INDUSTRIELL VANNBEHANDLING AS

4011 STAVANGER

Finances

Share Ownership

Return on Equity

35,88 %

Current Ratio

2,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 120 000	8 339 000	7 919 000	7 652 000
Net Income	1 094 000	395 000	694 000	823 000
Total Assets	5 001 000	3 915 000	5 280 000	4 941 000
Total Equity	3 049 000	2 054 000	3 859 000	3 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 120 000	8 339 000	7 919 000	7 652 000
Expenditure	8 713 000	7 834 000	7 030 000	6 603 000
Operating Profit	1 408 000	505 000	889 000	1 050 000
Financial Income	2 000	6 000	5 000	8 000
Financial Costs	6 000	4 000	5 000	3 000
Financial Balance	−4 000	2 000	0	5 000
Earnings Before Tax	1 403 000	506 000	890 000	1 055 000
Tax	309 000	111 000	196 000	232 000
Net Income	1 094 000	395 000	694 000	823 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	619 000	587 000	818 000	508 000
Total Current Assets	4 383 000	3 328 000	4 462 000	4 434 000
Total Assets	5 001 000	3 915 000	5 280 000	4 941 000
Total Retained Equity	2 949 000	1 954 000	3 759 000	3 065 000
Total Equity	3 049 000	2 054 000	3 859 000	3 165 000
Total Long-Term Debt	14 000	33 000	55 000	13 000
Total Current Debt	1 939 000	1 827 000	1 366 000	1 764 000
Total Equity and Debt	5 001 000	3 915 000	5 280 000	4 941 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 120 000	8 339 000	7 720 000	7 539 000
Other Income	0	0	199 000	113 000
Revenue	10 120 000	8 339 000	7 919 000	7 652 000
Cost of Goods Sold	4 123 000	3 182 000	2 848 000	2 559 000
Salary Costs	3 534 000	3 728 000	3 340 000	3 281 000
Depreciation	245 000	231 000	182 000	180 000
Impairment	0	0	0	0
Expenditure	8 713 000	7 834 000	7 030 000	6 603 000
Operating Profit	1 408 000	505 000	889 000	1 050 000
Financial Income	2 000	6 000	5 000	8 000
Financial Costs	6 000	4 000	5 000	3 000
Financial Balance	−4 000	2 000	0	5 000
Dividends	0	0	0	250 000
Net Income	1 094 000	395 000	694 000	823 000

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	619 000	587 000	818 000	508 000
Fixtures	0	0	0	0
Total Tangible Assets	619 000	587 000	818 000	508 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	619 000	587 000	818 000	508 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 665 000	1 045 000	3 118 000	3 081 000
Total Current Assets	4 383 000	3 328 000	4 462 000	4 434 000
Total Assets	5 001 000	3 915 000	5 280 000	4 941 000
Total Equity	3 049 000	2 054 000	3 859 000	3 165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	33 000	55 000	13 000
Creditors	438 000	531 000	389 000	290 000
Unpaid Taxes	536 000	598 000	505 000	674 000
Dividends	0	0	0	250 000
Other Current Debt	637 000	566 000	318 000	332 000
Total Current Debt	1 939 000	1 827 000	1 366 000	1 764 000
Total Equity and Debt	5 001 000	3 915 000	5 280 000	4 941 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,88 %	19,23 %	17,98 %	26 %
Debt-to-Equity Ratio	0	0,02	0,01	0
Operating Profit Margin	13,91 %	6,06 %	11,23 %	13,72 %
Current Ratio	2,26	1,82	3,27	2,51
Quick Ratio	2,26	1,82	3,27	2,51
Equity Ratio	0,61	0,52	0,73	0,64
Gross Profit Margin	59,26 %	61,84 %	64,04 %	66,56 %