ÅRSVOLLVEIEN 63/87 AS

4323 SANDNES

Finances

Share Ownership

Return on Equity

43,92 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	48 000
Net Income	−394 000	−300 000	−299 000	−53 000
Total Assets	6 906 000	6 112 000	5 686 000	5 591 000
Total Equity	−897 000	−725 000	−425 000	−126 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	48 000
Expenditure	74 000	103 000	143 000	118 000
Operating Profit	−74 000	−102 000	−142 000	−70 000
Financial Income	0	0	0	2 000
Financial Costs	431 000	282 000	242 000	0
Financial Balance	−431 000	−282 000	−242 000	2 000
Earnings Before Tax	−506 000	−384 000	−384 000	−68 000
Tax	−111 000	−85 000	−84 000	−15 000
Net Income	−394 000	−300 000	−299 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 594 000	5 997 000	5 663 000	5 558 000
Total Current Assets	312 000	116 000	23 000	33 000
Total Assets	6 906 000	6 112 000	5 686 000	5 591 000
Total Retained Equity	−1 212 000	−818 000	−518 000	−219 000
Total Equity	−897 000	−725 000	−425 000	−126 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 803 000	6 837 000	6 112 000	5 717 000
Total Equity and Debt	6 906 000	6 112 000	5 686 000	5 591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	48 000
Revenue	0	0	0	48 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	39 000	39 000	39 000
Impairment	0	0	0	0
Expenditure	74 000	103 000	143 000	118 000
Operating Profit	−74 000	−102 000	−142 000	−70 000
Financial Income	0	0	0	2 000
Financial Costs	431 000	282 000	242 000	0
Financial Balance	−431 000	−282 000	−242 000	2 000
Dividends	0	0	0	0
Net Income	−394 000	−300 000	−299 000	−53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	299 000	251 000	166 000	82 000
Real Eastate	6 295 000	5 746 000	5 497 000	5 476 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 295 000	5 746 000	5 497 000	5 476 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 594 000	5 997 000	5 663 000	5 558 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	115 000	23 000	33 000
Total Current Assets	312 000	116 000	23 000	33 000
Total Assets	6 906 000	6 112 000	5 686 000	5 591 000
Total Equity	−897 000	−725 000	−425 000	−126 000
Short-Term Group Debt	7 803 000	6 648 000	6 057 000	5 715 000
Total Long-Term Debt	0	0	0	0
Creditors	0	189 000	55 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	7 803 000	6 837 000	6 112 000	5 717 000
Total Equity and Debt	6 906 000	6 112 000	5 686 000	5 591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,92 %	41,38 %	70,35 %	42,06 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	-	-	−145,83 %
Current Ratio	0,04	0,02	0	0,01
Quick Ratio	0,04	0,02	0	0,01
Equity Ratio	−0,13	−0,12	−0,07	−0,02
Gross Profit Margin	-	-	-	100 %