ÅRØDALEN INVEST AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

30,82 %

Current Ratio

0,37

Debt-to-Equity Ratio

4,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 095 000	1 994 000	1 980 000	1 949 000
Net Income	780 000	657 000	592 000	407 000
Total Assets	13 969 000	15 266 000	15 955 000	15 781 000
Total Equity	2 531 000	2 113 000	1 456 000	865 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 095 000	1 994 000	1 980 000	1 949 000
Expenditure	689 000	872 000	892 000	928 000
Operating Profit	1 406 000	1 122 000	1 087 000	1 022 000
Financial Income	3 000	3 000	2 000	0
Financial Costs	408 000	283 000	331 000	500 000
Financial Balance	−405 000	−280 000	−329 000	−500 000
Earnings Before Tax	1 000 000	842 000	759 000	522 000
Tax	220 000	185 000	167 000	115 000
Net Income	780 000	657 000	592 000	407 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 676 000	14 241 000	14 841 000	15 478 000
Total Current Assets	293 000	1 025 000	1 113 000	302 000
Total Assets	13 969 000	15 266 000	15 955 000	15 781 000
Total Retained Equity	2 501 000	2 083 000	1 426 000	835 000
Total Equity	2 531 000	2 113 000	1 456 000	865 000
Total Long-Term Debt	10 639 000	12 781 000	14 156 000	14 594 000
Total Current Debt	799 000	372 000	342 000	322 000
Total Equity and Debt	13 969 000	15 266 000	15 955 000	15 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 095 000	0	0	0
Other Income	0	1 994 000	1 980 000	1 949 000
Revenue	2 095 000	1 994 000	1 980 000	1 949 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	171 000	171 000	103 000
Depreciation	565 000	600 000	637 000	678 000
Impairment	0	0	0	0
Expenditure	689 000	872 000	892 000	928 000
Operating Profit	1 406 000	1 122 000	1 087 000	1 022 000
Financial Income	3 000	3 000	2 000	0
Financial Costs	408 000	283 000	331 000	500 000
Financial Balance	−405 000	−280 000	−329 000	−500 000
Dividends	0	0	0	0
Net Income	780 000	657 000	592 000	407 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 676 000	14 241 000	14 841 000	15 478 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 676 000	14 241 000	14 841 000	15 478 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 676 000	14 241 000	14 841 000	15 478 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	280 000	1 013 000	1 102 000	297 000
Total Current Assets	293 000	1 025 000	1 113 000	302 000
Total Assets	13 969 000	15 266 000	15 955 000	15 781 000
Total Equity	2 531 000	2 113 000	1 456 000	865 000
Short-Term Group Debt	464 000	0	0	0
Total Long-Term Debt	10 639 000	12 781 000	14 156 000	14 594 000
Creditors	46 000	39 000	39 000	26 000
Unpaid Taxes	79 000	77 000	77 000	75 000
Dividends	0	0	0	0
Other Current Debt	92 000	71 000	58 000	106 000
Total Current Debt	799 000	372 000	342 000	322 000
Total Equity and Debt	13 969 000	15 266 000	15 955 000	15 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,82 %	31,09 %	40,66 %	47,05 %
Debt-to-Equity Ratio	4,2	6,05	9,72	16,87
Operating Profit Margin	67,11 %	56,27 %	54,9 %	52,44 %
Current Ratio	0,37	2,76	3,25	0,94
Quick Ratio	0,37	2,76	3,25	0,94
Equity Ratio	0,18	0,14	0,09	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %