DOUBLE A AS

3712 SKIEN

Finances

Share Ownership

Return on Equity

−497,83 %

Current Ratio

0,81

Debt-to-Equity Ratio

11,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 809 000	5 955 000	4 927 000	8 185 000
Net Income	−458 000	13 000	−470 000	74 000
Total Assets	1 727 000	2 446 000	2 754 000	3 763 000
Total Equity	92 000	549 000	536 000	1 006 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 809 000	5 955 000	4 927 000	8 185 000
Expenditure	6 178 000	5 857 000	5 458 000	8 024 000
Operating Profit	−369 000	97 000	−529 000	160 000
Financial Income	0	0	3 000	1 000
Financial Costs	67 000	73 000	77 000	69 000
Financial Balance	−67 000	−73 000	−74 000	−68 000
Earnings Before Tax	−436 000	25 000	−603 000	92 000
Tax	22 000	11 000	−133 000	19 000
Net Income	−458 000	13 000	−470 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 251 000	1 597 000	1 933 000	2 229 000
Total Current Assets	476 000	849 000	820 000	1 535 000
Total Assets	1 727 000	2 446 000	2 754 000	3 763 000
Total Retained Equity	−208 000	249 000	236 000	706 000
Total Equity	92 000	549 000	536 000	1 006 000
Total Long-Term Debt	1 045 000	1 237 000	1 579 000	1 748 000
Total Current Debt	591 000	660 000	639 000	1 009 000
Total Equity and Debt	1 727 000	2 446 000	2 754 000	3 763 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 809 000	5 832 000	4 879 000	8 185 000
Other Income	0	123 000	48 000	0
Revenue	5 809 000	5 955 000	4 927 000	8 185 000
Cost of Goods Sold	1 835 000	1 574 000	1 316 000	1 552 000
Salary Costs	3 099 000	2 766 000	2 578 000	3 769 000
Depreciation	369 000	383 000	406 000	422 000
Impairment	0	0	0	0
Expenditure	6 178 000	5 857 000	5 458 000	8 024 000
Operating Profit	−369 000	97 000	−529 000	160 000
Financial Income	0	0	3 000	1 000
Financial Costs	67 000	73 000	77 000	69 000
Financial Balance	−67 000	−73 000	−74 000	−68 000
Dividends	0	0	0	0
Net Income	−458 000	13 000	−470 000	74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	127 000	0
Real Eastate	836 000	967 000	1 098 000	1 228 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	415 000	630 000	709 000	1 000 000
Total Tangible Assets	1 251 000	1 597 000	1 807 000	2 229 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 251 000	1 597 000	1 933 000	2 229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	256 000	795 000	729 000	511 000
Total Current Assets	476 000	849 000	820 000	1 535 000
Total Assets	1 727 000	2 446 000	2 754 000	3 763 000
Total Equity	92 000	549 000	536 000	1 006 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 045 000	1 237 000	1 579 000	1 748 000
Creditors	143 000	84 000	77 000	151 000
Unpaid Taxes	181 000	290 000	287 000	446 000
Dividends	0	0	0	0
Other Current Debt	268 000	286 000	275 000	399 000
Total Current Debt	591 000	660 000	639 000	1 009 000
Total Equity and Debt	1 727 000	2 446 000	2 754 000	3 763 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−497,83 %	2,37 %	−87,69 %	7,36 %
Debt-to-Equity Ratio	11,36	2,25	2,95	1,74
Operating Profit Margin	−6,35 %	1,63 %	−10,74 %	1,95 %
Current Ratio	0,81	1,29	1,28	1,52
Quick Ratio	0,81	1,29	1,28	1,52
Equity Ratio	0,05	0,22	0,19	0,27
Gross Profit Margin	68,41 %	73,57 %	73,29 %	81,04 %