ÅRØSETERVEGEN 19

6453 KLEIVE

Finances

Share Ownership

Return on Equity

5,8 %

Current Ratio

1,77

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 986 000	1 831 000	1 283 000	1 108 000
Net Income	336 000	383 000	353 000	374 000
Total Assets	19 511 000	20 395 000	12 921 000	6 716 000
Total Equity	5 797 000	5 460 000	1 585 000	1 632 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 986 000	1 831 000	1 283 000	1 108 000
Expenditure	1 010 000	1 299 000	658 000	439 000
Operating Profit	976 000	532 000	625 000	668 000
Financial Income	72 000	392 000	152 000	0
Financial Costs	617 000	434 000	324 000	189 000
Financial Balance	−545 000	−42 000	−172 000	−189 000
Earnings Before Tax	431 000	491 000	453 000	479 000
Tax	95 000	108 000	99 000	106 000
Net Income	336 000	383 000	353 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 155 000	14 531 000	9 915 000	5 899 000
Total Current Assets	4 356 000	5 864 000	3 006 000	817 000
Total Assets	19 511 000	20 395 000	12 921 000	6 716 000
Total Retained Equity	5 088 000	4 752 000	876 000	1 324 000
Total Equity	5 797 000	5 460 000	1 585 000	1 632 000
Total Long-Term Debt	11 257 000	12 492 000	9 328 000	3 861 000
Total Current Debt	2 457 000	2 442 000	2 008 000	1 223 000
Total Equity and Debt	19 511 000	20 395 000	12 921 000	6 716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	123 000	0	0	0
Other Income	1 863 000	1 831 000	1 283 000	1 108 000
Revenue	1 986 000	1 831 000	1 283 000	1 108 000
Cost of Goods Sold	0	55 000	0	1 000
Salary Costs	0	40 000	46 000	9 000
Depreciation	444 000	393 000	269 000	224 000
Impairment	0	0	0	0
Expenditure	1 010 000	1 299 000	658 000	439 000
Operating Profit	976 000	532 000	625 000	668 000
Financial Income	72 000	392 000	152 000	0
Financial Costs	617 000	434 000	324 000	189 000
Financial Balance	−545 000	−42 000	−172 000	−189 000
Dividends	0	0	0	0
Net Income	336 000	383 000	353 000	374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	144 000	107 000	72 000	44 000
Real Eastate	14 865 000	11 871 000	6 231 000	5 686 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	146 000	253 000	112 000	168 000
Total Tangible Assets	15 011 000	12 124 000	6 343 000	5 855 000
Total Fiancial Fixed Assets	0	2 300 000	3 500 000	0
Total Fixed Assets	15 155 000	14 531 000	9 915 000	5 899 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	226 000	348 000	371 000	306 000
Total Current Assets	4 356 000	5 864 000	3 006 000	817 000
Total Assets	19 511 000	20 395 000	12 921 000	6 716 000
Total Equity	5 797 000	5 460 000	1 585 000	1 632 000
Short-Term Group Debt	80 000	2 025 000	1 287 000	606 000
Total Long-Term Debt	11 257 000	12 492 000	9 328 000	3 861 000
Creditors	86 000	53 000	8 000	3 000
Unpaid Taxes	0	53 000	125 000	315 000
Dividends	0	0	0	0
Other Current Debt	2 160 000	312 000	573 000	299 000
Total Current Debt	2 457 000	2 442 000	2 008 000	1 223 000
Total Equity and Debt	19 511 000	20 395 000	12 921 000	6 716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,8 %	7,01 %	22,27 %	22,92 %
Debt-to-Equity Ratio	1,94	2,29	5,89	2,37
Operating Profit Margin	49,14 %	29,06 %	48,71 %	60,29 %
Current Ratio	1,77	2,4	1,5	0,67
Quick Ratio	1,77	2,4	1,5	0,67
Equity Ratio	0,3	0,27	0,12	0,24
Gross Profit Margin	100 %	97 %	100 %	99,91 %