AARSKOG ELEKTRO AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

27,52 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 771 000	14 824 000	12 729 000	13 434 000
Net Income	1 355 000	1 239 000	1 256 000	1 752 000
Total Assets	11 075 000	9 998 000	7 171 000	7 069 000
Total Equity	4 923 000	4 468 000	4 429 000	4 373 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 771 000	14 824 000	12 729 000	13 434 000
Expenditure	14 976 000	13 238 000	11 114 000	11 185 000
Operating Profit	1 794 000	1 586 000	1 613 000	2 249 000
Financial Income	4 000	4 000	2 000	3 000
Financial Costs	60 000	2 000	3 000	5 000
Financial Balance	−56 000	2 000	−1 000	−2 000
Earnings Before Tax	1 738 000	1 588 000	1 612 000	2 246 000
Tax	382 000	349 000	357 000	494 000
Net Income	1 355 000	1 239 000	1 256 000	1 752 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 704 000	2 607 000	101 000	99 000
Total Current Assets	8 371 000	7 390 000	7 071 000	6 970 000
Total Assets	11 075 000	9 998 000	7 171 000	7 069 000
Total Retained Equity	4 580 000	4 124 000	4 085 000	4 030 000
Total Equity	4 923 000	4 468 000	4 429 000	4 373 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 152 000	5 530 000	2 742 000	2 696 000
Total Equity and Debt	11 075 000	9 998 000	7 171 000	7 069 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 709 000	14 824 000	12 729 000	13 434 000
Other Income	63 000	0	0	0
Revenue	16 771 000	14 824 000	12 729 000	13 434 000
Cost of Goods Sold	9 632 000	8 389 000	6 719 000	6 771 000
Salary Costs	4 339 000	3 818 000	3 595 000	3 470 000
Depreciation	136 000	21 000	32 000	48 000
Impairment	0	0	0	0
Expenditure	14 976 000	13 238 000	11 114 000	11 185 000
Operating Profit	1 794 000	1 586 000	1 613 000	2 249 000
Financial Income	4 000	4 000	2 000	3 000
Financial Costs	60 000	2 000	3 000	5 000
Financial Balance	−56 000	2 000	−1 000	−2 000
Dividends	900 000	1 200 000	1 200 000	0
Net Income	1 355 000	1 239 000	1 256 000	1 752 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	23 000
Total Intangible Assets	52 000	48 000	53 000	80 000
Real Eastate	2 496 000	2 515 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	45 000	48 000	19 000
Total Tangible Assets	2 652 000	2 560 000	48 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 704 000	2 607 000	101 000	99 000
Stock	389 000	383 000	433 000	427 000
Total Investments	0	0	0	0
Cash, Bank	1 175 000	1 376 000	1 704 000	1 943 000
Total Current Assets	8 371 000	7 390 000	7 071 000	6 970 000
Total Assets	11 075 000	9 998 000	7 171 000	7 069 000
Total Equity	4 923 000	4 468 000	4 429 000	4 373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 282 000	867 000	824 000	789 000
Unpaid Taxes	1 304 000	958 000	873 000	750 000
Dividends	900 000	1 200 000	1 200 000	0
Other Current Debt	3 179 000	3 361 000	693 000	653 000
Total Current Debt	6 152 000	5 530 000	2 742 000	2 696 000
Total Equity and Debt	11 075 000	9 998 000	7 171 000	7 069 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,52 %	27,73 %	28,36 %	40,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,7 %	10,7 %	12,67 %	16,74 %
Current Ratio	1,36	1,34	2,58	2,59
Quick Ratio	1,45	1,44	3,06	3,07
Equity Ratio	0,44	0,45	0,62	0,62
Gross Profit Margin	42,57 %	43,41 %	47,22 %	49,6 %