IVAR HUSTELI AS

6670 ØYDEGARD

Finances

Share Ownership

Return on Equity

64,14 %

Current Ratio

0,45

Debt-to-Equity Ratio

3,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 527 000	9 493 000	8 961 000	7 842 000
Net Income	288 000	−288 000	−179 000	−228 000
Total Assets	8 007 000	7 378 000	7 601 000	5 023 000
Total Equity	449 000	161 000	449 000	628 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 527 000	9 493 000	8 961 000	7 842 000
Expenditure	15 034 000	9 738 000	8 997 000	8 047 000
Operating Profit	493 000	−245 000	−35 000	−205 000
Financial Income	0	0	0	11 000
Financial Costs	123 000	124 000	194 000	98 000
Financial Balance	−123 000	−124 000	−194 000	−87 000
Earnings Before Tax	370 000	−369 000	−229 000	−293 000
Tax	81 000	−81 000	−50 000	−64 000
Net Income	288 000	−288 000	−179 000	−228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 289 000	4 591 000	4 462 000	2 791 000
Total Current Assets	2 718 000	2 787 000	3 139 000	2 231 000
Total Assets	8 007 000	7 378 000	7 601 000	5 023 000
Total Retained Equity	−71 000	−359 000	−71 000	108 000
Total Equity	449 000	161 000	449 000	628 000
Total Long-Term Debt	1 563 000	1 141 000	966 000	1 198 000
Total Current Debt	5 995 000	6 076 000	6 186 000	3 197 000
Total Equity and Debt	8 007 000	7 378 000	7 601 000	5 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 527 000	9 455 000	9 573 000	8 632 000
Other Income	0	38 000	−612 000	−790 000
Revenue	15 527 000	9 493 000	8 961 000	7 842 000
Cost of Goods Sold	4 907 000	2 126 000	1 978 000	542 000
Salary Costs	2 351 000	2 015 000	1 721 000	1 634 000
Depreciation	418 000	350 000	313 000	269 000
Impairment	0	0	0	0
Expenditure	15 034 000	9 738 000	8 997 000	8 047 000
Operating Profit	493 000	−245 000	−35 000	−205 000
Financial Income	0	0	0	11 000
Financial Costs	123 000	124 000	194 000	98 000
Financial Balance	−123 000	−124 000	−194 000	−87 000
Dividends	0	0	0	0
Net Income	288 000	−288 000	−179 000	−228 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	115 000	196 000	115 000	65 000
Real Eastate	787 000	787 000	787 000	787 000
Machinery and Plant Facilities	38 000	90 000	162 000	342 000
Fixtures	3 961 000	2 983 000	2 717 000	388 000
Total Tangible Assets	4 786 000	3 860 000	3 666 000	1 517 000
Total Fiancial Fixed Assets	387 000	535 000	682 000	1 210 000
Total Fixed Assets	5 289 000	4 591 000	4 462 000	2 791 000
Stock	1 058 000	1 058 000	1 058 000	1 058 000
Total Investments	0	0	0	0
Cash, Bank	60 000	137 000	193 000	136 000
Total Current Assets	2 718 000	2 787 000	3 139 000	2 231 000
Total Assets	8 007 000	7 378 000	7 601 000	5 023 000
Total Equity	449 000	161 000	449 000	628 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 563 000	1 141 000	966 000	1 198 000
Creditors	2 370 000	1 455 000	1 449 000	503 000
Unpaid Taxes	104 000	385 000	135 000	109 000
Dividends	0	0	0	0
Other Current Debt	2 443 000	3 082 000	3 503 000	1 402 000
Total Current Debt	5 995 000	6 076 000	6 186 000	3 197 000
Total Equity and Debt	8 007 000	7 378 000	7 601 000	5 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,14 %	−178,88 %	−39,87 %	−36,31 %
Debt-to-Equity Ratio	3,48	7,09	2,15	1,91
Operating Profit Margin	3,18 %	−2,58 %	−0,39 %	−2,61 %
Current Ratio	0,45	0,46	0,51	0,7
Quick Ratio	0,55	0,56	0,61	1,04
Equity Ratio	0,06	0,02	0,06	0,13
Gross Profit Margin	68,4 %	77,6 %	77,93 %	93,09 %