AARE HOLDING AS

6270 BRATTVÅG

Finances

Return on Equity

−57,73 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 384 000	1 381 000	372 000	394 000
Net Income	−1 621 000	957 000	64 000	−160 000
Total Assets	4 553 000	5 782 000	4 078 000	3 497 000
Total Equity	2 808 000	4 430 000	3 473 000	3 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 384 000	1 381 000	372 000	394 000
Expenditure	314 000	155 000	281 000	568 000
Operating Profit	1 070 000	1 225 000	91 000	−174 000
Financial Income	0	0	10 000	27 000
Financial Costs	2 468 000	0	0	1 000
Financial Balance	−2 468 000	0	10 000	26 000
Earnings Before Tax	−1 399 000	1 225 000	101 000	−148 000
Tax	223 000	268 000	37 000	12 000
Net Income	−1 621 000	957 000	64 000	−160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 554 000	4 241 000	3 707 000	2 045 000
Total Current Assets	999 000	1 541 000	371 000	1 453 000
Total Assets	4 553 000	5 782 000	4 078 000	3 497 000
Total Retained Equity	2 132 000	3 754 000	2 797 000	2 733 000
Total Equity	2 808 000	4 430 000	3 473 000	3 409 000
Total Long-Term Debt	1 014 000	459 000	250 000	0
Total Current Debt	731 000	894 000	355 000	88 000
Total Equity and Debt	4 553 000	5 782 000	4 078 000	3 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 274 000	1 381 000	372 000	391 000
Other Income	110 000	0	0	3 000
Revenue	1 384 000	1 381 000	372 000	394 000
Cost of Goods Sold	0	11 000	24 000	19 000
Salary Costs	0	0	0	50 000
Depreciation	54 000	86 000	272 000	292 000
Impairment	0	0	0	0
Expenditure	314 000	155 000	281 000	568 000
Operating Profit	1 070 000	1 225 000	91 000	−174 000
Financial Income	0	0	10 000	27 000
Financial Costs	2 468 000	0	0	1 000
Financial Balance	−2 468 000	0	10 000	26 000
Dividends	0	0	0	0
Net Income	−1 621 000	957 000	64 000	−160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	5 000
Fixtures	71 000	126 000	212 000	478 000
Total Tangible Assets	71 000	126 000	212 000	484 000
Total Fiancial Fixed Assets	3 483 000	4 115 000	3 495 000	1 561 000
Total Fixed Assets	3 554 000	4 241 000	3 707 000	2 045 000
Stock	319 000	319 000	319 000	319 000
Total Investments	0	0	0	0
Cash, Bank	99 000	54 000	37 000	544 000
Total Current Assets	999 000	1 541 000	371 000	1 453 000
Total Assets	4 553 000	5 782 000	4 078 000	3 497 000
Total Equity	2 808 000	4 430 000	3 473 000	3 409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 014 000	459 000	250 000	0
Creditors	9 000	4 000	0	2 000
Unpaid Taxes	205 000	207 000	20 000	37 000
Dividends	0	0	0	0
Other Current Debt	294 000	414 000	298 000	23 000
Total Current Debt	731 000	894 000	355 000	88 000
Total Equity and Debt	4 553 000	5 782 000	4 078 000	3 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,73 %	21,6 %	1,84 %	−4,69 %
Debt-to-Equity Ratio	0,36	0,1	0,07	0
Operating Profit Margin	77,31 %	88,7 %	24,46 %	−44,16 %
Current Ratio	1,37	1,72	1,05	16,51
Quick Ratio	2,42	2,68	10,31	−6,29
Equity Ratio	0,62	0,77	0,85	0,97
Gross Profit Margin	100 %	99,2 %	93,55 %	95,18 %