ÅRDAL SJØFRONT AS

6885 ÅRDALSTANGEN

Finances

Return on Equity

−5,08 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	277 000	65 000	126 000	294 000
Net Income	−56 000	−221 000	−16 000	128 000
Total Assets	1 336 000	1 493 000	1 562 000	1 220 000
Total Equity	1 103 000	1 159 000	1 280 000	946 000

Income (NOK)	2022	2021	2020	2019
Revenue	277 000	65 000	126 000	294 000
Expenditure	323 000	294 000	139 000	129 000
Operating Profit	−46 000	−230 000	−12 000	165 000
Financial Income	4 000	0	0	1 000
Financial Costs	14 000	0	4 000	5 000
Financial Balance	−10 000	0	−4 000	−4 000
Earnings Before Tax	−56 000	−230 000	−16 000	161 000
Tax	0	−9 000	0	33 000
Net Income	−56 000	−221 000	−16 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 263 000	1 327 000	1 164 000	1 035 000
Total Current Assets	73 000	165 000	398 000	186 000
Total Assets	1 336 000	1 493 000	1 562 000	1 220 000
Total Retained Equity	−77 000	−21 000	200 000	216 000
Total Equity	1 103 000	1 159 000	1 280 000	946 000
Total Long-Term Debt	175 000	247 000	275 000	200 000
Total Current Debt	58 000	87 000	7 000	74 000
Total Equity and Debt	1 336 000	1 493 000	1 562 000	1 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 000	60 000	73 000	49 000
Other Income	214 000	5 000	53 000	245 000
Revenue	277 000	65 000	126 000	294 000
Cost of Goods Sold	0	1 000	11 000	7 000
Salary Costs	0	0	0	1 000
Depreciation	64 000	41 000	40 000	33 000
Impairment	0	0	0	0
Expenditure	323 000	294 000	139 000	129 000
Operating Profit	−46 000	−230 000	−12 000	165 000
Financial Income	4 000	0	0	1 000
Financial Costs	14 000	0	4 000	5 000
Financial Balance	−10 000	0	−4 000	−4 000
Dividends	0	0	0	0
Net Income	−56 000	−221 000	−16 000	128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	825 000	843 000
Machinery and Plant Facilities	0	0	339 000	192 000
Fixtures	791 000	808 000	0	0
Total Tangible Assets	1 248 000	1 312 000	1 164 000	1 035 000
Total Fiancial Fixed Assets	15 000	15 000	0	0
Total Fixed Assets	1 263 000	1 327 000	1 164 000	1 035 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	49 000	377 000	117 000
Total Current Assets	73 000	165 000	398 000	186 000
Total Assets	1 336 000	1 493 000	1 562 000	1 220 000
Total Equity	1 103 000	1 159 000	1 280 000	946 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	175 000	247 000	275 000	200 000
Creditors	58 000	87 000	7 000	39 000
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	58 000	87 000	7 000	74 000
Total Equity and Debt	1 336 000	1 493 000	1 562 000	1 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,08 %	−19,07 %	−1,25 %	13,53 %
Debt-to-Equity Ratio	0,16	0,21	0,21	0,21
Operating Profit Margin	−16,61 %	−353,85 %	−9,52 %	56,12 %
Current Ratio	1,26	1,9	56,86	2,51
Quick Ratio	1,26	1,9	56,86	2,51
Equity Ratio	0,83	0,78	0,82	0,78
Gross Profit Margin	100 %	98,46 %	91,27 %	97,62 %