ANK AS

2005 RÆLINGEN

Finances

Return on Equity

38,67 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 043 000	27 563 000	21 782 000	57 000
Net Income	852 000	134 000	1 766 000	−276 000
Total Assets	6 577 000	8 026 000	3 056 000	134 000
Total Equity	2 203 000	1 350 000	1 216 000	−249 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 043 000	27 563 000	21 782 000	57 000
Expenditure	36 566 000	26 721 000	19 474 000	331 000
Operating Profit	1 477 000	842 000	2 308 000	−274 000
Financial Income	128 000	15 000	97 000	0
Financial Costs	491 000	675 000	219 000	0
Financial Balance	−363 000	−660 000	−122 000	0
Earnings Before Tax	1 114 000	183 000	2 187 000	−274 000
Tax	262 000	48 000	421 000	2 000
Net Income	852 000	134 000	1 766 000	−276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	947 000	316 000	394 000	0
Total Current Assets	5 630 000	7 709 000	2 662 000	134 000
Total Assets	6 577 000	8 026 000	3 056 000	134 000
Total Retained Equity	2 173 000	1 320 000	1 186 000	−279 000
Total Equity	2 203 000	1 350 000	1 216 000	−249 000
Total Long-Term Debt	1 505 000	275 000	642 000	110 000
Total Current Debt	2 870 000	6 400 000	1 198 000	273 000
Total Equity and Debt	6 577 000	8 026 000	3 056 000	134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 023 000	27 563 000	21 782 000	57 000
Other Income	20 000	0	0	0
Revenue	38 043 000	27 563 000	21 782 000	57 000
Cost of Goods Sold	27 340 000	21 682 000	16 339 000	0
Salary Costs	4 536 000	2 668 000	1 635 000	158 000
Depreciation	215 000	77 000	29 000	0
Impairment	0	0	0	0
Expenditure	36 566 000	26 721 000	19 474 000	331 000
Operating Profit	1 477 000	842 000	2 308 000	−274 000
Financial Income	128 000	15 000	97 000	0
Financial Costs	491 000	675 000	219 000	0
Financial Balance	−363 000	−660 000	−122 000	0
Dividends	0	0	300 000	0
Net Income	852 000	134 000	1 766 000	−276 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	913 000	286 000	364 000	0
Total Tangible Assets	913 000	286 000	364 000	0
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	947 000	316 000	394 000	0
Stock	970 000	5 062 000	0	0
Total Investments	0	0	0	0
Cash, Bank	871 000	1 643 000	2 349 000	86 000
Total Current Assets	5 630 000	7 709 000	2 662 000	134 000
Total Assets	6 577 000	8 026 000	3 056 000	134 000
Total Equity	2 203 000	1 350 000	1 216 000	−249 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 505 000	275 000	642 000	110 000
Creditors	1 596 000	5 851 000	200 000	28 000
Unpaid Taxes	610 000	241 000	113 000	55 000
Dividends	0	0	300 000	0
Other Current Debt	388 000	258 000	175 000	190 000
Total Current Debt	2 870 000	6 400 000	1 198 000	273 000
Total Equity and Debt	6 577 000	8 026 000	3 056 000	134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,67 %	9,93 %	145,23 %	110,84 %
Debt-to-Equity Ratio	0,68	0,2	0,53	−0,44
Operating Profit Margin	3,88 %	3,05 %	10,6 %	−480,7 %
Current Ratio	1,96	1,2	2,22	0,49
Quick Ratio	2,96	5,76	2,22	0,49
Equity Ratio	0,33	0,17	0,4	−1,86
Gross Profit Margin	28,13 %	21,34 %	24,99 %	100 %