AKSELSEN ENGINEERING AS

8416 SORTLAND

Finances

Return on Equity

−10,38 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 878 000	45 766 000	54 464 000	43 661 000
Net Income	−790 000	893 000	−4 220 000	−1 016 000
Total Assets	20 484 000	18 977 000	23 815 000	18 349 000
Total Equity	7 612 000	8 402 000	7 509 000	11 730 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 878 000	45 766 000	54 464 000	43 661 000
Expenditure	60 853 000	44 593 000	59 539 000	44 700 000
Operating Profit	−975 000	1 173 000	−5 074 000	−1 039 000
Financial Income	506 000	366 000	479 000	79 000
Financial Costs	540 000	390 000	811 000	340 000
Financial Balance	−34 000	−24 000	−332 000	−261 000
Earnings Before Tax	−1 009 000	1 149 000	−5 407 000	−1 300 000
Tax	−220 000	256 000	−1 186 000	−284 000
Net Income	−790 000	893 000	−4 220 000	−1 016 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 158 000	4 175 000	4 520 000	3 626 000
Total Current Assets	16 326 000	14 802 000	19 295 000	14 723 000
Total Assets	20 484 000	18 977 000	23 815 000	18 349 000
Total Retained Equity	7 512 000	8 302 000	7 409 000	11 630 000
Total Equity	7 612 000	8 402 000	7 509 000	11 730 000
Total Long-Term Debt	4 570 000	5 714 000	10 355 000	1 466 000
Total Current Debt	8 302 000	4 861 000	5 951 000	5 154 000
Total Equity and Debt	20 484 000	18 977 000	23 815 000	18 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 878 000	45 635 000	54 464 000	43 536 000
Other Income	0	131 000	0	125 000
Revenue	59 878 000	45 766 000	54 464 000	43 661 000
Cost of Goods Sold	40 727 000	25 009 000	32 519 000	24 526 000
Salary Costs	12 894 000	13 299 000	13 462 000	13 667 000
Depreciation	296 000	267 000	298 000	303 000
Impairment	0	0	0	0
Expenditure	60 853 000	44 593 000	59 539 000	44 700 000
Operating Profit	−975 000	1 173 000	−5 074 000	−1 039 000
Financial Income	506 000	366 000	479 000	79 000
Financial Costs	540 000	390 000	811 000	340 000
Financial Balance	−34 000	−24 000	−332 000	−261 000
Dividends	0	0	0	0
Net Income	−790 000	893 000	−4 220 000	−1 016 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 480 000	1 290 000	1 574 000	396 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	199 000	395 000	680 000	929 000
Total Tangible Assets	199 000	395 000	680 000	929 000
Total Fiancial Fixed Assets	2 480 000	2 490 000	2 267 000	2 302 000
Total Fixed Assets	4 158 000	4 175 000	4 520 000	3 626 000
Stock	2 759 000	4 026 000	4 170 000	5 849 000
Total Investments	0	0	0	0
Cash, Bank	8 910 000	6 898 000	9 238 000	2 552 000
Total Current Assets	16 326 000	14 802 000	19 295 000	14 723 000
Total Assets	20 484 000	18 977 000	23 815 000	18 349 000
Total Equity	7 612 000	8 402 000	7 509 000	11 730 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 570 000	5 714 000	10 355 000	1 466 000
Creditors	1 700 000	428 000	896 000	1 024 000
Unpaid Taxes	3 897 000	2 435 000	2 951 000	2 167 000
Dividends	0	0	0	0
Other Current Debt	2 705 000	1 998 000	2 105 000	1 962 000
Total Current Debt	8 302 000	4 861 000	5 951 000	5 154 000
Total Equity and Debt	20 484 000	18 977 000	23 815 000	18 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,38 %	10,63 %	−56,2 %	−8,66 %
Debt-to-Equity Ratio	0,6	0,68	1,38	0,12
Operating Profit Margin	−1,63 %	2,56 %	−9,32 %	−2,38 %
Current Ratio	1,97	3,05	3,24	2,86
Quick Ratio	2,95	17,73	10,83	−21,18
Equity Ratio	0,37	0,44	0,32	0,64
Gross Profit Margin	31,98 %	45,35 %	40,29 %	43,83 %