ÅSEN & ØVRELID NORDVEST AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

66,2 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020
Revenue	182 723 000	111 941 000	83 909 000
Net Income	9 355 000	6 068 000	2 709 000
Total Assets	62 648 000	53 227 000	39 841 000
Total Equity	14 132 000	8 777 000	4 709 000

Income (NOK)	2022	2021	2020
Revenue	182 723 000	111 941 000	83 909 000
Expenditure	171 241 000	104 219 000	80 404 000
Operating Profit	11 481 000	7 723 000	3 506 000
Financial Income	550 000	58 000	1 000
Financial Costs	28 000	2 000	33 000
Financial Balance	522 000	56 000	−32 000
Earnings Before Tax	12 003 000	7 780 000	3 473 000
Tax	2 648 000	1 712 000	764 000
Net Income	9 355 000	6 068 000	2 709 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	993 000	1 036 000	422 000
Total Current Assets	61 655 000	52 191 000	39 419 000
Total Assets	62 648 000	53 227 000	39 841 000
Total Retained Equity	12 132 000	6 777 000	2 709 000
Total Equity	14 132 000	8 777 000	4 709 000
Total Long-Term Debt	2 119 000	1 568 000	569 000
Total Current Debt	46 396 000	42 882 000	34 563 000
Total Equity and Debt	62 648 000	53 227 000	39 841 000

Cash flow (NOK)	2022	2021	2020
Sales Income	182 723 000	111 941 000	83 909 000
Other Income	0	0	0
Revenue	182 723 000	111 941 000	83 909 000
Cost of Goods Sold	143 640 000	83 401 000	66 206 000
Salary Costs	17 624 000	13 538 000	9 620 000
Depreciation	426 000	228 000	70 000
Impairment	0	0	0
Expenditure	171 241 000	104 219 000	80 404 000
Operating Profit	11 481 000	7 723 000	3 506 000
Financial Income	550 000	58 000	1 000
Financial Costs	28 000	2 000	33 000
Financial Balance	522 000	56 000	−32 000
Dividends	4 000 000	2 000 000	0
Net Income	9 355 000	6 068 000	2 709 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	246 000
Fixtures	989 000	1 036 000	176 000
Total Tangible Assets	989 000	1 036 000	422 000
Total Fiancial Fixed Assets	5 000	0	0
Total Fixed Assets	993 000	1 036 000	422 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	39 020 000	35 461 000	34 431 000
Total Current Assets	61 655 000	52 191 000	39 419 000
Total Assets	62 648 000	53 227 000	39 841 000
Total Equity	14 132 000	8 777 000	4 709 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 119 000	1 568 000	569 000
Creditors	9 576 000	17 222 000	15 745 000
Unpaid Taxes	3 800 000	1 002 000	1 667 000
Dividends	4 000 000	2 000 000	0
Other Current Debt	26 924 000	21 945 000	16 956 000
Total Current Debt	46 396 000	42 882 000	34 563 000
Total Equity and Debt	62 648 000	53 227 000	39 841 000

Financial indicators	2022	2021	2020
Return on Equity	66,2 %	69,14 %	57,53 %
Debt-to-Equity Ratio	0,15	0,18	0,12
Operating Profit Margin	6,28 %	6,9 %	4,18 %
Current Ratio	1,33	1,22	1,14
Quick Ratio	1,33	1,22	1,14
Equity Ratio	0,23	0,16	0,12
Gross Profit Margin	21,39 %	25,5 %	21,1 %