A.G UTVIKLING AS

4515 MANDAL

Finances

Share Ownership

Return on Equity

13,85 %

Current Ratio

3,64

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 398 000	4 493 000	8 396 000	4 921 000
Net Income	313 000	546 000	998 000	503 000
Total Assets	4 790 000	5 295 000	2 613 000	1 787 000
Total Equity	2 260 000	1 947 000	1 400 000	653 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 398 000	4 493 000	8 396 000	4 921 000
Expenditure	6 893 000	3 743 000	7 077 000	4 263 000
Operating Profit	505 000	749 000	1 319 000	657 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	100 000	80 000	27 000	1 000
Financial Balance	−99 000	−79 000	−26 000	0
Earnings Before Tax	406 000	670 000	1 293 000	657 000
Tax	93 000	124 000	295 000	154 000
Net Income	313 000	546 000	998 000	503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 283 000	1 559 000	485 000	558 000
Total Current Assets	3 507 000	3 736 000	2 127 000	1 229 000
Total Assets	4 790 000	5 295 000	2 613 000	1 787 000
Total Retained Equity	2 239 000	1 926 000	1 379 000	632 000
Total Equity	2 260 000	1 947 000	1 400 000	653 000
Total Long-Term Debt	1 567 000	2 440 000	0	0
Total Current Debt	963 000	907 000	1 212 000	1 134 000
Total Equity and Debt	4 790 000	5 295 000	2 613 000	1 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 750 000	3 909 000	8 465 000	4 921 000
Other Income	−352 000	583 000	−69 000	0
Revenue	7 398 000	4 493 000	8 396 000	4 921 000
Cost of Goods Sold	5 287 000	1 540 000	5 120 000	2 356 000
Salary Costs	1 055 000	1 689 000	1 502 000	1 530 000
Depreciation	123 000	132 000	102 000	140 000
Impairment	0	0	0	0
Expenditure	6 893 000	3 743 000	7 077 000	4 263 000
Operating Profit	505 000	749 000	1 319 000	657 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	100 000	80 000	27 000	1 000
Financial Balance	−99 000	−79 000	−26 000	0
Dividends	0	0	250 000	150 000
Net Income	313 000	546 000	998 000	503 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 207 000	1 252 000	293 000	308 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	76 000	288 000	192 000	251 000
Total Tangible Assets	1 283 000	1 541 000	485 000	558 000
Total Fiancial Fixed Assets	0	18 000	0	0
Total Fixed Assets	1 283 000	1 559 000	485 000	558 000
Stock	2 679 000	2 599 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	670 000	569 000	1 780 000	698 000
Total Current Assets	3 507 000	3 736 000	2 127 000	1 229 000
Total Assets	4 790 000	5 295 000	2 613 000	1 787 000
Total Equity	2 260 000	1 947 000	1 400 000	653 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 567 000	2 440 000	0	0
Creditors	676 000	207 000	284 000	439 000
Unpaid Taxes	38 000	203 000	207 000	138 000
Dividends	0	0	250 000	150 000
Other Current Debt	152 000	378 000	226 000	253 000
Total Current Debt	963 000	907 000	1 212 000	1 134 000
Total Equity and Debt	4 790 000	5 295 000	2 613 000	1 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,85 %	28,04 %	71,29 %	77,03 %
Debt-to-Equity Ratio	0,69	1,25	0	0
Operating Profit Margin	6,83 %	16,67 %	15,71 %	13,35 %
Current Ratio	3,64	4,12	1,75	1,08
Quick Ratio	−2,04	−2,21	1,77	1,09
Equity Ratio	0,47	0,37	0,54	0,37
Gross Profit Margin	28,53 %	65,72 %	39,02 %	52,12 %