IVAR AASENGATE 10 AS

6150 ØRSTA

Finances

Return on Equity

11,07 %

Current Ratio

1,05

Debt-to-Equity Ratio

3,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 766 000	6 553 000	6 208 000	5 441 000
Net Income	1 984 000	1 815 000	1 690 000	827 000
Total Assets	76 805 000	77 068 000	78 014 000	78 278 000
Total Equity	17 926 000	16 942 000	15 128 000	13 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 766 000	6 553 000	6 208 000	5 441 000
Expenditure	2 518 000	2 629 000	2 364 000	2 410 000
Operating Profit	4 248 000	3 924 000	3 844 000	3 031 000
Financial Income	33 000	1 000	2 000	12 000
Financial Costs	1 737 000	1 598 000	1 680 000	1 970 000
Financial Balance	−1 704 000	−1 597 000	−1 678 000	−1 958 000
Earnings Before Tax	2 544 000	2 326 000	2 166 000	1 073 000
Tax	560 000	512 000	477 000	245 000
Net Income	1 984 000	1 815 000	1 690 000	827 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 855 000	75 917 000	77 629 000	77 986 000
Total Current Assets	1 951 000	1 151 000	385 000	292 000
Total Assets	76 805 000	77 068 000	78 014 000	78 278 000
Total Retained Equity	5 926 000	4 942 000	3 128 000	1 438 000
Total Equity	17 926 000	16 942 000	15 128 000	13 438 000
Total Long-Term Debt	57 022 000	59 251 000	62 450 000	64 298 000
Total Current Debt	1 856 000	874 000	436 000	542 000
Total Equity and Debt	76 805 000	77 068 000	78 014 000	78 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 766 000	6 542 000	6 172 000	5 441 000
Other Income	0	11 000	36 000	0
Revenue	6 766 000	6 553 000	6 208 000	5 441 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 063 000	2 063 000	2 023 000	2 006 000
Impairment	0	0	0	0
Expenditure	2 518 000	2 629 000	2 364 000	2 410 000
Operating Profit	4 248 000	3 924 000	3 844 000	3 031 000
Financial Income	33 000	1 000	2 000	12 000
Financial Costs	1 737 000	1 598 000	1 680 000	1 970 000
Financial Balance	−1 704 000	−1 597 000	−1 678 000	−1 958 000
Dividends	1 000 000	0	0	0
Net Income	1 984 000	1 815 000	1 690 000	827 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	72 857 000	74 854 000	76 798 000	77 929 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	198 000	263 000	32 000	57 000
Total Tangible Assets	73 055 000	75 117 000	76 829 000	77 986 000
Total Fiancial Fixed Assets	1 800 000	800 000	800 000	0
Total Fixed Assets	74 855 000	75 917 000	77 629 000	77 986 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 402 000	880 000	330 000	167 000
Total Current Assets	1 951 000	1 151 000	385 000	292 000
Total Assets	76 805 000	77 068 000	78 014 000	78 278 000
Total Equity	17 926 000	16 942 000	15 128 000	13 438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	57 022 000	59 251 000	62 450 000	64 298 000
Creditors	325 000	21 000	22 000	376 000
Unpaid Taxes	0	7 000	0	0
Dividends	1 000 000	0	0	0
Other Current Debt	0	393 000	175 000	166 000
Total Current Debt	1 856 000	874 000	436 000	542 000
Total Equity and Debt	76 805 000	77 068 000	78 014 000	78 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,07 %	10,71 %	11,17 %	6,15 %
Debt-to-Equity Ratio	3,18	3,5	4,13	4,78
Operating Profit Margin	62,78 %	59,88 %	61,92 %	55,71 %
Current Ratio	1,05	1,32	0,88	0,54
Quick Ratio	1,05	1,32	0,88	0,54
Equity Ratio	0,23	0,22	0,19	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %