ANDRINES VELVÆRE AS

2760 BRANDBU

Finances

Share Ownership

Return on Equity

38,84 %

Current Ratio

0,34

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 085 000	1 923 000	1 521 000	1 702 000
Net Income	−188 000	21 000	10 000	−34 000
Total Assets	324 000	418 000	373 000	280 000
Total Equity	−484 000	−296 000	−318 000	−327 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 085 000	1 923 000	1 521 000	1 702 000
Expenditure	2 266 000	1 892 000	1 498 000	1 726 000
Operating Profit	−181 000	31 000	22 000	−24 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	8 000	11 000	14 000	12 000
Financial Balance	−7 000	−10 000	−13 000	−11 000
Earnings Before Tax	−188 000	21 000	10 000	−34 000
Tax	0	0	0	0
Net Income	−188 000	21 000	10 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	27 000	18 000	51 000
Total Current Assets	285 000	391 000	355 000	228 000
Total Assets	324 000	418 000	373 000	280 000
Total Retained Equity	−524 000	−336 000	−358 000	−367 000
Total Equity	−484 000	−296 000	−318 000	−327 000
Total Long-Term Debt	−38 000	109 000	191 000	140 000
Total Current Debt	845 000	605 000	500 000	467 000
Total Equity and Debt	324 000	418 000	373 000	280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 997 000	1 872 000	1 502 000	1 702 000
Other Income	88 000	51 000	18 000	0
Revenue	2 085 000	1 923 000	1 521 000	1 702 000
Cost of Goods Sold	375 000	412 000	327 000	270 000
Salary Costs	1 377 000	1 102 000	766 000	972 000
Depreciation	13 000	11 000	33 000	37 000
Impairment	0	0	0	0
Expenditure	2 266 000	1 892 000	1 498 000	1 726 000
Operating Profit	−181 000	31 000	22 000	−24 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	8 000	11 000	14 000	12 000
Financial Balance	−7 000	−10 000	−13 000	−11 000
Dividends	0	0	0	0
Net Income	−188 000	21 000	10 000	−34 000

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	39 000	27 000	18 000	51 000
Total Tangible Assets	39 000	27 000	18 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	27 000	18 000	51 000
Stock	207 000	143 000	134 000	149 000
Total Investments	0	0	0	0
Cash, Bank	18 000	231 000	211 000	41 000
Total Current Assets	285 000	391 000	355 000	228 000
Total Assets	324 000	418 000	373 000	280 000
Total Equity	−484 000	−296 000	−318 000	−327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−38 000	109 000	191 000	140 000
Creditors	232 000	75 000	81 000	110 000
Unpaid Taxes	151 000	150 000	98 000	98 000
Dividends	0	0	0	0
Other Current Debt	463 000	379 000	321 000	258 000
Total Current Debt	845 000	605 000	500 000	467 000
Total Equity and Debt	324 000	418 000	373 000	280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,84 %	−7,09 %	−3,14 %	10,4 %
Debt-to-Equity Ratio	0,08	−0,37	−0,6	−0,43
Operating Profit Margin	−8,68 %	1,61 %	1,45 %	−1,41 %
Current Ratio	0,34	0,65	0,71	0,49
Quick Ratio	0,45	0,85	0,97	0,72
Equity Ratio	−1,49	−0,71	−0,85	−1,17
Gross Profit Margin	82,01 %	78,58 %	78,5 %	84,14 %