ÅRNES NÆRINGSPARK AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

5,67 %

Current Ratio

1,5

Debt-to-Equity Ratio

1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 175 000	5 429 000	4 366 000	6 204 000
Net Income	620 000	262 000	−1 193 000	892 000
Total Assets	34 563 000	29 090 000	31 068 000	35 395 000
Total Equity	10 936 000	11 690 000	12 413 000	13 412 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 175 000	5 429 000	4 366 000	6 204 000
Expenditure	4 549 000	4 410 000	4 780 000	4 165 000
Operating Profit	1 626 000	1 018 000	−413 000	2 039 000
Financial Income	0	0	16 000	59 000
Financial Costs	831 000	682 000	1 132 000	955 000
Financial Balance	−831 000	−682 000	−1 116 000	−896 000
Earnings Before Tax	794 000	335 000	−1 529 000	1 144 000
Tax	175 000	74 000	−336 000	252 000
Net Income	620 000	262 000	−1 193 000	892 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 331 000	27 915 000	29 556 000	32 231 000
Total Current Assets	5 232 000	1 175 000	1 512 000	3 165 000
Total Assets	34 563 000	29 090 000	31 068 000	35 395 000
Total Retained Equity	0	0	0	0
Total Equity	10 936 000	11 690 000	12 413 000	13 412 000
Total Long-Term Debt	20 137 000	15 806 000	18 074 000	19 244 000
Total Current Debt	3 491 000	1 593 000	581 000	2 740 000
Total Equity and Debt	34 563 000	29 090 000	31 068 000	35 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	4 243 000	5 978 000
Other Income	6 175 000	5 429 000	123 000	226 000
Revenue	6 175 000	5 429 000	4 366 000	6 204 000
Cost of Goods Sold	29 000	0	0	0
Salary Costs	296 000	271 000	269 000	259 000
Depreciation	2 426 000	2 490 000	2 957 000	2 957 000
Impairment	0	0	0	0
Expenditure	4 549 000	4 410 000	4 780 000	4 165 000
Operating Profit	1 626 000	1 018 000	−413 000	2 039 000
Financial Income	0	0	16 000	59 000
Financial Costs	831 000	682 000	1 132 000	955 000
Financial Balance	−831 000	−682 000	−1 116 000	−896 000
Dividends	0	0	0	0
Net Income	620 000	262 000	−1 193 000	892 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 479 000	1 266 000	1 062 000	780 000
Real Eastate	27 853 000	26 649 000	28 494 000	31 450 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 853 000	26 649 000	28 494 000	31 450 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 331 000	27 915 000	29 556 000	32 231 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 279 000	581 000	637 000	3 165 000
Total Current Assets	5 232 000	1 175 000	1 512 000	3 165 000
Total Assets	34 563 000	29 090 000	31 068 000	35 395 000
Total Equity	10 936 000	11 690 000	12 413 000	13 412 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 137 000	15 806 000	18 074 000	19 244 000
Creditors	210 000	101 000	416 000	16 000
Unpaid Taxes	211 000	199 000	136 000	254 000
Dividends	0	0	0	0
Other Current Debt	3 069 000	1 293 000	29 000	2 470 000
Total Current Debt	3 491 000	1 593 000	581 000	2 740 000
Total Equity and Debt	34 563 000	29 090 000	31 068 000	35 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,67 %	2,24 %	−9,61 %	6,65 %
Debt-to-Equity Ratio	1,84	1,35	1,46	1,43
Operating Profit Margin	26,33 %	18,75 %	−9,46 %	32,87 %
Current Ratio	1,5	0,74	2,6	1,16
Quick Ratio	1,5	0,74	2,6	1,16
Equity Ratio	0,32	0,4	0,4	0,38
Gross Profit Margin	99,53 %	100 %	100 %	100 %