ÅRNES HANDEL EIENDOM AS

7170 ÅFJORD

Finances

Return on Equity

6,13 %

Current Ratio

1,34

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 348 000	2 131 000	1 890 000	2 737 000
Net Income	250 000	20 000	256 000	418 000
Total Assets	10 207 000	10 328 000	11 337 000	11 958 000
Total Equity	4 078 000	4 504 000	4 635 000	4 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 348 000	2 131 000	1 890 000	2 737 000
Expenditure	1 686 000	1 809 000	1 690 000	2 202 000
Operating Profit	662 000	322 000	200 000	535 000
Financial Income	249 000	198 000	328 000	221 000
Financial Costs	528 000	474 000	271 000	273 000
Financial Balance	−279 000	−276 000	57 000	−52 000
Earnings Before Tax	382 000	46 000	256 000	483 000
Tax	132 000	27 000	0	65 000
Net Income	250 000	20 000	256 000	418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 522 000	8 634 000	8 989 000	9 703 000
Total Current Assets	1 685 000	1 694 000	2 347 000	2 255 000
Total Assets	10 207 000	10 328 000	11 337 000	11 958 000
Total Retained Equity	3 555 000	3 982 000	4 112 000	4 006 000
Total Equity	4 078 000	4 504 000	4 635 000	4 528 000
Total Long-Term Debt	4 870 000	5 279 000	6 225 000	6 852 000
Total Current Debt	1 259 000	545 000	477 000	579 000
Total Equity and Debt	10 207 000	10 328 000	11 337 000	11 958 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 336 000	2 131 000	1 890 000	2 737 000
Other Income	12 000	0	0	0
Revenue	2 348 000	2 131 000	1 890 000	2 737 000
Cost of Goods Sold	0	0	0	0
Salary Costs	236 000	296 000	363 000	391 000
Depreciation	816 000	791 000	781 000	1 101 000
Impairment	0	0	0	0
Expenditure	1 686 000	1 809 000	1 690 000	2 202 000
Operating Profit	662 000	322 000	200 000	535 000
Financial Income	249 000	198 000	328 000	221 000
Financial Costs	528 000	474 000	271 000	273 000
Financial Balance	−279 000	−276 000	57 000	−52 000
Dividends	0	150 000	150 000	150 000
Net Income	250 000	20 000	256 000	418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	827 000	907 000	832 000	764 000
Real Eastate	7 304 000	7 328 000	7 747 000	8 502 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	105 000	113 000	125 000	151 000
Total Tangible Assets	7 409 000	7 441 000	7 872 000	8 654 000
Total Fiancial Fixed Assets	286 000	286 000	286 000	286 000
Total Fixed Assets	8 522 000	8 634 000	8 989 000	9 703 000
Stock	0	0	0	0
Total Investments	853 000	879 000	741 000	456 000
Cash, Bank	781 000	748 000	1 534 000	1 726 000
Total Current Assets	1 685 000	1 694 000	2 347 000	2 255 000
Total Assets	10 207 000	10 328 000	11 337 000	11 958 000
Total Equity	4 078 000	4 504 000	4 635 000	4 528 000
Short-Term Group Debt	923 000	138 000	138 000	0
Total Long-Term Debt	4 870 000	5 279 000	6 225 000	6 852 000
Creditors	138 000	56 000	5 000	125 000
Unpaid Taxes	51 000	15 000	36 000	27 000
Dividends	0	150 000	150 000	150 000
Other Current Debt	117 000	85 000	81 000	72 000
Total Current Debt	1 259 000	545 000	477 000	579 000
Total Equity and Debt	10 207 000	10 328 000	11 337 000	11 958 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,13 %	0,44 %	5,52 %	9,23 %
Debt-to-Equity Ratio	1,19	1,17	1,34	1,51
Operating Profit Margin	28,19 %	15,11 %	10,58 %	19,55 %
Current Ratio	1,34	3,11	4,92	3,89
Quick Ratio	1,34	3,11	4,92	3,89
Equity Ratio	0,4	0,44	0,41	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %