INDEPENDENT FASHION GROUP AS

0277 OSLO

Finances

Share Ownership

Return on Equity

36,01 %

Current Ratio

2,54

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 881 000	37 870 000	32 091 000	30 586 000
Net Income	2 951 000	2 123 000	1 938 000	908 000
Total Assets	14 994 000	11 248 000	8 022 000	46 285 000
Total Equity	8 195 000	5 245 000	3 122 000	1 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 881 000	37 870 000	32 091 000	30 586 000
Expenditure	41 912 000	35 094 000	26 577 000	28 740 000
Operating Profit	3 969 000	2 777 000	5 513 000	1 845 000
Financial Income	30 000	67 000	830 000	166 000
Financial Costs	104 000	89 000	3 711 000	789 000
Financial Balance	−74 000	−22 000	−2 881 000	−623 000
Earnings Before Tax	3 895 000	2 755 000	2 632 000	1 222 000
Tax	945 000	632 000	694 000	314 000
Net Income	2 951 000	2 123 000	1 938 000	908 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	25 000	160 000	168 000
Total Current Assets	14 918 000	11 223 000	7 863 000	46 117 000
Total Assets	14 994 000	11 248 000	8 022 000	46 285 000
Total Retained Equity	8 095 000	5 145 000	3 022 000	1 084 000
Total Equity	8 195 000	5 245 000	3 122 000	1 184 000
Total Long-Term Debt	920 000	2 846 000	1 148 000	0
Total Current Debt	5 879 000	3 157 000	3 752 000	45 101 000
Total Equity and Debt	14 994 000	11 248 000	8 022 000	46 285 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 881 000	37 870 000	31 108 000	30 503 000
Other Income	0	0	983 000	82 000
Revenue	45 881 000	37 870 000	32 091 000	30 586 000
Cost of Goods Sold	27 210 000	25 807 000	20 305 000	21 702 000
Salary Costs	5 821 000	4 077 000	2 155 000	2 896 000
Depreciation	17 000	130 000	33 000	22 000
Impairment	0	0	0	0
Expenditure	41 912 000	35 094 000	26 577 000	28 740 000
Operating Profit	3 969 000	2 777 000	5 513 000	1 845 000
Financial Income	30 000	67 000	830 000	166 000
Financial Costs	104 000	89 000	3 711 000	789 000
Financial Balance	−74 000	−22 000	−2 881 000	−623 000
Dividends	0	0	0	0
Net Income	2 951 000	2 123 000	1 938 000	908 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	110 000	116 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	13 000
Fixtures	76 000	25 000	50 000	38 000
Total Tangible Assets	76 000	25 000	50 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 000	25 000	160 000	168 000
Stock	5 317 000	1 154 000	944 000	2 462 000
Total Investments	0	0	0	0
Cash, Bank	425 000	2 520 000	1 818 000	130 000
Total Current Assets	14 918 000	11 223 000	7 863 000	46 117 000
Total Assets	14 994 000	11 248 000	8 022 000	46 285 000
Total Equity	8 195 000	5 245 000	3 122 000	1 184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	920 000	2 846 000	1 148 000	0
Creditors	959 000	366 000	958 000	3 323 000
Unpaid Taxes	1 497 000	1 462 000	1 191 000	1 150 000
Dividends	0	0	0	0
Other Current Debt	1 457 000	857 000	996 000	40 363 000
Total Current Debt	5 879 000	3 157 000	3 752 000	45 101 000
Total Equity and Debt	14 994 000	11 248 000	8 022 000	46 285 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,01 %	40,48 %	62,08 %	76,69 %
Debt-to-Equity Ratio	0,11	0,54	0,37	0
Operating Profit Margin	8,65 %	7,33 %	17,18 %	6,03 %
Current Ratio	2,54	3,55	2,1	1,02
Quick Ratio	26,54	5,6	2,8	1,08
Equity Ratio	0,55	0,47	0,39	0,03
Gross Profit Margin	40,69 %	31,85 %	36,73 %	29,05 %