ÅRDAL ENERGI HOLDING AS

6884 ØVRE ÅRDAL

Finances

Return on Equity

33,99 %

Current Ratio

2,51

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	182 496 000	132 542 000	88 504 000	108 194 000
Net Income	52 344 000	13 316 000	1 245 000	9 278 000
Total Assets	260 472 000	205 220 000	203 196 000	199 487 000
Total Equity	154 008 000	125 497 000	135 049 000	134 235 000

Income (NOK)	2022	2021	2020	2019
Revenue	182 496 000	132 542 000	88 504 000	108 194 000
Expenditure	122 251 000	114 998 000	85 829 000	95 029 000
Operating Profit	60 246 000	17 544 000	2 676 000	13 165 000
Financial Income	5 786 000	181 000	422 000	1 052 000
Financial Costs	1 841 000	914 000	1 248 000	2 130 000
Financial Balance	3 945 000	−733 000	−826 000	−1 078 000
Earnings Before Tax	64 191 000	16 811 000	1 850 000	12 088 000
Tax	11 846 000	3 495 000	604 000	2 810 000
Net Income	52 344 000	13 316 000	1 245 000	9 278 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 946 000	138 486 000	140 618 000	140 092 000
Total Current Assets	118 526 000	66 734 000	62 579 000	59 395 000
Total Assets	260 472 000	205 220 000	203 196 000	199 487 000
Total Retained Equity	38 931 000	10 743 000	20 603 000	20 360 000
Total Equity	154 008 000	125 497 000	135 049 000	134 235 000
Total Long-Term Debt	59 161 000	32 141 000	41 341 000	44 300 000
Total Current Debt	47 303 000	47 583 000	26 807 000	20 952 000
Total Equity and Debt	260 472 000	205 220 000	203 196 000	199 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	178 534 000	124 967 000	81 754 000	94 427 000
Other Income	3 963 000	7 576 000	6 751 000	13 767 000
Revenue	182 496 000	132 542 000	88 504 000	108 194 000
Cost of Goods Sold	80 622 000	68 781 000	42 027 000	47 497 000
Salary Costs	18 387 000	22 564 000	21 285 000	20 072 000
Depreciation	8 081 000	7 890 000	7 531 000	8 134 000
Impairment	0	0	0	108 000
Expenditure	122 251 000	114 998 000	85 829 000	95 029 000
Operating Profit	60 246 000	17 544 000	2 676 000	13 165 000
Financial Income	5 786 000	181 000	422 000	1 052 000
Financial Costs	1 841 000	914 000	1 248 000	2 130 000
Financial Balance	3 945 000	−733 000	−826 000	−1 078 000
Dividends	19 600 000	22 000 000	0	11 000 000
Net Income	52 344 000	13 316 000	1 245 000	9 278 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	172 000	359 000	546 000	734 000
Total Intangible Assets	1 740 000	912 000	1 542 000	3 270 000
Real Eastate	8 009 000	7 856 000	11 262 000	12 931 000
Machinery and Plant Facilities	3 237 000	3 489 000	3 434 000	3 495 000
Fixtures	3 888 000	4 833 000	5 229 000	6 462 000
Total Tangible Assets	132 403 000	129 790 000	130 502 000	129 363 000
Total Fiancial Fixed Assets	7 802 000	7 784 000	8 574 000	7 459 000
Total Fixed Assets	141 946 000	138 486 000	140 618 000	140 092 000
Stock	960 000	1 023 000	563 000	632 000
Total Investments	0	0	0	0
Cash, Bank	69 729 000	23 579 000	35 741 000	30 957 000
Total Current Assets	118 526 000	66 734 000	62 579 000	59 395 000
Total Assets	260 472 000	205 220 000	203 196 000	199 487 000
Total Equity	154 008 000	125 497 000	135 049 000	134 235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	59 161 000	32 141 000	41 341 000	44 300 000
Creditors	7 385 000	13 281 000	18 810 000	5 578 000
Unpaid Taxes	9 704 000	8 742 000	5 295 000	8 313 000
Dividends	19 600 000	22 000 000	0	11 000 000
Other Current Debt	2 597 000	2 828 000	2 249 000	4 359 000
Total Current Debt	47 303 000	47 583 000	26 807 000	20 952 000
Total Equity and Debt	260 472 000	205 220 000	203 196 000	199 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,99 %	10,61 %	0,92 %	6,91 %
Debt-to-Equity Ratio	0,38	0,26	0,31	0,33
Operating Profit Margin	33,01 %	13,24 %	3,02 %	12,17 %
Current Ratio	2,51	1,4	2,33	2,83
Quick Ratio	2,56	1,43	2,38	2,92
Equity Ratio	0,59	0,61	0,66	0,67
Gross Profit Margin	55,82 %	48,11 %	52,51 %	56,1 %