LEGAL EIGEDOM ÅRDAL AS

6884 ØVRE ÅRDAL

Finances

Return on Equity

−20,08 %

Current Ratio

0,37

Debt-to-Equity Ratio

2,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 036 000	2 032 000	2 682 000	2 124 000
Net Income	−1 159 000	538 000	1 052 000	3 122 000
Total Assets	21 032 000	24 261 000	20 145 000	19 207 000
Total Equity	5 772 000	7 642 000	7 596 000	7 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 036 000	2 032 000	2 682 000	2 124 000
Expenditure	3 509 000	1 604 000	1 746 000	2 240 000
Operating Profit	−1 472 000	429 000	937 000	−117 000
Financial Income	415 000	374 000	287 000	4 608 000
Financial Costs	529 000	315 000	9 000	1 475 000
Financial Balance	−114 000	59 000	278 000	3 133 000
Earnings Before Tax	−1 586 000	488 000	1 215 000	3 016 000
Tax	−427 000	−50 000	163 000	−106 000
Net Income	−1 159 000	538 000	1 052 000	3 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 347 000	22 702 000	17 209 000	14 019 000
Total Current Assets	685 000	1 559 000	2 936 000	5 188 000
Total Assets	21 032 000	24 261 000	20 145 000	19 207 000
Total Retained Equity	2 411 000	4 281 000	4 235 000	4 153 000
Total Equity	5 772 000	7 642 000	7 596 000	7 184 000
Total Long-Term Debt	13 411 000	14 433 000	10 369 000	10 946 000
Total Current Debt	1 849 000	2 187 000	2 180 000	1 077 000
Total Equity and Debt	21 032 000	24 261 000	20 145 000	19 207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 036 000	2 032 000	2 682 000	2 124 000
Revenue	2 036 000	2 032 000	2 682 000	2 124 000
Cost of Goods Sold	30 000	17 000	46 000	66 000
Salary Costs	1 324 000	234 000	263 000	192 000
Depreciation	516 000	532 000	427 000	410 000
Impairment	876 000	0	0	0
Expenditure	3 509 000	1 604 000	1 746 000	2 240 000
Operating Profit	−1 472 000	429 000	937 000	−117 000
Financial Income	415 000	374 000	287 000	4 608 000
Financial Costs	529 000	315 000	9 000	1 475 000
Financial Balance	−114 000	59 000	278 000	3 133 000
Dividends	711 000	0	0	0
Net Income	−1 159 000	538 000	1 052 000	3 122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	230 000	0	0	0
Real Eastate	10 970 000	11 680 000	10 737 000	11 343 000
Machinery and Plant Facilities	380 000	483 000	464 000	558 000
Fixtures	47 000	47 000	47 000	47 000
Total Tangible Assets	11 398 000	12 210 000	11 247 000	11 948 000
Total Fiancial Fixed Assets	8 719 000	10 492 000	5 962 000	2 071 000
Total Fixed Assets	20 347 000	22 702 000	17 209 000	14 019 000
Stock	0	0	0	0
Total Investments	0	0	0	2 000
Cash, Bank	77 000	916 000	1 480 000	3 273 000
Total Current Assets	685 000	1 559 000	2 936 000	5 188 000
Total Assets	21 032 000	24 261 000	20 145 000	19 207 000
Total Equity	5 772 000	7 642 000	7 596 000	7 184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 411 000	14 433 000	10 369 000	10 946 000
Creditors	87 000	210 000	363 000	512 000
Unpaid Taxes	412 000	17 000	51 000	48 000
Dividends	711 000	0	0	0
Other Current Debt	1 350 000	1 877 000	1 766 000	517 000
Total Current Debt	1 849 000	2 187 000	2 180 000	1 077 000
Total Equity and Debt	21 032 000	24 261 000	20 145 000	19 207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,08 %	7,04 %	13,85 %	43,46 %
Debt-to-Equity Ratio	2,32	1,89	1,37	1,52
Operating Profit Margin	−72,3 %	21,11 %	34,94 %	−5,51 %
Current Ratio	0,37	0,71	1,35	4,82
Quick Ratio	0,37	0,71	1,35	4,82
Equity Ratio	0,27	0,31	0,38	0,37
Gross Profit Margin	98,53 %	99,16 %	98,28 %	96,89 %