ARES EIENDOM AS

0661 OSLO

Finances

Share Ownership

Return on Equity

14,5 %

Current Ratio

0,43

Debt-to-Equity Ratio

10,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 512 000	6 487 000	3 319 000	3 273 000
Net Income	252 000	1 364 000	541 000	183 000
Total Assets	21 811 000	24 014 000	24 408 000	24 317 000
Total Equity	1 738 000	2 274 000	3 813 000	3 812 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 512 000	6 487 000	3 319 000	3 273 000
Expenditure	3 466 000	4 182 000	1 898 000	2 148 000
Operating Profit	1 047 000	2 305 000	1 421 000	1 126 000
Financial Income	109 000	107 000	7 000	18 000
Financial Costs	823 000	659 000	733 000	903 000
Financial Balance	−714 000	−552 000	−726 000	−885 000
Earnings Before Tax	333 000	1 753 000	695 000	240 000
Tax	81 000	389 000	154 000	57 000
Net Income	252 000	1 364 000	541 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 996 000	22 259 000	18 715 000	18 889 000
Total Current Assets	815 000	1 755 000	5 693 000	5 428 000
Total Assets	21 811 000	24 014 000	24 408 000	24 317 000
Total Retained Equity	425 000	961 000	970 000	969 000
Total Equity	1 738 000	2 274 000	3 813 000	3 812 000
Total Long-Term Debt	18 156 000	18 683 000	17 808 000	18 666 000
Total Current Debt	1 917 000	3 058 000	2 787 000	1 839 000
Total Equity and Debt	21 811 000	24 014 000	24 408 000	24 317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 512 000	6 487 000	3 319 000	3 273 000
Revenue	4 512 000	6 487 000	3 319 000	3 273 000
Cost of Goods Sold	0	0	0	0
Salary Costs	852 000	460 000	14 000	8 000
Depreciation	458 000	308 000	302 000	250 000
Impairment	0	0	0	0
Expenditure	3 466 000	4 182 000	1 898 000	2 148 000
Operating Profit	1 047 000	2 305 000	1 421 000	1 126 000
Financial Income	109 000	107 000	7 000	18 000
Financial Costs	823 000	659 000	733 000	903 000
Financial Balance	−714 000	−552 000	−726 000	−885 000
Dividends	600 000	2 500 000	0	0
Net Income	252 000	1 364 000	541 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 925 000	16 190 000	16 455 000	16 721 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	700 000	893 000	88 000	73 000
Total Tangible Assets	16 625 000	17 083 000	16 543 000	16 794 000
Total Fiancial Fixed Assets	4 371 000	5 176 000	2 172 000	2 095 000
Total Fixed Assets	20 996 000	22 259 000	18 715 000	18 889 000
Stock	0	0	4 698 000	4 332 000
Total Investments	0	0	0	0
Cash, Bank	45 000	872 000	2 000	445 000
Total Current Assets	815 000	1 755 000	5 693 000	5 428 000
Total Assets	21 811 000	24 014 000	24 408 000	24 317 000
Total Equity	1 738 000	2 274 000	3 813 000	3 812 000
Short-Term Group Debt	240 000	517 000	540 000	0
Total Long-Term Debt	18 156 000	18 683 000	17 808 000	18 666 000
Creditors	326 000	419 000	43 000	435 000
Unpaid Taxes	283 000	34 000	140 000	222 000
Dividends	600 000	2 500 000	0	0
Other Current Debt	1 034 000	1 827 000	1 970 000	1 072 000
Total Current Debt	1 917 000	3 058 000	2 787 000	1 839 000
Total Equity and Debt	21 811 000	24 014 000	24 408 000	24 317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,5 %	59,98 %	14,19 %	4,8 %
Debt-to-Equity Ratio	10,45	8,22	4,67	4,9
Operating Profit Margin	23,2 %	35,53 %	42,81 %	34,4 %
Current Ratio	0,43	0,57	2,04	2,95
Quick Ratio	0,43	0,57	−2,98	−2,18
Equity Ratio	0,08	0,09	0,16	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %