INDUSTRIVERKTØY AS

7120 LEKSVIK

Finances

Return on Equity

11,81 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 396 000	25 211 000	18 197 000	26 227 000
Net Income	1 066 000	1 107 000	−400 000	2 180 000
Total Assets	25 783 000	24 298 000	17 722 000	25 667 000
Total Equity	9 028 000	7 962 000	6 855 000	7 255 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 396 000	25 211 000	18 197 000	26 227 000
Expenditure	27 691 000	23 578 000	18 619 000	23 433 000
Operating Profit	1 704 000	1 634 000	−423 000	2 795 000
Financial Income	40 000	20 000	103 000	137 000
Financial Costs	374 000	233 000	192 000	131 000
Financial Balance	−334 000	−213 000	−89 000	6 000
Earnings Before Tax	1 371 000	1 421 000	−512 000	2 801 000
Tax	305 000	313 000	−111 000	621 000
Net Income	1 066 000	1 107 000	−400 000	2 180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 784 000	11 829 000	7 762 000	12 274 000
Total Current Assets	14 999 000	12 470 000	9 960 000	13 393 000
Total Assets	25 783 000	24 298 000	17 722 000	25 667 000
Total Retained Equity	2 828 000	1 762 000	655 000	1 055 000
Total Equity	9 028 000	7 962 000	6 855 000	7 255 000
Total Long-Term Debt	8 469 000	9 942 000	4 644 000	5 863 000
Total Current Debt	8 285 000	6 394 000	6 223 000	12 549 000
Total Equity and Debt	25 783 000	24 298 000	17 722 000	25 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 380 000	24 911 000	17 461 000	26 226 000
Other Income	16 000	300 000	737 000	1 000
Revenue	29 396 000	25 211 000	18 197 000	26 227 000
Cost of Goods Sold	8 743 000	6 407 000	4 048 000	6 723 000
Salary Costs	11 462 000	10 512 000	8 537 000	11 388 000
Depreciation	1 564 000	1 319 000	1 000 000	288 000
Impairment	0	0	0	0
Expenditure	27 691 000	23 578 000	18 619 000	23 433 000
Operating Profit	1 704 000	1 634 000	−423 000	2 795 000
Financial Income	40 000	20 000	103 000	137 000
Financial Costs	374 000	233 000	192 000	131 000
Financial Balance	−334 000	−213 000	−89 000	6 000
Dividends	0	0	0	0
Net Income	1 066 000	1 107 000	−400 000	2 180 000

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	10 239 000	11 210 000	7 025 000	7 504 000
Fixtures	541 000	615 000	733 000	766 000
Total Tangible Assets	10 780 000	11 825 000	7 758 000	8 270 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	4 004 000
Total Fixed Assets	10 784 000	11 829 000	7 762 000	12 274 000
Stock	3 536 000	3 473 000	3 215 000	2 873 000
Total Investments	0	0	0	0
Cash, Bank	1 721 000	1 545 000	1 682 000	3 805 000
Total Current Assets	14 999 000	12 470 000	9 960 000	13 393 000
Total Assets	25 783 000	24 298 000	17 722 000	25 667 000
Total Equity	9 028 000	7 962 000	6 855 000	7 255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 469 000	9 942 000	4 644 000	5 863 000
Creditors	1 447 000	1 073 000	920 000	1 785 000
Unpaid Taxes	1 157 000	1 541 000	856 000	1 505 000
Dividends	0	0	0	0
Other Current Debt	5 682 000	3 779 000	4 448 000	9 259 000
Total Current Debt	8 285 000	6 394 000	6 223 000	12 549 000
Total Equity and Debt	25 783 000	24 298 000	17 722 000	25 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,81 %	13,9 %	−5,84 %	30,05 %
Debt-to-Equity Ratio	0,94	1,25	0,68	0,81
Operating Profit Margin	5,8 %	6,48 %	−2,32 %	10,66 %
Current Ratio	1,81	1,95	1,6	1,07
Quick Ratio	3,16	4,27	3,31	1,38
Equity Ratio	0,35	0,33	0,39	0,28
Gross Profit Margin	70,26 %	74,59 %	77,75 %	74,37 %