ASCAN AS

1392 VETTRE

Finances

Return on Equity

80,56 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 691 000	24 285 000	20 846 000	18 182 000
Net Income	11 959 000	7 917 000	6 138 000	3 878 000
Total Assets	21 606 000	16 300 000	13 889 000	9 357 000
Total Equity	14 845 000	3 021 000	9 159 000	5 009 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 691 000	24 285 000	20 846 000	18 182 000
Expenditure	15 036 000	14 496 000	13 045 000	13 152 000
Operating Profit	14 654 000	9 789 000	7 801 000	5 029 000
Financial Income	729 000	390 000	96 000	20 000
Financial Costs	35 000	23 000	22 000	16 000
Financial Balance	694 000	367 000	74 000	4 000
Earnings Before Tax	15 348 000	10 156 000	7 875 000	5 033 000
Tax	3 389 000	2 240 000	1 737 000	1 155 000
Net Income	11 959 000	7 917 000	6 138 000	3 878 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 757 000	3 881 000	3 426 000	3 381 000
Total Current Assets	17 849 000	12 419 000	10 462 000	5 976 000
Total Assets	21 606 000	16 300 000	13 889 000	9 357 000
Total Retained Equity	12 981 000	1 157 000	7 295 000	3 145 000
Total Equity	14 845 000	3 021 000	9 159 000	5 009 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 761 000	13 279 000	4 730 000	4 347 000
Total Equity and Debt	21 606 000	16 300 000	13 889 000	9 357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 557 000	24 285 000	20 801 000	18 109 000
Other Income	134 000	0	45 000	72 000
Revenue	29 691 000	24 285 000	20 846 000	18 182 000
Cost of Goods Sold	3 129 000	2 331 000	1 565 000	1 179 000
Salary Costs	8 215 000	8 989 000	7 995 000	8 379 000
Depreciation	1 004 000	801 000	751 000	691 000
Impairment	0	0	0	0
Expenditure	15 036 000	14 496 000	13 045 000	13 152 000
Operating Profit	14 654 000	9 789 000	7 801 000	5 029 000
Financial Income	729 000	390 000	96 000	20 000
Financial Costs	35 000	23 000	22 000	16 000
Financial Balance	694 000	367 000	74 000	4 000
Dividends	0	14 055 000	1 989 000	0
Net Income	11 959 000	7 917 000	6 138 000	3 878 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	117 000	76 000	77 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 382 000	1 546 000	1 090 000	1 071 000
Total Tangible Assets	1 382 000	1 546 000	1 090 000	1 071 000
Total Fiancial Fixed Assets	2 259 000	2 259 000	2 259 000	2 259 000
Total Fixed Assets	3 757 000	3 881 000	3 426 000	3 381 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 402 000	6 678 000	8 237 000	3 151 000
Total Current Assets	17 849 000	12 419 000	10 462 000	5 976 000
Total Assets	21 606 000	16 300 000	13 889 000	9 357 000
Total Equity	14 845 000	3 021 000	9 159 000	5 009 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	356 000	155 000	172 000	368 000
Unpaid Taxes	2 141 000	1 747 000	1 594 000	1 582 000
Dividends	0	14 055 000	1 989 000	0
Other Current Debt	834 000	1 223 000	1 201 000	1 192 000
Total Current Debt	6 761 000	13 279 000	4 730 000	4 347 000
Total Equity and Debt	21 606 000	16 300 000	13 889 000	9 357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,56 %	262,07 %	67,02 %	77,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	49,36 %	40,31 %	37,42 %	27,66 %
Current Ratio	2,64	0,94	2,21	1,37
Quick Ratio	2,64	0,94	2,21	1,37
Equity Ratio	0,69	0,19	0,66	0,54
Gross Profit Margin	89,46 %	90,4 %	92,49 %	93,52 %