ANDENES INVEST GROUPE AS

8480 ANDENES

Finances

Return on Equity

16,77 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	357 000	360 000	325 000	376 000
Net Income	4 380 000	15 000	4 761 000	1 181 000
Total Assets	43 101 000	41 275 000	37 063 000	30 778 000
Total Equity	26 114 000	29 234 000	32 819 000	28 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	357 000	360 000	325 000	376 000
Expenditure	320 000	298 000	355 000	283 000
Operating Profit	37 000	63 000	−29 000	93 000
Financial Income	4 702 000	109 000	4 914 000	1 270 000
Financial Costs	406 000	155 000	86 000	2 000
Financial Balance	4 296 000	−46 000	4 828 000	1 268 000
Earnings Before Tax	4 333 000	17 000	4 798 000	1 361 000
Tax	−47 000	1 000	38 000	181 000
Net Income	4 380 000	15 000	4 761 000	1 181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 107 000	38 503 000	36 232 000	30 459 000
Total Current Assets	2 994 000	2 772 000	832 000	319 000
Total Assets	43 101 000	41 275 000	37 063 000	30 778 000
Total Retained Equity	25 714 000	28 834 000	32 419 000	27 658 000
Total Equity	26 114 000	29 234 000	32 819 000	28 058 000
Total Long-Term Debt	15 645 000	10 434 000	2 343 000	332 000
Total Current Debt	1 341 000	1 607 000	1 901 000	2 388 000
Total Equity and Debt	43 101 000	41 275 000	37 063 000	30 778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	357 000	360 000	325 000	376 000
Revenue	357 000	360 000	325 000	376 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	47 000	47 000	44 000	41 000
Impairment	0	0	0	0
Expenditure	320 000	298 000	355 000	283 000
Operating Profit	37 000	63 000	−29 000	93 000
Financial Income	4 702 000	109 000	4 914 000	1 270 000
Financial Costs	406 000	155 000	86 000	2 000
Financial Balance	4 296 000	−46 000	4 828 000	1 268 000
Dividends	7 500 000	3 600 000	0	0
Net Income	4 380 000	15 000	4 761 000	1 181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 839 000	3 880 000	3 921 000	3 961 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	11 000	16 000	0
Total Tangible Assets	3 844 000	3 890 000	3 937 000	3 961 000
Total Fiancial Fixed Assets	36 263 000	34 613 000	32 295 000	26 498 000
Total Fixed Assets	40 107 000	38 503 000	36 232 000	30 459 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 989 000	2 657 000	832 000	318 000
Total Current Assets	2 994 000	2 772 000	832 000	319 000
Total Assets	43 101 000	41 275 000	37 063 000	30 778 000
Total Equity	26 114 000	29 234 000	32 819 000	28 058 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 645 000	10 434 000	2 343 000	332 000
Creditors	3 000	83 000	90 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	7 500 000	3 600 000	0	0
Other Current Debt	1 338 000	1 462 000	1 700 000	2 100 000
Total Current Debt	1 341 000	1 607 000	1 901 000	2 388 000
Total Equity and Debt	43 101 000	41 275 000	37 063 000	30 778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,77 %	0,05 %	14,51 %	4,21 %
Debt-to-Equity Ratio	0,6	0,36	0,07	0,01
Operating Profit Margin	10,36 %	17,5 %	−8,92 %	24,73 %
Current Ratio	2,23	1,72	0,44	0,13
Quick Ratio	2,23	1,72	0,44	0,13
Equity Ratio	0,61	0,71	0,89	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %