AAREKOL EIENDOM AS

5750 ODDA

Finances

Share Ownership

Return on Equity

70,61 %

Current Ratio

2,85

Debt-to-Equity Ratio

−5,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	243 000	234 000	235 000	231 000
Net Income	−245 000	−12 000	74 000	−65 000
Total Assets	1 701 000	2 002 000	2 094 000	2 038 000
Total Equity	−347 000	−102 000	−91 000	−165 000

Income (NOK)	2022	2021	2020	2019
Revenue	243 000	234 000	235 000	231 000
Expenditure	221 000	121 000	129 000	167 000
Operating Profit	22 000	113 000	106 000	64 000
Financial Income	0	0	0	0
Financial Costs	150 000	128 000	145 000	130 000
Financial Balance	−150 000	−128 000	−145 000	−130 000
Earnings Before Tax	−128 000	−15 000	−39 000	−65 000
Tax	117 000	−3 000	−114 000	0
Net Income	−245 000	−12 000	74 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 492 000	1 714 000	1 814 000	1 805 000
Total Current Assets	208 000	289 000	279 000	233 000
Total Assets	1 701 000	2 002 000	2 094 000	2 038 000
Total Retained Equity	−847 000	−602 000	−591 000	−665 000
Total Equity	−347 000	−102 000	−91 000	−165 000
Total Long-Term Debt	1 975 000	2 038 000	2 102 000	2 162 000
Total Current Debt	73 000	66 000	82 000	42 000
Total Equity and Debt	1 701 000	2 002 000	2 094 000	2 038 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	243 000	234 000	235 000	231 000
Revenue	243 000	234 000	235 000	231 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	104 000	104 000	104 000	104 000
Impairment	0	0	0	0
Expenditure	221 000	121 000	129 000	167 000
Operating Profit	22 000	113 000	106 000	64 000
Financial Income	0	0	0	0
Financial Costs	150 000	128 000	145 000	130 000
Financial Balance	−150 000	−128 000	−145 000	−130 000
Dividends	0	0	0	0
Net Income	−245 000	−12 000	74 000	−65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	117 000	114 000	0
Real Eastate	1 492 000	1 597 000	1 701 000	1 805 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 492 000	1 597 000	1 701 000	1 805 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 492 000	1 714 000	1 814 000	1 805 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 000	12 000	124 000	230 000
Total Current Assets	208 000	289 000	279 000	233 000
Total Assets	1 701 000	2 002 000	2 094 000	2 038 000
Total Equity	−347 000	−102 000	−91 000	−165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 975 000	2 038 000	2 102 000	2 162 000
Creditors	23 000	0	18 000	0
Unpaid Taxes	36 000	55 000	53 000	42 000
Dividends	0	0	0	0
Other Current Debt	14 000	11 000	11 000	0
Total Current Debt	73 000	66 000	82 000	42 000
Total Equity and Debt	1 701 000	2 002 000	2 094 000	2 038 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,61 %	11,76 %	−81,32 %	39,39 %
Debt-to-Equity Ratio	−5,69	−19,98	−23,1	−13,1
Operating Profit Margin	9,05 %	48,29 %	45,11 %	27,71 %
Current Ratio	2,85	4,38	3,4	5,55
Quick Ratio	2,85	4,38	3,4	5,55
Equity Ratio	−0,2	−0,05	−0,04	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %