AK ELEKTRISKE AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

39,67 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 293 000	1 721 000	1 810 000	315 000
Net Income	217 000	26 000	349 000	−69 000
Total Assets	1 237 000	921 000	805 000	316 000
Total Equity	547 000	330 000	304 000	−45 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 293 000	1 721 000	1 810 000	315 000
Expenditure	2 136 000	1 682 000	1 247 000	372 000
Operating Profit	157 000	40 000	563 000	−57 000
Financial Income	0	0	0	0
Financial Costs	6 000	7 000	8 000	12 000
Financial Balance	−6 000	−7 000	−8 000	−12 000
Earnings Before Tax	151 000	34 000	555 000	−69 000
Tax	−66 000	7 000	206 000	0
Net Income	217 000	26 000	349 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 000	261 000	331 000	177 000
Total Current Assets	1 062 000	661 000	474 000	139 000
Total Assets	1 237 000	921 000	805 000	316 000
Total Retained Equity	517 000	306 000	280 000	−69 000
Total Equity	547 000	330 000	304 000	−45 000
Total Long-Term Debt	75 000	104 000	140 000	220 000
Total Current Debt	615 000	487 000	361 000	141 000
Total Equity and Debt	1 237 000	921 000	805 000	316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 293 000	1 721 000	1 810 000	315 000
Other Income	0	0	0	0
Revenue	2 293 000	1 721 000	1 810 000	315 000
Cost of Goods Sold	576 000	450 000	427 000	131 000
Salary Costs	1 022 000	838 000	426 000	16 000
Depreciation	85 000	87 000	57 000	23 000
Impairment	0	0	0	0
Expenditure	2 136 000	1 682 000	1 247 000	372 000
Operating Profit	157 000	40 000	563 000	−57 000
Financial Income	0	0	0	0
Financial Costs	6 000	7 000	8 000	12 000
Financial Balance	−6 000	−7 000	−8 000	−12 000
Dividends	0	0	0	0
Net Income	217 000	26 000	349 000	−69 000

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	175 000	261 000	331 000	177 000
Total Tangible Assets	175 000	261 000	331 000	177 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	175 000	261 000	331 000	177 000
Stock	198 000	164 000	103 000	31 000
Total Investments	0	0	0	0
Cash, Bank	488 000	87 000	136 000	55 000
Total Current Assets	1 062 000	661 000	474 000	139 000
Total Assets	1 237 000	921 000	805 000	316 000
Total Equity	547 000	330 000	304 000	−45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 000	104 000	140 000	220 000
Creditors	230 000	104 000	49 000	33 000
Unpaid Taxes	239 000	180 000	62 000	7 000
Dividends	0	0	0	0
Other Current Debt	106 000	86 000	44 000	101 000
Total Current Debt	615 000	487 000	361 000	141 000
Total Equity and Debt	1 237 000	921 000	805 000	316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,67 %	7,88 %	114,8 %	153,33 %
Debt-to-Equity Ratio	0,14	0,32	0,46	−4,89
Operating Profit Margin	6,85 %	2,32 %	31,1 %	−18,1 %
Current Ratio	1,73	1,36	1,31	0,99
Quick Ratio	2,55	2,05	1,84	1,26
Equity Ratio	0,44	0,36	0,38	−0,14
Gross Profit Margin	74,88 %	73,85 %	76,41 %	58,41 %