ÅRDAL EIGEDOM AS

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

5,23 %

Current Ratio

1,65

Debt-to-Equity Ratio

5,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 550 000	2 139 000	2 014 000	1 890 000
Net Income	133 000	434 000	282 000	128 000
Total Assets	17 283 000	14 780 000	15 296 000	15 918 000
Total Equity	2 542 000	2 410 000	2 326 000	2 536 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 550 000	2 139 000	2 014 000	1 890 000
Expenditure	1 787 000	1 290 000	1 260 000	1 262 000
Operating Profit	763 000	849 000	754 000	629 000
Financial Income	0	0	0	0
Financial Costs	593 000	293 000	392 000	465 000
Financial Balance	−593 000	−293 000	−392 000	−465 000
Earnings Before Tax	170 000	556 000	362 000	164 000
Tax	37 000	122 000	80 000	36 000
Net Income	133 000	434 000	282 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 872 000	14 449 000	14 848 000	15 370 000
Total Current Assets	412 000	331 000	448 000	548 000
Total Assets	17 283 000	14 780 000	15 296 000	15 918 000
Total Retained Equity	1 542 000	1 410 000	1 326 000	1 536 000
Total Equity	2 542 000	2 410 000	2 326 000	2 536 000
Total Long-Term Debt	14 491 000	11 769 000	12 446 000	12 624 000
Total Current Debt	250 000	602 000	523 000	758 000
Total Equity and Debt	17 283 000	14 780 000	15 296 000	15 918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 398 000	2 079 000	2 025 000	1 879 000
Other Income	152 000	60 000	−11 000	11 000
Revenue	2 550 000	2 139 000	2 014 000	1 890 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	725 000	600 000	589 000	513 000
Impairment	0	0	0	0
Expenditure	1 787 000	1 290 000	1 260 000	1 262 000
Operating Profit	763 000	849 000	754 000	629 000
Financial Income	0	0	0	0
Financial Costs	593 000	293 000	392 000	465 000
Financial Balance	−593 000	−293 000	−392 000	−465 000
Dividends	0	350 000	492 000	375 000
Net Income	133 000	434 000	282 000	128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 759 000	14 449 000	14 848 000	15 370 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	113 000	0	0	0
Total Tangible Assets	16 872 000	14 449 000	14 848 000	15 370 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 872 000	14 449 000	14 848 000	15 370 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	315 000	256 000	281 000	300 000
Total Current Assets	412 000	331 000	448 000	548 000
Total Assets	17 283 000	14 780 000	15 296 000	15 918 000
Total Equity	2 542 000	2 410 000	2 326 000	2 536 000
Short-Term Group Debt	0	350 000	350 000	188 000
Total Long-Term Debt	14 491 000	11 769 000	12 446 000	12 624 000
Creditors	129 000	251 000	79 000	555 000
Unpaid Taxes	49 000	0	93 000	0
Dividends	0	350 000	492 000	375 000
Other Current Debt	4 000	1 000	1 000	16 000
Total Current Debt	250 000	602 000	523 000	758 000
Total Equity and Debt	17 283 000	14 780 000	15 296 000	15 918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,23 %	18,01 %	12,12 %	5,05 %
Debt-to-Equity Ratio	5,7	4,88	5,35	4,98
Operating Profit Margin	29,92 %	39,69 %	37,44 %	33,28 %
Current Ratio	1,65	0,55	0,86	0,72
Quick Ratio	1,65	0,55	0,86	0,72
Equity Ratio	0,15	0,16	0,15	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %