ÅFJORD LANDBRUKSVERKSTED AS

7170 ÅFJORD

Finances

Return on Equity

16 %

Current Ratio

2,18

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 882 000	54 908 000	52 677 000	55 991 000
Net Income	1 234 000	886 000	965 000	787 000
Total Assets	15 211 000	13 869 000	8 199 000	7 216 000
Total Equity	7 712 000	6 478 000	5 592 000	4 627 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 882 000	54 908 000	52 677 000	55 991 000
Expenditure	67 292 000	53 765 000	51 427 000	54 975 000
Operating Profit	1 591 000	1 142 000	1 251 000	1 016 000
Financial Income	20 000	15 000	10 000	25 000
Financial Costs	28 000	21 000	24 000	32 000
Financial Balance	−8 000	−6 000	−14 000	−7 000
Earnings Before Tax	1 582 000	1 136 000	1 237 000	1 009 000
Tax	348 000	250 000	272 000	222 000
Net Income	1 234 000	886 000	965 000	787 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 010 000	6 254 000	2 308 000	2 584 000
Total Current Assets	9 201 000	7 614 000	5 892 000	4 632 000
Total Assets	15 211 000	13 869 000	8 199 000	7 216 000
Total Retained Equity	7 212 000	5 978 000	5 092 000	4 127 000
Total Equity	7 712 000	6 478 000	5 592 000	4 627 000
Total Long-Term Debt	3 287 000	3 613 000	366 000	407 000
Total Current Debt	4 211 000	3 778 000	2 241 000	2 181 000
Total Equity and Debt	15 211 000	13 869 000	8 199 000	7 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 180 000	54 273 000	52 473 000	55 809 000
Other Income	702 000	635 000	204 000	182 000
Revenue	68 882 000	54 908 000	52 677 000	55 991 000
Cost of Goods Sold	55 320 000	42 321 000	41 124 000	44 300 000
Salary Costs	8 242 000	7 441 000	7 141 000	7 121 000
Depreciation	755 000	424 000	285 000	294 000
Impairment	0	0	0	0
Expenditure	67 292 000	53 765 000	51 427 000	54 975 000
Operating Profit	1 591 000	1 142 000	1 251 000	1 016 000
Financial Income	20 000	15 000	10 000	25 000
Financial Costs	28 000	21 000	24 000	32 000
Financial Balance	−8 000	−6 000	−14 000	−7 000
Dividends	0	0	0	0
Net Income	1 234 000	886 000	965 000	787 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	17 000	9 000
Real Eastate	1 455 000	1 554 000	1 652 000	1 750 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 554 000	4 701 000	639 000	825 000
Total Tangible Assets	6 009 000	6 254 000	2 291 000	2 575 000
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	6 010 000	6 254 000	2 308 000	2 584 000
Stock	2 576 000	2 483 000	2 220 000	2 265 000
Total Investments	0	0	0	0
Cash, Bank	5 884 000	4 716 000	3 461 000	1 980 000
Total Current Assets	9 201 000	7 614 000	5 892 000	4 632 000
Total Assets	15 211 000	13 869 000	8 199 000	7 216 000
Total Equity	7 712 000	6 478 000	5 592 000	4 627 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 287 000	3 613 000	366 000	407 000
Creditors	2 462 000	2 355 000	676 000	712 000
Unpaid Taxes	370 000	356 000	355 000	343 000
Dividends	0	0	0	0
Other Current Debt	1 076 000	957 000	931 000	897 000
Total Current Debt	4 211 000	3 778 000	2 241 000	2 181 000
Total Equity and Debt	15 211 000	13 869 000	8 199 000	7 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16 %	13,68 %	17,26 %	17,01 %
Debt-to-Equity Ratio	0,43	0,56	0,07	0,09
Operating Profit Margin	2,31 %	2,08 %	2,37 %	1,81 %
Current Ratio	2,18	2,02	2,63	2,12
Quick Ratio	5,63	5,88	280,57	−55,14
Equity Ratio	0,51	0,47	0,68	0,64
Gross Profit Margin	19,69 %	22,92 %	21,93 %	20,88 %