ASKELAND AS

4006 STAVANGER

Finances

Return on Equity

42,29 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	82 322 000	68 404 000	57 610 000	54 530 000
Net Income	8 083 000	6 246 000	3 897 000	2 212 000
Total Assets	48 377 000	39 257 000	34 850 000	29 717 000
Total Equity	19 113 000	14 630 000	11 984 000	10 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	82 322 000	68 404 000	57 610 000	54 530 000
Expenditure	72 118 000	60 337 000	52 442 000	51 436 000
Operating Profit	10 203 000	8 067 000	5 167 000	3 094 000
Financial Income	330 000	165 000	133 000	112 000
Financial Costs	146 000	210 000	288 000	359 000
Financial Balance	184 000	−45 000	−155 000	−247 000
Earnings Before Tax	10 387 000	8 022 000	5 012 000	2 847 000
Tax	2 304 000	1 776 000	1 115 000	635 000
Net Income	8 083 000	6 246 000	3 897 000	2 212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 290 000	12 984 000	12 045 000	9 175 000
Total Current Assets	36 088 000	26 273 000	22 804 000	20 542 000
Total Assets	48 377 000	39 257 000	34 850 000	29 717 000
Total Retained Equity	15 296 000	10 813 000	8 167 000	6 370 000
Total Equity	19 113 000	14 630 000	11 984 000	10 187 000
Total Long-Term Debt	0	3 375 000	4 539 000	5 478 000
Total Current Debt	29 264 000	21 251 000	18 327 000	14 052 000
Total Equity and Debt	48 377 000	39 257 000	34 850 000	29 717 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	81 982 000	68 031 000	57 049 000	54 174 000
Other Income	340 000	374 000	561 000	356 000
Revenue	82 322 000	68 404 000	57 610 000	54 530 000
Cost of Goods Sold	50 749 000	40 131 000	35 732 000	34 111 000
Salary Costs	13 784 000	13 057 000	10 491 000	11 126 000
Depreciation	623 000	494 000	663 000	605 000
Impairment	0	0	0	0
Expenditure	72 118 000	60 337 000	52 442 000	51 436 000
Operating Profit	10 203 000	8 067 000	5 167 000	3 094 000
Financial Income	330 000	165 000	133 000	112 000
Financial Costs	146 000	210 000	288 000	359 000
Financial Balance	184 000	−45 000	−155 000	−247 000
Dividends	3 600 000	3 000 000	1 500 000	750 000
Net Income	8 083 000	6 246 000	3 897 000	2 212 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	19 000	6 000	17 000
Real Eastate	1 763 000	1 763 000	1 763 000	1 763 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 666 000	3 566 000	3 415 000	3 836 000
Total Tangible Assets	6 429 000	5 329 000	5 178 000	5 599 000
Total Fiancial Fixed Assets	5 853 000	7 636 000	6 862 000	3 559 000
Total Fixed Assets	12 290 000	12 984 000	12 045 000	9 175 000
Stock	23 289 000	19 224 000	16 113 000	17 081 000
Total Investments	0	0	0	0
Cash, Bank	10 357 000	5 754 000	4 959 000	2 166 000
Total Current Assets	36 088 000	26 273 000	22 804 000	20 542 000
Total Assets	48 377 000	39 257 000	34 850 000	29 717 000
Total Equity	19 113 000	14 630 000	11 984 000	10 187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 375 000	4 539 000	5 478 000
Creditors	16 696 000	11 080 000	10 019 000	8 395 000
Unpaid Taxes	5 226 000	4 136 000	4 056 000	2 931 000
Dividends	3 600 000	3 000 000	1 500 000	750 000
Other Current Debt	1 449 000	1 246 000	1 647 000	1 443 000
Total Current Debt	29 264 000	21 251 000	18 327 000	14 052 000
Total Equity and Debt	48 377 000	39 257 000	34 850 000	29 717 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,29 %	42,69 %	32,52 %	21,71 %
Debt-to-Equity Ratio	0	0,23	0,38	0,54
Operating Profit Margin	12,39 %	11,79 %	8,97 %	5,67 %
Current Ratio	1,23	1,24	1,24	1,46
Quick Ratio	6,04	12,96	10,3	−6,78
Equity Ratio	0,4	0,37	0,34	0,34
Gross Profit Margin	38,35 %	41,33 %	37,98 %	37,45 %