ÅRÅSVEIEN BORETTSLAG

2003 LILLESTRØM

Finances

Share Ownership

Return on Equity

5,38 %

Current Ratio

23,32

Debt-to-Equity Ratio

2,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 266 000	2 242 000	2 242 000	2 244 000
Net Income	554 000	711 000	769 000	760 000
Total Assets	34 710 000	34 542 000	34 468 000	34 344 000
Total Equity	10 302 000	9 749 000	9 038 000	8 268 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 266 000	2 242 000	2 242 000	2 244 000
Expenditure	1 394 000	1 357 000	1 214 000	1 197 000
Operating Profit	872 000	885 000	1 027 000	1 047 000
Financial Income	0	0	1 000	10 000
Financial Costs	319 000	175 000	259 000	296 000
Financial Balance	−319 000	−175 000	−258 000	−286 000
Earnings Before Tax	553 000	711 000	769 000	760 000
Tax	0	0	0	0
Net Income	554 000	711 000	769 000	760 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 847 000	33 847 000	33 847 000	33 847 000
Total Current Assets	863 000	696 000	621 000	497 000
Total Assets	34 710 000	34 542 000	34 468 000	34 344 000
Total Retained Equity	10 299 000	9 745 000	9 034 000	8 265 000
Total Equity	10 302 000	9 749 000	9 038 000	8 268 000
Total Long-Term Debt	24 370 000	24 636 000	25 128 000	25 970 000
Total Current Debt	37 000	180 000	302 000	105 000
Total Equity and Debt	34 710 000	34 542 000	34 468 000	34 344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 217 000	0	0	0
Other Income	49 000	2 242 000	2 242 000	2 244 000
Revenue	2 266 000	2 242 000	2 242 000	2 244 000
Cost of Goods Sold	0	0	0	0
Salary Costs	114 000	114 000	110 000	114 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 394 000	1 357 000	1 214 000	1 197 000
Operating Profit	872 000	885 000	1 027 000	1 047 000
Financial Income	0	0	1 000	10 000
Financial Costs	319 000	175 000	259 000	296 000
Financial Balance	−319 000	−175 000	−258 000	−286 000
Dividends	0	0	0	0
Net Income	554 000	711 000	769 000	760 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	33 847 000	33 847 000	33 847 000	33 847 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	33 847 000	33 847 000	33 847 000	33 847 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 847 000	33 847 000	33 847 000	33 847 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	735 000	108 000	407 000	398 000
Total Current Assets	863 000	696 000	621 000	497 000
Total Assets	34 710 000	34 542 000	34 468 000	34 344 000
Total Equity	10 302 000	9 749 000	9 038 000	8 268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 370 000	24 636 000	25 128 000	25 970 000
Creditors	20 000	124 000	230 000	34 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	17 000	12 000	72 000	71 000
Total Current Debt	37 000	180 000	302 000	105 000
Total Equity and Debt	34 710 000	34 542 000	34 468 000	34 344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,38 %	7,29 %	8,51 %	9,19 %
Debt-to-Equity Ratio	2,37	2,53	2,78	3,14
Operating Profit Margin	38,48 %	39,47 %	45,81 %	46,66 %
Current Ratio	23,32	3,87	2,06	4,73
Quick Ratio	23,32	3,87	2,06	4,73
Equity Ratio	0,3	0,28	0,26	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %