AARETHUN AS

6887 LÆRDAL

Finances

Return on Equity

−45,57 %

Current Ratio

1,24

Debt-to-Equity Ratio

6,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 087 000	18 611 000	18 394 000	17 409 000
Net Income	−1 475 000	−265 000	962 000	−443 000
Total Assets	28 620 000	29 502 000	30 472 000	30 399 000
Total Equity	3 237 000	5 212 000	5 477 000	4 515 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 087 000	18 611 000	18 394 000	17 409 000
Expenditure	18 122 000	18 225 000	16 227 000	17 047 000
Operating Profit	−1 035 000	386 000	2 166 000	363 000
Financial Income	24 000	54 000	0	2 000
Financial Costs	880 000	789 000	933 000	913 000
Financial Balance	−856 000	−735 000	−933 000	−911 000
Earnings Before Tax	−1 892 000	−350 000	1 234 000	−548 000
Tax	−416 000	−85 000	272 000	−105 000
Net Income	−1 475 000	−265 000	962 000	−443 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 955 000	22 061 000	26 521 000	26 648 000
Total Current Assets	6 665 000	7 441 000	3 951 000	3 751 000
Total Assets	28 620 000	29 502 000	30 472 000	30 399 000
Total Retained Equity	1 365 000	3 340 000	3 605 000	2 642 000
Total Equity	3 237 000	5 212 000	5 477 000	4 515 000
Total Long-Term Debt	20 023 000	20 995 000	20 700 000	21 878 000
Total Current Debt	5 360 000	3 295 000	4 295 000	4 006 000
Total Equity and Debt	28 620 000	29 502 000	30 472 000	30 399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 617 000	18 531 000	17 548 000	17 277 000
Other Income	471 000	80 000	846 000	131 000
Revenue	17 087 000	18 611 000	18 394 000	17 409 000
Cost of Goods Sold	3 917 000	6 170 000	6 878 000	5 455 000
Salary Costs	4 957 000	3 864 000	3 517 000	4 764 000
Depreciation	994 000	962 000	971 000	839 000
Impairment	0	0	0	0
Expenditure	18 122 000	18 225 000	16 227 000	17 047 000
Operating Profit	−1 035 000	386 000	2 166 000	363 000
Financial Income	24 000	54 000	0	2 000
Financial Costs	880 000	789 000	933 000	913 000
Financial Balance	−856 000	−735 000	−933 000	−911 000
Dividends	0	0	0	0
Net Income	−1 475 000	−265 000	962 000	−443 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 963 000	17 192 000	19 550 000	19 892 000
Machinery and Plant Facilities	0	0	1 488 000	1 462 000
Fixtures	4 816 000	4 692 000	5 201 000	5 013 000
Total Tangible Assets	21 779 000	21 885 000	26 239 000	26 366 000
Total Fiancial Fixed Assets	176 000	176 000	282 000	282 000
Total Fixed Assets	21 955 000	22 061 000	26 521 000	26 648 000
Stock	5 880 000	6 612 000	3 136 000	3 392 000
Total Investments	0	0	0	0
Cash, Bank	149 000	368 000	344 000	249 000
Total Current Assets	6 665 000	7 441 000	3 951 000	3 751 000
Total Assets	28 620 000	29 502 000	30 472 000	30 399 000
Total Equity	3 237 000	5 212 000	5 477 000	4 515 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 023 000	20 995 000	20 700 000	21 878 000
Creditors	1 266 000	959 000	333 000	493 000
Unpaid Taxes	144 000	219 000	197 000	212 000
Dividends	0	0	0	0
Other Current Debt	1 806 000	1 086 000	1 100 000	1 384 000
Total Current Debt	5 360 000	3 295 000	4 295 000	4 006 000
Total Equity and Debt	28 620 000	29 502 000	30 472 000	30 399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,57 %	−5,08 %	17,56 %	−9,81 %
Debt-to-Equity Ratio	6,19	4,03	3,78	4,85
Operating Profit Margin	−6,06 %	2,07 %	11,78 %	2,09 %
Current Ratio	1,24	2,26	0,92	0,94
Quick Ratio	−12,82	−2,24	3,41	6,11
Equity Ratio	0,11	0,18	0,18	0,15
Gross Profit Margin	77,08 %	66,85 %	62,61 %	68,67 %