ARDO AS

5986 HOSTELAND

Finances

Return on Equity

−11,52 %

Current Ratio

7,49

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	711 000	1 194 000	1 669 000	2 462 000
Net Income	−184 000	−20 000	9 000	914 000
Total Assets	2 125 000	2 213 000	2 190 000	2 501 000
Total Equity	1 597 000	1 781 000	1 801 000	1 792 000

Income (NOK)	2022	2021	2020	2019
Revenue	711 000	1 194 000	1 669 000	2 462 000
Expenditure	882 000	1 200 000	1 657 000	1 357 000
Operating Profit	−171 000	−6 000	13 000	1 104 000
Financial Income	5 000	5 000	5 000	4 000
Financial Costs	18 000	19 000	9 000	8 000
Financial Balance	−13 000	−14 000	−4 000	−4 000
Earnings Before Tax	−184 000	−20 000	9 000	1 099 000
Tax	0	0	0	185 000
Net Income	−184 000	−20 000	9 000	914 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 609 000	1 658 000	1 532 000	1 395 000
Total Current Assets	517 000	555 000	658 000	1 106 000
Total Assets	2 125 000	2 213 000	2 190 000	2 501 000
Total Retained Equity	1 497 000	1 681 000	1 701 000	1 692 000
Total Equity	1 597 000	1 781 000	1 801 000	1 792 000
Total Long-Term Debt	460 000	365 000	131 000	149 000
Total Current Debt	69 000	67 000	258 000	560 000
Total Equity and Debt	2 125 000	2 213 000	2 190 000	2 501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	465 000	987 000	1 520 000	2 167 000
Other Income	246 000	207 000	149 000	294 000
Revenue	711 000	1 194 000	1 669 000	2 462 000
Cost of Goods Sold	0	28 000	0	0
Salary Costs	121 000	287 000	669 000	651 000
Depreciation	246 000	269 000	270 000	226 000
Impairment	0	0	0	0
Expenditure	882 000	1 200 000	1 657 000	1 357 000
Operating Profit	−171 000	−6 000	13 000	1 104 000
Financial Income	5 000	5 000	5 000	4 000
Financial Costs	18 000	19 000	9 000	8 000
Financial Balance	−13 000	−14 000	−4 000	−4 000
Dividends	0	0	0	0
Net Income	−184 000	−20 000	9 000	914 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	124 000	90 000	39 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	937 000	938 000	807 000	768 000
Total Tangible Assets	1 428 000	1 436 000	1 321 000	1 209 000
Total Fiancial Fixed Assets	181 000	221 000	211 000	186 000
Total Fixed Assets	1 609 000	1 658 000	1 532 000	1 395 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	478 000	441 000	432 000	564 000
Total Current Assets	517 000	555 000	658 000	1 106 000
Total Assets	2 125 000	2 213 000	2 190 000	2 501 000
Total Equity	1 597 000	1 781 000	1 801 000	1 792 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	460 000	365 000	131 000	149 000
Creditors	41 000	37 000	21 000	44 000
Unpaid Taxes	−5 000	5 000	74 000	103 000
Dividends	0	0	0	0
Other Current Debt	33 000	25 000	163 000	228 000
Total Current Debt	69 000	67 000	258 000	560 000
Total Equity and Debt	2 125 000	2 213 000	2 190 000	2 501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,52 %	−1,12 %	0,5 %	51 %
Debt-to-Equity Ratio	0,29	0,2	0,07	0,08
Operating Profit Margin	−24,05 %	−0,5 %	0,78 %	44,84 %
Current Ratio	7,49	8,28	2,55	1,98
Quick Ratio	7,49	8,28	2,55	1,98
Equity Ratio	0,75	0,8	0,82	0,72
Gross Profit Margin	100 %	97,65 %	100 %	100 %