ÅRDAL STÅLINDUSTRI EIGEDOM AS

6884 ØVRE ÅRDAL

Finances

Return on Equity

71,43 %

Current Ratio

0,38

Debt-to-Equity Ratio

4,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 768 000	3 768 000	3 665 000	3 665 000
Net Income	1 900 000	2 219 000	2 159 000	1 773 000
Total Assets	20 959 000	17 071 000	16 036 000	12 848 000
Total Equity	2 660 000	1 930 000	2 082 000	2 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 768 000	3 768 000	3 665 000	3 665 000
Expenditure	982 000	733 000	749 000	1 155 000
Operating Profit	2 786 000	3 035 000	2 916 000	2 510 000
Financial Income	110 000	72 000	93 000	119 000
Financial Costs	460 000	262 000	241 000	355 000
Financial Balance	−350 000	−190 000	−148 000	−236 000
Earnings Before Tax	2 435 000	2 845 000	2 768 000	2 274 000
Tax	536 000	626 000	609 000	500 000
Net Income	1 900 000	2 219 000	2 159 000	1 773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 794 000	11 168 000	10 304 000	12 104 000
Total Current Assets	2 165 000	5 903 000	5 732 000	743 000
Total Assets	20 959 000	17 071 000	16 036 000	12 848 000
Total Retained Equity	2 560 000	1 830 000	1 982 000	1 905 000
Total Equity	2 660 000	1 930 000	2 082 000	2 005 000
Total Long-Term Debt	12 666 000	10 331 000	10 949 000	8 500 000
Total Current Debt	5 634 000	4 810 000	3 005 000	2 343 000
Total Equity and Debt	20 959 000	17 071 000	16 036 000	12 848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 768 000	3 768 000	3 665 000	3 665 000
Revenue	3 768 000	3 768 000	3 665 000	3 665 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	643 000	457 000	443 000	483 000
Impairment	0	0	0	0
Expenditure	982 000	733 000	749 000	1 155 000
Operating Profit	2 786 000	3 035 000	2 916 000	2 510 000
Financial Income	110 000	72 000	93 000	119 000
Financial Costs	460 000	262 000	241 000	355 000
Financial Balance	−350 000	−190 000	−148 000	−236 000
Dividends	0	0	600 000	1 600 000
Net Income	1 900 000	2 219 000	2 159 000	1 773 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 009 000	996 000	953 000	904 000
Real Eastate	15 033 000	7 463 000	6 080 000	6 522 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	5 000	5 000	5 000
Total Tangible Assets	15 038 000	7 468 000	6 085 000	6 527 000
Total Fiancial Fixed Assets	2 747 000	2 705 000	3 267 000	4 673 000
Total Fixed Assets	18 794 000	11 168 000	10 304 000	12 104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 704 000	5 451 000	4 989 000	0
Total Current Assets	2 165 000	5 903 000	5 732 000	743 000
Total Assets	20 959 000	17 071 000	16 036 000	12 848 000
Total Equity	2 660 000	1 930 000	2 082 000	2 005 000
Short-Term Group Debt	4 736 000	4 558 000	2 642 000	1 600 000
Total Long-Term Debt	12 666 000	10 331 000	10 949 000	8 500 000
Creditors	647 000	97 000	13 000	95 000
Unpaid Taxes	0	0	130 000	93 000
Dividends	0	0	600 000	1 600 000
Other Current Debt	32 000	155 000	12 000	2 000
Total Current Debt	5 634 000	4 810 000	3 005 000	2 343 000
Total Equity and Debt	20 959 000	17 071 000	16 036 000	12 848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,43 %	114,97 %	103,7 %	88,43 %
Debt-to-Equity Ratio	4,76	5,35	5,26	4,24
Operating Profit Margin	73,94 %	80,55 %	79,56 %	68,49 %
Current Ratio	0,38	1,23	1,91	0,32
Quick Ratio	0,38	1,23	1,91	0,32
Equity Ratio	0,13	0,11	0,13	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %