ÅRSNES INDUSTRIOMRÅDE AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

−3,39 %

Current Ratio

0,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 469 000	1 661 000	960 000	1 220 000
Net Income	−333 000	−122 000	−705 000	−1 138 000
Total Assets	20 470 000	20 193 000	18 898 000	19 069 000
Total Equity	9 818 000	7 340 000	5 225 000	5 930 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 469 000	1 661 000	960 000	1 220 000
Expenditure	1 905 000	1 817 000	1 863 000	2 677 000
Operating Profit	−437 000	−156 000	−903 000	−1 456 000
Financial Income	10 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	10 000	0	0	0
Earnings Before Tax	−427 000	−156 000	−903 000	−1 456 000
Tax	−94 000	−34 000	−198 000	−318 000
Net Income	−333 000	−122 000	−705 000	−1 138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 501 000	16 602 000	17 881 000	18 305 000
Total Current Assets	4 969 000	3 591 000	1 017 000	764 000
Total Assets	20 470 000	20 193 000	18 898 000	19 069 000
Total Retained Equity	−2 298 000	−1 965 000	−1 843 000	−1 138 000
Total Equity	9 818 000	7 340 000	5 225 000	5 930 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 651 000	12 854 000	13 673 000	13 138 000
Total Equity and Debt	20 470 000	20 193 000	18 898 000	19 069 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 469 000	1 661 000	960 000	1 220 000
Other Income	0	0	0	0
Revenue	1 469 000	1 661 000	960 000	1 220 000
Cost of Goods Sold	0	190 000	21 000	314 000
Salary Costs	9 000	0	0	0
Depreciation	751 000	748 000	936 000	1 894 000
Impairment	0	0	0	0
Expenditure	1 905 000	1 817 000	1 863 000	2 677 000
Operating Profit	−437 000	−156 000	−903 000	−1 456 000
Financial Income	10 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	10 000	0	0	0
Dividends	0	0	0	0
Net Income	−333 000	−122 000	−705 000	−1 138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 174 000	4 873 000	5 469 000	5 271 000
Real Eastate	11 327 000	11 729 000	12 412 000	13 034 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 327 000	11 729 000	12 412 000	13 034 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 501 000	16 602 000	17 881 000	18 305 000
Stock	0	0	137 000	177 000
Total Investments	0	0	0	0
Cash, Bank	828 000	395 000	498 000	508 000
Total Current Assets	4 969 000	3 591 000	1 017 000	764 000
Total Assets	20 470 000	20 193 000	18 898 000	19 069 000
Total Equity	9 818 000	7 340 000	5 225 000	5 930 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	633 000	44 000	30 000	66 000
Unpaid Taxes	0	0	0	62 000
Dividends	0	0	0	0
Other Current Debt	10 018 000	12 810 000	13 642 000	13 010 000
Total Current Debt	10 651 000	12 854 000	13 673 000	13 138 000
Total Equity and Debt	20 470 000	20 193 000	18 898 000	19 069 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,39 %	−1,66 %	−13,49 %	−19,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−29,75 %	−9,39 %	−94,06 %	−119,34 %
Current Ratio	0,47	0,28	0,07	0,06
Quick Ratio	0,47	0,28	0,08	0,06
Equity Ratio	0,48	0,36	0,28	0,31
Gross Profit Margin	100 %	88,56 %	97,81 %	74,26 %