ÅGE AS

2634 FÅVANG

Finances

Return on Equity

34,2 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	988 516 000	1 002 377 000	803 089 000	890 321 000
Net Income	64 306 000	41 528 000	24 857 000	59 084 000
Total Assets	444 244 000	421 059 000	356 662 000	311 301 000
Total Equity	188 020 000	131 666 000	121 087 000	147 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	988 516 000	1 002 377 000	803 089 000	890 321 000
Expenditure	908 221 000	941 499 000	771 717 000	819 338 000
Operating Profit	80 295 000	60 878 000	31 371 000	70 984 000
Financial Income	4 834 000	−4 684 000	2 862 000	5 704 000
Financial Costs	3 680 000	1 430 000	1 593 000	1 049 000
Financial Balance	1 154 000	−6 114 000	1 269 000	4 655 000
Earnings Before Tax	81 449 000	54 764 000	32 640 000	75 638 000
Tax	17 143 000	13 236 000	7 783 000	16 554 000
Net Income	64 306 000	41 528 000	24 857 000	59 084 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 123 000	102 643 000	60 199 000	31 598 000
Total Current Assets	342 121 000	318 416 000	296 463 000	279 703 000
Total Assets	444 244 000	421 059 000	356 662 000	311 301 000
Total Retained Equity	101 030 000	71 280 000	86 572 000	74 503 000
Total Equity	188 020 000	131 666 000	121 087 000	147 007 000
Total Long-Term Debt	62 882 000	66 452 000	40 066 000	20 521 000
Total Current Debt	193 342 000	222 942 000	195 509 000	143 774 000
Total Equity and Debt	444 244 000	421 059 000	356 662 000	311 301 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	979 716 000	984 909 000	796 720 000	882 930 000
Other Income	8 800 000	17 468 000	6 369 000	7 392 000
Revenue	988 516 000	1 002 377 000	803 089 000	890 321 000
Cost of Goods Sold	642 161 000	678 301 000	525 411 000	589 664 000
Salary Costs	168 133 000	175 000 000	167 661 000	149 565 000
Depreciation	6 149 000	4 392 000	3 648 000	3 518 000
Impairment	0	0	0	0
Expenditure	908 221 000	941 499 000	771 717 000	819 338 000
Operating Profit	80 295 000	60 878 000	31 371 000	70 984 000
Financial Income	4 834 000	−4 684 000	2 862 000	5 704 000
Financial Costs	3 680 000	1 430 000	1 593 000	1 049 000
Financial Balance	1 154 000	−6 114 000	1 269 000	4 655 000
Dividends	0	0	0	0
Net Income	64 306 000	41 528 000	24 857 000	59 084 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	268 000	64 000	95 000	127 000
Total Intangible Assets	5 315 000	1 890 000	3 849 000	127 000
Real Eastate	85 601 000	84 909 000	44 885 000	21 325 000
Machinery and Plant Facilities	361 000	356 000	440 000	553 000
Fixtures	8 330 000	13 890 000	9 342 000	9 054 000
Total Tangible Assets	94 292 000	99 155 000	54 666 000	30 932 000
Total Fiancial Fixed Assets	2 515 000	1 598 000	1 684 000	540 000
Total Fixed Assets	102 123 000	102 643 000	60 199 000	31 598 000
Stock	15 536 000	12 969 000	12 880 000	15 414 000
Total Investments	3 534 000	3 397 000	3 319 000	3 510 000
Cash, Bank	197 406 000	182 343 000	150 745 000	150 248 000
Total Current Assets	342 121 000	318 416 000	296 463 000	279 703 000
Total Assets	444 244 000	421 059 000	356 662 000	311 301 000
Total Equity	188 020 000	131 666 000	121 087 000	147 007 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	62 882 000	66 452 000	40 066 000	20 521 000
Creditors	71 205 000	91 417 000	89 818 000	58 990 000
Unpaid Taxes	49 124 000	45 275 000	41 321 000	40 936 000
Dividends	0	0	0	0
Other Current Debt	54 730 000	75 652 000	53 018 000	21 890 000
Total Current Debt	193 342 000	222 942 000	195 509 000	143 774 000
Total Equity and Debt	444 244 000	421 059 000	356 662 000	311 301 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,2 %	31,54 %	20,53 %	40,19 %
Debt-to-Equity Ratio	0,33	0,5	0,33	0,14
Operating Profit Margin	8,12 %	6,07 %	3,91 %	7,97 %
Current Ratio	1,77	1,43	1,52	1,95
Quick Ratio	1,92	1,52	1,62	2,18
Equity Ratio	0,42	0,31	0,34	0,47
Gross Profit Margin	35,04 %	32,33 %	34,58 %	33,77 %