IVATEK AS

2240 MAGNOR

Finances

Share Ownership

Return on Equity

4,39 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 957 000	10 576 000	8 437 000	8 948 000
Net Income	52 000	258 000	−27 000	150 000
Total Assets	3 928 000	3 338 000	2 868 000	2 994 000
Total Equity	1 184 000	1 132 000	874 000	922 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 957 000	10 576 000	8 437 000	8 948 000
Expenditure	13 675 000	10 012 000	8 279 000	8 585 000
Operating Profit	282 000	562 000	157 000	364 000
Financial Income	3 000	2 000	7 000	2 000
Financial Costs	219 000	233 000	200 000	231 000
Financial Balance	−216 000	−231 000	−193 000	−229 000
Earnings Before Tax	66 000	331 000	−35 000	135 000
Tax	15 000	73 000	−8 000	−16 000
Net Income	52 000	258 000	−27 000	150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	442 000	318 000	363 000	445 000
Total Current Assets	3 487 000	3 020 000	2 505 000	2 548 000
Total Assets	3 928 000	3 338 000	2 868 000	2 994 000
Total Retained Equity	1 084 000	1 032 000	774 000	822 000
Total Equity	1 184 000	1 132 000	874 000	922 000
Total Long-Term Debt	222 000	242 000	316 000	487 000
Total Current Debt	2 523 000	1 964 000	1 678 000	1 585 000
Total Equity and Debt	3 928 000	3 338 000	2 868 000	2 994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 957 000	10 576 000	8 437 000	8 948 000
Other Income	0	0	0	0
Revenue	13 957 000	10 576 000	8 437 000	8 948 000
Cost of Goods Sold	6 329 000	4 108 000	3 279 000	2 699 000
Salary Costs	4 638 000	4 104 000	3 267 000	4 150 000
Depreciation	50 000	44 000	104 000	84 000
Impairment	0	0	0	0
Expenditure	13 675 000	10 012 000	8 279 000	8 585 000
Operating Profit	282 000	562 000	157 000	364 000
Financial Income	3 000	2 000	7 000	2 000
Financial Costs	219 000	233 000	200 000	231 000
Financial Balance	−216 000	−231 000	−193 000	−229 000
Dividends	0	0	0	0
Net Income	52 000	258 000	−27 000	150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	74 000	75 000	53 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	243 000	108 000	152 000	256 000
Total Tangible Assets	243 000	108 000	152 000	256 000
Total Fiancial Fixed Assets	136 000	136 000	136 000	136 000
Total Fixed Assets	442 000	318 000	363 000	445 000
Stock	1 700 000	1 413 000	1 270 000	1 209 000
Total Investments	0	0	0	0
Cash, Bank	420 000	593 000	256 000	459 000
Total Current Assets	3 487 000	3 020 000	2 505 000	2 548 000
Total Assets	3 928 000	3 338 000	2 868 000	2 994 000
Total Equity	1 184 000	1 132 000	874 000	922 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	222 000	242 000	316 000	487 000
Creditors	917 000	442 000	376 000	156 000
Unpaid Taxes	746 000	540 000	445 000	539 000
Dividends	0	0	0	0
Other Current Debt	448 000	504 000	436 000	466 000
Total Current Debt	2 523 000	1 964 000	1 678 000	1 585 000
Total Equity and Debt	3 928 000	3 338 000	2 868 000	2 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,39 %	22,79 %	−3,09 %	16,27 %
Debt-to-Equity Ratio	0,19	0,21	0,36	0,53
Operating Profit Margin	2,02 %	5,31 %	1,86 %	4,07 %
Current Ratio	1,38	1,54	1,49	1,61
Quick Ratio	4,24	5,48	6,14	6,78
Equity Ratio	0,3	0,34	0,3	0,31
Gross Profit Margin	54,65 %	61,16 %	61,14 %	69,84 %