ÅRNES EIENDOM AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

2,91 %

Current Ratio

1,27

Debt-to-Equity Ratio

2,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 623 000	3 137 000	3 276 000	3 848 000
Net Income	307 000	360 000	607 000	641 000
Total Assets	37 584 000	37 984 000	38 909 000	38 579 000
Total Equity	10 553 000	10 665 000	10 739 000	10 757 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 623 000	3 137 000	3 276 000	3 848 000
Expenditure	2 295 000	2 037 000	1 692 000	2 101 000
Operating Profit	1 328 000	1 100 000	1 585 000	1 748 000
Financial Income	8 000	10 000	7 000	7 000
Financial Costs	943 000	647 000	814 000	935 000
Financial Balance	−935 000	−637 000	−807 000	−928 000
Earnings Before Tax	393 000	462 000	778 000	820 000
Tax	86 000	102 000	171 000	179 000
Net Income	307 000	360 000	607 000	641 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 426 000	32 468 000	33 509 000	34 014 000
Total Current Assets	6 158 000	5 516 000	5 400 000	4 565 000
Total Assets	37 584 000	37 984 000	38 909 000	38 579 000
Total Retained Equity	10 403 000	10 515 000	10 589 000	10 607 000
Total Equity	10 553 000	10 665 000	10 739 000	10 757 000
Total Long-Term Debt	22 171 000	23 206 000	23 552 000	24 208 000
Total Current Debt	4 861 000	4 113 000	4 618 000	3 613 000
Total Equity and Debt	37 584 000	37 984 000	38 909 000	38 579 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 623 000	3 137 000	3 276 000	3 848 000
Revenue	3 623 000	3 137 000	3 276 000	3 848 000
Cost of Goods Sold	0	0	0	20 000
Salary Costs	0	0	0	0
Depreciation	1 041 000	1 041 000	1 032 000	1 030 000
Impairment	0	0	0	0
Expenditure	2 295 000	2 037 000	1 692 000	2 101 000
Operating Profit	1 328 000	1 100 000	1 585 000	1 748 000
Financial Income	8 000	10 000	7 000	7 000
Financial Costs	943 000	647 000	814 000	935 000
Financial Balance	−935 000	−637 000	−807 000	−928 000
Dividends	0	0	0	0
Net Income	307 000	360 000	607 000	641 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	31 426 000	32 468 000	33 509 000	34 014 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	31 426 000	32 468 000	33 509 000	34 014 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 426 000	32 468 000	33 509 000	34 014 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	174 000	82 000	52 000
Total Current Assets	6 158 000	5 516 000	5 400 000	4 565 000
Total Assets	37 584 000	37 984 000	38 909 000	38 579 000
Total Equity	10 553 000	10 665 000	10 739 000	10 757 000
Short-Term Group Debt	1 293 000	1 287 000	1 514 000	1 488 000
Total Long-Term Debt	22 171 000	23 206 000	23 552 000	24 208 000
Creditors	3 426 000	2 741 000	3 020 000	2 044 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	141 000	85 000	82 000	82 000
Total Current Debt	4 861 000	4 113 000	4 618 000	3 613 000
Total Equity and Debt	37 584 000	37 984 000	38 909 000	38 579 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,91 %	3,38 %	5,65 %	5,96 %
Debt-to-Equity Ratio	2,1	2,18	2,19	2,25
Operating Profit Margin	36,65 %	35,07 %	48,38 %	45,43 %
Current Ratio	1,27	1,34	1,17	1,26
Quick Ratio	1,27	1,34	1,17	1,26
Equity Ratio	0,28	0,28	0,28	0,28
Gross Profit Margin	100 %	100 %	100 %	99,48 %