ÅRDAL BOLIGBYGGELAG

6884 ØVRE ÅRDAL

Finances

Return on Equity

13,94 %

Current Ratio

4,49

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 482 000	10 467 000	9 075 000	8 269 000
Net Income	1 468 000	1 829 000	1 486 000	405 000
Total Assets	13 547 000	11 582 000	10 667 000	9 023 000
Total Equity	10 532 000	9 051 000	7 203 000	5 696 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 482 000	10 467 000	9 075 000	8 269 000
Expenditure	8 750 000	8 162 000	7 532 000	7 752 000
Operating Profit	1 733 000	2 306 000	1 543 000	516 000
Financial Income	372 000	124 000	1 623 000	175 000
Financial Costs	183 000	64 000	1 308 000	160 000
Financial Balance	189 000	60 000	315 000	15 000
Earnings Before Tax	1 922 000	2 365 000	1 859 000	531 000
Tax	453 000	536 000	372 000	126 000
Net Income	1 468 000	1 829 000	1 486 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 857 000	2 032 000	2 097 000	3 481 000
Total Current Assets	11 690 000	9 549 000	8 570 000	5 542 000
Total Assets	13 547 000	11 582 000	10 667 000	9 023 000
Total Retained Equity	10 198 000	8 730 000	6 901 000	5 415 000
Total Equity	10 532 000	9 051 000	7 203 000	5 696 000
Total Long-Term Debt	412 000	652 000	1 713 000	1 845 000
Total Current Debt	2 603 000	1 879 000	1 751 000	1 481 000
Total Equity and Debt	13 547 000	11 582 000	10 667 000	9 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 034 000	6 931 000	5 747 000	4 456 000
Other Income	448 000	3 536 000	3 329 000	3 813 000
Revenue	10 482 000	10 467 000	9 075 000	8 269 000
Cost of Goods Sold	48 000	93 000	128 000	0
Salary Costs	6 308 000	6 167 000	5 670 000	5 264 000
Depreciation	96 000	71 000	107 000	106 000
Impairment	0	0	0	0
Expenditure	8 750 000	8 162 000	7 532 000	7 752 000
Operating Profit	1 733 000	2 306 000	1 543 000	516 000
Financial Income	372 000	124 000	1 623 000	175 000
Financial Costs	183 000	64 000	1 308 000	160 000
Financial Balance	189 000	60 000	315 000	15 000
Dividends	0	0	0	0
Net Income	1 468 000	1 829 000	1 486 000	405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	73 000	0	0
Real Eastate	389 000	424 000	433 000	444 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	17 000	34 000	69 000
Total Tangible Assets	1 036 000	1 088 000	1 114 000	1 159 000
Total Fiancial Fixed Assets	774 000	872 000	983 000	2 322 000
Total Fixed Assets	1 857 000	2 032 000	2 097 000	3 481 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 677 000	8 743 000	7 901 000	4 989 000
Total Current Assets	11 690 000	9 549 000	8 570 000	5 542 000
Total Assets	13 547 000	11 582 000	10 667 000	9 023 000
Total Equity	10 532 000	9 051 000	7 203 000	5 696 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	412 000	652 000	1 713 000	1 845 000
Creditors	389 000	538 000	372 000	489 000
Unpaid Taxes	921 000	766 000	766 000	580 000
Dividends	0	0	0	0
Other Current Debt	799 000	85 000	215 000	327 000
Total Current Debt	2 603 000	1 879 000	1 751 000	1 481 000
Total Equity and Debt	13 547 000	11 582 000	10 667 000	9 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,94 %	20,21 %	20,63 %	7,11 %
Debt-to-Equity Ratio	0,04	0,07	0,24	0,32
Operating Profit Margin	16,53 %	22,03 %	17 %	6,24 %
Current Ratio	4,49	5,08	4,89	3,74
Quick Ratio	4,49	5,08	4,89	3,74
Equity Ratio	0,78	0,78	0,68	0,63
Gross Profit Margin	99,54 %	99,11 %	98,59 %	100 %