ÅRVAK EIENDOM AS

3619 SKOLLENBORG

Finances

Share Ownership

Return on Equity

15,61 %

Current Ratio

2,25

Debt-to-Equity Ratio

−2,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−291 000	−211 000	−198 000	−209 000
Total Assets	2 472 000	2 497 000	2 585 000	2 606 000
Total Equity	−1 864 000	−1 574 000	−1 362 000	−1 164 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	125 000	114 000	96 000	98 000
Operating Profit	−125 000	−114 000	−96 000	−98 000
Financial Income	0	0	0	0
Financial Costs	166 000	98 000	103 000	112 000
Financial Balance	−166 000	−98 000	−103 000	−112 000
Earnings Before Tax	−291 000	−211 000	−198 000	−209 000
Tax	0	0	0	0
Net Income	−291 000	−211 000	−198 000	−209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 427 000	2 477 000	2 527 000	2 577 000
Total Current Assets	45 000	19 000	58 000	28 000
Total Assets	2 472 000	2 497 000	2 585 000	2 606 000
Total Retained Equity	−1 964 000	−1 674 000	−1 462 000	−1 264 000
Total Equity	−1 864 000	−1 574 000	−1 362 000	−1 164 000
Total Long-Term Debt	4 316 000	4 056 000	3 933 000	3 756 000
Total Current Debt	20 000	15 000	15 000	14 000
Total Equity and Debt	2 472 000	2 497 000	2 585 000	2 606 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	50 000	50 000	50 000	50 000
Impairment	0	0	0	0
Expenditure	125 000	114 000	96 000	98 000
Operating Profit	−125 000	−114 000	−96 000	−98 000
Financial Income	0	0	0	0
Financial Costs	166 000	98 000	103 000	112 000
Financial Balance	−166 000	−98 000	−103 000	−112 000
Dividends	0	0	0	0
Net Income	−291 000	−211 000	−198 000	−209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 427 000	2 477 000	2 527 000	2 577 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 427 000	2 477 000	2 527 000	2 577 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 427 000	2 477 000	2 527 000	2 577 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	15 000	53 000	25 000
Total Current Assets	45 000	19 000	58 000	28 000
Total Assets	2 472 000	2 497 000	2 585 000	2 606 000
Total Equity	−1 864 000	−1 574 000	−1 362 000	−1 164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 316 000	4 056 000	3 933 000	3 756 000
Creditors	20 000	15 000	15 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	20 000	15 000	15 000	14 000
Total Equity and Debt	2 472 000	2 497 000	2 585 000	2 606 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,61 %	13,41 %	14,54 %	17,96 %
Debt-to-Equity Ratio	−2,32	−2,58	−2,89	−3,23
Operating Profit Margin	-	-	-	-
Current Ratio	2,25	1,27	3,87	2
Quick Ratio	2,25	1,27	3,87	2
Equity Ratio	−0,75	−0,63	−0,53	−0,45
Gross Profit Margin	-	-	-	-