ÅRNES NÆRINGSSENTER AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

−10,02 %

Current Ratio

5,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 438 000	1 138 000	1 245 000	1 121 000
Net Income	−109 000	94 000	178 000	58 000
Total Assets	1 293 000	1 391 000	1 377 000	1 251 000
Total Equity	1 088 000	1 197 000	1 153 000	1 025 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 438 000	1 138 000	1 245 000	1 121 000
Expenditure	1 590 000	1 023 000	1 025 000	1 056 000
Operating Profit	−152 000	115 000	221 000	65 000
Financial Income	12 000	6 000	8 000	10 000
Financial Costs	0	0	0	0
Financial Balance	12 000	6 000	8 000	10 000
Earnings Before Tax	−140 000	121 000	228 000	74 000
Tax	−31 000	27 000	50 000	16 000
Net Income	−109 000	94 000	178 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	227 000	299 000	377 000	454 000
Total Current Assets	1 066 000	1 091 000	1 000 000	797 000
Total Assets	1 293 000	1 391 000	1 377 000	1 251 000
Total Retained Equity	78 000	187 000	143 000	15 000
Total Equity	1 088 000	1 197 000	1 153 000	1 025 000
Total Long-Term Debt	4 000	34 000	41 000	19 000
Total Current Debt	202 000	160 000	183 000	207 000
Total Equity and Debt	1 293 000	1 391 000	1 377 000	1 251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	259 000	12 000	13 000	0
Other Income	1 180 000	1 126 000	1 233 000	1 120 000
Revenue	1 438 000	1 138 000	1 245 000	1 121 000
Cost of Goods Sold	0	0	0	0
Salary Costs	138 000	110 000	95 000	90 000
Depreciation	72 000	77 000	77 000	77 000
Impairment	0	0	0	0
Expenditure	1 590 000	1 023 000	1 025 000	1 056 000
Operating Profit	−152 000	115 000	221 000	65 000
Financial Income	12 000	6 000	8 000	10 000
Financial Costs	0	0	0	0
Financial Balance	12 000	6 000	8 000	10 000
Dividends	0	51 000	51 000	51 000
Net Income	−109 000	94 000	178 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	26 000	57 000	87 000
Fixtures	227 000	274 000	320 000	366 000
Total Tangible Assets	227 000	299 000	377 000	454 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	227 000	299 000	377 000	454 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	850 000	1 057 000	984 000	781 000
Total Current Assets	1 066 000	1 091 000	1 000 000	797 000
Total Assets	1 293 000	1 391 000	1 377 000	1 251 000
Total Equity	1 088 000	1 197 000	1 153 000	1 025 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	34 000	41 000	19 000
Creditors	65 000	38 000	33 000	40 000
Unpaid Taxes	0	0	0	0
Dividends	0	51 000	51 000	51 000
Other Current Debt	137 000	38 000	71 000	116 000
Total Current Debt	202 000	160 000	183 000	207 000
Total Equity and Debt	1 293 000	1 391 000	1 377 000	1 251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,02 %	7,85 %	15,44 %	5,66 %
Debt-to-Equity Ratio	0	0,03	0,04	0,02
Operating Profit Margin	−10,57 %	10,11 %	17,75 %	5,8 %
Current Ratio	5,28	6,82	5,46	3,85
Quick Ratio	5,28	6,82	5,46	3,85
Equity Ratio	0,84	0,86	0,84	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %