INTELLIGENT MUD SOLUTIONS AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

−206,67 %

Current Ratio

0,69

Debt-to-Equity Ratio

2,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 804 000	8 078 000	9 587 000	20 617 000
Net Income	−13 578 000	−6 498 000	−3 635 000	1 673 000
Total Assets	35 104 000	37 415 000	45 109 000	45 549 000
Total Equity	6 570 000	20 147 000	26 645 000	21 781 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 804 000	8 078 000	9 587 000	20 617 000
Expenditure	16 430 000	13 995 000	13 529 000	18 095 000
Operating Profit	−12 625 000	−5 917 000	−3 943 000	2 521 000
Financial Income	3 000	29 000	15 000	0
Financial Costs	956 000	610 000	726 000	849 000
Financial Balance	−953 000	−581 000	−711 000	−849 000
Earnings Before Tax	−13 578 000	−6 498 000	−4 654 000	1 673 000
Tax	0	0	0	0
Net Income	−13 578 000	−6 498 000	−3 635 000	1 673 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 811 000	28 944 000	32 889 000	25 267 000
Total Current Assets	6 293 000	8 471 000	12 220 000	20 282 000
Total Assets	35 104 000	37 415 000	45 109 000	45 549 000
Total Retained Equity	0	0	0	1 673 000
Total Equity	6 570 000	20 147 000	26 645 000	21 781 000
Total Long-Term Debt	19 473 000	13 048 000	13 048 000	8 718 000
Total Current Debt	9 061 000	4 220 000	5 416 000	15 051 000
Total Equity and Debt	35 104 000	37 415 000	45 109 000	45 549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 624 000	6 193 000	9 104 000	20 617 000
Other Income	181 000	1 885 000	483 000	0
Revenue	3 804 000	8 078 000	9 587 000	20 617 000
Cost of Goods Sold	832 000	800 000	1 742 000	4 904 000
Salary Costs	3 962 000	2 937 000	3 190 000	4 372 000
Depreciation	6 998 000	6 461 000	4 862 000	3 379 000
Impairment	0	0	0	0
Expenditure	16 430 000	13 995 000	13 529 000	18 095 000
Operating Profit	−12 625 000	−5 917 000	−3 943 000	2 521 000
Financial Income	3 000	29 000	15 000	0
Financial Costs	956 000	610 000	726 000	849 000
Financial Balance	−953 000	−581 000	−711 000	−849 000
Dividends	0	0	0	0
Net Income	−13 578 000	−6 498 000	−3 635 000	1 673 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 817 000	10 417 000	10 156 000	11 260 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	11 794 000	12 533 000	15 894 000	13 901 000
Fixtures	100 000	45 000	39 000	106 000
Total Tangible Assets	11 894 000	12 577 000	15 933 000	14 007 000
Total Fiancial Fixed Assets	5 100 000	5 950 000	6 800 000	0
Total Fixed Assets	28 811 000	28 944 000	32 889 000	25 267 000
Stock	1 796 000	2 541 000	2 291 000	993 000
Total Investments	0	0	0	0
Cash, Bank	1 162 000	1 844 000	4 261 000	6 991 000
Total Current Assets	6 293 000	8 471 000	12 220 000	20 282 000
Total Assets	35 104 000	37 415 000	45 109 000	45 549 000
Total Equity	6 570 000	20 147 000	26 645 000	21 781 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 473 000	13 048 000	13 048 000	8 718 000
Creditors	6 702 000	2 546 000	3 595 000	11 898 000
Unpaid Taxes	640 000	459 000	364 000	515 000
Dividends	0	0	0	0
Other Current Debt	1 718 000	1 216 000	1 457 000	2 638 000
Total Current Debt	9 061 000	4 220 000	5 416 000	15 051 000
Total Equity and Debt	35 104 000	37 415 000	45 109 000	45 549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−206,67 %	−32,25 %	−13,64 %	7,68 %
Debt-to-Equity Ratio	2,96	0,65	0,49	0,4
Operating Profit Margin	−331,89 %	−73,25 %	−41,13 %	12,23 %
Current Ratio	0,69	2,01	2,26	1,35
Quick Ratio	0,87	5,05	3,91	1,44
Equity Ratio	0,19	0,54	0,59	0,48
Gross Profit Margin	78,13 %	90,1 %	81,83 %	76,21 %