ARENDALS VASDRAGS BRUGSEIERFORENING

4848 ARENDAL

Finances

Share Ownership

Return on Equity

−4,31 %

Current Ratio

0,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2018
Revenue	16 749 000	15 044 000	14 829 000	14 776 000
Net Income	−5 314 000	−5 575 000	−5 702 000	−5 861 000
Total Assets	128 071 000	129 947 000	131 765 000	144 040 000
Total Equity	123 286 000	126 316 000	128 708 000	138 721 000

Income (NOK)	2022	2021	2020	2018
Revenue	16 749 000	15 044 000	14 829 000	14 776 000
Expenditure	22 083 000	20 613 000	20 521 000	20 619 000
Operating Profit	−5 334 000	−5 569 000	−5 692 000	−5 843 000
Financial Income	30 000	2 000	3 000	3 000
Financial Costs	10 000	8 000	13 000	21 000
Financial Balance	20 000	−6 000	−10 000	−18 000
Earnings Before Tax	−5 314 000	−5 575 000	−5 702 000	−5 861 000
Tax	0	0	0	0
Net Income	−5 314 000	−5 575 000	−5 702 000	−5 861 000

Balance (NOK)	2022	2021	2020	2018
Total Fixed Assets	125 630 000	128 489 000	130 848 000	140 791 000
Total Current Assets	2 441 000	1 458 000	917 000	3 249 000
Total Assets	128 071 000	129 947 000	131 765 000	144 040 000
Total Retained Equity	0	0	0	0
Total Equity	123 286 000	126 316 000	128 708 000	138 721 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 785 000	3 630 000	3 057 000	5 319 000
Total Equity and Debt	128 071 000	129 947 000	131 765 000	144 040 000

Cash flow (NOK)	2022	2021	2020	2018
Sales Income	16 642 000	14 931 000	14 709 000	14 672 000
Other Income	107 000	114 000	119 000	104 000
Revenue	16 749 000	15 044 000	14 829 000	14 776 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 263 000	1 214 000	1 152 000	1 123 000
Depreciation	5 314 000	5 575 000	5 702 000	5 861 000
Impairment	0	0	0	0
Expenditure	22 083 000	20 613 000	20 521 000	20 619 000
Operating Profit	−5 334 000	−5 569 000	−5 692 000	−5 843 000
Financial Income	30 000	2 000	3 000	3 000
Financial Costs	10 000	8 000	13 000	21 000
Financial Balance	20 000	−6 000	−10 000	−18 000
Dividends	0	0	0	0
Net Income	−5 314 000	−5 575 000	−5 702 000	−5 861 000

Balance details (NOK)	2022	2021	2020	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	121 467 000	123 751 000	128 579 000	138 144 000
Machinery and Plant Facilities	2 524 000	2 496 000	247 000	58 000
Fixtures	0	0	0	0
Total Tangible Assets	123 992 000	126 247 000	128 827 000	138 202 000
Total Fiancial Fixed Assets	1 638 000	2 242 000	2 021 000	2 589 000
Total Fixed Assets	125 630 000	128 489 000	130 848 000	140 791 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	97 000	79 000	331 000	129 000
Total Current Assets	2 441 000	1 458 000	917 000	3 249 000
Total Assets	128 071 000	129 947 000	131 765 000	144 040 000
Total Equity	123 286 000	126 316 000	128 708 000	138 721 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 455 000	1 491 000	1 660 000	1 122 000
Unpaid Taxes	48 000	46 000	44 000	40 000
Dividends	0	0	0	0
Other Current Debt	399 000	294 000	752 000	169 000
Total Current Debt	4 785 000	3 630 000	3 057 000	5 319 000
Total Equity and Debt	128 071 000	129 947 000	131 765 000	144 040 000

Financial indicators	2022	2021	2020	2018
Return on Equity	−4,31 %	−4,41 %	−4,43 %	−4,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−31,85 %	−37,02 %	−38,38 %	−39,54 %
Current Ratio	0,51	0,4	0,3	0,61
Quick Ratio	0,51	0,4	0,3	0,61
Equity Ratio	0,96	0,97	0,98	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %