ARE TREINDUSTRIER AS

1814 ASKIM

Finances

Return on Equity

7,49 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	398 674 000	415 677 000	321 400 000	299 673 000
Net Income	5 662 000	20 605 000	2 581 000	−2 816 000
Total Assets	192 768 000	230 484 000	216 727 000	223 272 000
Total Equity	75 640 000	70 448 000	132 381 000	73 370 000

Income (NOK)	2022	2021	2020	2019
Revenue	398 674 000	415 677 000	321 400 000	299 673 000
Expenditure	390 405 000	384 981 000	308 523 000	298 661 000
Operating Profit	8 269 000	30 697 000	8 772 000	3 007 000
Financial Income	4 850 000	238 000	1 146 000	1 371 000
Financial Costs	4 799 000	1 957 000	3 027 000	4 251 000
Financial Balance	51 000	−1 719 000	−1 881 000	−2 880 000
Earnings Before Tax	8 320 000	28 979 000	6 892 000	127 000
Tax	2 658 000	8 373 000	4 311 000	2 943 000
Net Income	5 662 000	20 605 000	2 581 000	−2 816 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 466 000	110 254 000	122 222 000	142 958 000
Total Current Assets	93 301 000	120 230 000	94 505 000	80 313 000
Total Assets	192 768 000	230 484 000	216 727 000	223 272 000
Total Retained Equity	70 793 000	66 072 000	−2 217 000	2 609 000
Total Equity	75 640 000	70 448 000	132 381 000	73 370 000
Total Long-Term Debt	60 733 000	75 402 000	90 541 000	101 374 000
Total Current Debt	56 394 000	84 634 000	58 842 000	48 528 000
Total Equity and Debt	192 768 000	230 484 000	216 727 000	223 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	398 392 000	415 348 000	320 214 000	299 056 000
Other Income	282 000	329 000	1 186 000	617 000
Revenue	398 674 000	415 677 000	321 400 000	299 673 000
Cost of Goods Sold	171 394 000	177 411 000	124 519 000	121 376 000
Salary Costs	144 610 000	133 435 000	110 750 000	114 001 000
Depreciation	13 068 000	17 058 000	21 906 000	22 055 000
Impairment	0	0	0	0
Expenditure	390 405 000	384 981 000	308 523 000	298 661 000
Operating Profit	8 269 000	30 697 000	8 772 000	3 007 000
Financial Income	4 850 000	238 000	1 146 000	1 371 000
Financial Costs	4 799 000	1 957 000	3 027 000	4 251 000
Financial Balance	51 000	−1 719 000	−1 881 000	−2 880 000
Dividends	0	0	0	0
Net Income	5 662 000	20 605 000	2 581 000	−2 816 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	32 813 000	38 283 000	47 348 000	61 439 000
Total Intangible Assets	32 813 000	38 283 000	47 348 000	61 439 000
Real Eastate	48 117 000	49 518 000	51 374 000	52 955 000
Machinery and Plant Facilities	16 352 000	18 916 000	20 095 000	24 152 000
Fixtures	2 084 000	3 281 000	3 121 000	4 156 000
Total Tangible Assets	66 553 000	71 715 000	74 590 000	81 263 000
Total Fiancial Fixed Assets	100 000	256 000	284 000	256 000
Total Fixed Assets	99 466 000	110 254 000	122 222 000	142 958 000
Stock	27 217 000	31 307 000	19 290 000	20 843 000
Total Investments	0	0	0	0
Cash, Bank	22 897 000	28 230 000	39 211 000	20 184 000
Total Current Assets	93 301 000	120 230 000	94 505 000	80 313 000
Total Assets	192 768 000	230 484 000	216 727 000	223 272 000
Total Equity	75 640 000	70 448 000	132 381 000	73 370 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 733 000	75 402 000	90 541 000	101 374 000
Creditors	11 533 000	17 927 000	10 644 000	8 608 000
Unpaid Taxes	14 314 000	18 631 000	14 010 000	14 869 000
Dividends	0	0	0	0
Other Current Debt	26 639 000	32 620 000	23 299 000	21 911 000
Total Current Debt	56 394 000	84 634 000	58 842 000	48 528 000
Total Equity and Debt	192 768 000	230 484 000	216 727 000	223 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,49 %	29,25 %	1,95 %	−3,84 %
Debt-to-Equity Ratio	0,8	1,07	0,68	1,38
Operating Profit Margin	2,07 %	7,38 %	2,73 %	1 %
Current Ratio	1,65	1,42	1,61	1,65
Quick Ratio	3,2	2,25	2,39	2,9
Equity Ratio	0,39	0,31	0,61	0,33
Gross Profit Margin	57,01 %	57,32 %	61,26 %	59,5 %