IBIZA BOATS AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

41,43 %

Current Ratio

1,79

Debt-to-Equity Ratio

3,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 978 000	104 647 000	70 737 000	71 347 000
Net Income	1 637 000	3 500 000	2 350 000	3 227 000
Total Assets	32 448 000	39 610 000	26 635 000	24 013 000
Total Equity	3 951 000	3 898 000	1 787 000	1 850 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 978 000	104 647 000	70 737 000	71 347 000
Expenditure	90 999 000	105 629 000	66 825 000	67 833 000
Operating Profit	2 579 000	4 707 000	3 320 000	3 613 000
Financial Income	99 000	11 000	0	0
Financial Costs	559 000	219 000	301 000	449 000
Financial Balance	−460 000	−208 000	−301 000	−449 000
Earnings Before Tax	2 119 000	4 499 000	3 019 000	3 164 000
Tax	482 000	999 000	669 000	−63 000
Net Income	1 637 000	3 500 000	2 350 000	3 227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 848 000	7 394 000	8 502 000	6 857 000
Total Current Assets	24 600 000	32 216 000	18 133 000	17 156 000
Total Assets	32 448 000	39 610 000	26 635 000	24 013 000
Total Retained Equity	3 841 000	3 788 000	1 677 000	1 740 000
Total Equity	3 951 000	3 898 000	1 787 000	1 850 000
Total Long-Term Debt	14 747 000	13 007 000	8 937 000	4 691 000
Total Current Debt	13 751 000	22 706 000	15 910 000	17 471 000
Total Equity and Debt	32 448 000	39 610 000	26 635 000	24 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 933 000	104 647 000	70 737 000	71 347 000
Other Income	45 000	0	0	0
Revenue	92 978 000	104 647 000	70 737 000	71 347 000
Cost of Goods Sold	60 813 000	74 283 000	44 661 000	45 519 000
Salary Costs	16 922 000	17 769 000	11 686 000	12 102 000
Depreciation	1 947 000	2 274 000	1 936 000	2 534 000
Impairment	0	0	0	0
Expenditure	90 999 000	105 629 000	66 825 000	67 833 000
Operating Profit	2 579 000	4 707 000	3 320 000	3 613 000
Financial Income	99 000	11 000	0	0
Financial Costs	559 000	219 000	301 000	449 000
Financial Balance	−460 000	−208 000	−301 000	−449 000
Dividends	0	0	0	0
Net Income	1 637 000	3 500 000	2 350 000	3 227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	980 000	1 015 000	959 000	948 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	344 000	363 000	485 000	552 000
Fixtures	6 525 000	6 017 000	7 058 000	5 358 000
Total Tangible Assets	6 869 000	6 380 000	7 543 000	5 909 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 848 000	7 394 000	8 502 000	6 857 000
Stock	15 354 000	14 755 000	9 066 000	9 659 000
Total Investments	0	0	0	0
Cash, Bank	327 000	513 000	3 843 000	325 000
Total Current Assets	24 600 000	32 216 000	18 133 000	17 156 000
Total Assets	32 448 000	39 610 000	26 635 000	24 013 000
Total Equity	3 951 000	3 898 000	1 787 000	1 850 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 747 000	13 007 000	8 937 000	4 691 000
Creditors	7 443 000	13 796 000	9 190 000	6 004 000
Unpaid Taxes	1 223 000	2 805 000	1 722 000	1 946 000
Dividends	0	0	0	0
Other Current Debt	4 132 000	5 441 000	4 998 000	5 061 000
Total Current Debt	13 751 000	22 706 000	15 910 000	17 471 000
Total Equity and Debt	32 448 000	39 610 000	26 635 000	24 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,43 %	89,79 %	131,51 %	174,43 %
Debt-to-Equity Ratio	3,73	3,34	5	2,54
Operating Profit Margin	2,77 %	4,5 %	4,69 %	5,06 %
Current Ratio	1,79	1,42	1,14	0,98
Quick Ratio	−15,35	4,05	2,65	2,2
Equity Ratio	0,12	0,1	0,07	0,08
Gross Profit Margin	34,59 %	29,02 %	36,86 %	36,2 %