ASKELAND EIENDOMSUTVIKLING AS

4319 SANDNES

Finances

Return on Equity

8,11 %

Current Ratio

22,71

Debt-to-Equity Ratio

3,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 283 000	49 571 000	38 001 000	68 216 000
Net Income	1 368 000	1 269 000	1 637 000	1 523 000
Total Assets	72 686 000	80 686 000	60 631 000	67 214 000
Total Equity	16 878 000	15 510 000	14 691 000	13 504 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 283 000	49 571 000	38 001 000	68 216 000
Expenditure	35 459 000	46 503 000	33 841 000	63 654 000
Operating Profit	3 823 000	3 068 000	4 160 000	4 562 000
Financial Income	93 000	77 000	66 000	67 000
Financial Costs	2 160 000	1 509 000	2 127 000	2 674 000
Financial Balance	−2 067 000	−1 432 000	−2 061 000	−2 607 000
Earnings Before Tax	1 756 000	1 636 000	2 099 000	1 955 000
Tax	388 000	367 000	462 000	432 000
Net Income	1 368 000	1 269 000	1 637 000	1 523 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 754 000	5 000 000	2 855 000	475 000
Total Current Assets	65 932 000	75 687 000	57 776 000	66 739 000
Total Assets	72 686 000	80 686 000	60 631 000	67 214 000
Total Retained Equity	2 779 000	15 360 000	14 541 000	13 354 000
Total Equity	16 878 000	15 510 000	14 691 000	13 504 000
Total Long-Term Debt	52 906 000	62 019 000	45 096 000	49 291 000
Total Current Debt	2 903 000	3 157 000	844 000	4 418 000
Total Equity and Debt	72 686 000	80 686 000	60 631 000	67 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 555 000	48 747 000	37 383 000	67 384 000
Other Income	728 000	824 000	618 000	832 000
Revenue	39 283 000	49 571 000	38 001 000	68 216 000
Cost of Goods Sold	33 783 000	45 765 000	33 066 000	62 777 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	35 459 000	46 503 000	33 841 000	63 654 000
Operating Profit	3 823 000	3 068 000	4 160 000	4 562 000
Financial Income	93 000	77 000	66 000	67 000
Financial Costs	2 160 000	1 509 000	2 127 000	2 674 000
Financial Balance	−2 067 000	−1 432 000	−2 061 000	−2 607 000
Dividends	0	450 000	450 000	450 000
Net Income	1 368 000	1 269 000	1 637 000	1 523 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 754 000	5 000 000	2 855 000	475 000
Total Fixed Assets	6 754 000	5 000 000	2 855 000	475 000
Stock	22 886 000	19 074 000	16 849 000	23 294 000
Total Investments	0	0	0	0
Cash, Bank	394 000	175 000	1 961 000	243 000
Total Current Assets	65 932 000	75 687 000	57 776 000	66 739 000
Total Assets	72 686 000	80 686 000	60 631 000	67 214 000
Total Equity	16 878 000	15 510 000	14 691 000	13 504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 906 000	62 019 000	45 096 000	49 291 000
Creditors	748 000	2 655 000	29 000	3 636 000
Unpaid Taxes	0	0	0	0
Dividends	0	450 000	450 000	450 000
Other Current Debt	2 155 000	52 000	43 000	332 000
Total Current Debt	2 903 000	3 157 000	844 000	4 418 000
Total Equity and Debt	72 686 000	80 686 000	60 631 000	67 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,11 %	8,18 %	11,14 %	11,28 %
Debt-to-Equity Ratio	3,13	4	3,07	3,65
Operating Profit Margin	9,73 %	6,19 %	10,95 %	6,69 %
Current Ratio	22,71	23,97	68,45	15,11
Quick Ratio	−3,3	−4,76	−3,61	−3,54
Equity Ratio	0,23	0,19	0,24	0,2
Gross Profit Margin	14 %	7,68 %	12,99 %	7,97 %