ICAROS SA

1363 HØVIK

Finances

Share Ownership

Return on Equity

183,55 %

Current Ratio

0,66

Debt-to-Equity Ratio

2,87

Key figures (NOK)	2022	2021	2019	2018
Revenue	130 000	82 000	122 000	0
Net Income	982 000	−32 000	21 000	−69 000
Total Assets	2 108 000	1 180 000	480 000	465 000
Total Equity	535 000	−406 000	−382 000	−403 000

Income (NOK)	2022	2021	2019	2018
Revenue	130 000	82 000	122 000	0
Expenditure	237 000	113 000	101 000	69 000
Operating Profit	−107 000	−32 000	21 000	−69 000
Financial Income	1 091 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	1 090 000	0	0	0
Earnings Before Tax	982 000	−32 000	21 000	−69 000
Tax	0	0	0	0
Net Income	982 000	−32 000	21 000	−69 000

Balance (NOK)	2022	2021	2019	2018
Total Fixed Assets	2 085 000	1 148 000	448 000	403 000
Total Current Assets	23 000	33 000	31 000	61 000
Total Assets	2 108 000	1 180 000	480 000	465 000
Total Retained Equity	−1 605 000	−406 000	−382 000	−403 000
Total Equity	535 000	−406 000	−382 000	−403 000
Total Long-Term Debt	1 537 000	1 537 000	813 000	819 000
Total Current Debt	35 000	49 000	49 000	49 000
Total Equity and Debt	2 108 000	1 180 000	480 000	465 000

Cash flow (NOK)	2022	2021	2019	2018
Sales Income	130 000	82 000	122 000	0
Other Income	0	0	0	0
Revenue	130 000	82 000	122 000	0
Cost of Goods Sold	3 000	113 000	101 000	69 000
Salary Costs	0	0	0	0
Depreciation	107 000	0	0	0
Impairment	0	0	0	0
Expenditure	237 000	113 000	101 000	69 000
Operating Profit	−107 000	−32 000	21 000	−69 000
Financial Income	1 091 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	1 090 000	0	0	0
Dividends	0	0	0	0
Net Income	982 000	−32 000	21 000	−69 000

Balance details (NOK)	2022	2021	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	402 000	418 000	0	0
Machinery and Plant Facilities	642 000	326 000	0	0
Fixtures	13 000	50 000	0	0
Total Tangible Assets	1 056 000	794 000	0	0
Total Fiancial Fixed Assets	1 029 000	353 000	448 000	403 000
Total Fixed Assets	2 085 000	1 148 000	448 000	403 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 000	32 000	27 000	50 000
Total Current Assets	23 000	33 000	31 000	61 000
Total Assets	2 108 000	1 180 000	480 000	465 000
Total Equity	535 000	−406 000	−382 000	−403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 537 000	1 537 000	813 000	819 000
Creditors	0	0	0	0
Unpaid Taxes	8 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	27 000	49 000	49 000	49 000
Total Current Debt	35 000	49 000	49 000	49 000
Total Equity and Debt	2 108 000	1 180 000	480 000	465 000

Financial indicators	2022	2021	2019	2018
Return on Equity	183,55 %	7,88 %	−5,5 %	17,12 %
Debt-to-Equity Ratio	2,87	−3,79	−2,13	−2,03
Operating Profit Margin	−82,31 %	−39,02 %	17,21 %	-
Current Ratio	0,66	0,67	0,63	1,24
Quick Ratio	0,66	0,67	0,63	1,24
Equity Ratio	0,25	−0,34	−0,8	−0,87
Gross Profit Margin	97,69 %	−37,8 %	17,21 %	-