ÅSBAKK ELEKTRO AS

9350 SJØVEGAN

Finances

Share Ownership

Return on Equity

4,3 %

Current Ratio

4,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	555 000	528 000	587 000	524 000
Net Income	13 000	66 000	47 000	−128 000
Total Assets	400 000	443 000	330 000	266 000
Total Equity	302 000	289 000	222 000	175 000

Income (NOK)	2022	2021	2020	2019
Revenue	555 000	528 000	587 000	524 000
Expenditure	542 000	458 000	536 000	650 000
Operating Profit	13 000	70 000	51 000	−127 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	3 000	1 000
Financial Balance	0	−4 000	−3 000	−1 000
Earnings Before Tax	13 000	66 000	47 000	−128 000
Tax	0	0	0	0
Net Income	13 000	66 000	47 000	−128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	3 000	21 000	44 000
Total Current Assets	397 000	440 000	308 000	222 000
Total Assets	400 000	443 000	330 000	266 000
Total Retained Equity	−98 000	−111 000	−178 000	−225 000
Total Equity	302 000	289 000	222 000	175 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	99 000	154 000	107 000	91 000
Total Equity and Debt	400 000	443 000	330 000	266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	460 000	457 000	354 000	269 000
Other Income	95 000	71 000	233 000	255 000
Revenue	555 000	528 000	587 000	524 000
Cost of Goods Sold	138 000	101 000	82 000	70 000
Salary Costs	153 000	113 000	132 000	307 000
Depreciation	0	18 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	542 000	458 000	536 000	650 000
Operating Profit	13 000	70 000	51 000	−127 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	3 000	1 000
Financial Balance	0	−4 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	13 000	66 000	47 000	−128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	18 000	41 000
Total Tangible Assets	0	0	18 000	41 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	3 000	3 000	21 000	44 000
Stock	175 000	168 000	159 000	142 000
Total Investments	0	0	0	0
Cash, Bank	209 000	242 000	84 000	63 000
Total Current Assets	397 000	440 000	308 000	222 000
Total Assets	400 000	443 000	330 000	266 000
Total Equity	302 000	289 000	222 000	175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	55 000	63 000	47 000	34 000
Unpaid Taxes	26 000	30 000	11 000	22 000
Dividends	0	0	0	0
Other Current Debt	17 000	62 000	49 000	34 000
Total Current Debt	99 000	154 000	107 000	91 000
Total Equity and Debt	400 000	443 000	330 000	266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,3 %	22,84 %	21,17 %	−73,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,34 %	13,26 %	8,69 %	−24,24 %
Current Ratio	4,01	2,86	2,88	2,44
Quick Ratio	−5,22	−31,43	−5,92	−4,35
Equity Ratio	0,76	0,65	0,67	0,66
Gross Profit Margin	75,14 %	80,87 %	86,03 %	86,64 %