ISLANDGARDEN AS

5347 ÅGOTNES

Finances

Return on Equity

1 852,17 %

Current Ratio

0,25

Debt-to-Equity Ratio

−49,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 828 000	2 851 000	1 982 000	1 234 000
Net Income	−426 000	286 000	911 000	−1 386 000
Total Assets	3 576 000	2 152 000	1 718 000	662 000
Total Equity	−23 000	403 000	117 000	−794 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 828 000	2 851 000	1 982 000	1 234 000
Expenditure	4 614 000	2 465 000	1 044 000	2 570 000
Operating Profit	−787 000	386 000	938 000	−1 336 000
Financial Income	0	0	0	0
Financial Costs	102 000	101 000	27 000	51 000
Financial Balance	−102 000	−101 000	−27 000	−51 000
Earnings Before Tax	−889 000	286 000	911 000	−1 386 000
Tax	−463 000	0	0	0
Net Income	−426 000	286 000	911 000	−1 386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 969 000	1 163 000	1 038 000	47 000
Total Current Assets	607 000	989 000	680 000	615 000
Total Assets	3 576 000	2 152 000	1 718 000	662 000
Total Retained Equity	−61 000	365 000	79 000	−832 000
Total Equity	−23 000	403 000	117 000	−794 000
Total Long-Term Debt	1 132 000	1 132 000	1 132 000	1 120 000
Total Current Debt	2 467 000	617 000	470 000	336 000
Total Equity and Debt	3 576 000	2 152 000	1 718 000	662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 828 000	2 445 000	1 815 000	1 134 000
Other Income	0	406 000	166 000	100 000
Revenue	3 828 000	2 851 000	1 982 000	1 234 000
Cost of Goods Sold	84 000	62 000	99 000	213 000
Salary Costs	3 624 000	2 100 000	717 000	1 401 000
Depreciation	0	0	0	7 000
Impairment	0	0	0	700 000
Expenditure	4 614 000	2 465 000	1 044 000	2 570 000
Operating Profit	−787 000	386 000	938 000	−1 336 000
Financial Income	0	0	0	0
Financial Costs	102 000	101 000	27 000	51 000
Financial Balance	−102 000	−101 000	−27 000	−51 000
Dividends	0	0	0	0
Net Income	−426 000	286 000	911 000	−1 386 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 239 000	1 015 000	890 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	504 000	0	0	0
Fixtures	77 000	0	0	0
Total Tangible Assets	582 000	0	0	0
Total Fiancial Fixed Assets	148 000	148 000	148 000	47 000
Total Fixed Assets	2 969 000	1 163 000	1 038 000	47 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−471 000	363 000	604 000	544 000
Total Current Assets	607 000	989 000	680 000	615 000
Total Assets	3 576 000	2 152 000	1 718 000	662 000
Total Equity	−23 000	403 000	117 000	−794 000
Short-Term Group Debt	1 251 000	0	0	0
Total Long-Term Debt	1 132 000	1 132 000	1 132 000	1 120 000
Creditors	363 000	30 000	18 000	34 000
Unpaid Taxes	377 000	254 000	230 000	140 000
Dividends	0	0	0	0
Other Current Debt	476 000	334 000	222 000	163 000
Total Current Debt	2 467 000	617 000	470 000	336 000
Total Equity and Debt	3 576 000	2 152 000	1 718 000	662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 852,17 %	70,97 %	778,63 %	174,56 %
Debt-to-Equity Ratio	−49,22	2,81	9,68	−1,41
Operating Profit Margin	−20,56 %	13,54 %	47,33 %	−108,27 %
Current Ratio	0,25	1,6	1,45	1,83
Quick Ratio	0,25	1,6	1,45	1,83
Equity Ratio	−0,01	0,19	0,07	−1,2
Gross Profit Margin	97,81 %	97,83 %	95,01 %	82,74 %