ASVO IBESTAD AS

9450 HAMNVIK

Finances

Share Ownership

Return on Equity

4,87 %

Current Ratio

6,35

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 159 000	6 419 000	6 601 000	6 394 000
Net Income	331 000	8 000	753 000	554 000
Total Assets	8 009 000	7 922 000	7 647 000	7 223 000
Total Equity	6 797 000	6 466 000	6 458 000	5 705 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 159 000	6 419 000	6 601 000	6 394 000
Expenditure	5 825 000	6 410 000	5 842 000	5 831 000
Operating Profit	334 000	10 000	759 000	563 000
Financial Income	2 000	1 000	3 000	5 000
Financial Costs	6 000	3 000	9 000	14 000
Financial Balance	−4 000	−2 000	−6 000	−9 000
Earnings Before Tax	331 000	8 000	753 000	554 000
Tax	0	0	0	0
Net Income	331 000	8 000	753 000	554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 582 000	1 774 000	1 828 000	1 773 000
Total Current Assets	6 427 000	6 148 000	5 819 000	5 450 000
Total Assets	8 009 000	7 922 000	7 647 000	7 223 000
Total Retained Equity	6 497 000	6 166 000	6 158 000	5 405 000
Total Equity	6 797 000	6 466 000	6 458 000	5 705 000
Total Long-Term Debt	200 000	300 000	350 000	500 000
Total Current Debt	1 012 000	1 156 000	839 000	1 017 000
Total Equity and Debt	8 009 000	7 922 000	7 647 000	7 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 627 000	2 935 000	6 588 000	6 394 000
Other Income	3 532 000	3 484 000	13 000	0
Revenue	6 159 000	6 419 000	6 601 000	6 394 000
Cost of Goods Sold	268 000	453 000	549 000	444 000
Salary Costs	4 244 000	4 484 000	4 234 000	4 233 000
Depreciation	229 000	244 000	278 000	244 000
Impairment	0	0	0	0
Expenditure	5 825 000	6 410 000	5 842 000	5 831 000
Operating Profit	334 000	10 000	759 000	563 000
Financial Income	2 000	1 000	3 000	5 000
Financial Costs	6 000	3 000	9 000	14 000
Financial Balance	−4 000	−2 000	−6 000	−9 000
Dividends	0	0	0	0
Net Income	331 000	8 000	753 000	554 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 083 000	1 145 000	1 082 000	1 757 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	453 000	600 000	732 000	15 000
Total Tangible Assets	1 536 000	1 744 000	1 813 000	1 773 000
Total Fiancial Fixed Assets	46 000	30 000	15 000	0
Total Fixed Assets	1 582 000	1 774 000	1 828 000	1 773 000
Stock	367 000	428 000	311 000	265 000
Total Investments	0	0	0	0
Cash, Bank	4 823 000	5 014 000	4 838 000	4 299 000
Total Current Assets	6 427 000	6 148 000	5 819 000	5 450 000
Total Assets	8 009 000	7 922 000	7 647 000	7 223 000
Total Equity	6 797 000	6 466 000	6 458 000	5 705 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	300 000	350 000	500 000
Creditors	343 000	319 000	63 000	300 000
Unpaid Taxes	266 000	341 000	361 000	312 000
Dividends	0	0	0	0
Other Current Debt	403 000	495 000	414 000	405 000
Total Current Debt	1 012 000	1 156 000	839 000	1 017 000
Total Equity and Debt	8 009 000	7 922 000	7 647 000	7 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,87 %	0,12 %	11,66 %	9,71 %
Debt-to-Equity Ratio	0,03	0,05	0,05	0,09
Operating Profit Margin	5,42 %	0,16 %	11,5 %	8,81 %
Current Ratio	6,35	5,32	6,94	5,36
Quick Ratio	9,96	8,45	11,02	7,25
Equity Ratio	0,85	0,82	0,84	0,79
Gross Profit Margin	95,65 %	92,94 %	91,68 %	93,06 %