ÅRDAL UTVIKLING

6884 ØVRE ÅRDAL

Finances

Return on Equity

80,66 %

Current Ratio

0,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 802 000	8 720 000	9 855 000	5 922 000
Net Income	4 055 000	−257 000	−88 000	600 000
Total Assets	7 113 000	9 507 000	5 435 000	4 377 000
Total Equity	5 027 000	972 000	1 229 000	1 317 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 802 000	8 720 000	9 855 000	5 922 000
Expenditure	8 764 000	8 987 000	9 974 000	5 413 000
Operating Profit	4 038 000	−267 000	−119 000	508 000
Financial Income	18 000	10 000	32 000	92 000
Financial Costs	1 000	0	0	0
Financial Balance	17 000	10 000	32 000	92 000
Earnings Before Tax	4 055 000	−257 000	−88 000	600 000
Tax	0	0	0	0
Net Income	4 055 000	−257 000	−88 000	600 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 336 000	5 244 000	2 584 000	1 849 000
Total Current Assets	777 000	4 263 000	2 851 000	2 528 000
Total Assets	7 113 000	9 507 000	5 435 000	4 377 000
Total Retained Equity	4 007 000	−48 000	209 000	297 000
Total Equity	5 027 000	972 000	1 229 000	1 317 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 086 000	8 535 000	4 206 000	3 060 000
Total Equity and Debt	7 113 000	9 507 000	5 435 000	4 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 200 000	3 200 000	3 200 000	3 200 000
Other Income	9 602 000	5 520 000	6 655 000	2 722 000
Revenue	12 802 000	8 720 000	9 855 000	5 922 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 554 000	2 430 000	2 459 000	2 098 000
Depreciation	48 000	40 000	36 000	1 000
Impairment	0	0	0	0
Expenditure	8 764 000	8 987 000	9 974 000	5 413 000
Operating Profit	4 038 000	−267 000	−119 000	508 000
Financial Income	18 000	10 000	32 000	92 000
Financial Costs	1 000	0	0	0
Financial Balance	17 000	10 000	32 000	92 000
Dividends	0	0	0	0
Net Income	4 055 000	−257 000	−88 000	600 000

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	46 000	44 000	84 000	59 000
Total Tangible Assets	46 000	44 000	84 000	59 000
Total Fiancial Fixed Assets	6 290 000	5 200 000	2 500 000	1 790 000
Total Fixed Assets	6 336 000	5 244 000	2 584 000	1 849 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	137 000	3 660 000	2 101 000	2 372 000
Total Current Assets	777 000	4 263 000	2 851 000	2 528 000
Total Assets	7 113 000	9 507 000	5 435 000	4 377 000
Total Equity	5 027 000	972 000	1 229 000	1 317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	933 000	2 912 000	1 520 000	179 000
Unpaid Taxes	195 000	178 000	174 000	139 000
Dividends	0	0	0	0
Other Current Debt	635 000	5 445 000	2 511 000	2 742 000
Total Current Debt	2 086 000	8 535 000	4 206 000	3 060 000
Total Equity and Debt	7 113 000	9 507 000	5 435 000	4 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,66 %	−26,44 %	−7,16 %	45,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,54 %	−3,06 %	−1,21 %	8,58 %
Current Ratio	0,37	0,5	0,68	0,83
Quick Ratio	0,37	0,5	0,68	0,83
Equity Ratio	0,71	0,1	0,23	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %