ADVANCED ENGINEERING SYSTEMS AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

44,17 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 353 000	4 603 000	4 517 000	5 711 000
Net Income	496 000	78 000	234 000	446 000
Total Assets	2 611 000	1 918 000	2 096 000	2 462 000
Total Equity	1 123 000	876 000	798 000	614 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 353 000	4 603 000	4 517 000	5 711 000
Expenditure	5 682 000	4 470 000	4 198 000	5 146 000
Operating Profit	671 000	132 000	319 000	565 000
Financial Income	22 000	10 000	3 000	1 000
Financial Costs	53 000	43 000	24 000	36 000
Financial Balance	−31 000	−33 000	−21 000	−35 000
Earnings Before Tax	640 000	100 000	298 000	530 000
Tax	144 000	22 000	64 000	83 000
Net Income	496 000	78 000	234 000	446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	331 000	418 000	499 000	457 000
Total Current Assets	2 281 000	1 500 000	1 597 000	2 005 000
Total Assets	2 611 000	1 918 000	2 096 000	2 462 000
Total Retained Equity	1 021 000	774 000	696 000	512 000
Total Equity	1 123 000	876 000	798 000	614 000
Total Long-Term Debt	134 000	229 000	317 000	376 000
Total Current Debt	1 354 000	812 000	980 000	1 472 000
Total Equity and Debt	2 611 000	1 918 000	2 096 000	2 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 353 000	4 603 000	4 515 000	5 607 000
Other Income	0	0	2 000	104 000
Revenue	6 353 000	4 603 000	4 517 000	5 711 000
Cost of Goods Sold	4 169 000	3 076 000	3 062 000	3 817 000
Salary Costs	931 000	843 000	773 000	841 000
Depreciation	87 000	81 000	63 000	55 000
Impairment	0	0	0	0
Expenditure	5 682 000	4 470 000	4 198 000	5 146 000
Operating Profit	671 000	132 000	319 000	565 000
Financial Income	22 000	10 000	3 000	1 000
Financial Costs	53 000	43 000	24 000	36 000
Financial Balance	−31 000	−33 000	−21 000	−35 000
Dividends	250 000	0	50 000	0
Net Income	496 000	78 000	234 000	446 000

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	64 000	97 000	0	0
Fixtures	266 000	321 000	499 000	457 000
Total Tangible Assets	331 000	418 000	499 000	457 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	331 000	418 000	499 000	457 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 613 000	587 000	976 000	648 000
Total Current Assets	2 281 000	1 500 000	1 597 000	2 005 000
Total Assets	2 611 000	1 918 000	2 096 000	2 462 000
Total Equity	1 123 000	876 000	798 000	614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	134 000	229 000	317 000	376 000
Creditors	390 000	366 000	561 000	957 000
Unpaid Taxes	343 000	299 000	262 000	358 000
Dividends	250 000	0	50 000	0
Other Current Debt	222 000	123 000	67 000	73 000
Total Current Debt	1 354 000	812 000	980 000	1 472 000
Total Equity and Debt	2 611 000	1 918 000	2 096 000	2 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,17 %	8,9 %	29,32 %	72,64 %
Debt-to-Equity Ratio	0,12	0,26	0,4	0,61
Operating Profit Margin	10,56 %	2,87 %	7,06 %	9,89 %
Current Ratio	1,68	1,85	1,63	1,36
Quick Ratio	1,68	1,85	1,63	1,36
Equity Ratio	0,43	0,46	0,38	0,25
Gross Profit Margin	34,38 %	33,17 %	32,21 %	33,16 %