AAK SAFETY AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

45,64 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	111 099 000	101 889 000	75 258 000	80 278 000
Net Income	10 881 000	9 930 000	4 564 000	3 147 000
Total Assets	57 029 000	43 536 000	26 566 000	32 863 000
Total Equity	23 840 000	27 959 000	18 029 000	13 465 000

Income (NOK)	2023	2022	2021	2020
Revenue	111 099 000	101 889 000	75 258 000	80 278 000
Expenditure	96 796 000	89 167 000	69 250 000	75 644 000
Operating Profit	14 302 000	12 721 000	6 009 000	4 635 000
Financial Income	624 000	311 000	332 000	176 000
Financial Costs	953 000	286 000	473 000	759 000
Financial Balance	−329 000	25 000	−141 000	−583 000
Earnings Before Tax	13 973 000	12 746 000	5 867 000	4 052 000
Tax	3 092 000	2 816 000	1 303 000	905 000
Net Income	10 881 000	9 930 000	4 564 000	3 147 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	4 633 000	2 402 000	2 704 000	3 290 000
Total Current Assets	52 396 000	41 134 000	23 863 000	29 573 000
Total Assets	57 029 000	43 536 000	26 566 000	32 863 000
Total Retained Equity	22 368 000	26 488 000	16 557 000	11 993 000
Total Equity	23 840 000	27 959 000	18 029 000	13 465 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	33 189 000	15 577 000	8 538 000	19 398 000
Total Equity and Debt	57 029 000	43 536 000	26 566 000	32 863 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	111 099 000	101 889 000	75 258 000	80 278 000
Other Income	0	0	0	0
Revenue	111 099 000	101 889 000	75 258 000	80 278 000
Cost of Goods Sold	50 004 000	47 717 000	34 855 000	37 998 000
Salary Costs	25 918 000	23 548 000	20 092 000	21 590 000
Depreciation	988 000	800 000	903 000	1 114 000
Impairment	0	0	0	0
Expenditure	96 796 000	89 167 000	69 250 000	75 644 000
Operating Profit	14 302 000	12 721 000	6 009 000	4 635 000
Financial Income	624 000	311 000	332 000	176 000
Financial Costs	953 000	286 000	473 000	759 000
Financial Balance	−329 000	25 000	−141 000	−583 000
Dividends	15 000 000	0	0	0
Net Income	10 881 000	9 930 000	4 564 000	3 147 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	100 000	188 000	226 000	295 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 286 000	1 628 000	1 995 000	2 313 000
Fixtures	3 247 000	586 000	482 000	682 000
Total Tangible Assets	4 533 000	2 214 000	2 477 000	2 995 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 633 000	2 402 000	2 704 000	3 290 000
Stock	9 367 000	8 846 000	8 309 000	7 976 000
Total Investments	0	0	0	0
Cash, Bank	26 959 000	15 793 000	6 441 000	6 549 000
Total Current Assets	52 396 000	41 134 000	23 863 000	29 573 000
Total Assets	57 029 000	43 536 000	26 566 000	32 863 000
Total Equity	23 840 000	27 959 000	18 029 000	13 465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 019 000	5 990 000	3 214 000	9 407 000
Unpaid Taxes	5 748 000	3 489 000	2 065 000	4 309 000
Dividends	15 000 000	0	0	0
Other Current Debt	2 867 000	2 789 000	2 510 000	3 686 000
Total Current Debt	33 189 000	15 577 000	8 538 000	19 398 000
Total Equity and Debt	57 029 000	43 536 000	26 566 000	32 863 000

Financial indicators	2023	2022	2021	2020
Return on Equity	45,64 %	35,52 %	25,31 %	23,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,87 %	12,49 %	7,98 %	5,77 %
Current Ratio	1,58	2,64	2,79	1,52
Quick Ratio	2,2	6,11	104,21	2,59
Equity Ratio	0,42	0,64	0,68	0,41
Gross Profit Margin	54,99 %	53,17 %	53,69 %	52,67 %