ATE AS

3920 PORSGRUNN

Finances

Share Ownership

Return on Equity

33,3 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 229 000	47 282 000	22 592 000	52 241 000
Net Income	2 552 000	3 610 000	1 063 000	4 248 000
Total Assets	18 464 000	25 227 000	17 225 000	23 860 000
Total Equity	7 664 000	10 112 000	8 502 000	7 439 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 229 000	47 282 000	22 592 000	52 241 000
Expenditure	44 975 000	42 663 000	21 280 000	46 814 000
Operating Profit	3 254 000	4 619 000	1 312 000	5 428 000
Financial Income	38 000	31 000	70 000	49 000
Financial Costs	21 000	21 000	19 000	31 000
Financial Balance	17 000	10 000	51 000	18 000
Earnings Before Tax	3 271 000	4 629 000	1 362 000	5 446 000
Tax	720 000	1 018 000	300 000	1 198 000
Net Income	2 552 000	3 610 000	1 063 000	4 248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 674 000	3 971 000	4 158 000	3 926 000
Total Current Assets	15 789 000	21 256 000	13 066 000	19 934 000
Total Assets	18 464 000	25 227 000	17 225 000	23 860 000
Total Retained Equity	6 664 000	9 112 000	7 502 000	6 439 000
Total Equity	7 664 000	10 112 000	8 502 000	7 439 000
Total Long-Term Debt	2 305 000	1 585 000	567 000	3 131 000
Total Current Debt	8 495 000	13 529 000	8 156 000	13 290 000
Total Equity and Debt	18 464 000	25 227 000	17 225 000	23 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 229 000	47 132 000	22 592 000	52 241 000
Other Income	0	150 000	0	0
Revenue	48 229 000	47 282 000	22 592 000	52 241 000
Cost of Goods Sold	36 849 000	34 965 000	15 597 000	38 864 000
Salary Costs	4 448 000	4 396 000	3 348 000	4 483 000
Depreciation	219 000	111 000	108 000	87 000
Impairment	0	0	0	0
Expenditure	44 975 000	42 663 000	21 280 000	46 814 000
Operating Profit	3 254 000	4 619 000	1 312 000	5 428 000
Financial Income	38 000	31 000	70 000	49 000
Financial Costs	21 000	21 000	19 000	31 000
Financial Balance	17 000	10 000	51 000	18 000
Dividends	5 000 000	2 000 000	0	4 000 000
Net Income	2 552 000	3 610 000	1 063 000	4 248 000

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	1 653 000	249 000	437 000	204 000
Total Tangible Assets	1 653 000	249 000	437 000	204 000
Total Fiancial Fixed Assets	1 021 000	3 721 000	3 721 000	3 721 000
Total Fixed Assets	2 674 000	3 971 000	4 158 000	3 926 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 758 000	11 266 000	6 942 000	15 069 000
Total Current Assets	15 789 000	21 256 000	13 066 000	19 934 000
Total Assets	18 464 000	25 227 000	17 225 000	23 860 000
Total Equity	7 664 000	10 112 000	8 502 000	7 439 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 305 000	1 585 000	567 000	3 131 000
Creditors	7 208 000	10 345 000	2 025 000	6 249 000
Unpaid Taxes	612 000	1 174 000	829 000	358 000
Dividends	5 000 000	2 000 000	0	4 000 000
Other Current Debt	485 000	2 011 000	2 438 000	2 683 000
Total Current Debt	8 495 000	13 529 000	8 156 000	13 290 000
Total Equity and Debt	18 464 000	25 227 000	17 225 000	23 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,3 %	35,7 %	12,5 %	57,1 %
Debt-to-Equity Ratio	0,3	0,16	0,07	0,42
Operating Profit Margin	6,75 %	9,77 %	5,81 %	10,39 %
Current Ratio	1,86	1,57	1,6	1,5
Quick Ratio	1,86	1,57	1,6	1,5
Equity Ratio	0,42	0,4	0,49	0,31
Gross Profit Margin	23,6 %	26,05 %	30,96 %	25,61 %