ÅLESUND ARMATUR AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

−1,95 %

Current Ratio

2,31

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 369 000	12 122 000	7 913 000	11 994 000
Net Income	−120 000	−7 000	−173 000	975 000
Total Assets	10 923 000	12 545 000	12 026 000	12 311 000
Total Equity	6 151 000	6 271 000	6 278 000	6 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 369 000	12 122 000	7 913 000	11 994 000
Expenditure	11 176 000	11 770 000	7 701 000	10 605 000
Operating Profit	194 000	351 000	212 000	1 389 000
Financial Income	110 000	38 000	5 000	−1 000
Financial Costs	423 000	396 000	389 000	413 000
Financial Balance	−313 000	−358 000	−384 000	−414 000
Earnings Before Tax	−120 000	−7 000	−173 000	975 000
Tax	0	0	0	0
Net Income	−120 000	−7 000	−173 000	975 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	160 000	40 000	62 000
Total Current Assets	10 814 000	12 385 000	11 986 000	12 249 000
Total Assets	10 923 000	12 545 000	12 026 000	12 311 000
Total Retained Equity	2 971 000	3 091 000	3 098 000	3 271 000
Total Equity	6 151 000	6 271 000	6 278 000	6 451 000
Total Long-Term Debt	85 000	0	0	0
Total Current Debt	4 686 000	6 274 000	5 748 000	5 861 000
Total Equity and Debt	10 923 000	12 545 000	12 026 000	12 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 362 000	12 124 000	7 837 000	11 994 000
Other Income	7 000	−2 000	75 000	0
Revenue	11 369 000	12 122 000	7 913 000	11 994 000
Cost of Goods Sold	6 894 000	7 631 000	4 126 000	6 905 000
Salary Costs	3 041 000	2 920 000	2 665 000	2 511 000
Depreciation	32 000	4 000	2 000	9 000
Impairment	0	0	0	0
Expenditure	11 176 000	11 770 000	7 701 000	10 605 000
Operating Profit	194 000	351 000	212 000	1 389 000
Financial Income	110 000	38 000	5 000	−1 000
Financial Costs	423 000	396 000	389 000	413 000
Financial Balance	−313 000	−358 000	−384 000	−414 000
Dividends	0	0	0	0
Net Income	−120 000	−7 000	−173 000	975 000

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	116 000	0	0
Fixtures	109 000	24 000	0	2 000
Total Tangible Assets	109 000	141 000	0	2 000
Total Fiancial Fixed Assets	0	19 000	40 000	61 000
Total Fixed Assets	109 000	160 000	40 000	62 000
Stock	9 115 000	9 825 000	10 512 000	10 895 000
Total Investments	0	0	0	0
Cash, Bank	450 000	304 000	251 000	208 000
Total Current Assets	10 814 000	12 385 000	11 986 000	12 249 000
Total Assets	10 923 000	12 545 000	12 026 000	12 311 000
Total Equity	6 151 000	6 271 000	6 278 000	6 451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	85 000	0	0	0
Creditors	1 122 000	1 559 000	382 000	775 000
Unpaid Taxes	480 000	523 000	648 000	446 000
Dividends	0	0	0	0
Other Current Debt	310 000	714 000	748 000	888 000
Total Current Debt	4 686 000	6 274 000	5 748 000	5 861 000
Total Equity and Debt	10 923 000	12 545 000	12 026 000	12 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,95 %	−0,11 %	−2,76 %	15,11 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	1,71 %	2,9 %	2,68 %	11,58 %
Current Ratio	2,31	1,97	2,09	2,09
Quick Ratio	−2,44	−3,49	−2,52	−2,43
Equity Ratio	0,56	0,5	0,52	0,52
Gross Profit Margin	39,36 %	37,05 %	47,86 %	42,43 %