ÅRSETBAKKANE BURETTSLAG

6800 FØRDE

Finances

Share Ownership

Return on Equity

5,98 %

Current Ratio

33,96

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 148 000	1 148 000	1 163 000	1 163 000
Net Income	558 000	585 000	455 000	577 000
Total Assets	10 382 000	9 861 000	9 737 000	9 728 000
Total Equity	9 326 000	8 768 000	8 182 000	7 727 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 148 000	1 148 000	1 163 000	1 163 000
Expenditure	614 000	560 000	697 000	555 000
Operating Profit	535 000	588 000	466 000	608 000
Financial Income	25 000	2 000	4 000	13 000
Financial Costs	2 000	5 000	15 000	45 000
Financial Balance	23 000	−3 000	−11 000	−32 000
Earnings Before Tax	558 000	586 000	466 000	608 000
Tax	0	0	0	0
Net Income	558 000	585 000	455 000	577 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 854 000	8 854 000	8 854 000	8 854 000
Total Current Assets	1 528 000	1 007 000	883 000	874 000
Total Assets	10 382 000	9 861 000	9 737 000	9 728 000
Total Retained Equity	9 324 000	8 766 000	8 181 000	7 726 000
Total Equity	9 326 000	8 768 000	8 182 000	7 727 000
Total Long-Term Debt	1 012 000	1 042 000	1 492 000	1 941 000
Total Current Debt	45 000	51 000	62 000	59 000
Total Equity and Debt	10 382 000	9 861 000	9 737 000	9 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 148 000	1 148 000	0	0
Other Income	0	0	1 163 000	1 163 000
Revenue	1 148 000	1 148 000	1 163 000	1 163 000
Cost of Goods Sold	0	0	0	0
Salary Costs	33 000	34 000	49 000	42 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	614 000	560 000	697 000	555 000
Operating Profit	535 000	588 000	466 000	608 000
Financial Income	25 000	2 000	4 000	13 000
Financial Costs	2 000	5 000	15 000	45 000
Financial Balance	23 000	−3 000	−11 000	−32 000
Dividends	0	0	0	0
Net Income	558 000	585 000	455 000	577 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 744 000	8 744 000	8 744 000	8 744 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 744 000	8 744 000	8 744 000	8 744 000
Total Fiancial Fixed Assets	110 000	110 000	110 000	110 000
Total Fixed Assets	8 854 000	8 854 000	8 854 000	8 854 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 441 000	950 000	878 000	822 000
Total Current Assets	1 528 000	1 007 000	883 000	874 000
Total Assets	10 382 000	9 861 000	9 737 000	9 728 000
Total Equity	9 326 000	8 768 000	8 182 000	7 727 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 012 000	1 042 000	1 492 000	1 941 000
Creditors	1 000	5 000	10 000	0
Unpaid Taxes	4 000	5 000	10 000	6 000
Dividends	0	0	0	0
Other Current Debt	41 000	41 000	43 000	53 000
Total Current Debt	45 000	51 000	62 000	59 000
Total Equity and Debt	10 382 000	9 861 000	9 737 000	9 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,98 %	6,67 %	5,56 %	7,47 %
Debt-to-Equity Ratio	0,11	0,12	0,18	0,25
Operating Profit Margin	46,6 %	51,22 %	40,07 %	52,28 %
Current Ratio	33,96	19,75	14,24	14,81
Quick Ratio	33,96	19,75	14,24	14,81
Equity Ratio	0,9	0,89	0,84	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %