ANDENES INVEST AS

8480 ANDENES

Finances

Share Ownership

Return on Equity

27,66 %

Current Ratio

2,07

Debt-to-Equity Ratio

15,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 747 000	1 615 000	1 679 000	595 000
Net Income	182 000	140 000	−63 000	−9 000
Total Assets	11 409 000	11 438 000	12 232 000	10 415 000
Total Equity	658 000	476 000	336 000	399 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 747 000	1 615 000	1 679 000	595 000
Expenditure	1 050 000	1 196 000	1 502 000	471 000
Operating Profit	697 000	419 000	177 000	124 000
Financial Income	23 000	5 000	14 000	13 000
Financial Costs	390 000	245 000	272 000	148 000
Financial Balance	−367 000	−240 000	−258 000	−135 000
Earnings Before Tax	329 000	180 000	−81 000	−11 000
Tax	147 000	40 000	−18 000	−2 000
Net Income	182 000	140 000	−63 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 851 000	10 457 000	11 033 000	8 487 000
Total Current Assets	1 558 000	981 000	1 200 000	1 928 000
Total Assets	11 409 000	11 438 000	12 232 000	10 415 000
Total Retained Equity	568 000	386 000	246 000	309 000
Total Equity	658 000	476 000	336 000	399 000
Total Long-Term Debt	10 000 000	10 600 000	11 810 000	8 852 000
Total Current Debt	751 000	362 000	87 000	1 163 000
Total Equity and Debt	11 409 000	11 438 000	12 232 000	10 415 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 747 000	1 615 000	1 679 000	595 000
Revenue	1 747 000	1 615 000	1 679 000	595 000
Cost of Goods Sold	0	0	0	0
Salary Costs	58 000	58 000	597 000	68 000
Depreciation	602 000	573 000	573 000	161 000
Impairment	0	0	0	0
Expenditure	1 050 000	1 196 000	1 502 000	471 000
Operating Profit	697 000	419 000	177 000	124 000
Financial Income	23 000	5 000	14 000	13 000
Financial Costs	390 000	245 000	272 000	148 000
Financial Balance	−367 000	−240 000	−258 000	−135 000
Dividends	0	0	0	0
Net Income	182 000	140 000	−63 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	7 000	0
Real Eastate	9 851 000	10 409 000	11 026 000	8 487 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	44 000	0	0
Total Tangible Assets	9 851 000	10 453 000	11 026 000	8 487 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 851 000	10 457 000	11 033 000	8 487 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	987 000	670 000	1 181 000	1 180 000
Total Current Assets	1 558 000	981 000	1 200 000	1 928 000
Total Assets	11 409 000	11 438 000	12 232 000	10 415 000
Total Equity	658 000	476 000	336 000	399 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000 000	10 600 000	11 810 000	8 852 000
Creditors	39 000	6 000	3 000	1 158 000
Unpaid Taxes	98 000	5 000	0	0
Dividends	0	0	0	0
Other Current Debt	472 000	314 000	84 000	6 000
Total Current Debt	751 000	362 000	87 000	1 163 000
Total Equity and Debt	11 409 000	11 438 000	12 232 000	10 415 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,66 %	29,41 %	−18,75 %	−2,26 %
Debt-to-Equity Ratio	15,2	22,27	35,15	22,19
Operating Profit Margin	39,9 %	25,94 %	10,54 %	20,84 %
Current Ratio	2,07	2,71	13,79	1,66
Quick Ratio	2,07	2,71	13,79	1,66
Equity Ratio	0,06	0,04	0,03	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %