ICAN TREND AS

3211 SANDEFJORD

Finances

Share Ownership

Return on Equity

52,83 %

Current Ratio

0,62

Debt-to-Equity Ratio

1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 075 000	816 000	310 000	1 359 000
Net Income	373 000	−59 000	−163 000	50 000
Total Assets	2 553 000	1 947 000	1 855 000	1 986 000
Total Equity	706 000	347 000	474 000	637 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 075 000	816 000	310 000	1 359 000
Expenditure	634 000	871 000	476 000	1 309 000
Operating Profit	440 000	−55 000	−166 000	50 000
Financial Income	76 000	3 000	4 000	1 000
Financial Costs	2 000	2 000	1 000	1 000
Financial Balance	74 000	1 000	3 000	0
Earnings Before Tax	514 000	−54 000	−163 000	50 000
Tax	142 000	5 000	0	0
Net Income	373 000	−59 000	−163 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 860 000	1 327 000	1 264 000	1 051 000
Total Current Assets	692 000	620 000	592 000	935 000
Total Assets	2 553 000	1 947 000	1 855 000	1 986 000
Total Retained Equity	606 000	247 000	374 000	537 000
Total Equity	706 000	347 000	474 000	637 000
Total Long-Term Debt	727 000	641 000	721 000	498 000
Total Current Debt	1 119 000	959 000	661 000	851 000
Total Equity and Debt	2 553 000	1 947 000	1 855 000	1 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 074 000	816 000	310 000	1 359 000
Other Income	1 000	0	0	0
Revenue	1 075 000	816 000	310 000	1 359 000
Cost of Goods Sold	14 000	186 000	117 000	178 000
Salary Costs	71 000	82 000	14 000	83 000
Depreciation	45 000	22 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	634 000	871 000	476 000	1 309 000
Operating Profit	440 000	−55 000	−166 000	50 000
Financial Income	76 000	3 000	4 000	1 000
Financial Costs	2 000	2 000	1 000	1 000
Financial Balance	74 000	1 000	3 000	0
Dividends	0	0	0	0
Net Income	373 000	−59 000	−163 000	50 000

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	227 000	172 000	2 000	4 000
Total Tangible Assets	227 000	172 000	2 000	4 000
Total Fiancial Fixed Assets	1 633 000	1 155 000	1 262 000	1 047 000
Total Fixed Assets	1 860 000	1 327 000	1 264 000	1 051 000
Stock	21 000	32 000	43 000	50 000
Total Investments	0	0	0	0
Cash, Bank	104 000	296 000	81 000	52 000
Total Current Assets	692 000	620 000	592 000	935 000
Total Assets	2 553 000	1 947 000	1 855 000	1 986 000
Total Equity	706 000	347 000	474 000	637 000
Short-Term Group Debt	17 000	86 000	0	0
Total Long-Term Debt	727 000	641 000	721 000	498 000
Creditors	72 000	87 000	91 000	100 000
Unpaid Taxes	160 000	10 000	19 000	220 000
Dividends	0	0	0	0
Other Current Debt	732 000	743 000	550 000	530 000
Total Current Debt	1 119 000	959 000	661 000	851 000
Total Equity and Debt	2 553 000	1 947 000	1 855 000	1 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,83 %	−17 %	−34,39 %	7,85 %
Debt-to-Equity Ratio	1,03	1,85	1,52	0,78
Operating Profit Margin	40,93 %	−6,74 %	−53,55 %	3,68 %
Current Ratio	0,62	0,65	0,9	1,1
Quick Ratio	0,63	0,67	0,96	1,17
Equity Ratio	0,28	0,18	0,26	0,32
Gross Profit Margin	98,7 %	77,21 %	62,26 %	86,9 %