AREA NETT AS

9750 HONNINGSVÅG

Finances

Return on Equity

5,67 %

Current Ratio

1,72

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	79 997 000	72 236 000	63 344 000	0
Net Income	12 185 000	6 468 000	2 432 000	−9 000
Total Assets	292 289 000	265 507 000	250 461 000	35 000
Total Equity	214 923 000	200 889 000	194 428 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	79 997 000	72 236 000	63 344 000	0
Expenditure	64 370 000	63 888 000	60 160 000	11 000
Operating Profit	15 626 000	8 349 000	3 183 000	−11 000
Financial Income	305 000	89 000	18 000	0
Financial Costs	308 000	130 000	66 000	0
Financial Balance	−3 000	−41 000	−48 000	0
Earnings Before Tax	15 623 000	8 308 000	3 135 000	−11 000
Tax	3 438 000	1 840 000	703 000	−2 000
Net Income	12 185 000	6 468 000	2 432 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	251 283 000	235 559 000	219 737 000	2 000
Total Current Assets	41 005 000	29 948 000	30 724 000	33 000
Total Assets	292 289 000	265 507 000	250 461 000	35 000
Total Retained Equity	18 647 000	6 461 000	0	−9 000
Total Equity	214 923 000	200 889 000	194 428 000	21 000
Total Long-Term Debt	53 572 000	3 183 000	6 359 000	0
Total Current Debt	23 794 000	61 434 000	49 674 000	14 000
Total Equity and Debt	292 289 000	265 507 000	250 461 000	35 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	79 250 000	71 466 000	62 895 000	0
Other Income	747 000	769 000	449 000	0
Revenue	79 997 000	72 236 000	63 344 000	0
Cost of Goods Sold	9 923 000	13 317 000	11 511 000	0
Salary Costs	17 003 000	15 670 000	13 414 000	0
Depreciation	9 061 000	7 740 000	7 053 000	0
Impairment	0	0	0	0
Expenditure	64 370 000	63 888 000	60 160 000	11 000
Operating Profit	15 626 000	8 349 000	3 183 000	−11 000
Financial Income	305 000	89 000	18 000	0
Financial Costs	308 000	130 000	66 000	0
Financial Balance	−3 000	−41 000	−48 000	0
Dividends	0	0	0	0
Net Income	12 185 000	6 468 000	2 432 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	968 000	2 246 000	2 000
Real Eastate	55 733 000	61 204 000	60 047 000	0
Machinery and Plant Facilities	174 627 000	158 225 000	143 103 000	0
Fixtures	20 922 000	15 162 000	14 341 000	0
Total Tangible Assets	251 283 000	234 591 000	217 491 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	251 283 000	235 559 000	219 737 000	2 000
Stock	3 333 000	2 823 000	2 891 000	0
Total Investments	0	0	0	0
Cash, Bank	3 641 000	1 054 000	956 000	30 000
Total Current Assets	41 005 000	29 948 000	30 724 000	33 000
Total Assets	292 289 000	265 507 000	250 461 000	35 000
Total Equity	214 923 000	200 889 000	194 428 000	21 000
Short-Term Group Debt	3 077 000	23 073 000	3 941 000	0
Total Long-Term Debt	53 572 000	3 183 000	6 359 000	0
Creditors	13 159 000	17 420 000	26 088 000	14 000
Unpaid Taxes	1 320 000	1 344 000	883 000	0
Dividends	0	0	0	0
Other Current Debt	6 238 000	19 037 000	18 200 000	0
Total Current Debt	23 794 000	61 434 000	49 674 000	14 000
Total Equity and Debt	292 289 000	265 507 000	250 461 000	35 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,67 %	3,22 %	1,25 %	−42,86 %
Debt-to-Equity Ratio	0,25	0,02	0,03	0
Operating Profit Margin	19,53 %	11,56 %	5,02 %	-
Current Ratio	1,72	0,49	0,62	2,36
Quick Ratio	2	0,51	0,66	2,36
Equity Ratio	0,74	0,76	0,78	0,6
Gross Profit Margin	87,6 %	81,56 %	81,83 %	-