AABAKKEN ELEKTRO AS

1388 BORGEN

Finances

Share Ownership

Return on Equity

43,53 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 718 000	2 137 000	3 463 000	1 702 000
Net Income	390 000	101 000	148 000	233 000
Total Assets	1 465 000	1 113 000	852 000	1 373 000
Total Equity	896 000	506 000	405 000	263 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 718 000	2 137 000	3 463 000	1 702 000
Expenditure	2 216 000	2 007 000	3 273 000	1 405 000
Operating Profit	500 000	129 000	190 000	297 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	500 000	129 000	190 000	297 000
Tax	110 000	28 000	42 000	64 000
Net Income	390 000	101 000	148 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	142 000	194 000	262 000	331 000
Total Current Assets	1 323 000	919 000	590 000	1 042 000
Total Assets	1 465 000	1 113 000	852 000	1 373 000
Total Retained Equity	866 000	476 000	375 000	233 000
Total Equity	896 000	506 000	405 000	263 000
Total Long-Term Debt	4 000	10 000	14 000	358 000
Total Current Debt	565 000	598 000	433 000	753 000
Total Equity and Debt	1 465 000	1 113 000	852 000	1 373 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 718 000	2 129 000	3 471 000	1 702 000
Other Income	0	8 000	−8 000	0
Revenue	2 718 000	2 137 000	3 463 000	1 702 000
Cost of Goods Sold	981 000	875 000	1 170 000	619 000
Salary Costs	961 000	891 000	1 792 000	663 000
Depreciation	69 000	68 000	68 000	11 000
Impairment	0	0	0	0
Expenditure	2 216 000	2 007 000	3 273 000	1 405 000
Operating Profit	500 000	129 000	190 000	297 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	390 000	101 000	148 000	233 000

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	142 000	194 000	262 000	331 000
Total Tangible Assets	142 000	194 000	262 000	331 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	142 000	194 000	262 000	331 000
Stock	22 000	37 000	44 000	30 000
Total Investments	0	0	0	0
Cash, Bank	1 033 000	788 000	382 000	825 000
Total Current Assets	1 323 000	919 000	590 000	1 042 000
Total Assets	1 465 000	1 113 000	852 000	1 373 000
Total Equity	896 000	506 000	405 000	263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	10 000	14 000	358 000
Creditors	126 000	279 000	95 000	301 000
Unpaid Taxes	156 000	124 000	124 000	215 000
Dividends	0	0	0	0
Other Current Debt	168 000	162 000	170 000	187 000
Total Current Debt	565 000	598 000	433 000	753 000
Total Equity and Debt	1 465 000	1 113 000	852 000	1 373 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,53 %	19,96 %	36,54 %	88,59 %
Debt-to-Equity Ratio	0	0,02	0,03	1,36
Operating Profit Margin	18,4 %	6,04 %	5,49 %	17,45 %
Current Ratio	2,34	1,54	1,36	1,38
Quick Ratio	2,44	1,64	1,52	1,44
Equity Ratio	0,61	0,45	0,48	0,19
Gross Profit Margin	63,91 %	59,05 %	66,21 %	63,63 %