ÅSGARDEN AS

2406 ELVERUM

Finances

Share Ownership

Return on Equity

46,18 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	967 000	208 000	1 000	348 000
Net Income	−990 000	−1 140 000	−205 000	−534 000
Total Assets	14 623 000	15 520 000	11 084 000	1 990 000
Total Equity	−2 144 000	−1 154 000	−15 000	190 000

Income (NOK)	2022	2021	2020	2019
Revenue	967 000	208 000	1 000	348 000
Expenditure	1 021 000	620 000	200 000	835 000
Operating Profit	−54 000	−412 000	−198 000	−487 000
Financial Income	4 000	4 000	0	0
Financial Costs	940 000	732 000	6 000	47 000
Financial Balance	−936 000	−728 000	−6 000	−47 000
Earnings Before Tax	−990 000	−1 140 000	−205 000	−534 000
Tax	0	0	0	0
Net Income	−990 000	−1 140 000	−205 000	−534 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 376 000	14 871 000	10 974 000	1 957 000
Total Current Assets	247 000	649 000	110 000	33 000
Total Assets	14 623 000	15 520 000	11 084 000	1 990 000
Total Retained Equity	−2 244 000	−1 254 000	−115 000	90 000
Total Equity	−2 144 000	−1 154 000	−15 000	190 000
Total Long-Term Debt	1 400 000	1 400 000	0	0
Total Current Debt	15 367 000	15 275 000	11 099 000	1 800 000
Total Equity and Debt	14 623 000	15 520 000	11 084 000	1 990 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	186 000
Other Income	967 000	208 000	1 000	162 000
Revenue	967 000	208 000	1 000	348 000
Cost of Goods Sold	74 000	5 000	0	0
Salary Costs	0	0	0	0
Depreciation	401 000	259 000	118 000	131 000
Impairment	0	0	0	0
Expenditure	1 021 000	620 000	200 000	835 000
Operating Profit	−54 000	−412 000	−198 000	−487 000
Financial Income	4 000	4 000	0	0
Financial Costs	940 000	732 000	6 000	47 000
Financial Balance	−936 000	−728 000	−6 000	−47 000
Dividends	0	0	0	0
Net Income	−990 000	−1 140 000	−205 000	−534 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 339 000	13 628 000	10 974 000	1 957 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 339 000	13 628 000	10 974 000	1 957 000
Total Fiancial Fixed Assets	1 037 000	1 243 000	0	0
Total Fixed Assets	14 376 000	14 871 000	10 974 000	1 957 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	634 000	71 000	4 000
Total Current Assets	247 000	649 000	110 000	33 000
Total Assets	14 623 000	15 520 000	11 084 000	1 990 000
Total Equity	−2 144 000	−1 154 000	−15 000	190 000
Short-Term Group Debt	599 000	567 000	393 000	0
Total Long-Term Debt	1 400 000	1 400 000	0	0
Creditors	255 000	0	575 000	1 000
Unpaid Taxes	0	205 000	−178 000	0
Dividends	0	0	0	0
Other Current Debt	13 000	2 000	39 000	180 000
Total Current Debt	15 367 000	15 275 000	11 099 000	1 800 000
Total Equity and Debt	14 623 000	15 520 000	11 084 000	1 990 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,18 %	98,79 %	1 366,67 %	−281,05 %
Debt-to-Equity Ratio	−0,65	−1,21	−0	0
Operating Profit Margin	−5,58 %	−198,08 %	−19 800 %	−139,94 %
Current Ratio	0,02	0,04	0,01	0,02
Quick Ratio	0,02	0,04	0,01	0,02
Equity Ratio	−0,15	−0,07	−0	0,1
Gross Profit Margin	92,35 %	97,6 %	100 %	100 %