ÅSANE TIDENDE AS

5116 ULSET

Finances

Share Ownership

Return on Equity

−55,12 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 913 000	5 294 000	5 908 000	6 030 000
Net Income	−468 000	−223 000	308 000	135 000
Total Assets	2 300 000	1 836 000	1 893 000	1 529 000
Total Equity	849 000	700 000	923 000	616 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 913 000	5 294 000	5 908 000	6 030 000
Expenditure	5 515 000	5 567 000	5 507 000	5 858 000
Operating Profit	−603 000	−273 000	401 000	172 000
Financial Income	23 000	8 000	10 000	17 000
Financial Costs	21 000	21 000	17 000	15 000
Financial Balance	2 000	−13 000	−7 000	2 000
Earnings Before Tax	−600 000	−286 000	395 000	174 000
Tax	−132 000	−63 000	87 000	38 000
Net Income	−468 000	−223 000	308 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	162 000	97 000	165 000
Total Current Assets	2 251 000	1 674 000	1 796 000	1 364 000
Total Assets	2 300 000	1 836 000	1 893 000	1 529 000
Total Retained Equity	132 000	600 000	823 000	516 000
Total Equity	849 000	700 000	923 000	616 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 450 000	1 135 000	970 000	914 000
Total Equity and Debt	2 300 000	1 836 000	1 893 000	1 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 913 000	5 081 000	5 768 000	6 030 000
Other Income	0	213 000	140 000	0
Revenue	4 913 000	5 294 000	5 908 000	6 030 000
Cost of Goods Sold	2 880 000	3 096 000	3 157 000	3 563 000
Salary Costs	1 927 000	1 784 000	1 598 000	1 615 000
Depreciation	28 000	22 000	16 000	4 000
Impairment	0	0	0	0
Expenditure	5 515 000	5 567 000	5 507 000	5 858 000
Operating Profit	−603 000	−273 000	401 000	172 000
Financial Income	23 000	8 000	10 000	17 000
Financial Costs	21 000	21 000	17 000	15 000
Financial Balance	2 000	−13 000	−7 000	2 000
Dividends	0	0	0	0
Net Income	−468 000	−223 000	308 000	135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	119 000	67 000	165 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	42 000	29 000	0
Total Tangible Assets	45 000	42 000	29 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	48 000	162 000	97 000	165 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	885 000	369 000	121 000	84 000
Total Current Assets	2 251 000	1 674 000	1 796 000	1 364 000
Total Assets	2 300 000	1 836 000	1 893 000	1 529 000
Total Equity	849 000	700 000	923 000	616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	345 000	168 000	180 000	186 000
Unpaid Taxes	126 000	147 000	159 000	155 000
Dividends	0	0	0	0
Other Current Debt	979 000	821 000	631 000	572 000
Total Current Debt	1 450 000	1 135 000	970 000	914 000
Total Equity and Debt	2 300 000	1 836 000	1 893 000	1 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,12 %	−31,86 %	33,37 %	21,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−12,27 %	−5,16 %	6,79 %	2,85 %
Current Ratio	1,55	1,47	1,85	1,49
Quick Ratio	1,55	1,47	1,85	1,49
Equity Ratio	0,37	0,38	0,49	0,4
Gross Profit Margin	41,38 %	41,52 %	46,56 %	40,91 %