AARDALSBAKKE AS

6730 DAVIK

Finances

Share Ownership

Return on Equity

64,05 %

Current Ratio

42,19

Debt-to-Equity Ratio

−5,89

Key figures (NOK)	2022	2021	2020
Revenue	818 000	516 000	79 000
Net Income	−506 000	−305 000	−9 000
Total Assets	3 886 000	1 508 000	26 000
Total Equity	−790 000	−284 000	21 000

Income (NOK)	2022	2021	2020
Revenue	818 000	516 000	79 000
Expenditure	1 325 000	821 000	88 000
Operating Profit	−507 000	−305 000	−9 000
Financial Income	2 000	0	0
Financial Costs	0	0	0
Financial Balance	2 000	0	0
Earnings Before Tax	−506 000	−305 000	−9 000
Tax	0	0	0
Net Income	−506 000	−305 000	−9 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 790 000	1 078 000	0
Total Current Assets	1 097 000	430 000	26 000
Total Assets	3 886 000	1 508 000	26 000
Total Retained Equity	−820 000	−314 000	−9 000
Total Equity	−790 000	−284 000	21 000
Total Long-Term Debt	4 650 000	1 700 000	0
Total Current Debt	26 000	91 000	6 000
Total Equity and Debt	3 886 000	1 508 000	26 000

Cash flow (NOK)	2022	2021	2020
Sales Income	818 000	516 000	79 000
Other Income	0	0	0
Revenue	818 000	516 000	79 000
Cost of Goods Sold	563 000	336 000	50 000
Salary Costs	0	0	0
Depreciation	210 000	0	0
Impairment	0	0	0
Expenditure	1 325 000	821 000	88 000
Operating Profit	−507 000	−305 000	−9 000
Financial Income	2 000	0	0
Financial Costs	0	0	0
Financial Balance	2 000	0	0
Dividends	0	0	0
Net Income	−506 000	−305 000	−9 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	708 000	354 000	0
Machinery and Plant Facilities	1 885 000	0	0
Fixtures	196 000	724 000	0
Total Tangible Assets	2 790 000	1 078 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 790 000	1 078 000	0
Stock	652 000	169 000	0
Total Investments	0	0	0
Cash, Bank	259 000	95 000	0
Total Current Assets	1 097 000	430 000	26 000
Total Assets	3 886 000	1 508 000	26 000
Total Equity	−790 000	−284 000	21 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	4 650 000	1 700 000	0
Creditors	92 000	91 000	5 000
Unpaid Taxes	−72 000	0	0
Dividends	0	0	0
Other Current Debt	6 000	0	1 000
Total Current Debt	26 000	91 000	6 000
Total Equity and Debt	3 886 000	1 508 000	26 000

Financial indicators	2022	2021	2020
Return on Equity	64,05 %	107,39 %	−42,86 %
Debt-to-Equity Ratio	−5,89	−5,99	0
Operating Profit Margin	−61,98 %	−59,11 %	−11,39 %
Current Ratio	42,19	4,73	4,33
Quick Ratio	−1,75	−5,51	4,33
Equity Ratio	−0,2	−0,19	0,81
Gross Profit Margin	31,17 %	34,88 %	36,71 %