000	−25 000
Tax	−6 000	−5 000	−5 000	−5 000
Net Income	−21 000	−18 000	−37 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	84 000	79 000	74 000
Total Current Assets	0	0	0	19 000
Total Assets	90 000	84 000	79 000	92 000
Total Retained Equity	−222 000	−201 000	−183 000	−146 000
Total Equity	−110 000	−89 000	−71 000	−34 000
Total Long-Term Debt	100 000	70 000	50 000	25 000
Total Current Debt	99 000	102 000	99 000	101 000
Total Equity and Debt	90 000	84 000	79 000	92 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	15 000	13 000	13 000	15 000
Operating Profit	−15 000	−13 000	−13 000	−15 000
Financial Income	0	0	0	0
Financial Costs	12 000	10 000	29 000	10 000
Financial Balance	−12 000	−10 000	−29 000	−10 000
Dividends	0	0	0	0
Net Income	−21 000	−18 000	−37 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	84 000	79 000	74 000
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	0	0	0	0
Total Fixed Assets	90 000	84 000	79 000	74 000
Stock	0	0	0	0
Total Investments	0	0	0	19 000
Cash, Bank	0	0	0	0
Total Current Assets	0	0	0	19 000
Total Assets	90 000	84 000	79 000	92 000
Total Equity	−110 000	−89 000	−71 000	−34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	70 000	50 000	25 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	99 000	102 000	100 000	101 000
Total Current Debt	99 000	102 000	99 000	101 000
Total Equity and Debt	90 000	84 000	79 000	92 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,09 %	20,22 %	52,11 %	55,88 %
Debt-to-Equity Ratio	−0,91	−0,79	−0,7	−0,74
Operating Profit Margin	-	-	-	-
Current Ratio	0	0	0	0,19
Quick Ratio	0	0	0	0,19
Equity Ratio	−1,22	−1,06	−0,9	−0,37
Gross Profit Margin	-	-	-	-