ANDREASSEN VAREHANDEL AS

3031 DRAMMEN

Finances

Share Ownership

Return on Equity

−533,33 %

Current Ratio

0,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	32 460 000	35 486 000	24 835 000
Net Income	−512 000	969 000	1 581 000
Total Assets	4 772 000	5 057 000	4 060 000
Total Equity	96 000	607 000	139 000

Income (NOK)	2022	2021	2020
Revenue	32 460 000	35 486 000	24 835 000
Expenditure	32 978 000	34 241 000	22 846 000
Operating Profit	−518 000	1 246 000	1 989 000
Financial Income	8 000	2 000	2 000
Financial Costs	2 000	6 000	0
Financial Balance	6 000	−4 000	2 000
Earnings Before Tax	−512 000	1 242 000	1 991 000
Tax	0	273 000	410 000
Net Income	−512 000	969 000	1 581 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 175 000	37 000	1 237 000
Total Current Assets	3 597 000	5 020 000	2 823 000
Total Assets	4 772 000	5 057 000	4 060 000
Total Retained Equity	−4 000	507 000	39 000
Total Equity	96 000	607 000	139 000
Total Long-Term Debt	0	0	0
Total Current Debt	4 677 000	4 449 000	3 921 000
Total Equity and Debt	4 772 000	5 057 000	4 060 000

Cash flow (NOK)	2022	2021	2020
Sales Income	29 872 000	34 910 000	24 486 000
Other Income	2 588 000	576 000	349 000
Revenue	32 460 000	35 486 000	24 835 000
Cost of Goods Sold	15 479 000	18 098 000	12 272 000
Salary Costs	8 443 000	6 890 000	4 379 000
Depreciation	5 000	0	0
Impairment	0	0	0
Expenditure	32 978 000	34 241 000	22 846 000
Operating Profit	−518 000	1 246 000	1 989 000
Financial Income	8 000	2 000	2 000
Financial Costs	2 000	6 000	0
Financial Balance	6 000	−4 000	2 000
Dividends	0	500 000	0
Net Income	−512 000	969 000	1 581 000

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	0
Fixtures	37 000	0	0
Total Tangible Assets	37 000	0	0
Total Fiancial Fixed Assets	1 138 000	37 000	1 237 000
Total Fixed Assets	1 175 000	37 000	1 237 000
Stock	1 926 000	2 029 000	1 495 000
Total Investments	0	0	0
Cash, Bank	866 000	2 888 000	477 000
Total Current Assets	3 597 000	5 020 000	2 823 000
Total Assets	4 772 000	5 057 000	4 060 000
Total Equity	96 000	607 000	139 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	2 474 000	2 394 000	1 249 000
Unpaid Taxes	598 000	497 000	301 000
Dividends	0	500 000	0
Other Current Debt	1 605 000	1 285 000	1 961 000
Total Current Debt	4 677 000	4 449 000	3 921 000
Total Equity and Debt	4 772 000	5 057 000	4 060 000

Financial indicators	2022	2021	2020
Return on Equity	−533,33 %	159,64 %	1 137,41 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−1,6 %	3,51 %	8,01 %
Current Ratio	0,77	1,13	0,72
Quick Ratio	1,31	2,07	1,16
Equity Ratio	0,02	0,12	0,03
Gross Profit Margin	52,31 %	49 %	50,59 %