ÅRDAL RØR & SANITÆR AS

6885 ÅRDALSTANGEN

Finances

Return on Equity

−41,15 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 154 000	6 742 000	8 402 000	7 118 000
Net Income	−486 000	−260 000	539 000	210 000
Total Assets	2 266 000	2 441 000	4 008 000	3 596 000
Total Equity	1 181 000	1 667 000	1 927 000	2 188 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 154 000	6 742 000	8 402 000	7 118 000
Expenditure	5 124 000	7 104 000	7 731 000	6 842 000
Operating Profit	−970 000	−362 000	671 000	276 000
Financial Income	586 000	28 000	25 000	16 000
Financial Costs	3 000	2 000	3 000	11 000
Financial Balance	583 000	26 000	22 000	5 000
Earnings Before Tax	−388 000	−335 000	692 000	281 000
Tax	98 000	−75 000	153 000	72 000
Net Income	−486 000	−260 000	539 000	210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	357 000	268 000	353 000	506 000
Total Current Assets	1 909 000	2 173 000	3 655 000	3 090 000
Total Assets	2 266 000	2 441 000	4 008 000	3 596 000
Total Retained Equity	1 076 000	1 562 000	1 822 000	2 083 000
Total Equity	1 181 000	1 667 000	1 927 000	2 188 000
Total Long-Term Debt	0	0	0	100 000
Total Current Debt	1 085 000	775 000	2 081 000	1 308 000
Total Equity and Debt	2 266 000	2 441 000	4 008 000	3 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 897 000	6 742 000	8 335 000	6 818 000
Other Income	258 000	0	66 000	300 000
Revenue	4 154 000	6 742 000	8 402 000	7 118 000
Cost of Goods Sold	2 238 000	2 658 000	3 282 000	2 845 000
Salary Costs	1 553 000	2 995 000	2 848 000	2 542 000
Depreciation	39 000	160 000	173 000	173 000
Impairment	0	0	0	0
Expenditure	5 124 000	7 104 000	7 731 000	6 842 000
Operating Profit	−970 000	−362 000	671 000	276 000
Financial Income	586 000	28 000	25 000	16 000
Financial Costs	3 000	2 000	3 000	11 000
Financial Balance	583 000	26 000	22 000	5 000
Dividends	0	0	800 000	0
Net Income	−486 000	−260 000	539 000	210 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	98 000	23 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	312 000	22 000	182 000	355 000
Total Tangible Assets	312 000	22 000	182 000	355 000
Total Fiancial Fixed Assets	45 000	148 000	148 000	148 000
Total Fixed Assets	357 000	268 000	353 000	506 000
Stock	837 000	910 000	889 000	877 000
Total Investments	0	0	0	0
Cash, Bank	617 000	662 000	1 423 000	1 303 000
Total Current Assets	1 909 000	2 173 000	3 655 000	3 090 000
Total Assets	2 266 000	2 441 000	4 008 000	3 596 000
Total Equity	1 181 000	1 667 000	1 927 000	2 188 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	100 000
Creditors	689 000	154 000	297 000	689 000
Unpaid Taxes	180 000	245 000	387 000	287 000
Dividends	0	0	800 000	0
Other Current Debt	216 000	376 000	424 000	305 000
Total Current Debt	1 085 000	775 000	2 081 000	1 308 000
Total Equity and Debt	2 266 000	2 441 000	4 008 000	3 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,15 %	−15,6 %	27,97 %	9,6 %
Debt-to-Equity Ratio	0	0	0	0,05
Operating Profit Margin	−23,35 %	−5,37 %	7,99 %	3,88 %
Current Ratio	1,76	2,8	1,76	2,36
Quick Ratio	7,7	−16,1	3,07	7,17
Equity Ratio	0,52	0,68	0,48	0,61
Gross Profit Margin	46,12 %	60,58 %	60,94 %	60,03 %