ÅROS RIDESENTER AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

66,91 %

Current Ratio

0,71

Debt-to-Equity Ratio

−4,73

Key figures (NOK)	2022	2021	2020
Revenue	2 928 000	3 761 000	2 656 000
Net Income	−550 000	221 000	−523 000
Total Assets	4 025 000	3 767 000	3 447 000
Total Equity	−822 000	−272 000	−493 000

Income (NOK)	2022	2021	2020
Revenue	2 928 000	3 761 000	2 656 000
Expenditure	3 253 000	3 414 000	3 114 000
Operating Profit	−325 000	348 000	−459 000
Financial Income	0	3 000	0
Financial Costs	225 000	130 000	64 000
Financial Balance	−225 000	−127 000	−64 000
Earnings Before Tax	−550 000	221 000	−523 000
Tax	0	0	0
Net Income	−550 000	221 000	−523 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 347 000	3 025 000	2 985 000
Total Current Assets	679 000	743 000	463 000
Total Assets	4 025 000	3 767 000	3 447 000
Total Retained Equity	−852 000	−302 000	−523 000
Total Equity	−822 000	−272 000	−493 000
Total Long-Term Debt	3 890 000	3 363 000	2 810 000
Total Current Debt	957 000	676 000	1 130 000
Total Equity and Debt	4 025 000	3 767 000	3 447 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 844 000	3 629 000	2 656 000
Other Income	84 000	132 000	0
Revenue	2 928 000	3 761 000	2 656 000
Cost of Goods Sold	935 000	999 000	843 000
Salary Costs	775 000	1 008 000	678 000
Depreciation	378 000	231 000	251 000
Impairment	0	0	0
Expenditure	3 253 000	3 414 000	3 114 000
Operating Profit	−325 000	348 000	−459 000
Financial Income	0	3 000	0
Financial Costs	225 000	130 000	64 000
Financial Balance	−225 000	−127 000	−64 000
Dividends	0	0	0
Net Income	−550 000	221 000	−523 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 133 000	2 184 000	2 200 000
Machinery and Plant Facilities	0	380 000	263 000
Fixtures	1 213 000	461 000	512 000
Total Tangible Assets	3 347 000	3 025 000	2 975 000
Total Fiancial Fixed Assets	0	0	10 000
Total Fixed Assets	3 347 000	3 025 000	2 985 000
Stock	506 000	601 000	307 000
Total Investments	0	0	0
Cash, Bank	51 000	79 000	98 000
Total Current Assets	679 000	743 000	463 000
Total Assets	4 025 000	3 767 000	3 447 000
Total Equity	−822 000	−272 000	−493 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 890 000	3 363 000	2 810 000
Creditors	262 000	86 000	369 000
Unpaid Taxes	65 000	53 000	82 000
Dividends	0	0	0
Other Current Debt	630 000	537 000	679 000
Total Current Debt	957 000	676 000	1 130 000
Total Equity and Debt	4 025 000	3 767 000	3 447 000

Financial indicators	2022	2021	2020
Return on Equity	66,91 %	−81,25 %	106,09 %
Debt-to-Equity Ratio	−4,73	−12,36	−5,7
Operating Profit Margin	−11,1 %	9,25 %	−17,28 %
Current Ratio	0,71	1,1	0,41
Quick Ratio	1,51	9,91	0,56
Equity Ratio	−0,2	−0,07	−0,14
Gross Profit Margin	68,07 %	73,44 %	68,26 %