ARD INVEST AS

5411 STORD

Finances

Return on Equity

−39,02 %

Current Ratio

1,94

Debt-to-Equity Ratio

5,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 559 000	2 750 000	2 657 000	6 056 000
Net Income	−373 000	−66 000	−352 000	−32 000
Total Assets	6 282 000	6 584 000	7 311 000	7 860 000
Total Equity	956 000	1 329 000	1 395 000	1 746 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 559 000	2 750 000	2 657 000	6 056 000
Expenditure	3 744 000	2 588 000	2 834 000	5 782 000
Operating Profit	−185 000	162 000	−177 000	274 000
Financial Income	4 000	5 000	0	0
Financial Costs	296 000	251 000	273 000	311 000
Financial Balance	−292 000	−246 000	−273 000	−311 000
Earnings Before Tax	−477 000	−84 000	−449 000	−37 000
Tax	−104 000	−18 000	−98 000	−5 000
Net Income	−373 000	−66 000	−352 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 403 000	6 080 000	6 689 000	7 599 000
Total Current Assets	879 000	504 000	622 000	261 000
Total Assets	6 282 000	6 584 000	7 311 000	7 860 000
Total Retained Equity	−34 000	339 000	405 000	757 000
Total Equity	956 000	1 329 000	1 395 000	1 746 000
Total Long-Term Debt	4 874 000	4 874 000	5 426 000	5 638 000
Total Current Debt	452 000	381 000	490 000	475 000
Total Equity and Debt	6 282 000	6 584 000	7 311 000	7 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 325 000	1 686 000	1 509 000	6 030 000
Other Income	234 000	1 064 000	1 149 000	26 000
Revenue	3 559 000	2 750 000	2 657 000	6 056 000
Cost of Goods Sold	683 000	328 000	277 000	1 557 000
Salary Costs	856 000	164 000	287 000	988 000
Depreciation	933 000	1 008 000	1 060 000	1 064 000
Impairment	0	0	0	0
Expenditure	3 744 000	2 588 000	2 834 000	5 782 000
Operating Profit	−185 000	162 000	−177 000	274 000
Financial Income	4 000	5 000	0	0
Financial Costs	296 000	251 000	273 000	311 000
Financial Balance	−292 000	−246 000	−273 000	−311 000
Dividends	0	0	0	0
Net Income	−373 000	−66 000	−352 000	−32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 473 000	2 624 000	2 776 000	2 927 000
Machinery and Plant Facilities	1 591 000	1 967 000	2 674 000	3 188 000
Fixtures	939 000	1 089 000	1 239 000	1 447 000
Total Tangible Assets	5 003 000	5 680 000	6 689 000	7 562 000
Total Fiancial Fixed Assets	400 000	400 000	0	37 000
Total Fixed Assets	5 403 000	6 080 000	6 689 000	7 599 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	39 000	19 000	391 000	59 000
Total Current Assets	879 000	504 000	622 000	261 000
Total Assets	6 282 000	6 584 000	7 311 000	7 860 000
Total Equity	956 000	1 329 000	1 395 000	1 746 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 874 000	4 874 000	5 426 000	5 638 000
Creditors	187 000	121 000	32 000	202 000
Unpaid Taxes	79 000	54 000	90 000	167 000
Dividends	0	0	0	0
Other Current Debt	116 000	54 000	368 000	106 000
Total Current Debt	452 000	381 000	490 000	475 000
Total Equity and Debt	6 282 000	6 584 000	7 311 000	7 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,02 %	−4,97 %	−25,23 %	−1,83 %
Debt-to-Equity Ratio	5,1	3,67	3,89	3,23
Operating Profit Margin	−5,2 %	5,89 %	−6,66 %	4,52 %
Current Ratio	1,94	1,32	1,27	0,55
Quick Ratio	1,94	1,32	1,27	0,55
Equity Ratio	0,15	0,2	0,19	0,22
Gross Profit Margin	80,81 %	88,07 %	89,57 %	74,29 %