ASKELAND RØYR OG VARME AS

5453 UTÅKER

Finances

Return on Equity

14,61 %

Current Ratio

11,68

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 296 000	2 065 000	1 394 000	1 610 000
Net Income	321 000	487 000	−16 000	281 000
Total Assets	2 648 000	2 404 000	1 943 000	1 685 000
Total Equity	2 197 000	1 876 000	1 388 000	1 405 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 296 000	2 065 000	1 394 000	1 610 000
Expenditure	1 056 000	1 466 000	1 294 000	1 523 000
Operating Profit	239 000	600 000	100 000	87 000
Financial Income	10 000	13 000	0	0
Financial Costs	5 000	14 000	97 000	5 000
Financial Balance	5 000	−1 000	−97 000	−5 000
Earnings Before Tax	244 000	599 000	3 000	83 000
Tax	−77 000	111 000	19 000	−198 000
Net Income	321 000	487 000	−16 000	281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	615 000	615 000	672 000	530 000
Total Current Assets	2 033 000	1 789 000	1 271 000	1 155 000
Total Assets	2 648 000	2 404 000	1 943 000	1 685 000
Total Retained Equity	2 097 000	1 775 000	1 288 000	1 304 000
Total Equity	2 197 000	1 876 000	1 388 000	1 405 000
Total Long-Term Debt	277 000	267 000	400 000	1 000
Total Current Debt	174 000	262 000	155 000	279 000
Total Equity and Debt	2 648 000	2 404 000	1 943 000	1 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 296 000	2 065 000	1 382 000	1 536 000
Other Income	0	0	12 000	74 000
Revenue	1 296 000	2 065 000	1 394 000	1 610 000
Cost of Goods Sold	174 000	378 000	325 000	402 000
Salary Costs	586 000	665 000	538 000	693 000
Depreciation	0	57 000	103 000	36 000
Impairment	0	0	0	0
Expenditure	1 056 000	1 466 000	1 294 000	1 523 000
Operating Profit	239 000	600 000	100 000	87 000
Financial Income	10 000	13 000	0	0
Financial Costs	5 000	14 000	97 000	5 000
Financial Balance	5 000	−1 000	−97 000	−5 000
Dividends	0	0	0	0
Net Income	321 000	487 000	−16 000	281 000

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	0	0	0	0
Fixtures	218 000	218 000	275 000	133 000
Total Tangible Assets	218 000	218 000	275 000	133 000
Total Fiancial Fixed Assets	397 000	397 000	397 000	397 000
Total Fixed Assets	615 000	615 000	672 000	530 000
Stock	10 000	10 000	10 000	21 000
Total Investments	1 012 000	1 012 000	1 012 000	1 096 000
Cash, Bank	455 000	211 000	−177 000	−155 000
Total Current Assets	2 033 000	1 789 000	1 271 000	1 155 000
Total Assets	2 648 000	2 404 000	1 943 000	1 685 000
Total Equity	2 197 000	1 876 000	1 388 000	1 405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	277 000	267 000	400 000	1 000
Creditors	113 000	113 000	136 000	168 000
Unpaid Taxes	162 000	162 000	118 000	94 000
Dividends	0	0	0	0
Other Current Debt	83 000	83 000	87 000	223 000
Total Current Debt	174 000	262 000	155 000	279 000
Total Equity and Debt	2 648 000	2 404 000	1 943 000	1 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,61 %	25,96 %	−1,15 %	20 %
Debt-to-Equity Ratio	0,13	0,14	0,29	0
Operating Profit Margin	18,44 %	29,06 %	7,17 %	5,4 %
Current Ratio	11,68	6,83	8,2	4,14
Quick Ratio	12,4	7,1	8,77	4,48
Equity Ratio	0,83	0,78	0,71	0,83
Gross Profit Margin	86,57 %	81,69 %	76,69 %	75,03 %