ÅKREBAKKEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

−6,93 %

Current Ratio

2,15

Debt-to-Equity Ratio

−2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	740 000	791 000	772 000	726 000
Net Income	107 000	269 000	219 000	41 000
Total Assets	2 421 000	2 427 000	2 294 000	2 259 000
Total Equity	−1 544 000	−1 651 000	−1 919 000	−2 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	740 000	791 000	772 000	726 000
Expenditure	535 000	455 000	457 000	572 000
Operating Profit	206 000	336 000	315 000	154 000
Financial Income	1 000	0	0	0
Financial Costs	100 000	67 000	96 000	113 000
Financial Balance	−99 000	−67 000	−96 000	−113 000
Earnings Before Tax	107 000	269 000	219 000	41 000
Tax	0	0	0	0
Net Income	107 000	269 000	219 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 232 000	2 209 000	2 114 000	2 143 000
Total Current Assets	189 000	218 000	179 000	116 000
Total Assets	2 421 000	2 427 000	2 294 000	2 259 000
Total Retained Equity	−1 545 000	−1 652 000	−1 921 000	−2 140 000
Total Equity	−1 544 000	−1 651 000	−1 919 000	−2 138 000
Total Long-Term Debt	3 877 000	3 998 000	4 165 000	4 335 000
Total Current Debt	88 000	80 000	48 000	62 000
Total Equity and Debt	2 421 000	2 427 000	2 294 000	2 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	740 000	791 000	772 000	726 000
Revenue	740 000	791 000	772 000	726 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	26 000	25 000	26 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	535 000	455 000	457 000	572 000
Operating Profit	206 000	336 000	315 000	154 000
Financial Income	1 000	0	0	0
Financial Costs	100 000	67 000	96 000	113 000
Financial Balance	−99 000	−67 000	−96 000	−113 000
Dividends	0	0	0	0
Net Income	107 000	269 000	219 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 069 000	2 069 000	2 069 000	2 069 000
Machinery and Plant Facilities	74 000	52 000	17 000	21 000
Fixtures	0	0	0	0
Total Tangible Assets	2 143 000	2 121 000	2 086 000	2 090 000
Total Fiancial Fixed Assets	88 000	88 000	28 000	53 000
Total Fixed Assets	2 232 000	2 209 000	2 114 000	2 143 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	124 000	156 000	121 000	62 000
Total Current Assets	189 000	218 000	179 000	116 000
Total Assets	2 421 000	2 427 000	2 294 000	2 259 000
Total Equity	−1 544 000	−1 651 000	−1 919 000	−2 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 877 000	3 998 000	4 165 000	4 335 000
Creditors	71 000	65 000	39 000	56 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	17 000	14 000	9 000	7 000
Total Current Debt	88 000	80 000	48 000	62 000
Total Equity and Debt	2 421 000	2 427 000	2 294 000	2 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,93 %	−16,29 %	−11,41 %	−1,92 %
Debt-to-Equity Ratio	−2,51	−2,42	−2,17	−2,03
Operating Profit Margin	27,84 %	42,48 %	40,8 %	21,21 %
Current Ratio	2,15	2,73	3,73	1,87
Quick Ratio	2,15	2,73	3,73	1,87
Equity Ratio	−0,64	−0,68	−0,84	−0,95
Gross Profit Margin	100 %	100 %	100 %	100 %