ÅRVIK BYGG AS

6763 HORNINDAL

Finances

Return on Equity

5,71 %

Current Ratio

0,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 000	32 000	18 000	0
Net Income	4 000	30 000	62 000	−13 000
Total Assets	424 000	405 000	269 000	83 000
Total Equity	70 000	67 000	37 000	−25 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 000	32 000	18 000	0
Expenditure	17 000	19 000	18 000	9 000
Operating Profit	4 000	13 000	0	−9 000
Financial Income	0	19 000	65 000	0
Financial Costs	0	2 000	3 000	3 000
Financial Balance	0	17 000	62 000	−3 000
Earnings Before Tax	4 000	30 000	62 000	−13 000
Tax	0	0	0	0
Net Income	4 000	30 000	62 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	384 000	218 000	55 000
Total Current Assets	19 000	21 000	51 000	28 000
Total Assets	424 000	405 000	269 000	83 000
Total Retained Equity	46 000	42 000	13 000	−49 000
Total Equity	70 000	67 000	37 000	−25 000
Total Long-Term Debt	0	0	15 000	28 000
Total Current Debt	354 000	339 000	217 000	79 000
Total Equity and Debt	424 000	405 000	269 000	83 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	21 000	32 000	18 000	0
Revenue	21 000	32 000	18 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	7 000	5 000	0
Impairment	0	0	0	0
Expenditure	17 000	19 000	18 000	9 000
Operating Profit	4 000	13 000	0	−9 000
Financial Income	0	19 000	65 000	0
Financial Costs	0	2 000	3 000	3 000
Financial Balance	0	17 000	62 000	−3 000
Dividends	0	0	0	0
Net Income	4 000	30 000	62 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	180 000	159 000	166 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	180 000	159 000	166 000	0
Total Fiancial Fixed Assets	225 000	225 000	53 000	55 000
Total Fixed Assets	405 000	384 000	218 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	21 000	4 000	5 000
Total Current Assets	19 000	21 000	51 000	28 000
Total Assets	424 000	405 000	269 000	83 000
Total Equity	70 000	67 000	37 000	−25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	15 000	28 000
Creditors	0	0	0	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	354 000	339 000	217 000	76 000
Total Current Debt	354 000	339 000	217 000	79 000
Total Equity and Debt	424 000	405 000	269 000	83 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,71 %	44,78 %	167,57 %	52 %
Debt-to-Equity Ratio	0	0	0,41	−1,12
Operating Profit Margin	19,05 %	40,63 %	0 %	-
Current Ratio	0,05	0,06	0,24	0,35
Quick Ratio	0,05	0,06	0,24	0,35
Equity Ratio	0,17	0,17	0,14	−0,3
Gross Profit Margin	100 %	100 %	100 %	-