ARMOE EIENDOM AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

89,09 %

Current Ratio

1,43

Debt-to-Equity Ratio

7,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	594 000	564 000	556 000	544 000
Net Income	294 000	300 000	325 000	306 000
Total Assets	3 299 000	3 137 000	2 927 000	2 593 000
Total Equity	330 000	302 000	114 000	−211 000

Income (NOK)	2022	2021	2020	2019
Revenue	594 000	564 000	556 000	544 000
Expenditure	89 000	107 000	114 000	94 000
Operating Profit	504 000	457 000	442 000	450 000
Financial Income	0	0	0	0
Financial Costs	127 000	100 000	117 000	143 000
Financial Balance	−127 000	−100 000	−117 000	−143 000
Earnings Before Tax	377 000	358 000	325 000	306 000
Tax	83 000	58 000	0	0
Net Income	294 000	300 000	325 000	306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 633 000	2 697 000	2 599 000	2 588 000
Total Current Assets	666 000	440 000	329 000	5 000
Total Assets	3 299 000	3 137 000	2 927 000	2 593 000
Total Retained Equity	304 000	275 000	87 000	−237 000
Total Equity	330 000	302 000	114 000	−211 000
Total Long-Term Debt	2 501 000	2 564 000	2 538 000	2 770 000
Total Current Debt	467 000	271 000	275 000	34 000
Total Equity and Debt	3 299 000	3 137 000	2 927 000	2 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	594 000	564 000	556 000	544 000
Revenue	594 000	564 000	556 000	544 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	41 000	39 000	39 000	39 000
Impairment	0	0	0	0
Expenditure	89 000	107 000	114 000	94 000
Operating Profit	504 000	457 000	442 000	450 000
Financial Income	0	0	0	0
Financial Costs	127 000	100 000	117 000	143 000
Financial Balance	−127 000	−100 000	−117 000	−143 000
Dividends	0	0	0	0
Net Income	294 000	300 000	325 000	306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 781 000	1 800 000	1 839 000	1 878 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	49 000	0	0	0
Total Tangible Assets	1 830 000	1 800 000	1 839 000	1 878 000
Total Fiancial Fixed Assets	803 000	897 000	760 000	710 000
Total Fixed Assets	2 633 000	2 697 000	2 599 000	2 588 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	604 000	438 000	267 000	0
Total Current Assets	666 000	440 000	329 000	5 000
Total Assets	3 299 000	3 137 000	2 927 000	2 593 000
Total Equity	330 000	302 000	114 000	−211 000
Short-Term Group Debt	341 000	144 000	0	0
Total Long-Term Debt	2 501 000	2 564 000	2 538 000	2 770 000
Creditors	2 000	8 000	22 000	14 000
Unpaid Taxes	18 000	15 000	18 000	20 000
Dividends	0	0	0	0
Other Current Debt	106 000	105 000	234 000	0
Total Current Debt	467 000	271 000	275 000	34 000
Total Equity and Debt	3 299 000	3 137 000	2 927 000	2 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,09 %	99,34 %	285,09 %	−145,02 %
Debt-to-Equity Ratio	7,58	8,49	22,26	−13,13
Operating Profit Margin	84,85 %	81,03 %	79,5 %	82,72 %
Current Ratio	1,43	1,62	1,2	0,15
Quick Ratio	1,43	1,62	1,2	0,15
Equity Ratio	0,1	0,1	0,04	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %