AARENES EIENDOM AS

4405 FLEKKEFJORD

Finances

Return on Equity

−3,62 %

Current Ratio

7,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 914 000	1 904 000	981 000	1 065 000
Net Income	−499 000	303 000	−131 000	193 000
Total Assets	14 155 000	14 804 000	14 112 000	14 419 000
Total Equity	13 782 000	14 281 000	13 978 000	14 109 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 914 000	1 904 000	981 000	1 065 000
Expenditure	2 672 000	1 618 000	1 135 000	974 000
Operating Profit	−758 000	285 000	−155 000	90 000
Financial Income	309 000	18 000	24 000	104 000
Financial Costs	50 000	0	0	1 000
Financial Balance	259 000	18 000	24 000	103 000
Earnings Before Tax	−499 000	303 000	−131 000	193 000
Tax	0	0	0	0
Net Income	−499 000	303 000	−131 000	193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 307 000	9 614 000	8 710 000	8 711 000
Total Current Assets	2 848 000	5 189 000	5 402 000	5 708 000
Total Assets	14 155 000	14 804 000	14 112 000	14 419 000
Total Retained Equity	4 536 000	5 035 000	4 732 000	4 863 000
Total Equity	13 782 000	14 281 000	13 978 000	14 109 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	373 000	523 000	135 000	310 000
Total Equity and Debt	14 155 000	14 804 000	14 112 000	14 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	836 000	25 000	755 000	784 000
Other Income	1 079 000	1 878 000	226 000	281 000
Revenue	1 914 000	1 904 000	981 000	1 065 000
Cost of Goods Sold	0	0	0	0
Salary Costs	158 000	214 000	174 000	156 000
Depreciation	25 000	18 000	18 000	18 000
Impairment	0	0	0	0
Expenditure	2 672 000	1 618 000	1 135 000	974 000
Operating Profit	−758 000	285 000	−155 000	90 000
Financial Income	309 000	18 000	24 000	104 000
Financial Costs	50 000	0	0	1 000
Financial Balance	259 000	18 000	24 000	103 000
Dividends	0	0	0	0
Net Income	−499 000	303 000	−131 000	193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 091 000	2 182 000	1 278 000	1 113 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 059 000	6 000 000	6 000 000	6 166 000
Total Tangible Assets	8 150 000	8 182 000	7 278 000	7 279 000
Total Fiancial Fixed Assets	3 157 000	1 432 000	1 432 000	1 432 000
Total Fixed Assets	11 307 000	9 614 000	8 710 000	8 711 000
Stock	0	0	0	0
Total Investments	262 000	311 000	311 000	311 000
Cash, Bank	2 251 000	2 420 000	2 665 000	2 711 000
Total Current Assets	2 848 000	5 189 000	5 402 000	5 708 000
Total Assets	14 155 000	14 804 000	14 112 000	14 419 000
Total Equity	13 782 000	14 281 000	13 978 000	14 109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	113 000	225 000	102 000	271 000
Unpaid Taxes	54 000	201 000	20 000	25 000
Dividends	0	0	0	0
Other Current Debt	207 000	98 000	13 000	13 000
Total Current Debt	373 000	523 000	135 000	310 000
Total Equity and Debt	14 155 000	14 804 000	14 112 000	14 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,62 %	2,12 %	−0,94 %	1,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−39,6 %	14,97 %	−15,8 %	8,45 %
Current Ratio	7,64	9,92	40,01	18,41
Quick Ratio	7,64	9,92	40,01	18,41
Equity Ratio	0,97	0,96	0,99	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %