ÅSVIKA UTVIKLING AS

3919 PORSGRUNN

Finances

Share Ownership

Return on Equity

144,45 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 645 000	41 107 000	51 137 000	0
Net Income	6 438 000	15 717 000	18 324 000	−140 000
Total Assets	13 989 000	28 932 000	34 134 000	22 580 000
Total Equity	4 457 000	4 457 000	7 199 000	7 128 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 645 000	41 107 000	51 137 000	0
Expenditure	9 330 000	22 530 000	27 647 000	177 000
Operating Profit	7 316 000	18 578 000	23 491 000	−177 000
Financial Income	938 000	1 572 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	938 000	1 572 000	1 000	1 000
Earnings Before Tax	8 254 000	20 150 000	23 492 000	−176 000
Tax	1 816 000	4 433 000	5 168 000	−37 000
Net Income	6 438 000	15 717 000	18 324 000	−140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	19 000	1 524 000	1 000
Total Current Assets	13 971 000	28 912 000	32 609 000	22 579 000
Total Assets	13 989 000	28 932 000	34 134 000	22 580 000
Total Retained Equity	0	0	72 000	0
Total Equity	4 457 000	4 457 000	7 199 000	7 128 000
Total Long-Term Debt	0	1 000	108 000	15 146 000
Total Current Debt	9 532 000	24 475 000	26 827 000	306 000
Total Equity and Debt	13 989 000	28 932 000	34 134 000	22 580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 642 000	41 107 000	51 137 000	0
Other Income	3 000	0	0	0
Revenue	16 645 000	41 107 000	51 137 000	0
Cost of Goods Sold	8 808 000	21 795 000	26 786 000	0
Salary Costs	0	0	0	0
Depreciation	5 000	5 000	2 000	0
Impairment	0	0	0	0
Expenditure	9 330 000	22 530 000	27 647 000	177 000
Operating Profit	7 316 000	18 578 000	23 491 000	−177 000
Financial Income	938 000	1 572 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	938 000	1 572 000	1 000	1 000
Dividends	0	0	0	0
Net Income	6 438 000	15 717 000	18 324 000	−140 000

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	13 000	18 000	23 000	0
Total Tangible Assets	13 000	18 000	23 000	0
Total Fiancial Fixed Assets	4 000	1 000	1 501 000	1 000
Total Fixed Assets	18 000	19 000	1 524 000	1 000
Stock	50 000	4 604 000	13 151 000	14 952 000
Total Investments	0	0	0	0
Cash, Bank	78 000	545 000	760 000	566 000
Total Current Assets	13 971 000	28 912 000	32 609 000	22 579 000
Total Assets	13 989 000	28 932 000	34 134 000	22 580 000
Total Equity	4 457 000	4 457 000	7 199 000	7 128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	108 000	15 146 000
Creditors	0	1 447 000	931 000	261 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 532 000	23 027 000	25 802 000	46 000
Total Current Debt	9 532 000	24 475 000	26 827 000	306 000
Total Equity and Debt	13 989 000	28 932 000	34 134 000	22 580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	144,45 %	352,64 %	254,54 %	−1,96 %
Debt-to-Equity Ratio	0	0	0,02	2,12
Operating Profit Margin	43,95 %	45,19 %	45,94 %	-
Current Ratio	1,47	1,18	1,22	73,79
Quick Ratio	1,47	1,45	2,38	−1,54
Equity Ratio	0,32	0,15	0,21	0,32
Gross Profit Margin	47,08 %	46,98 %	47,62 %	-