AUSTAD ASSURANSE AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

36,01 %

Current Ratio

0,49

Debt-to-Equity Ratio

−1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 885 000	4 788 000	4 591 000	4 261 000
Net Income	−112 000	275 000	−291 000	−1 254 000
Total Assets	759 000	738 000	845 000	710 000
Total Equity	−311 000	−199 000	−473 000	−182 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 885 000	4 788 000	4 591 000	4 261 000
Expenditure	2 966 000	4 463 000	4 798 000	5 435 000
Operating Profit	−80 000	326 000	−208 000	−1 173 000
Financial Income	0	0	0	0
Financial Costs	32 000	53 000	83 000	20 000
Financial Balance	−32 000	−53 000	−83 000	−20 000
Earnings Before Tax	−112 000	273 000	−291 000	−1 193 000
Tax	0	−2 000	0	61 000
Net Income	−112 000	275 000	−291 000	−1 254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	430 000	360 000	432 000	167 000
Total Current Assets	329 000	378 000	413 000	543 000
Total Assets	759 000	738 000	845 000	710 000
Total Retained Equity	−335 000	−223 000	−498 000	−207 000
Total Equity	−311 000	−199 000	−473 000	−182 000
Total Long-Term Debt	394 000	469 000	563 000	0
Total Current Debt	676 000	467 000	755 000	892 000
Total Equity and Debt	759 000	738 000	845 000	710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 634 000	281 000	0	0
Other Income	251 000	4 507 000	4 591 000	4 261 000
Revenue	2 885 000	4 788 000	4 591 000	4 261 000
Cost of Goods Sold	0	0	7 000	0
Salary Costs	2 085 000	3 290 000	2 951 000	3 954 000
Depreciation	62 000	61 000	67 000	83 000
Impairment	0	0	0	0
Expenditure	2 966 000	4 463 000	4 798 000	5 435 000
Operating Profit	−80 000	326 000	−208 000	−1 173 000
Financial Income	0	0	0	0
Financial Costs	32 000	53 000	83 000	20 000
Financial Balance	−32 000	−53 000	−83 000	−20 000
Dividends	0	0	0	0
Net Income	−112 000	275 000	−291 000	−1 254 000

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	319 000	360 000	421 000	84 000
Total Tangible Assets	319 000	360 000	421 000	84 000
Total Fiancial Fixed Assets	111 000	0	12 000	83 000
Total Fixed Assets	430 000	360 000	432 000	167 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	100 000	338 000	2 000	3 000
Total Current Assets	329 000	378 000	413 000	543 000
Total Assets	759 000	738 000	845 000	710 000
Total Equity	−311 000	−199 000	−473 000	−182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	394 000	469 000	563 000	0
Creditors	61 000	23 000	50 000	37 000
Unpaid Taxes	177 000	124 000	234 000	312 000
Dividends	0	0	0	0
Other Current Debt	438 000	319 000	471 000	253 000
Total Current Debt	676 000	467 000	755 000	892 000
Total Equity and Debt	759 000	738 000	845 000	710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,01 %	−138,19 %	61,52 %	689,01 %
Debt-to-Equity Ratio	−1,27	−2,36	−1,19	−0
Operating Profit Margin	−2,77 %	6,81 %	−4,53 %	−27,53 %
Current Ratio	0,49	0,81	0,55	0,61
Quick Ratio	0,49	0,81	0,55	0,61
Equity Ratio	−0,41	−0,27	−0,56	−0,26
Gross Profit Margin	100 %	100 %	99,85 %	100 %