ÅRDALSVEGEN 3 AS

6885 ÅRDALSTANGEN

Finances

Share Ownership

Return on Equity

4,26 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 470 000	1 609 000	1 552 000	1 544 000
Net Income	290 000	450 000	390 000	259 000
Total Assets	8 093 000	8 722 000	9 311 000	9 905 000
Total Equity	6 806 000	6 516 000	6 065 000	5 675 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 470 000	1 609 000	1 552 000	1 544 000
Expenditure	1 045 000	973 000	956 000	1 051 000
Operating Profit	426 000	636 000	597 000	493 000
Financial Income	0	0	0	0
Financial Costs	54 000	59 000	96 000	160 000
Financial Balance	−54 000	−59 000	−96 000	−160 000
Earnings Before Tax	372 000	577 000	501 000	332 000
Tax	82 000	127 000	110 000	73 000
Net Income	290 000	450 000	390 000	259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 087 000	8 683 000	9 283 000	9 888 000
Total Current Assets	5 000	38 000	28 000	17 000
Total Assets	8 093 000	8 722 000	9 311 000	9 905 000
Total Retained Equity	5 806 000	5 516 000	5 065 000	4 675 000
Total Equity	6 806 000	6 516 000	6 065 000	5 675 000
Total Long-Term Debt	1 051 000	1 887 000	2 931 000	4 000 000
Total Current Debt	236 000	318 000	315 000	230 000
Total Equity and Debt	8 093 000	8 722 000	9 311 000	9 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 470 000	1 609 000	1 552 000	1 544 000
Revenue	1 470 000	1 609 000	1 552 000	1 544 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	670 000	670 000	670 000	670 000
Impairment	0	0	0	0
Expenditure	1 045 000	973 000	956 000	1 051 000
Operating Profit	426 000	636 000	597 000	493 000
Financial Income	0	0	0	0
Financial Costs	54 000	59 000	96 000	160 000
Financial Balance	−54 000	−59 000	−96 000	−160 000
Dividends	0	0	0	0
Net Income	290 000	450 000	390 000	259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	552 000	478 000	408 000	343 000
Real Eastate	7 535 000	8 205 000	8 875 000	9 545 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 535 000	8 205 000	8 875 000	9 545 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 087 000	8 683 000	9 283 000	9 888 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	5 000	38 000	28 000	17 000
Total Assets	8 093 000	8 722 000	9 311 000	9 905 000
Total Equity	6 806 000	6 516 000	6 065 000	5 675 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 051 000	1 887 000	2 931 000	4 000 000
Creditors	31 000	63 000	79 000	35 000
Unpaid Taxes	48 000	58 000	60 000	62 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	236 000	318 000	315 000	230 000
Total Equity and Debt	8 093 000	8 722 000	9 311 000	9 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,26 %	6,91 %	6,43 %	4,56 %
Debt-to-Equity Ratio	0,15	0,29	0,48	0,7
Operating Profit Margin	28,98 %	39,53 %	38,47 %	31,93 %
Current Ratio	0,02	0,12	0,09	0,07
Quick Ratio	0,02	0,12	0,09	0,07
Equity Ratio	0,84	0,75	0,65	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %