ASIA NORWAY AS

7024 TRONDHEIM

Finances

Share Ownership

Return on Equity

29,73 %

Current Ratio

17,14

Debt-to-Equity Ratio

0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 120 000	1 466 000	1 003 000	988 000
Net Income	289 000	411 000	124 000	109 000
Total Assets	2 057 000	852 000	733 000	206 000
Total Equity	972 000	683 000	272 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 120 000	1 466 000	1 003 000	988 000
Expenditure	1 643 000	959 000	891 000	839 000
Operating Profit	477 000	507 000	112 000	150 000
Financial Income	38 000	25 000	47 000	0
Financial Costs	146 000	6 000	2 000	12 000
Financial Balance	−108 000	19 000	45 000	−12 000
Earnings Before Tax	370 000	527 000	157 000	138 000
Tax	82 000	116 000	34 000	29 000
Net Income	289 000	411 000	124 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	0	0
Total Current Assets	2 057 000	852 000	733 000	206 000
Total Assets	2 057 000	852 000	733 000	206 000
Total Retained Equity	922 000	643 000	232 000	109 000
Total Equity	972 000	683 000	272 000	149 000
Total Long-Term Debt	965 000	0	0	0
Total Current Debt	120 000	169 000	460 000	57 000
Total Equity and Debt	2 057 000	852 000	733 000	206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 120 000	1 466 000	1 003 000	988 000
Other Income	0	0	0	0
Revenue	2 120 000	1 466 000	1 003 000	988 000
Cost of Goods Sold	1 142 000	644 000	651 000	706 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 643 000	959 000	891 000	839 000
Operating Profit	477 000	507 000	112 000	150 000
Financial Income	38 000	25 000	47 000	0
Financial Costs	146 000	6 000	2 000	12 000
Financial Balance	−108 000	19 000	45 000	−12 000
Dividends	0	0	0	0
Net Income	289 000	411 000	124 000	109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 000	0	0
Stock	920 000	358 000	74 000	121 000
Total Investments	0	0	0	0
Cash, Bank	1 008 000	164 000	132 000	78 000
Total Current Assets	2 057 000	852 000	733 000	206 000
Total Assets	2 057 000	852 000	733 000	206 000
Total Equity	972 000	683 000	272 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	965 000	0	0	0
Creditors	0	0	379 000	3 000
Unpaid Taxes	39 000	49 000	48 000	26 000
Dividends	0	0	0	0
Other Current Debt	0	3 000	0	0
Total Current Debt	120 000	169 000	460 000	57 000
Total Equity and Debt	2 057 000	852 000	733 000	206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,73 %	60,18 %	45,59 %	73,15 %
Debt-to-Equity Ratio	0,99	0	0	0
Operating Profit Margin	22,5 %	34,58 %	11,17 %	15,18 %
Current Ratio	17,14	5,04	1,59	3,61
Quick Ratio	−2,57	−4,51	1,9	−3,22
Equity Ratio	0,47	0,8	0,37	0,72
Gross Profit Margin	46,13 %	56,07 %	35,09 %	28,54 %