ÅSBIEVEIEN 12 AS

3946 PORSGRUNN

Finances

Share Ownership

Return on Equity

62,89 %

Current Ratio

0,06

Debt-to-Equity Ratio

1,92

Key figures (NOK)	2022	2021	2020
Revenue	2 368 000	2 282 000	2 244 000
Net Income	1 261 000	1 431 000	1 214 000
Total Assets	7 798 000	8 438 000	8 689 000
Total Equity	2 005 000	2 005 000	1 790 000

Income (NOK)	2022	2021	2020
Revenue	2 368 000	2 282 000	2 244 000
Expenditure	468 000	308 000	446 000
Operating Profit	1 900 000	1 975 000	1 798 000
Financial Income	0	0	0
Financial Costs	283 000	140 000	245 000
Financial Balance	−283 000	−140 000	−245 000
Earnings Before Tax	1 617 000	1 835 000	1 553 000
Tax	356 000	404 000	340 000
Net Income	1 261 000	1 431 000	1 214 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	7 675 000	7 675 000	7 675 000
Total Current Assets	123 000	763 000	1 015 000
Total Assets	7 798 000	8 438 000	8 689 000
Total Retained Equity	1 428 000	1 428 000	1 214 000
Total Equity	2 005 000	2 005 000	1 790 000
Total Long-Term Debt	3 849 000	4 500 000	6 655 000
Total Current Debt	1 944 000	1 933 000	244 000
Total Equity and Debt	7 798 000	8 438 000	8 689 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	2 244 000
Other Income	2 368 000	2 282 000	0
Revenue	2 368 000	2 282 000	2 244 000
Cost of Goods Sold	73 000	72 000	0
Salary Costs	20 000	0	0
Depreciation	0	0	317 000
Impairment	0	0	0
Expenditure	468 000	308 000	446 000
Operating Profit	1 900 000	1 975 000	1 798 000
Financial Income	0	0	0
Financial Costs	283 000	140 000	245 000
Financial Balance	−283 000	−140 000	−245 000
Dividends	200 000	0	0
Net Income	1 261 000	1 431 000	1 214 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	7 675 000	7 675 000	7 675 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	7 675 000	7 675 000	7 675 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	7 675 000	7 675 000	7 675 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	90 000	499 000	61 000
Total Current Assets	123 000	763 000	1 015 000
Total Assets	7 798 000	8 438 000	8 689 000
Total Equity	2 005 000	2 005 000	1 790 000
Short-Term Group Debt	1 360 000	1 560 000	0
Total Long-Term Debt	3 849 000	4 500 000	6 655 000
Creditors	337 000	28 000	10 000
Unpaid Taxes	23 000	180 000	45 000
Dividends	200 000	0	0
Other Current Debt	23 000	165 000	189 000
Total Current Debt	1 944 000	1 933 000	244 000
Total Equity and Debt	7 798 000	8 438 000	8 689 000

Financial indicators	2022	2021	2020
Return on Equity	62,89 %	71,37 %	67,82 %
Debt-to-Equity Ratio	1,92	2,24	3,72
Operating Profit Margin	80,24 %	86,55 %	80,12 %
Current Ratio	0,06	0,39	4,16
Quick Ratio	0,06	0,39	4,16
Equity Ratio	0,26	0,24	0,21
Gross Profit Margin	96,92 %	96,84 %	100 %