IGLOOTECH AS

3083 HOLMESTRAND

Finances

Return on Equity

−246,96 %

Current Ratio

1,02

Debt-to-Equity Ratio

1,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 073 000	5 248 000	2 295 000	3 259 000
Net Income	−447 000	557 000	81 000	157 000
Total Assets	1 178 000	1 916 000	836 000	749 000
Total Equity	181 000	1 108 000	631 000	550 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 073 000	5 248 000	2 295 000	3 259 000
Expenditure	2 515 000	4 542 000	2 188 000	3 048 000
Operating Profit	−442 000	706 000	106 000	210 000
Financial Income	2 000	0	0	0
Financial Costs	7 000	0	0	2 000
Financial Balance	−5 000	0	0	−2 000
Earnings Before Tax	−448 000	706 000	106 000	209 000
Tax	0	149 000	24 000	52 000
Net Income	−447 000	557 000	81 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	523 000	91 000	97 000	98 000
Total Current Assets	656 000	1 825 000	739 000	651 000
Total Assets	1 178 000	1 916 000	836 000	749 000
Total Retained Equity	151 000	1 058 000	581 000	500 000
Total Equity	181 000	1 108 000	631 000	550 000
Total Long-Term Debt	354 000	0	0	0
Total Current Debt	643 000	808 000	204 000	199 000
Total Equity and Debt	1 178 000	1 916 000	836 000	749 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 073 000	5 202 000	2 257 000	3 259 000
Other Income	0	46 000	39 000	0
Revenue	2 073 000	5 248 000	2 295 000	3 259 000
Cost of Goods Sold	1 047 000	2 332 000	838 000	1 181 000
Salary Costs	753 000	1 382 000	592 000	996 000
Depreciation	48 000	37 000	46 000	39 000
Impairment	0	0	0	0
Expenditure	2 515 000	4 542 000	2 188 000	3 048 000
Operating Profit	−442 000	706 000	106 000	210 000
Financial Income	2 000	0	0	0
Financial Costs	7 000	0	0	2 000
Financial Balance	−5 000	0	0	−2 000
Dividends	0	80 000	0	0
Net Income	−447 000	557 000	81 000	157 000

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	523 000	91 000	97 000	98 000
Total Tangible Assets	523 000	91 000	97 000	98 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	523 000	91 000	97 000	98 000
Stock	48 000	25 000	11 000	40 000
Total Investments	0	0	0	0
Cash, Bank	567 000	1 355 000	507 000	359 000
Total Current Assets	656 000	1 825 000	739 000	651 000
Total Assets	1 178 000	1 916 000	836 000	749 000
Total Equity	181 000	1 108 000	631 000	550 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	354 000	0	0	0
Creditors	226 000	122 000	66 000	32 000
Unpaid Taxes	129 000	335 000	56 000	22 000
Dividends	0	80 000	0	0
Other Current Debt	288 000	202 000	59 000	92 000
Total Current Debt	643 000	808 000	204 000	199 000
Total Equity and Debt	1 178 000	1 916 000	836 000	749 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−246,96 %	50,27 %	12,84 %	28,55 %
Debt-to-Equity Ratio	1,96	0	0	0
Operating Profit Margin	−21,32 %	13,45 %	4,62 %	6,44 %
Current Ratio	1,02	2,26	3,62	3,27
Quick Ratio	1,1	2,33	3,83	4,09
Equity Ratio	0,15	0,58	0,75	0,73
Gross Profit Margin	49,49 %	55,56 %	63,49 %	63,76 %