AKITA INDUSTRIER AS

2070 RÅHOLT

Finances

Share Ownership

Return on Equity

12,23 %

Current Ratio

2,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 641 000	3 019 000	2 893 000	854 000
Net Income	340 000	644 000	1 098 000	−101 000
Total Assets	4 644 000	4 827 000	4 249 000	2 260 000
Total Equity	2 779 000	2 939 000	2 296 000	1 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 641 000	3 019 000	2 893 000	854 000
Expenditure	2 204 000	2 192 000	1 486 000	984 000
Operating Profit	437 000	827 000	1 407 000	−129 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	1 000	0
Earnings Before Tax	437 000	825 000	1 408 000	−129 000
Tax	98 000	182 000	310 000	−28 000
Net Income	340 000	644 000	1 098 000	−101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	33 000	46 000	85 000
Total Current Assets	4 624 000	4 794 000	4 203 000	2 175 000
Total Assets	4 644 000	4 827 000	4 249 000	2 260 000
Total Retained Equity	2 679 000	2 839 000	2 196 000	1 098 000
Total Equity	2 779 000	2 939 000	2 296 000	1 198 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	1 865 000	1 888 000	1 952 000	1 062 000
Total Equity and Debt	4 644 000	4 827 000	4 249 000	2 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 075 000	2 422 000	2 311 000	284 000
Other Income	566 000	597 000	582 000	570 000
Revenue	2 641 000	3 019 000	2 893 000	854 000
Cost of Goods Sold	1 182 000	1 445 000	785 000	320 000
Salary Costs	313 000	0	0	0
Depreciation	13 000	13 000	13 000	7 000
Impairment	0	0	0	0
Expenditure	2 204 000	2 192 000	1 486 000	984 000
Operating Profit	437 000	827 000	1 407 000	−129 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	1 000	0
Dividends	0	0	0	0
Net Income	340 000	644 000	1 098 000	−101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	33 000	46 000	59 000
Total Tangible Assets	20 000	33 000	46 000	59 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	33 000	46 000	85 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 745 000	3 331 000	2 535 000	1 671 000
Total Current Assets	4 624 000	4 794 000	4 203 000	2 175 000
Total Assets	4 644 000	4 827 000	4 249 000	2 260 000
Total Equity	2 779 000	2 939 000	2 296 000	1 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	0	49 000	164 000	16 000
Unpaid Taxes	78 000	0	336 000	−47 000
Dividends	0	0	0	0
Other Current Debt	1 689 000	1 656 000	1 170 000	1 093 000
Total Current Debt	1 865 000	1 888 000	1 952 000	1 062 000
Total Equity and Debt	4 644 000	4 827 000	4 249 000	2 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,23 %	21,91 %	47,82 %	−8,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,55 %	27,39 %	48,63 %	−15,11 %
Current Ratio	2,48	2,54	2,15	2,05
Quick Ratio	2,48	2,54	2,15	2,05
Equity Ratio	0,6	0,61	0,54	0,53
Gross Profit Margin	55,24 %	52,14 %	72,87 %	62,53 %