ANDREASSEN ELEKTRO AS

3023 DRAMMEN

Finances

Share Ownership

Return on Equity

14,7 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 154 000	16 572 000	14 921 000	18 360 000
Net Income	622 000	968 000	696 000	1 346 000
Total Assets	7 608 000	8 115 000	6 543 000	7 924 000
Total Equity	4 230 000	3 808 000	3 339 000	2 743 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 154 000	16 572 000	14 921 000	18 360 000
Expenditure	16 344 000	15 374 000	14 022 000	16 631 000
Operating Profit	810 000	1 199 000	899 000	1 729 000
Financial Income	4 000	50 000	4 000	8 000
Financial Costs	13 000	5 000	7 000	8 000
Financial Balance	−9 000	45 000	−3 000	0
Earnings Before Tax	801 000	1 244 000	895 000	1 729 000
Tax	179 000	276 000	199 000	383 000
Net Income	622 000	968 000	696 000	1 346 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 142 000	1 164 000	598 000	680 000
Total Current Assets	6 466 000	6 951 000	5 945 000	7 244 000
Total Assets	7 608 000	8 115 000	6 543 000	7 924 000
Total Retained Equity	4 128 000	3 705 000	3 237 000	2 640 000
Total Equity	4 230 000	3 808 000	3 339 000	2 743 000
Total Long-Term Debt	212 000	291 000	93 000	144 000
Total Current Debt	3 167 000	4 016 000	3 110 000	5 037 000
Total Equity and Debt	7 608 000	8 115 000	6 543 000	7 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 077 000	16 572 000	14 921 000	18 357 000
Other Income	78 000	0	0	3 000
Revenue	17 154 000	16 572 000	14 921 000	18 360 000
Cost of Goods Sold	6 642 000	5 607 000	4 995 000	7 164 000
Salary Costs	8 054 000	8 190 000	7 353 000	7 259 000
Depreciation	301 000	184 000	127 000	154 000
Impairment	0	0	0	0
Expenditure	16 344 000	15 374 000	14 022 000	16 631 000
Operating Profit	810 000	1 199 000	899 000	1 729 000
Financial Income	4 000	50 000	4 000	8 000
Financial Costs	13 000	5 000	7 000	8 000
Financial Balance	−9 000	45 000	−3 000	0
Dividends	200 000	500 000	100 000	1 000 000
Net Income	622 000	968 000	696 000	1 346 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	27 000	106 000	78 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 142 000	1 137 000	492 000	602 000
Total Tangible Assets	1 142 000	1 137 000	492 000	602 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 142 000	1 164 000	598 000	680 000
Stock	668 000	762 000	695 000	700 000
Total Investments	0	0	0	0
Cash, Bank	3 030 000	2 359 000	2 190 000	3 781 000
Total Current Assets	6 466 000	6 951 000	5 945 000	7 244 000
Total Assets	7 608 000	8 115 000	6 543 000	7 924 000
Total Equity	4 230 000	3 808 000	3 339 000	2 743 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	212 000	291 000	93 000	144 000
Creditors	599 000	574 000	329 000	1 535 000
Unpaid Taxes	1 352 000	1 550 000	1 638 000	1 168 000
Dividends	200 000	500 000	100 000	1 000 000
Other Current Debt	872 000	1 696 000	916 000	1 928 000
Total Current Debt	3 167 000	4 016 000	3 110 000	5 037 000
Total Equity and Debt	7 608 000	8 115 000	6 543 000	7 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,7 %	25,42 %	20,84 %	49,07 %
Debt-to-Equity Ratio	0,05	0,08	0,03	0,05
Operating Profit Margin	4,72 %	7,24 %	6,03 %	9,42 %
Current Ratio	2,04	1,73	1,91	1,44
Quick Ratio	2,59	2,14	2,46	1,67
Equity Ratio	0,56	0,47	0,51	0,35
Gross Profit Margin	61,28 %	66,17 %	66,52 %	60,98 %