ÅKRENE MEK VERKSTED AS

2000 LILLESTRØM

Finances

Return on Equity

19,69 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	348 603 000	203 543 000	304 103 000	158 043 000
Net Income	11 321 000	11 851 000	18 913 000	9 112 000
Total Assets	138 789 000	92 047 000	112 296 000	68 779 000
Total Equity	57 486 000	51 203 000	44 391 000	36 371 000

Income (NOK)	2022	2021	2020	2019
Revenue	348 603 000	203 543 000	304 103 000	158 043 000
Expenditure	334 690 000	189 196 000	280 659 000	146 941 000
Operating Profit	13 914 000	14 347 000	23 444 000	11 102 000
Financial Income	503 000	693 000	703 000	479 000
Financial Costs	4 000	11 000	10 000	0
Financial Balance	499 000	682 000	693 000	479 000
Earnings Before Tax	14 413 000	15 029 000	24 136 000	11 581 000
Tax	3 092 000	3 179 000	5 223 000	2 469 000
Net Income	11 321 000	11 851 000	18 913 000	9 112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 263 000	13 818 000	12 718 000	12 935 000
Total Current Assets	124 526 000	78 230 000	99 578 000	55 844 000
Total Assets	138 789 000	92 047 000	112 296 000	68 779 000
Total Retained Equity	43 212 000	36 929 000	30 117 000	22 098 000
Total Equity	57 486 000	51 203 000	44 391 000	36 371 000
Total Long-Term Debt	5 434 000	2 500 000	2 500 000	2 520 000
Total Current Debt	75 869 000	38 344 000	65 405 000	29 888 000
Total Equity and Debt	138 789 000	92 047 000	112 296 000	68 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	348 546 000	203 519 000	304 070 000	158 016 000
Other Income	58 000	24 000	33 000	27 000
Revenue	348 603 000	203 543 000	304 103 000	158 043 000
Cost of Goods Sold	277 344 000	137 148 000	225 402 000	100 164 000
Salary Costs	38 230 000	35 506 000	39 407 000	33 143 000
Depreciation	1 265 000	1 188 000	1 144 000	1 129 000
Impairment	0	0	0	0
Expenditure	334 690 000	189 196 000	280 659 000	146 941 000
Operating Profit	13 914 000	14 347 000	23 444 000	11 102 000
Financial Income	503 000	693 000	703 000	479 000
Financial Costs	4 000	11 000	10 000	0
Financial Balance	499 000	682 000	693 000	479 000
Dividends	5 038 000	5 038 000	10 894 000	5 991 000
Net Income	11 321 000	11 851 000	18 913 000	9 112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	158 000	395 000	0
Real Eastate	3 399 000	3 368 000	3 514 000	2 955 000
Machinery and Plant Facilities	1 459 000	770 000	895 000	794 000
Fixtures	3 235 000	2 937 000	2 894 000	3 601 000
Total Tangible Assets	8 093 000	7 074 000	7 303 000	7 350 000
Total Fiancial Fixed Assets	6 170 000	6 585 000	5 020 000	5 585 000
Total Fixed Assets	14 263 000	13 818 000	12 718 000	12 935 000
Stock	11 793 000	11 018 000	8 151 000	5 704 000
Total Investments	0	0	0	0
Cash, Bank	18 488 000	26 611 000	30 741 000	12 905 000
Total Current Assets	124 526 000	78 230 000	99 578 000	55 844 000
Total Assets	138 789 000	92 047 000	112 296 000	68 779 000
Total Equity	57 486 000	51 203 000	44 391 000	36 371 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 434 000	2 500 000	2 500 000	2 520 000
Creditors	53 514 000	17 488 000	30 566 000	9 827 000
Unpaid Taxes	8 076 000	5 602 000	7 279 000	5 427 000
Dividends	5 038 000	5 038 000	10 894 000	5 991 000
Other Current Debt	9 241 000	7 275 000	9 528 000	7 530 000
Total Current Debt	75 869 000	38 344 000	65 405 000	29 888 000
Total Equity and Debt	138 789 000	92 047 000	112 296 000	68 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,69 %	23,15 %	42,61 %	25,05 %
Debt-to-Equity Ratio	0,09	0,05	0,06	0,07
Operating Profit Margin	3,99 %	7,05 %	7,71 %	7,02 %
Current Ratio	1,64	2,04	1,52	1,87
Quick Ratio	1,94	2,86	1,74	2,31
Equity Ratio	0,41	0,56	0,4	0,53
Gross Profit Margin	20,44 %	32,62 %	25,88 %	36,62 %