ADVANCED MACHINE COMPANY AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

22,57 %

Current Ratio

2,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 693 000	27 208 000	19 220 000	31 004 000
Net Income	1 596 000	6 750 000	118 000	5 670 000
Total Assets	10 810 000	17 734 000	15 728 000	22 989 000
Total Equity	7 072 000	5 476 000	6 726 000	6 608 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 693 000	27 208 000	19 220 000	31 004 000
Expenditure	10 466 000	18 790 000	19 054 000	23 854 000
Operating Profit	2 006 000	8 640 000	105 000	7 210 000
Financial Income	46 000	14 000	61 000	69 000
Financial Costs	4 000	1 000	10 000	6 000
Financial Balance	42 000	13 000	51 000	63 000
Earnings Before Tax	2 047 000	8 654 000	156 000	7 273 000
Tax	450 000	1 904 000	38 000	1 603 000
Net Income	1 596 000	6 750 000	118 000	5 670 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	855 000	1 057 000	1 037 000	991 000
Total Current Assets	9 955 000	16 677 000	14 690 000	21 998 000
Total Assets	10 810 000	17 734 000	15 728 000	22 989 000
Total Retained Equity	6 972 000	5 376 000	6 626 000	6 508 000
Total Equity	7 072 000	5 476 000	6 726 000	6 608 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 738 000	12 258 000	9 002 000	16 382 000
Total Equity and Debt	10 810 000	17 734 000	15 728 000	22 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 337 000	26 933 000	19 022 000	30 793 000
Other Income	356 000	275 000	198 000	211 000
Revenue	12 693 000	27 208 000	19 220 000	31 004 000
Cost of Goods Sold	2 868 000	8 612 000	11 138 000	12 926 000
Salary Costs	5 570 000	6 962 000	5 943 000	7 888 000
Depreciation	211 000	210 000	158 000	48 000
Impairment	0	0	0	0
Expenditure	10 466 000	18 790 000	19 054 000	23 854 000
Operating Profit	2 006 000	8 640 000	105 000	7 210 000
Financial Income	46 000	14 000	61 000	69 000
Financial Costs	4 000	1 000	10 000	6 000
Financial Balance	42 000	13 000	51 000	63 000
Dividends	0	5 000 000	0	1 250 000
Net Income	1 596 000	6 750 000	118 000	5 670 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	286 000	276 000	267 000	267 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	559 000	770 000	760 000	714 000
Total Tangible Assets	559 000	770 000	760 000	714 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	855 000	1 057 000	1 037 000	991 000
Stock	1 200 000	662 000	735 000	837 000
Total Investments	0	0	0	0
Cash, Bank	5 765 000	15 305 000	9 009 000	17 722 000
Total Current Assets	9 955 000	16 677 000	14 690 000	21 998 000
Total Assets	10 810 000	17 734 000	15 728 000	22 989 000
Total Equity	7 072 000	5 476 000	6 726 000	6 608 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	323 000	613 000	483 000	1 190 000
Unpaid Taxes	820 000	2 368 000	1 143 000	2 383 000
Dividends	0	5 000 000	0	1 250 000
Other Current Debt	2 135 000	2 365 000	7 337 000	9 966 000
Total Current Debt	3 738 000	12 258 000	9 002 000	16 382 000
Total Equity and Debt	10 810 000	17 734 000	15 728 000	22 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,57 %	123,27 %	1,75 %	85,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,8 %	31,76 %	0,55 %	23,26 %
Current Ratio	2,66	1,36	1,63	1,34
Quick Ratio	3,92	1,44	1,78	1,42
Equity Ratio	0,65	0,31	0,43	0,29
Gross Profit Margin	77,4 %	68,35 %	42,05 %	58,31 %