ASKO FORNYBAR AS

4331 ÅLGÅRD

Finances

Return on Equity

39,85 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	162 399 000	54 636 000	12 210 000	29 164 000
Net Income	78 635 000	27 153 000	−28 613 000	3 737 000
Total Assets	354 108 000	446 096 000	373 199 000	339 665 000
Total Equity	197 307 000	194 403 000	83 761 000	57 736 000

Income (NOK)	2022	2021	2020	2019
Revenue	162 399 000	54 636 000	12 210 000	29 164 000
Expenditure	52 534 000	25 845 000	30 969 000	21 860 000
Operating Profit	109 865 000	28 791 000	−18 759 000	7 304 000
Financial Income	2 370 000	10 579 000	1 066 000	580 000
Financial Costs	4 446 000	4 556 000	18 990 000	3 079 000
Financial Balance	−2 076 000	6 023 000	−17 924 000	−2 499 000
Earnings Before Tax	107 788 000	34 813 000	−36 683 000	4 805 000
Tax	29 153 000	7 660 000	−8 070 000	1 068 000
Net Income	78 635 000	27 153 000	−28 613 000	3 737 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	224 731 000	262 099 000	272 816 000	285 666 000
Total Current Assets	129 377 000	183 997 000	100 383 000	53 999 000
Total Assets	354 108 000	446 096 000	373 199 000	339 665 000
Total Retained Equity	30 057 000	27 153 000	0	3 737 000
Total Equity	197 307 000	194 403 000	83 761 000	57 736 000
Total Long-Term Debt	51 086 000	226 058 000	285 973 000	275 521 000
Total Current Debt	105 715 000	25 636 000	3 465 000	6 408 000
Total Equity and Debt	354 108 000	446 096 000	373 199 000	339 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	162 399 000	54 636 000	12 210 000	29 164 000
Revenue	162 399 000	54 636 000	12 210 000	29 164 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 801 000	1 678 000	1 619 000	1 554 000
Depreciation	13 803 000	13 803 000	13 803 000	10 352 000
Impairment	24 713 000	0	0	0
Expenditure	52 534 000	25 845 000	30 969 000	21 860 000
Operating Profit	109 865 000	28 791 000	−18 759 000	7 304 000
Financial Income	2 370 000	10 579 000	1 066 000	580 000
Financial Costs	4 446 000	4 556 000	18 990 000	3 079 000
Financial Balance	−2 076 000	6 023 000	−17 924 000	−2 499 000
Dividends	0	0	0	0
Net Income	78 635 000	27 153 000	−28 613 000	3 737 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	31 189 000	31 481 000	30 026 000	30 732 000
Machinery and Plant Facilities	193 042 000	205 215 000	217 387 000	229 531 000
Fixtures	0	0	0	0
Total Tangible Assets	224 231 000	236 696 000	247 413 000	260 262 000
Total Fiancial Fixed Assets	500 000	25 403 000	25 403 000	25 403 000
Total Fixed Assets	224 731 000	262 099 000	272 816 000	285 666 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	129 377 000	183 997 000	100 383 000	53 999 000
Total Assets	354 108 000	446 096 000	373 199 000	339 665 000
Total Equity	197 307 000	194 403 000	83 761 000	57 736 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 086 000	226 058 000	285 973 000	275 521 000
Creditors	774 000	1 147 000	1 599 000	2 684 000
Unpaid Taxes	4 362 000	3 741 000	137 000	1 562 000
Dividends	0	0	0	0
Other Current Debt	100 579 000	2 093 000	1 729 000	2 162 000
Total Current Debt	105 715 000	25 636 000	3 465 000	6 408 000
Total Equity and Debt	354 108 000	446 096 000	373 199 000	339 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,85 %	13,97 %	−34,16 %	6,47 %
Debt-to-Equity Ratio	0,26	1,16	3,41	4,77
Operating Profit Margin	67,65 %	52,7 %	−153,64 %	25,04 %
Current Ratio	1,22	7,18	28,97	8,43
Quick Ratio	1,22	7,18	28,97	8,43
Equity Ratio	0,56	0,44	0,22	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %