IP ELEKTRO HOLDING AS

8646 KORGEN

Finances

Return on Equity

4 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 274 000	13 913 000	12 732 000	11 899 000
Net Income	166 000	373 000	613 000	696 000
Total Assets	7 812 000	7 435 000	7 144 000	5 998 000
Total Equity	4 148 000	3 992 000	3 880 000	3 267 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 274 000	13 913 000	12 732 000	11 899 000
Expenditure	15 036 000	13 387 000	11 962 000	10 975 000
Operating Profit	237 000	525 000	771 000	924 000
Financial Income	9 000	23 000	7 000	36 000
Financial Costs	60 000	25 000	22 000	11 000
Financial Balance	−51 000	−2 000	−15 000	25 000
Earnings Before Tax	186 000	523 000	756 000	949 000
Tax	20 000	149 000	143 000	253 000
Net Income	166 000	373 000	613 000	696 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 714 000	2 587 000	2 716 000	55 000
Total Current Assets	5 097 000	4 848 000	4 428 000	5 943 000
Total Assets	7 812 000	7 435 000	7 144 000	5 998 000
Total Retained Equity	4 041 000	3 882 000	3 759 000	3 145 000
Total Equity	4 148 000	3 992 000	3 880 000	3 267 000
Total Long-Term Debt	335 000	302 000	396 000	0
Total Current Debt	3 329 000	3 141 000	2 869 000	2 731 000
Total Equity and Debt	7 812 000	7 435 000	7 144 000	5 998 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 266 000	13 913 000	12 732 000	11 899 000
Other Income	8 000	0	0	0
Revenue	15 274 000	13 913 000	12 732 000	11 899 000
Cost of Goods Sold	6 890 000	4 837 000	5 082 000	3 449 000
Salary Costs	5 703 000	6 144 000	5 091 000	5 608 000
Depreciation	179 000	135 000	53 000	23 000
Impairment	0	0	0	0
Expenditure	15 036 000	13 387 000	11 962 000	10 975 000
Operating Profit	237 000	525 000	771 000	924 000
Financial Income	9 000	23 000	7 000	36 000
Financial Costs	60 000	25 000	22 000	11 000
Financial Balance	−51 000	−2 000	−15 000	25 000
Dividends	0	0	0	0
Net Income	166 000	373 000	613 000	696 000

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	0	0	0	0
Fixtures	544 000	447 000	576 000	54 000
Total Tangible Assets	544 000	447 000	576 000	54 000
Total Fiancial Fixed Assets	2 170 000	2 140 000	2 141 000	1 000
Total Fixed Assets	2 714 000	2 587 000	2 716 000	55 000
Stock	926 000	802 000	858 000	1 085 000
Total Investments	0	0	0	0
Cash, Bank	496 000	991 000	429 000	2 065 000
Total Current Assets	5 097 000	4 848 000	4 428 000	5 943 000
Total Assets	7 812 000	7 435 000	7 144 000	5 998 000
Total Equity	4 148 000	3 992 000	3 880 000	3 267 000
Short-Term Group Debt	50 000	50 000	50 000	0
Total Long-Term Debt	335 000	302 000	396 000	0
Creditors	966 000	889 000	910 000	489 000
Unpaid Taxes	742 000	1 026 000	786 000	914 000
Dividends	0	0	0	0
Other Current Debt	1 031 000	1 022 000	980 000	1 076 000
Total Current Debt	3 329 000	3 141 000	2 869 000	2 731 000
Total Equity and Debt	7 812 000	7 435 000	7 144 000	5 998 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4 %	9,34 %	15,8 %	21,3 %
Debt-to-Equity Ratio	0,08	0,08	0,1	0
Operating Profit Margin	1,55 %	3,77 %	6,06 %	7,77 %
Current Ratio	1,53	1,54	1,54	2,18
Quick Ratio	2,12	2,07	2,2	3,61
Equity Ratio	0,53	0,54	0,54	0,54
Gross Profit Margin	54,89 %	65,23 %	60,08 %	71,01 %