AK HÅRDESIGN AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

20,54 %

Current Ratio

2,18

Debt-to-Equity Ratio

1,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	975 000	894 000	894 000	1 149 000
Net Income	23 000	4 000	30 000	26 000
Total Assets	473 000	489 000	525 000	549 000
Total Equity	112 000	89 000	84 000	54 000

Income (NOK)	2022	2021	2020	2019
Revenue	975 000	894 000	894 000	1 149 000
Expenditure	930 000	874 000	837 000	1 095 000
Operating Profit	44 000	21 000	57 000	53 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	15 000	16 000	19 000	20 000
Financial Balance	−14 000	−15 000	−18 000	−20 000
Earnings Before Tax	30 000	6 000	39 000	33 000
Tax	7 000	2 000	9 000	8 000
Net Income	23 000	4 000	30 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000	137 000	174 000	211 000
Total Current Assets	373 000	353 000	351 000	337 000
Total Assets	473 000	489 000	525 000	549 000
Total Retained Equity	82 000	59 000	54 000	24 000
Total Equity	112 000	89 000	84 000	54 000
Total Long-Term Debt	190 000	248 000	302 000	335 000
Total Current Debt	171 000	153 000	138 000	160 000
Total Equity and Debt	473 000	489 000	525 000	549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	938 000	894 000	894 000	1 149 000
Other Income	36 000	0	0	0
Revenue	975 000	894 000	894 000	1 149 000
Cost of Goods Sold	58 000	69 000	86 000	105 000
Salary Costs	546 000	476 000	422 000	674 000
Depreciation	37 000	37 000	37 000	37 000
Impairment	0	0	0	0
Expenditure	930 000	874 000	837 000	1 095 000
Operating Profit	44 000	21 000	57 000	53 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	15 000	16 000	19 000	20 000
Financial Balance	−14 000	−15 000	−18 000	−20 000
Dividends	0	0	0	0
Net Income	23 000	4 000	30 000	26 000

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	99 000	137 000	174 000	211 000
Total Tangible Assets	99 000	137 000	174 000	211 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	99 000	137 000	174 000	211 000
Stock	95 000	93 000	84 000	92 000
Total Investments	0	0	0	0
Cash, Bank	257 000	245 000	252 000	231 000
Total Current Assets	373 000	353 000	351 000	337 000
Total Assets	473 000	489 000	525 000	549 000
Total Equity	112 000	89 000	84 000	54 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	190 000	248 000	302 000	335 000
Creditors	5 000	15 000	13 000	21 000
Unpaid Taxes	66 000	59 000	59 000	66 000
Dividends	0	0	0	0
Other Current Debt	88 000	74 000	67 000	73 000
Total Current Debt	171 000	153 000	138 000	160 000
Total Equity and Debt	473 000	489 000	525 000	549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,54 %	4,49 %	35,71 %	48,15 %
Debt-to-Equity Ratio	1,7	2,79	3,6	6,2
Operating Profit Margin	4,51 %	2,35 %	6,38 %	4,61 %
Current Ratio	2,18	2,31	2,54	2,11
Quick Ratio	4,91	5,88	6,5	4,96
Equity Ratio	0,24	0,18	0,16	0,1
Gross Profit Margin	94,05 %	92,28 %	90,38 %	90,86 %