ÅRØSETERVEIEN 1 AS

6422 MOLDE

Finances

Share Ownership

Return on Equity

46,88 %

Current Ratio

2,59

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 754 000	2 672 000	2 481 000	2 593 000
Net Income	1 419 000	1 180 000	1 372 000	1 372 000
Total Assets	9 193 000	8 874 000	9 525 000	9 299 000
Total Equity	3 027 000	3 107 000	3 428 000	3 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 754 000	2 672 000	2 481 000	2 593 000
Expenditure	600 000	1 179 000	694 000	900 000
Operating Profit	2 154 000	1 494 000	1 787 000	1 693 000
Financial Income	137 000	60 000	264 000	189 000
Financial Costs	472 000	42 000	353 000	161 000
Financial Balance	−335 000	18 000	−89 000	28 000
Earnings Before Tax	1 820 000	1 513 000	1 698 000	1 721 000
Tax	400 000	333 000	326 000	348 000
Net Income	1 419 000	1 180 000	1 372 000	1 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 830 000	3 974 000	4 127 000	4 283 000
Total Current Assets	5 363 000	4 900 000	5 398 000	5 016 000
Total Assets	9 193 000	8 874 000	9 525 000	9 299 000
Total Retained Equity	0	0	0	122 000
Total Equity	3 027 000	3 107 000	3 428 000	3 556 000
Total Long-Term Debt	4 094 000	3 883 000	4 111 000	4 020 000
Total Current Debt	2 071 000	1 884 000	1 987 000	1 723 000
Total Equity and Debt	9 193 000	8 874 000	9 525 000	9 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 754 000	2 672 000	2 481 000	2 593 000
Revenue	2 754 000	2 672 000	2 481 000	2 593 000
Cost of Goods Sold	0	0	0	0
Salary Costs	61 000	47 000	114 000	108 000
Depreciation	223 000	213 000	207 000	238 000
Impairment	0	0	0	0
Expenditure	600 000	1 179 000	694 000	900 000
Operating Profit	2 154 000	1 494 000	1 787 000	1 693 000
Financial Income	137 000	60 000	264 000	189 000
Financial Costs	472 000	42 000	353 000	161 000
Financial Balance	−335 000	18 000	−89 000	28 000
Dividends	1 500 000	1 500 000	1 500 000	1 250 000
Net Income	1 419 000	1 180 000	1 372 000	1 372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	572 000	493 000	511 000	460 000
Real Eastate	3 201 000	3 409 000	3 616 000	3 823 000
Machinery and Plant Facilities	36 000	46 000	0	0
Fixtures	20 000	26 000	0	0
Total Tangible Assets	3 258 000	3 480 000	3 616 000	3 823 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 830 000	3 974 000	4 127 000	4 283 000
Stock	0	0	0	0
Total Investments	0	0	0	1 610 000
Cash, Bank	5 354 000	4 893 000	5 361 000	3 398 000
Total Current Assets	5 363 000	4 900 000	5 398 000	5 016 000
Total Assets	9 193 000	8 874 000	9 525 000	9 299 000
Total Equity	3 027 000	3 107 000	3 428 000	3 556 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 094 000	3 883 000	4 111 000	4 020 000
Creditors	6 000	4 000	3 000	2 000
Unpaid Taxes	79 000	62 000	106 000	104 000
Dividends	1 500 000	1 500 000	1 500 000	1 250 000
Other Current Debt	7 000	3 000	0	0
Total Current Debt	2 071 000	1 884 000	1 987 000	1 723 000
Total Equity and Debt	9 193 000	8 874 000	9 525 000	9 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,88 %	37,98 %	40,02 %	38,58 %
Debt-to-Equity Ratio	1,35	1,25	1,2	1,13
Operating Profit Margin	78,21 %	55,91 %	72,03 %	65,29 %
Current Ratio	2,59	2,6	2,72	2,91
Quick Ratio	2,59	2,6	2,72	2,91
Equity Ratio	0,33	0,35	0,36	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %