AKASO ELEKTRO AS

4020 STAVANGER

Finances

Return on Equity

286,17 %

Current Ratio

0,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 262 000	27 076 000	28 628 000	53 688 000
Net Income	1 428 000	1 029 000	1 738 000	−2 889 000
Total Assets	10 722 000	8 924 000	8 603 000	12 598 000
Total Equity	499 000	−929 000	−1 958 000	−3 696 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 262 000	27 076 000	28 628 000	53 688 000
Expenditure	42 254 000	25 477 000	26 150 000	57 351 000
Operating Profit	2 009 000	1 599 000	2 478 000	−3 663 000
Financial Income	16 000	43 000	37 000	137 000
Financial Costs	190 000	320 000	257 000	203 000
Financial Balance	−174 000	−277 000	−220 000	−66 000
Earnings Before Tax	1 834 000	1 322 000	2 257 000	−3 729 000
Tax	406 000	293 000	519 000	−839 000
Net Income	1 428 000	1 029 000	1 738 000	−2 889 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 193 000	2 611 000	2 916 000	3 485 000
Total Current Assets	8 529 000	6 312 000	5 688 000	9 114 000
Total Assets	10 722 000	8 924 000	8 603 000	12 598 000
Total Retained Equity	−1 757 000	−3 185 000	−4 214 000	−5 952 000
Total Equity	499 000	−929 000	−1 958 000	−3 696 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 223 000	9 853 000	10 562 000	16 295 000
Total Equity and Debt	10 722 000	8 924 000	8 603 000	12 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 262 000	26 985 000	28 208 000	53 688 000
Other Income	0	91 000	419 000	0
Revenue	44 262 000	27 076 000	28 628 000	53 688 000
Cost of Goods Sold	20 140 000	7 961 000	8 973 000	32 421 000
Salary Costs	17 820 000	14 167 000	13 849 000	21 596 000
Depreciation	13 000	22 000	50 000	38 000
Impairment	0	0	0	0
Expenditure	42 254 000	25 477 000	26 150 000	57 351 000
Operating Profit	2 009 000	1 599 000	2 478 000	−3 663 000
Financial Income	16 000	43 000	37 000	137 000
Financial Costs	190 000	320 000	257 000	203 000
Financial Balance	−174 000	−277 000	−220 000	−66 000
Dividends	0	0	0	0
Net Income	1 428 000	1 029 000	1 738 000	−2 889 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 067 000	2 473 000	2 765 000	3 285 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	13 000	34 000	84 000
Total Tangible Assets	0	13 000	34 000	84 000
Total Fiancial Fixed Assets	126 000	126 000	116 000	116 000
Total Fixed Assets	2 193 000	2 611 000	2 916 000	3 485 000
Stock	535 000	622 000	582 000	397 000
Total Investments	0	0	0	0
Cash, Bank	949 000	574 000	489 000	835 000
Total Current Assets	8 529 000	6 312 000	5 688 000	9 114 000
Total Assets	10 722 000	8 924 000	8 603 000	12 598 000
Total Equity	499 000	−929 000	−1 958 000	−3 696 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 708 000	1 805 000	983 000	4 817 000
Unpaid Taxes	3 006 000	2 033 000	2 384 000	2 334 000
Dividends	0	0	0	0
Other Current Debt	3 041 000	1 532 000	1 949 000	4 744 000
Total Current Debt	10 223 000	9 853 000	10 562 000	16 295 000
Total Equity and Debt	10 722 000	8 924 000	8 603 000	12 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	286,17 %	−110,76 %	−88,76 %	78,17 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	4,54 %	5,91 %	8,66 %	−6,82 %
Current Ratio	0,83	0,64	0,54	0,56
Quick Ratio	0,88	0,68	0,57	0,57
Equity Ratio	0,05	−0,1	−0,23	−0,29
Gross Profit Margin	54,5 %	70,6 %	68,66 %	39,61 %