ANDENES NOTBØTERI AS

8300 SVOLVÆR

Finances

Return on Equity

10,33 %

Current Ratio

8,89

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	720 000	720 000	720 000	788 000
Net Income	936 000	679 000	441 000	582 000
Total Assets	11 476 000	10 771 000	12 863 000	12 720 000
Total Equity	9 059 000	8 424 000	10 545 000	10 403 000

Income (NOK)	2022	2021	2020	2019
Revenue	720 000	720 000	720 000	788 000
Expenditure	320 000	382 000	412 000	302 000
Operating Profit	401 000	339 000	308 000	487 000
Financial Income	688 000	450 000	243 000	279 000
Financial Costs	63 000	36 000	45 000	78 000
Financial Balance	625 000	414 000	198 000	201 000
Earnings Before Tax	1 025 000	753 000	507 000	688 000
Tax	89 000	73 000	65 000	105 000
Net Income	936 000	679 000	441 000	582 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 660 000	7 821 000	7 981 000	8 142 000
Total Current Assets	3 815 000	2 950 000	4 881 000	4 578 000
Total Assets	11 476 000	10 771 000	12 863 000	12 720 000
Total Retained Equity	5 059 000	4 423 000	6 544 000	6 403 000
Total Equity	9 059 000	8 424 000	10 545 000	10 403 000
Total Long-Term Debt	1 987 000	1 934 000	1 908 000	1 873 000
Total Current Debt	429 000	413 000	410 000	443 000
Total Equity and Debt	11 476 000	10 771 000	12 863 000	12 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	720 000	720 000	788 000
Other Income	720 000	0	0	0
Revenue	720 000	720 000	720 000	788 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	161 000	161 000	161 000	161 000
Impairment	0	0	0	0
Expenditure	320 000	382 000	412 000	302 000
Operating Profit	401 000	339 000	308 000	487 000
Financial Income	688 000	450 000	243 000	279 000
Financial Costs	63 000	36 000	45 000	78 000
Financial Balance	625 000	414 000	198 000	201 000
Dividends	300 000	300 000	300 000	300 000
Net Income	936 000	679 000	441 000	582 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 810 000	3 970 000	4 131 000	4 291 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 810 000	3 970 000	4 131 000	4 291 000
Total Fiancial Fixed Assets	3 851 000	3 851 000	3 851 000	3 851 000
Total Fixed Assets	7 660 000	7 821 000	7 981 000	8 142 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 736 000	2 371 000	4 452 000	4 149 000
Total Current Assets	3 815 000	2 950 000	4 881 000	4 578 000
Total Assets	11 476 000	10 771 000	12 863 000	12 720 000
Total Equity	9 059 000	8 424 000	10 545 000	10 403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 987 000	1 934 000	1 908 000	1 873 000
Creditors	11 000	24 000	12 000	8 000
Unpaid Taxes	19 000	5 000	23 000	22 000
Dividends	300 000	300 000	300 000	300 000
Other Current Debt	0	0	0	0
Total Current Debt	429 000	413 000	410 000	443 000
Total Equity and Debt	11 476 000	10 771 000	12 863 000	12 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,33 %	8,06 %	4,18 %	5,59 %
Debt-to-Equity Ratio	0,22	0,23	0,18	0,18
Operating Profit Margin	55,69 %	47,08 %	42,78 %	61,8 %
Current Ratio	8,89	7,14	11,9	10,33
Quick Ratio	8,89	7,14	11,9	10,33
Equity Ratio	0,79	0,78	0,82	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %