ANDØY INVEST AS

2003 LILLESTRØM

Finances

Return on Equity

55,21 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	189 070 000	135 401 000	0	0
Net Income	15 875 000	11 524 000	969 000	290 000
Total Assets	97 141 000	64 617 000	1 469 000	441 000
Total Equity	28 756 000	19 178 000	1 280 000	312 000

Income (NOK)	2022	2021	2020	2019
Revenue	189 070 000	135 401 000	0	0
Expenditure	168 939 000	121 195 000	71 000	0
Operating Profit	20 131 000	14 206 000	−71 000	0
Financial Income	469 000	464 000	1 031 000	288 000
Financial Costs	2 000	1 000	0	0
Financial Balance	467 000	463 000	1 031 000	288 000
Earnings Before Tax	20 598 000	14 668 000	960 000	288 000
Tax	4 723 000	3 145 000	−9 000	−2 000
Net Income	15 875 000	11 524 000	969 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	977 000	833 000	167 000	23 000
Total Current Assets	96 164 000	63 784 000	1 302 000	418 000
Total Assets	97 141 000	64 617 000	1 469 000	441 000
Total Retained Equity	18 274 000	15 190 000	1 250 000	282 000
Total Equity	28 756 000	19 178 000	1 280 000	312 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 384 000	45 439 000	189 000	129 000
Total Equity and Debt	97 141 000	64 617 000	1 469 000	441 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	188 193 000	134 644 000	0	0
Other Income	877 000	756 000	0	0
Revenue	189 070 000	135 401 000	0	0
Cost of Goods Sold	5 252 000	5 413 000	0	0
Salary Costs	147 462 000	100 945 000	8 000	0
Depreciation	564 000	405 000	0	0
Impairment	0	0	0	0
Expenditure	168 939 000	121 195 000	71 000	0
Operating Profit	20 131 000	14 206 000	−71 000	0
Financial Income	469 000	464 000	1 031 000	288 000
Financial Costs	2 000	1 000	0	0
Financial Balance	467 000	463 000	1 031 000	288 000
Dividends	0	0	0	0
Net Income	15 875 000	11 524 000	969 000	290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	107 000	11 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	948 000	726 000	0	0
Total Tangible Assets	948 000	726 000	0	0
Total Fiancial Fixed Assets	0	0	157 000	21 000
Total Fixed Assets	977 000	833 000	167 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 717 000	43 972 000	1 302 000	418 000
Total Current Assets	96 164 000	63 784 000	1 302 000	418 000
Total Assets	97 141 000	64 617 000	1 469 000	441 000
Total Equity	28 756 000	19 178 000	1 280 000	312 000
Short-Term Group Debt	0	0	119 000	0
Total Long-Term Debt	0	0	0	0
Creditors	4 170 000	1 981 000	20 000	0
Unpaid Taxes	17 459 000	13 459 000	0	0
Dividends	0	0	0	0
Other Current Debt	42 110 000	27 102 000	50 000	129 000
Total Current Debt	68 384 000	45 439 000	189 000	129 000
Total Equity and Debt	97 141 000	64 617 000	1 469 000	441 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,21 %	60,09 %	75,7 %	92,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,65 %	10,49 %	-	-
Current Ratio	1,41	1,4	6,89	3,24
Quick Ratio	1,41	1,4	6,89	3,24
Equity Ratio	0,3	0,3	0,87	0,71
Gross Profit Margin	97,22 %	96 %	-	-