ÅRDAL TEKNOLOGIPARK AS

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

−134,98 %

Current Ratio

0,29

Debt-to-Equity Ratio

31,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 445 000	0	0	0
Net Income	−1 694 000	−225 000	−1 070 000	−150 000
Total Assets	45 955 000	47 870 000	21 353 000	1 787 000
Total Equity	1 255 000	2 949 000	3 174 000	−56 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 445 000	0	0	0
Expenditure	4 070 000	288 000	188 000	150 000
Operating Profit	−625 000	−288 000	−188 000	−150 000
Financial Income	0	0	0	0
Financial Costs	1 547 000	0	15 000	0
Financial Balance	−1 547 000	0	−15 000	0
Earnings Before Tax	−2 172 000	−288 000	−203 000	−150 000
Tax	−478 000	−63 000	867 000	0
Net Income	−1 694 000	−225 000	−1 070 000	−150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 452 000	46 427 000	15 454 000	225 000
Total Current Assets	1 503 000	1 442 000	5 899 000	1 562 000
Total Assets	45 955 000	47 870 000	21 353 000	1 787 000
Total Retained Equity	−3 145 000	−1 451 000	−1 226 000	−156 000
Total Equity	1 255 000	2 949 000	3 174 000	−56 000
Total Long-Term Debt	39 564 000	38 479 000	12 966 000	1 500 000
Total Current Debt	5 136 000	6 442 000	5 213 000	343 000
Total Equity and Debt	45 955 000	47 870 000	21 353 000	1 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 000	0	0	0
Other Income	3 388 000	0	0	0
Revenue	3 445 000	0	0	0
Cost of Goods Sold	98 000	0	0	0
Salary Costs	209 000	0	0	0
Depreciation	1 861 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	4 070 000	288 000	188 000	150 000
Operating Profit	−625 000	−288 000	−188 000	−150 000
Financial Income	0	0	0	0
Financial Costs	1 547 000	0	15 000	0
Financial Balance	−1 547 000	0	−15 000	0
Dividends	0	0	0	0
Net Income	−1 694 000	−225 000	−1 070 000	−150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	0	0	0
Real Eastate	42 532 000	45 318 000	15 403 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 897 000	1 110 000	51 000	0
Total Tangible Assets	44 429 000	46 427 000	15 454 000	0
Total Fiancial Fixed Assets	0	0	0	225 000
Total Fixed Assets	44 452 000	46 427 000	15 454 000	225 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	983 000	3 027 000	1 562 000
Total Current Assets	1 503 000	1 442 000	5 899 000	1 562 000
Total Assets	45 955 000	47 870 000	21 353 000	1 787 000
Total Equity	1 255 000	2 949 000	3 174 000	−56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 564 000	38 479 000	12 966 000	1 500 000
Creditors	1 255 000	3 113 000	4 264 000	343 000
Unpaid Taxes	107 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	3 328 000	949 000	0
Total Current Debt	5 136 000	6 442 000	5 213 000	343 000
Total Equity and Debt	45 955 000	47 870 000	21 353 000	1 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−134,98 %	−7,63 %	−33,71 %	267,86 %
Debt-to-Equity Ratio	31,53	13,05	4,09	−26,79
Operating Profit Margin	−18,14 %	-	-	-
Current Ratio	0,29	0,22	1,13	4,55
Quick Ratio	0,29	0,22	1,13	4,55
Equity Ratio	0,03	0,06	0,15	−0,03
Gross Profit Margin	97,16 %	-	-	-