ÅSANE MEK INDUSTRI AS

5918 FREKHAUG

Finances

Return on Equity

6,29 %

Current Ratio

5,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 291 000	30 743 000	29 578 000	35 331 000
Net Income	1 248 000	1 487 000	2 059 000	3 087 000
Total Assets	24 265 000	26 175 000	23 132 000	22 060 000
Total Equity	19 834 000	18 586 000	17 599 000	15 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 291 000	30 743 000	29 578 000	35 331 000
Expenditure	27 769 000	28 879 000	26 884 000	31 415 000
Operating Profit	1 521 000	1 863 000	2 694 000	3 917 000
Financial Income	82 000	46 000	26 000	50 000
Financial Costs	1 000	1 000	77 000	56 000
Financial Balance	81 000	45 000	−51 000	−6 000
Earnings Before Tax	1 603 000	1 908 000	2 644 000	3 911 000
Tax	355 000	421 000	584 000	825 000
Net Income	1 248 000	1 487 000	2 059 000	3 087 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 396 000	2 710 000	2 912 000	1 824 000
Total Current Assets	21 870 000	23 465 000	20 220 000	20 237 000
Total Assets	24 265 000	26 175 000	23 132 000	22 060 000
Total Retained Equity	19 234 000	17 986 000	16 999 000	14 939 000
Total Equity	19 834 000	18 586 000	17 599 000	15 539 000
Total Long-Term Debt	96 000	151 000	166 000	93 000
Total Current Debt	4 335 000	7 438 000	5 367 000	6 428 000
Total Equity and Debt	24 265 000	26 175 000	23 132 000	22 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 291 000	30 683 000	29 578 000	35 125 000
Other Income	0	60 000	1 000	207 000
Revenue	29 291 000	30 743 000	29 578 000	35 331 000
Cost of Goods Sold	17 824 000	20 456 000	19 190 000	24 558 000
Salary Costs	5 937 000	5 423 000	4 939 000	4 134 000
Depreciation	694 000	627 000	342 000	248 000
Impairment	0	0	0	0
Expenditure	27 769 000	28 879 000	26 884 000	31 415 000
Operating Profit	1 521 000	1 863 000	2 694 000	3 917 000
Financial Income	82 000	46 000	26 000	50 000
Financial Costs	1 000	1 000	77 000	56 000
Financial Balance	81 000	45 000	−51 000	−6 000
Dividends	0	500 000	0	400 000
Net Income	1 248 000	1 487 000	2 059 000	3 087 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	30 000	35 000	40 000
Machinery and Plant Facilities	2 086 000	1 589 000	2 571 000	1 408 000
Fixtures	138 000	889 000	73 000	112 000
Total Tangible Assets	2 224 000	2 508 000	2 679 000	1 560 000
Total Fiancial Fixed Assets	172 000	202 000	233 000	264 000
Total Fixed Assets	2 396 000	2 710 000	2 912 000	1 824 000
Stock	4 576 000	4 626 000	3 842 000	3 679 000
Total Investments	36 000	36 000	36 000	36 000
Cash, Bank	7 703 000	9 017 000	13 593 000	9 330 000
Total Current Assets	21 870 000	23 465 000	20 220 000	20 237 000
Total Assets	24 265 000	26 175 000	23 132 000	22 060 000
Total Equity	19 834 000	18 586 000	17 599 000	15 539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	96 000	151 000	166 000	93 000
Creditors	1 341 000	4 773 000	2 080 000	4 102 000
Unpaid Taxes	1 607 000	1 378 000	1 761 000	1 176 000
Dividends	0	500 000	0	400 000
Other Current Debt	977 000	851 000	1 015 000	419 000
Total Current Debt	4 335 000	7 438 000	5 367 000	6 428 000
Total Equity and Debt	24 265 000	26 175 000	23 132 000	22 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,29 %	8 %	11,7 %	19,87 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	5,19 %	6,06 %	9,11 %	11,09 %
Current Ratio	5,04	3,15	3,77	3,15
Quick Ratio	−90,75	8,34	13,26	7,36
Equity Ratio	0,82	0,71	0,76	0,7
Gross Profit Margin	39,15 %	33,46 %	35,12 %	30,49 %