ÅRØLIA VEST UTVIKLING AS

6508 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

11,45 %

Current Ratio

1,45

Debt-to-Equity Ratio

2,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 871 000	15 137 000	4 570 000	1 354 000
Net Income	1 228 000	205 000	−342 000	−621 000
Total Assets	45 317 000	51 583 000	41 252 000	39 775 000
Total Equity	10 729 000	9 501 000	9 296 000	638 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 871 000	15 137 000	4 570 000	1 354 000
Expenditure	30 188 000	14 116 000	3 773 000	803 000
Operating Profit	2 683 000	1 021 000	797 000	551 000
Financial Income	0	3 000	2 000	0
Financial Costs	1 110 000	760 000	1 238 000	1 348 000
Financial Balance	−1 110 000	−757 000	−1 236 000	−1 348 000
Earnings Before Tax	1 574 000	263 000	−438 000	−796 000
Tax	346 000	58 000	−96 000	−175 000
Net Income	1 228 000	205 000	−342 000	−621 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 207 000	31 554 000	35 075 000	658 000
Total Current Assets	14 110 000	20 030 000	6 177 000	39 117 000
Total Assets	45 317 000	51 583 000	41 252 000	39 775 000
Total Retained Equity	1 629 000	401 000	196 000	538 000
Total Equity	10 729 000	9 501 000	9 296 000	638 000
Total Long-Term Debt	24 863 000	24 908 000	30 921 000	38 574 000
Total Current Debt	9 725 000	17 174 000	1 035 000	563 000
Total Equity and Debt	45 317 000	51 583 000	41 252 000	39 775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 407 000	13 553 000	3 121 000	0
Other Income	1 463 000	1 584 000	1 449 000	1 354 000
Revenue	32 871 000	15 137 000	4 570 000	1 354 000
Cost of Goods Sold	29 377 000	13 083 000	2 482 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 188 000	14 116 000	3 773 000	803 000
Operating Profit	2 683 000	1 021 000	797 000	551 000
Financial Income	0	3 000	2 000	0
Financial Costs	1 110 000	760 000	1 238 000	1 348 000
Financial Balance	−1 110 000	−757 000	−1 236 000	−1 348 000
Dividends	0	0	0	0
Net Income	1 228 000	205 000	−342 000	−621 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	350 000	697 000	755 000	658 000
Real Eastate	30 857 000	30 857 000	34 321 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	30 857 000	30 857 000	34 321 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 207 000	31 554 000	35 075 000	658 000
Stock	49 000	2 502 000	2 568 000	38 660 000
Total Investments	0	0	0	0
Cash, Bank	3 050 000	492 000	184 000	87 000
Total Current Assets	14 110 000	20 030 000	6 177 000	39 117 000
Total Assets	45 317 000	51 583 000	41 252 000	39 775 000
Total Equity	10 729 000	9 501 000	9 296 000	638 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 863 000	24 908 000	30 921 000	38 574 000
Creditors	3 449 000	3 894 000	530 000	174 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 704 000	635 000	505 000	390 000
Total Current Debt	9 725 000	17 174 000	1 035 000	563 000
Total Equity and Debt	45 317 000	51 583 000	41 252 000	39 775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,45 %	2,16 %	−3,68 %	−97,34 %
Debt-to-Equity Ratio	2,32	2,62	3,33	60,46
Operating Profit Margin	8,16 %	6,75 %	17,44 %	40,69 %
Current Ratio	1,45	1,17	5,97	69,48
Quick Ratio	1,46	1,37	−4,03	−1,03
Equity Ratio	0,24	0,18	0,23	0,02
Gross Profit Margin	10,63 %	13,57 %	45,69 %	100 %