ÅRÅSSVINGEN 7 AS

1178 OSLO

Finances

Share Ownership

Return on Equity

17,4 %

Current Ratio

4,47

Debt-to-Equity Ratio

2,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 757 000	2 611 000	2 551 000	2 586 000
Net Income	1 675 000	1 554 000	1 211 000	974 000
Total Assets	30 334 000	28 850 000	35 923 000	33 922 000
Total Equity	9 628 000	7 953 000	6 399 000	6 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 757 000	2 611 000	2 551 000	2 586 000
Expenditure	609 000	636 000	645 000	679 000
Operating Profit	2 148 000	1 975 000	1 906 000	1 907 000
Financial Income	0	295 000	104 000	55 000
Financial Costs	1 000	277 000	457 000	713 000
Financial Balance	−1 000	18 000	−353 000	−658 000
Earnings Before Tax	2 147 000	1 992 000	1 552 000	1 249 000
Tax	472 000	438 000	342 000	275 000
Net Income	1 675 000	1 554 000	1 211 000	974 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 843 000	28 198 000	28 146 000	28 547 000
Total Current Assets	2 491 000	652 000	7 777 000	5 375 000
Total Assets	30 334 000	28 850 000	35 923 000	33 922 000
Total Retained Equity	5 928 000	4 253 000	2 699 000	2 458 000
Total Equity	9 628 000	7 953 000	6 399 000	6 158 000
Total Long-Term Debt	20 150 000	20 086 000	28 096 000	26 675 000
Total Current Debt	557 000	811 000	1 428 000	1 089 000
Total Equity and Debt	30 334 000	28 850 000	35 923 000	33 922 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 757 000	2 611 000	2 551 000	2 586 000
Revenue	2 757 000	2 611 000	2 551 000	2 586 000
Cost of Goods Sold	164 000	203 000	0	0
Salary Costs	0	0	0	0
Depreciation	355 000	355 000	401 000	401 000
Impairment	0	0	0	0
Expenditure	609 000	636 000	645 000	679 000
Operating Profit	2 148 000	1 975 000	1 906 000	1 907 000
Financial Income	0	295 000	104 000	55 000
Financial Costs	1 000	277 000	457 000	713 000
Financial Balance	−1 000	18 000	−353 000	−658 000
Dividends	0	0	0	0
Net Income	1 675 000	1 554 000	1 211 000	974 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 843 000	28 198 000	28 146 000	28 547 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 843 000	28 198 000	28 146 000	28 547 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 843 000	28 198 000	28 146 000	28 547 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 312 000	592 000	7 730 000	5 325 000
Total Current Assets	2 491 000	652 000	7 777 000	5 375 000
Total Assets	30 334 000	28 850 000	35 923 000	33 922 000
Total Equity	9 628 000	7 953 000	6 399 000	6 158 000
Short-Term Group Debt	0	0	1 243 000	896 000
Total Long-Term Debt	20 150 000	20 086 000	28 096 000	26 675 000
Creditors	15 000	410 000	99 000	101 000
Unpaid Taxes	129 000	29 000	77 000	87 000
Dividends	0	0	0	0
Other Current Debt	5 000	5 000	10 000	5 000
Total Current Debt	557 000	811 000	1 428 000	1 089 000
Total Equity and Debt	30 334 000	28 850 000	35 923 000	33 922 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,4 %	19,54 %	18,92 %	15,82 %
Debt-to-Equity Ratio	2,09	2,53	4,39	4,33
Operating Profit Margin	77,91 %	75,64 %	74,72 %	73,74 %
Current Ratio	4,47	0,8	5,45	4,94
Quick Ratio	4,47	0,8	5,45	4,94
Equity Ratio	0,32	0,28	0,18	0,18
Gross Profit Margin	94,05 %	92,23 %	100 %	100 %