ÅRDAL HOLDING AS

6884 ØVRE ÅRDAL

Finances

Return on Equity

−9,01 %

Current Ratio

1,37

Debt-to-Equity Ratio

−1,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	18 000	0
Net Income	247 000	253 000	242 000	76 000
Total Assets	1 768 000	1 749 000	1 719 000	1 692 000
Total Equity	−2 741 000	−2 988 000	−3 241 000	−3 483 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	18 000	0
Expenditure	28 000	31 000	35 000	34 000
Operating Profit	−28 000	−31 000	−17 000	−34 000
Financial Income	350 000	350 000	329 000	188 000
Financial Costs	75 000	66 000	70 000	78 000
Financial Balance	275 000	284 000	259 000	110 000
Earnings Before Tax	247 000	253 000	242 000	76 000
Tax	0	0	0	0
Net Income	247 000	253 000	242 000	76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 686 000	1 686 000	1 686 000	1 686 000
Total Current Assets	82 000	62 000	33 000	6 000
Total Assets	1 768 000	1 749 000	1 719 000	1 692 000
Total Retained Equity	−6 031 000	−6 278 000	−6 531 000	−6 773 000
Total Equity	−2 741 000	−2 988 000	−3 241 000	−3 483 000
Total Long-Term Debt	4 449 000	4 492 000	4 529 000	4 559 000
Total Current Debt	60 000	244 000	431 000	616 000
Total Equity and Debt	1 768 000	1 749 000	1 719 000	1 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	18 000	0
Other Income	0	0	0	0
Revenue	0	0	18 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 000	31 000	35 000	34 000
Operating Profit	−28 000	−31 000	−17 000	−34 000
Financial Income	350 000	350 000	329 000	188 000
Financial Costs	75 000	66 000	70 000	78 000
Financial Balance	275 000	284 000	259 000	110 000
Dividends	0	0	0	0
Net Income	247 000	253 000	242 000	76 000

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	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 686 000	1 686 000	1 686 000	1 686 000
Total Fixed Assets	1 686 000	1 686 000	1 686 000	1 686 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	44 000	15 000	6 000
Total Current Assets	82 000	62 000	33 000	6 000
Total Assets	1 768 000	1 749 000	1 719 000	1 692 000
Total Equity	−2 741 000	−2 988 000	−3 241 000	−3 483 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 449 000	4 492 000	4 529 000	4 559 000
Creditors	9 000	5 000	5 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	51 000	239 000	426 000	614 000
Total Current Debt	60 000	244 000	431 000	616 000
Total Equity and Debt	1 768 000	1 749 000	1 719 000	1 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,01 %	−8,47 %	−7,47 %	−2,18 %
Debt-to-Equity Ratio	−1,62	−1,5	−1,4	−1,31
Operating Profit Margin	-	-	−94,44 %	-
Current Ratio	1,37	0,25	0,08	0,01
Quick Ratio	1,37	0,25	0,08	0,01
Equity Ratio	−1,55	−1,71	−1,89	−2,06
Gross Profit Margin	-	-	100 %	-