ARE EIENDOM AS

1894 RAKKESTAD

Finances

Return on Equity

2,94 %

Current Ratio

7,43

Debt-to-Equity Ratio

−8,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−326 000	−96 000	−5 628 000	−2 196 000
Total Assets	78 064 000	66 291 000	61 388 000	57 573 000
Total Equity	−11 072 000	−10 747 000	−10 650 000	−6 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	82 000	96 000	43 000	121 000
Operating Profit	−82 000	−96 000	−43 000	−121 000
Financial Income	70 000	100 000	50 000	121 000
Financial Costs	331 000	100 000	5 632 000	2 196 000
Financial Balance	−261 000	0	−5 582 000	−2 075 000
Earnings Before Tax	−343 000	−95 000	−5 625 000	−2 196 000
Tax	−18 000	1 000	3 000	0
Net Income	−326 000	−96 000	−5 628 000	−2 196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 314 000	65 441 000	60 541 000	56 374 000
Total Current Assets	750 000	850 000	848 000	1 198 000
Total Assets	78 064 000	66 291 000	61 388 000	57 573 000
Total Retained Equity	−11 272 000	−10 947 000	−10 850 000	−7 165 000
Total Equity	−11 072 000	−10 747 000	−10 650 000	−6 965 000
Total Long-Term Debt	89 035 000	76 034 000	71 034 000	63 534 000
Total Current Debt	101 000	1 003 000	1 004 000	1 004 000
Total Equity and Debt	78 064 000	66 291 000	61 388 000	57 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	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	82 000	96 000	43 000	121 000
Operating Profit	−82 000	−96 000	−43 000	−121 000
Financial Income	70 000	100 000	50 000	121 000
Financial Costs	331 000	100 000	5 632 000	2 196 000
Financial Balance	−261 000	0	−5 582 000	−2 075 000
Dividends	0	0	0	0
Net Income	−326 000	−96 000	−5 628 000	−2 196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	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	77 296 000	65 441 000	60 541 000	56 374 000
Total Fixed Assets	77 314 000	65 441 000	60 541 000	56 374 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	8 000	81 000	175 000
Total Current Assets	750 000	850 000	848 000	1 198 000
Total Assets	78 064 000	66 291 000	61 388 000	57 573 000
Total Equity	−11 072 000	−10 747 000	−10 650 000	−6 965 000
Short-Term Group Debt	100 000	0	0	0
Total Long-Term Debt	89 035 000	76 034 000	71 034 000	63 534 000
Creditors	1 000	1 000	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 001 000	1 001 000	1 000 000
Total Current Debt	101 000	1 003 000	1 004 000	1 004 000
Total Equity and Debt	78 064 000	66 291 000	61 388 000	57 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,94 %	0,89 %	52,85 %	31,53 %
Debt-to-Equity Ratio	−8,04	−7,07	−6,67	−9,12
Operating Profit Margin	-	-	-	-
Current Ratio	7,43	0,85	0,84	1,19
Quick Ratio	7,43	0,85	0,84	1,19
Equity Ratio	−0,14	−0,16	−0,17	−0,12
Gross Profit Margin	-	-	-	-