ÅRNES STRAND BOLIGSAMEIE

2150 ÅRNES

Finances

Share Ownership

Return on Equity

13,67 %

Current Ratio

10,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2020	2019	2018
Revenue	3 755 000	3 300 000	3 155 000	2 967 000
Net Income	395 000	322 000	27 000	164 000
Total Assets	3 192 000	2 671 000	2 242 000	2 433 000
Total Equity	2 889 000	2 440 000	2 118 000	2 091 000

Income (NOK)	2022	2020	2019	2018
Revenue	3 755 000	3 300 000	3 155 000	2 967 000
Expenditure	3 399 000	3 003 000	3 161 000	2 834 000
Operating Profit	356 000	297 000	−7 000	133 000
Financial Income	39 000	25 000	34 000	31 000
Financial Costs	0	0	0	0
Financial Balance	39 000	25 000	34 000	31 000
Earnings Before Tax	395 000	322 000	27 000	164 000
Tax	0	0	0	0
Net Income	395 000	322 000	27 000	164 000

Balance (NOK)	2022	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	3 192 000	2 671 000	2 242 000	2 433 000
Total Assets	3 192 000	2 671 000	2 242 000	2 433 000
Total Retained Equity	2 889 000	2 440 000	2 118 000	2 091 000
Total Equity	2 889 000	2 440 000	2 118 000	2 091 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	303 000	231 000	124 000	342 000
Total Equity and Debt	3 192 000	2 671 000	2 242 000	2 433 000

Cash flow (NOK)	2022	2020	2019	2018
Sales Income	0	0	0	0
Other Income	3 755 000	3 300 000	3 155 000	2 967 000
Revenue	3 755 000	3 300 000	3 155 000	2 967 000
Cost of Goods Sold	0	0	0	0
Salary Costs	165 000	165 000	158 000	156 000
Depreciation	0	0	0	100 000
Impairment	0	0	0	0
Expenditure	3 399 000	3 003 000	3 161 000	2 834 000
Operating Profit	356 000	297 000	−7 000	133 000
Financial Income	39 000	25 000	34 000	31 000
Financial Costs	0	0	0	0
Financial Balance	39 000	25 000	34 000	31 000
Dividends	0	0	0	0
Net Income	395 000	322 000	27 000	164 000

Balance details (NOK)	2022	2020	2019	2018
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 003 000	2 495 000	2 004 000	2 162 000
Total Current Assets	3 192 000	2 671 000	2 242 000	2 433 000
Total Assets	3 192 000	2 671 000	2 242 000	2 433 000
Total Equity	2 889 000	2 440 000	2 118 000	2 091 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	118 000	199 000	88 000	311 000
Unpaid Taxes	8 000	8 000	6 000	10 000
Dividends	0	0	0	0
Other Current Debt	177 000	25 000	31 000	21 000
Total Current Debt	303 000	231 000	124 000	342 000
Total Equity and Debt	3 192 000	2 671 000	2 242 000	2 433 000

Financial indicators	2022	2020	2019	2018
Return on Equity	13,67 %	13,2 %	1,27 %	7,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,48 %	9 %	−0,22 %	4,48 %
Current Ratio	10,53	11,56	18,08	7,11
Quick Ratio	10,53	11,56	18,08	7,11
Equity Ratio	0,91	0,91	0,94	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %