ANDA-OLSEN AS

6019 ÅLESUND

Finances

Share Ownership

Return on Equity

29,4 %

Current Ratio

2,53

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 065 000	76 848 000	90 172 000	73 886 000
Net Income	9 744 000	4 467 000	9 535 000	2 098 000
Total Assets	54 240 000	43 779 000	31 579 000	20 516 000
Total Equity	33 141 000	27 897 000	12 131 000	7 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 065 000	76 848 000	90 172 000	73 886 000
Expenditure	91 735 000	70 953 000	76 757 000	70 307 000
Operating Profit	13 331 000	5 895 000	13 415 000	3 581 000
Financial Income	155 000	727 000	958 000	353 000
Financial Costs	993 000	887 000	2 150 000	1 184 000
Financial Balance	−838 000	−160 000	−1 192 000	−831 000
Earnings Before Tax	12 494 000	5 735 000	12 224 000	2 750 000
Tax	2 750 000	1 269 000	2 689 000	652 000
Net Income	9 744 000	4 467 000	9 535 000	2 098 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 497 000	2 755 000	1 868 000	1 155 000
Total Current Assets	51 742 000	41 024 000	29 711 000	19 361 000
Total Assets	54 240 000	43 779 000	31 579 000	20 516 000
Total Retained Equity	17 239 000	11 995 000	11 229 000	6 293 000
Total Equity	33 141 000	27 897 000	12 131 000	7 195 000
Total Long-Term Debt	617 000	475 000	0	1 333 000
Total Current Debt	20 481 000	15 407 000	19 448 000	11 987 000
Total Equity and Debt	54 240 000	43 779 000	31 579 000	20 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 572 000	75 137 000	88 703 000	71 750 000
Other Income	2 493 000	1 712 000	1 469 000	2 136 000
Revenue	105 065 000	76 848 000	90 172 000	73 886 000
Cost of Goods Sold	55 524 000	40 857 000	45 774 000	40 045 000
Salary Costs	22 364 000	19 231 000	18 640 000	18 466 000
Depreciation	515 000	537 000	199 000	179 000
Impairment	0	0	0	0
Expenditure	91 735 000	70 953 000	76 757 000	70 307 000
Operating Profit	13 331 000	5 895 000	13 415 000	3 581 000
Financial Income	155 000	727 000	958 000	353 000
Financial Costs	993 000	887 000	2 150 000	1 184 000
Financial Balance	−838 000	−160 000	−1 192 000	−831 000
Dividends	4 500 000	0	4 600 000	1 200 000
Net Income	9 744 000	4 467 000	9 535 000	2 098 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 346 000	1 369 000	435 000	351 000
Real Eastate	43 000	131 000	219 000	158 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	428 000	622 000	943 000	83 000
Total Tangible Assets	471 000	753 000	1 162 000	241 000
Total Fiancial Fixed Assets	680 000	633 000	272 000	563 000
Total Fixed Assets	2 497 000	2 755 000	1 868 000	1 155 000
Stock	14 899 000	14 298 000	8 398 000	8 275 000
Total Investments	0	0	258 000	150 000
Cash, Bank	16 312 000	10 300 000	1 942 000	1 247 000
Total Current Assets	51 742 000	41 024 000	29 711 000	19 361 000
Total Assets	54 240 000	43 779 000	31 579 000	20 516 000
Total Equity	33 141 000	27 897 000	12 131 000	7 195 000
Short-Term Group Debt	0	0	0	1 300 000
Total Long-Term Debt	617 000	475 000	0	1 333 000
Creditors	6 302 000	8 540 000	3 973 000	2 717 000
Unpaid Taxes	3 775 000	3 016 000	2 950 000	2 835 000
Dividends	4 500 000	0	4 600 000	1 200 000
Other Current Debt	4 492 000	2 424 000	5 154 000	3 628 000
Total Current Debt	20 481 000	15 407 000	19 448 000	11 987 000
Total Equity and Debt	54 240 000	43 779 000	31 579 000	20 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,4 %	16,01 %	78,6 %	29,16 %
Debt-to-Equity Ratio	0,02	0,02	0	0,19
Operating Profit Margin	12,69 %	7,67 %	14,88 %	4,85 %
Current Ratio	2,53	2,66	1,53	1,62
Quick Ratio	9,27	36,99	2,69	5,22
Equity Ratio	0,61	0,64	0,38	0,35
Gross Profit Margin	47,15 %	46,83 %	49,24 %	45,8 %