IRV AS

6517 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

50,48 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 680 000	32 368 000	36 423 000	36 623 000
Net Income	2 328 000	2 050 000	1 531 000	651 000
Total Assets	17 539 000	12 429 000	7 766 000	9 307 000
Total Equity	4 612 000	2 284 000	−1 766 000	−3 297 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 680 000	32 368 000	36 423 000	36 623 000
Expenditure	36 382 000	33 816 000	34 508 000	35 710 000
Operating Profit	3 297 000	−1 448 000	1 914 000	913 000
Financial Income	0	0	0	0
Financial Costs	415 000	293 000	383 000	262 000
Financial Balance	−415 000	−293 000	−383 000	−262 000
Earnings Before Tax	2 883 000	−1 741 000	1 531 000	651 000
Tax	554 000	−3 791 000	0	0
Net Income	2 328 000	2 050 000	1 531 000	651 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 079 000	4 853 000	1 151 000	777 000
Total Current Assets	13 459 000	7 577 000	6 614 000	8 530 000
Total Assets	17 539 000	12 429 000	7 766 000	9 307 000
Total Retained Equity	−1 949 000	−4 277 000	−15 327 000	−16 858 000
Total Equity	4 612 000	2 284 000	−1 766 000	−3 297 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 926 000	10 145 000	9 531 000	12 604 000
Total Equity and Debt	17 539 000	12 429 000	7 766 000	9 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 466 000	32 293 000	36 373 000	36 610 000
Other Income	214 000	75 000	50 000	13 000
Revenue	39 680 000	32 368 000	36 423 000	36 623 000
Cost of Goods Sold	10 912 000	8 589 000	8 893 000	9 449 000
Salary Costs	18 551 000	18 096 000	17 664 000	18 376 000
Depreciation	219 000	235 000	200 000	144 000
Impairment	0	0	0	0
Expenditure	36 382 000	33 816 000	34 508 000	35 710 000
Operating Profit	3 297 000	−1 448 000	1 914 000	913 000
Financial Income	0	0	0	0
Financial Costs	415 000	293 000	383 000	262 000
Financial Balance	−415 000	−293 000	−383 000	−262 000
Dividends	0	0	0	0
Net Income	2 328 000	2 050 000	1 531 000	651 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 525 000	4 130 000	389 000	249 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	196 000	311 000	404 000	379 000
Fixtures	156 000	210 000	156 000	149 000
Total Tangible Assets	352 000	521 000	560 000	528 000
Total Fiancial Fixed Assets	202 000	202 000	202 000	0
Total Fixed Assets	4 079 000	4 853 000	1 151 000	777 000
Stock	1 946 000	1 583 000	1 497 000	615 000
Total Investments	0	0	0	0
Cash, Bank	592 000	444 000	446 000	503 000
Total Current Assets	13 459 000	7 577 000	6 614 000	8 530 000
Total Assets	17 539 000	12 429 000	7 766 000	9 307 000
Total Equity	4 612 000	2 284 000	−1 766 000	−3 297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 039 000	1 944 000	1 942 000	3 379 000
Unpaid Taxes	1 204 000	1 044 000	1 674 000	1 358 000
Dividends	0	0	0	0
Other Current Debt	2 218 000	7 157 000	5 916 000	7 867 000
Total Current Debt	12 926 000	10 145 000	9 531 000	12 604 000
Total Equity and Debt	17 539 000	12 429 000	7 766 000	9 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,48 %	89,75 %	−86,69 %	−19,75 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	8,31 %	−4,47 %	5,25 %	2,49 %
Current Ratio	1,04	0,75	0,69	0,68
Quick Ratio	1,23	0,88	0,82	0,71
Equity Ratio	0,26	0,18	−0,23	−0,35
Gross Profit Margin	72,5 %	73,46 %	75,58 %	74,2 %