ARMATURFABRIKKEN AS

7120 LEKSVIK

Finances

Share Ownership

Return on Equity

13,22 %

Current Ratio

4,13

Debt-to-Equity Ratio

2,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 714 000	1 869 000	1 149 000	1 529 000
Net Income	220 000	370 000	−126 000	125 000
Total Assets	6 506 000	6 946 000	6 840 000	7 495 000
Total Equity	1 664 000	1 444 000	1 073 000	1 199 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 714 000	1 869 000	1 149 000	1 529 000
Expenditure	1 172 000	1 148 000	1 055 000	1 088 000
Operating Profit	541 000	721 000	93 000	441 000
Financial Income	0	0	1 000	1 000
Financial Costs	256 000	246 000	256 000	282 000
Financial Balance	−256 000	−246 000	−255 000	−281 000
Earnings Before Tax	285 000	475 000	−162 000	160 000
Tax	65 000	104 000	−36 000	35 000
Net Income	220 000	370 000	−126 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 508 000	4 851 000	5 454 000	6 093 000
Total Current Assets	1 999 000	2 095 000	1 385 000	1 402 000
Total Assets	6 506 000	6 946 000	6 840 000	7 495 000
Total Retained Equity	1 564 000	1 344 000	973 000	1 099 000
Total Equity	1 664 000	1 444 000	1 073 000	1 199 000
Total Long-Term Debt	4 358 000	4 849 000	5 347 000	5 826 000
Total Current Debt	484 000	654 000	419 000	470 000
Total Equity and Debt	6 506 000	6 946 000	6 840 000	7 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 714 000	1 869 000	1 149 000	1 529 000
Revenue	1 714 000	1 869 000	1 149 000	1 529 000
Cost of Goods Sold	0	0	0	0
Salary Costs	49 000	61 000	43 000	36 000
Depreciation	622 000	702 000	695 000	692 000
Impairment	0	0	0	0
Expenditure	1 172 000	1 148 000	1 055 000	1 088 000
Operating Profit	541 000	721 000	93 000	441 000
Financial Income	0	0	1 000	1 000
Financial Costs	256 000	246 000	256 000	282 000
Financial Balance	−256 000	−246 000	−255 000	−281 000
Dividends	0	0	0	0
Net Income	220 000	370 000	−126 000	125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	245 000	201 000	137 000	81 000
Real Eastate	4 033 000	4 608 000	5 302 000	5 993 000
Machinery and Plant Facilities	31 000	42 000	15 000	19 000
Fixtures	200 000	0	0	0
Total Tangible Assets	4 263 000	4 650 000	5 317 000	6 012 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 508 000	4 851 000	5 454 000	6 093 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 935 000	2 015 000	1 370 000	1 517 000
Total Current Assets	1 999 000	2 095 000	1 385 000	1 402 000
Total Assets	6 506 000	6 946 000	6 840 000	7 495 000
Total Equity	1 664 000	1 444 000	1 073 000	1 199 000
Short-Term Group Debt	342 000	342 000	342 000	342 000
Total Long-Term Debt	4 358 000	4 849 000	5 347 000	5 826 000
Creditors	2 000	21 000	−14 000	33 000
Unpaid Taxes	17 000	107 000	57 000	0
Dividends	0	0	0	0
Other Current Debt	15 000	16 000	14 000	14 000
Total Current Debt	484 000	654 000	419 000	470 000
Total Equity and Debt	6 506 000	6 946 000	6 840 000	7 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,22 %	25,62 %	−11,74 %	10,43 %
Debt-to-Equity Ratio	2,62	3,36	4,98	4,86
Operating Profit Margin	31,56 %	38,58 %	8,09 %	28,84 %
Current Ratio	4,13	3,2	3,31	2,98
Quick Ratio	4,13	3,2	3,31	2,98
Equity Ratio	0,26	0,21	0,16	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %