ARNE BALTESKARD AS

9446 GROVFJORD

Finances

Return on Equity

19,4 %

Current Ratio

9,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	108 000	94 000	85 000	35 000
Net Income	7 730 000	11 709 000	2 272 000	4 192 000
Total Assets	40 143 000	41 077 000	36 660 000	36 424 000
Total Equity	39 842 000	40 412 000	34 303 000	33 531 000

Income (NOK)	2022	2021	2020	2019
Revenue	108 000	94 000	85 000	35 000
Expenditure	85 000	75 000	67 000	73 000
Operating Profit	23 000	19 000	18 000	−38 000
Financial Income	8 074 000	12 103 000	2 548 000	4 389 000
Financial Costs	367 000	348 000	289 000	160 000
Financial Balance	7 707 000	11 755 000	2 259 000	4 229 000
Earnings Before Tax	7 730 000	11 773 000	2 276 000	4 192 000
Tax	0	65 000	4 000	0
Net Income	7 730 000	11 709 000	2 272 000	4 192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 166 000	37 041 000	34 415 000	31 075 000
Total Current Assets	2 977 000	4 036 000	2 245 000	5 349 000
Total Assets	40 143 000	41 077 000	36 660 000	36 424 000
Total Retained Equity	39 017 000	39 587 000	33 478 000	32 706 000
Total Equity	39 842 000	40 412 000	34 303 000	33 531 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	301 000	665 000	2 357 000	2 893 000
Total Equity and Debt	40 143 000	41 077 000	36 660 000	36 424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	108 000	94 000	85 000	35 000
Revenue	108 000	94 000	85 000	35 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	85 000	75 000	67 000	73 000
Operating Profit	23 000	19 000	18 000	−38 000
Financial Income	8 074 000	12 103 000	2 548 000	4 389 000
Financial Costs	367 000	348 000	289 000	160 000
Financial Balance	7 707 000	11 755 000	2 259 000	4 229 000
Dividends	300 000	600 000	0	0
Net Income	7 730 000	11 709 000	2 272 000	4 192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 541 000	3 541 000	3 541 000	3 541 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 541 000	3 541 000	3 541 000	3 541 000
Total Fiancial Fixed Assets	33 625 000	33 500 000	30 874 000	27 534 000
Total Fixed Assets	37 166 000	37 041 000	34 415 000	31 075 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 865 000	3 442 000	2 245 000	5 349 000
Total Current Assets	2 977 000	4 036 000	2 245 000	5 349 000
Total Assets	40 143 000	41 077 000	36 660 000	36 424 000
Total Equity	39 842 000	40 412 000	34 303 000	33 531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	300 000	600 000	0	0
Other Current Debt	0	0	2 352 000	2 892 000
Total Current Debt	301 000	665 000	2 357 000	2 893 000
Total Equity and Debt	40 143 000	41 077 000	36 660 000	36 424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,4 %	28,97 %	6,62 %	12,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,3 %	20,21 %	21,18 %	−108,57 %
Current Ratio	9,89	6,07	0,95	1,85
Quick Ratio	9,89	6,07	0,95	1,85
Equity Ratio	0,99	0,98	0,94	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %