ÅSE MØRCH-REIERSEN

2355 GAUPEN

Finances

Share Ownership

Return on Equity

12,13 %

Current Ratio

3,31

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2021	2020	2019
Revenue	10 884 000	11 192 000	9 791 000
Net Income	1 835 000	1 860 000	0
Total Assets	24 366 000	26 385 000	23 843 000
Total Equity	15 123 000	15 656 000	0

Income (NOK)	2021	2020	2019
Revenue	10 884 000	11 192 000	9 791 000
Expenditure	3 753 000	3 270 000	4 523 000
Operating Profit	1 832 000	1 849 000	1 656 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	1 835 000	1 860 000	0
Tax	0	0	0
Net Income	1 835 000	1 860 000	0

Balance (NOK)	2021	2020	2019
Total Fixed Assets	18 838 000	20 082 000	20 150 000
Total Current Assets	5 528 000	6 303 000	3 693 000
Total Assets	24 366 000	26 385 000	23 843 000
Total Retained Equity	0	0	0
Total Equity	15 123 000	15 656 000	0
Total Long-Term Debt	7 571 000	9 586 000	10 642 000
Total Current Debt	1 671 000	1 142 000	555 000
Total Equity and Debt	24 366 000	26 385 000	23 843 000

Cash flow (NOK)	2021	2020	2019
Sales Income	8 560 000	8 660 000	0
Other Income	2 324 000	2 532 000	0
Revenue	10 884 000	11 192 000	9 791 000
Cost of Goods Sold	4 535 000	4 437 000	4 274 000
Salary Costs	421 000	383 000	249 000
Depreciation	−1 203 000	−1 550 000	0
Impairment	0	0	0
Expenditure	3 753 000	3 270 000	4 523 000
Operating Profit	1 832 000	1 849 000	1 656 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	1 835 000	1 860 000	0

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	15 045 000	15 378 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	18 837 000	20 082 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	18 838 000	20 082 000	20 150 000
Stock	2 116 000	1 986 000	2 078 000
Total Investments	659 000	24 000	0
Cash, Bank	0	0	0
Total Current Assets	5 528 000	6 303 000	3 693 000
Total Assets	24 366 000	26 385 000	23 843 000
Total Equity	15 123 000	15 656 000	0
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 571 000	9 586 000	10 642 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	1 671 000	1 142 000	555 000
Total Equity and Debt	24 366 000	26 385 000	23 843 000

Financial indicators	2021	2020	2019
Return on Equity	12,13 %	11,88 %	-
Debt-to-Equity Ratio	0,5	0,61	-
Operating Profit Margin	16,83 %	16,52 %	16,91 %
Current Ratio	3,31	5,52	6,65
Quick Ratio	−12,42	−7,47	−2,42
Equity Ratio	0,62	0,59	0
Gross Profit Margin	58,33 %	60,36 %	56,35 %