M. ASKVIG AS

5560 NEDSTRAND

Finances

Share Ownership

Return on Equity

−9,02 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 200 000	13 381 000	13 750 000	12 567 000
Net Income	−86 000	52 000	143 000	−188 000
Total Assets	2 574 000	3 534 000	3 476 000	2 861 000
Total Equity	953 000	1 038 000	986 000	843 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 200 000	13 381 000	13 750 000	12 567 000
Expenditure	13 247 000	13 260 000	13 505 000	12 788 000
Operating Profit	−48 000	121 000	246 000	−222 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	60 000	55 000	64 000	19 000
Financial Balance	−59 000	−54 000	−63 000	−18 000
Earnings Before Tax	−107 000	68 000	183 000	−240 000
Tax	−22 000	15 000	40 000	−52 000
Net Income	−86 000	52 000	143 000	−188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	602 000	634 000	631 000	605 000
Total Current Assets	1 972 000	2 900 000	2 845 000	2 255 000
Total Assets	2 574 000	3 534 000	3 476 000	2 861 000
Total Retained Equity	863 000	948 000	896 000	753 000
Total Equity	953 000	1 038 000	986 000	843 000
Total Long-Term Debt	0	5 000	9 000	160 000
Total Current Debt	1 621 000	2 491 000	2 481 000	1 857 000
Total Equity and Debt	2 574 000	3 534 000	3 476 000	2 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 937 000	13 098 000	13 440 000	12 276 000
Other Income	263 000	283 000	310 000	290 000
Revenue	13 200 000	13 381 000	13 750 000	12 567 000
Cost of Goods Sold	9 718 000	9 749 000	9 875 000	9 274 000
Salary Costs	1 647 000	1 932 000	1 976 000	1 884 000
Depreciation	135 000	135 000	127 000	157 000
Impairment	0	0	0	0
Expenditure	13 247 000	13 260 000	13 505 000	12 788 000
Operating Profit	−48 000	121 000	246 000	−222 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	60 000	55 000	64 000	19 000
Financial Balance	−59 000	−54 000	−63 000	−18 000
Dividends	0	0	0	0
Net Income	−86 000	52 000	143 000	−188 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	6 000	46 000
Real Eastate	2 000	14 000	26 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	548 000	585 000	563 000	524 000
Total Tangible Assets	550 000	599 000	590 000	524 000
Total Fiancial Fixed Assets	35 000	35 000	35 000	35 000
Total Fixed Assets	602 000	634 000	631 000	605 000
Stock	1 106 000	1 129 000	1 025 000	904 000
Total Investments	0	0	0	0
Cash, Bank	317 000	363 000	249 000	258 000
Total Current Assets	1 972 000	2 900 000	2 845 000	2 255 000
Total Assets	2 574 000	3 534 000	3 476 000	2 861 000
Total Equity	953 000	1 038 000	986 000	843 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	9 000	160 000
Creditors	311 000	648 000	482 000	707 000
Unpaid Taxes	148 000	96 000	105 000	89 000
Dividends	0	0	0	0
Other Current Debt	453 000	754 000	749 000	594 000
Total Current Debt	1 621 000	2 491 000	2 481 000	1 857 000
Total Equity and Debt	2 574 000	3 534 000	3 476 000	2 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,02 %	5,01 %	14,5 %	−22,3 %
Debt-to-Equity Ratio	0	0	0,01	0,19
Operating Profit Margin	−0,36 %	0,9 %	1,79 %	−1,77 %
Current Ratio	1,22	1,16	1,15	1,21
Quick Ratio	3,83	2,13	1,95	2,37
Equity Ratio	0,37	0,29	0,28	0,29
Gross Profit Margin	26,38 %	27,14 %	28,18 %	26,2 %