ASFALTFRES RANA AS

8613 MO I RANA

Finances

Share Ownership

Return on Equity

25,99 %

Current Ratio

4,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 555 000	3 693 000	4 630 000	2 068 000
Net Income	573 000	267 000	592 000	181 000
Total Assets	2 874 000	2 450 000	1 881 000	1 237 000
Total Equity	2 205 000	1 633 000	1 365 000	773 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 555 000	3 693 000	4 630 000	2 068 000
Expenditure	4 826 000	3 347 000	3 864 000	1 837 000
Operating Profit	729 000	347 000	765 000	231 000
Financial Income	7 000	0	0	0
Financial Costs	1 000	0	3 000	1 000
Financial Balance	6 000	0	−3 000	−1 000
Earnings Before Tax	735 000	347 000	762 000	231 000
Tax	163 000	80 000	170 000	50 000
Net Income	573 000	267 000	592 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	98 000	63 000	0
Total Current Assets	2 813 000	2 353 000	1 818 000	1 237 000
Total Assets	2 874 000	2 450 000	1 881 000	1 237 000
Total Retained Equity	1 613 000	1 040 000	773 000	181 000
Total Equity	2 205 000	1 633 000	1 365 000	773 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	669 000	818 000	516 000	464 000
Total Equity and Debt	2 874 000	2 450 000	1 881 000	1 237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 556 000	3 692 000	4 506 000	2 068 000
Other Income	−1 000	1 000	124 000	0
Revenue	5 555 000	3 693 000	4 630 000	2 068 000
Cost of Goods Sold	295 000	75 000	1 513 000	133 000
Salary Costs	1 590 000	951 000	820 000	594 000
Depreciation	46 000	35 000	12 000	0
Impairment	0	0	0	0
Expenditure	4 826 000	3 347 000	3 864 000	1 837 000
Operating Profit	729 000	347 000	765 000	231 000
Financial Income	7 000	0	0	0
Financial Costs	1 000	0	3 000	1 000
Financial Balance	6 000	0	−3 000	−1 000
Dividends	0	0	0	0
Net Income	573 000	267 000	592 000	181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	38 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	40 000	23 000	0	0
Fixtures	12 000	36 000	61 000	0
Total Tangible Assets	52 000	60 000	61 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	61 000	98 000	63 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 372 000	2 120 000	1 639 000	1 090 000
Total Current Assets	2 813 000	2 353 000	1 818 000	1 237 000
Total Assets	2 874 000	2 450 000	1 881 000	1 237 000
Total Equity	2 205 000	1 633 000	1 365 000	773 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	228 000	218 000	180 000	278 000
Unpaid Taxes	146 000	225 000	71 000	73 000
Dividends	0	0	0	0
Other Current Debt	161 000	260 000	92 000	63 000
Total Current Debt	669 000	818 000	516 000	464 000
Total Equity and Debt	2 874 000	2 450 000	1 881 000	1 237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,99 %	16,35 %	43,37 %	23,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,12 %	9,4 %	16,52 %	11,17 %
Current Ratio	4,2	2,88	3,52	2,67
Quick Ratio	4,2	2,88	3,52	2,67
Equity Ratio	0,77	0,67	0,73	0,62
Gross Profit Margin	94,69 %	97,97 %	67,32 %	93,57 %