Å&Ø UTVIKLING AS

6800 FØRDE

Finances

Return on Equity

23,91 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	106 783 000	36 597 000	167 000	73 361 000
Net Income	2 715 000	1 407 000	−231 000	18 160 000
Total Assets	67 900 000	66 216 000	39 084 000	76 881 000
Total Equity	11 357 000	9 450 000	8 044 000	8 274 000

Income (NOK)	2022	2021	2020	2019
Revenue	106 783 000	36 597 000	167 000	73 361 000
Expenditure	102 320 000	34 014 000	780 000	51 003 000
Operating Profit	4 462 000	2 583 000	−613 000	22 358 000
Financial Income	202 000	20 000	520 000	926 000
Financial Costs	1 183 000	800 000	202 000	1 000
Financial Balance	−981 000	−780 000	318 000	925 000
Earnings Before Tax	3 481 000	1 803 000	−295 000	23 283 000
Tax	766 000	397 000	−64 000	5 122 000
Net Income	2 715 000	1 407 000	−231 000	18 160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000 000	5 000 000	5 110 000	5 000 000
Total Current Assets	62 900 000	61 216 000	33 974 000	71 881 000
Total Assets	67 900 000	66 216 000	39 084 000	76 881 000
Total Retained Equity	10 218 000	8 311 000	6 904 000	7 135 000
Total Equity	11 357 000	9 450 000	8 044 000	8 274 000
Total Long-Term Debt	825 000	287 000	0	0
Total Current Debt	55 718 000	56 479 000	31 041 000	68 607 000
Total Equity and Debt	67 900 000	66 216 000	39 084 000	76 881 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	106 783 000	36 547 000	83 000	73 215 000
Other Income	0	50 000	84 000	147 000
Revenue	106 783 000	36 597 000	167 000	73 361 000
Cost of Goods Sold	100 301 000	32 179 000	−1 394 000	49 576 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	102 320 000	34 014 000	780 000	51 003 000
Operating Profit	4 462 000	2 583 000	−613 000	22 358 000
Financial Income	202 000	20 000	520 000	926 000
Financial Costs	1 183 000	800 000	202 000	1 000
Financial Balance	−981 000	−780 000	318 000	925 000
Dividends	0	0	0	60 000 000
Net Income	2 715 000	1 407 000	−231 000	18 160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	110 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 000 000	5 000 000	5 000 000	5 000 000
Total Fixed Assets	5 000 000	5 000 000	5 110 000	5 000 000
Stock	24 663 000	30 362 000	0	0
Total Investments	0	0	0	0
Cash, Bank	12 482 000	6 317 000	20 021 000	62 025 000
Total Current Assets	62 900 000	61 216 000	33 974 000	71 881 000
Total Assets	67 900 000	66 216 000	39 084 000	76 881 000
Total Equity	11 357 000	9 450 000	8 044 000	8 274 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	825 000	287 000	0	0
Creditors	12 429 000	5 330 000	796 000	1 981 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	60 000 000
Other Current Debt	43 289 000	51 149 000	30 199 000	60 002 000
Total Current Debt	55 718 000	56 479 000	31 041 000	68 607 000
Total Equity and Debt	67 900 000	66 216 000	39 084 000	76 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,91 %	14,89 %	−2,87 %	219,48 %
Debt-to-Equity Ratio	0,07	0,03	0	0
Operating Profit Margin	4,18 %	7,06 %	−367,07 %	30,48 %
Current Ratio	1,13	1,08	1,09	1,05
Quick Ratio	2,03	2,34	1,09	1,05
Equity Ratio	0,17	0,14	0,21	0,11
Gross Profit Margin	6,07 %	12,07 %	934,73 %	32,42 %