ÅRSTADVEIEN 15 A AS

5265 YTRE ARNA

Finances

Share Ownership

Return on Equity

430,77 %

Current Ratio

0,89

Debt-to-Equity Ratio

94,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 171 000	1 207 000	1 179 000	1 198 000
Net Income	336 000	383 000	432 000	426 000
Total Assets	7 593 000	7 737 000	10 400 000	10 312 000
Total Equity	78 000	162 000	246 000	144 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 171 000	1 207 000	1 179 000	1 198 000
Expenditure	717 000	693 000	598 000	627 000
Operating Profit	454 000	514 000	581 000	570 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	0
Financial Balance	0	0	−3 000	0
Earnings Before Tax	454 000	514 000	578 000	570 000
Tax	118 000	132 000	146 000	144 000
Net Income	336 000	383 000	432 000	426 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 465 000	7 548 000	7 632 000	7 716 000
Total Current Assets	128 000	188 000	2 768 000	2 596 000
Total Assets	7 593 000	7 737 000	10 400 000	10 312 000
Total Retained Equity	−22 000	62 000	146 000	44 000
Total Equity	78 000	162 000	246 000	144 000
Total Long-Term Debt	7 370 000	7 568 000	9 483 000	9 487 000
Total Current Debt	144 000	6 000	671 000	681 000
Total Equity and Debt	7 593 000	7 737 000	10 400 000	10 312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 171 000	1 207 000	1 179 000	1 198 000
Revenue	1 171 000	1 207 000	1 179 000	1 198 000
Cost of Goods Sold	0	0	0	0
Salary Costs	274 000	228 000	168 000	120 000
Depreciation	84 000	84 000	84 000	84 000
Impairment	0	0	0	0
Expenditure	717 000	693 000	598 000	627 000
Operating Profit	454 000	514 000	581 000	570 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	0
Financial Balance	0	0	−3 000	0
Dividends	0	0	0	0
Net Income	336 000	383 000	432 000	426 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 465 000	7 548 000	7 632 000	7 716 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 465 000	7 548 000	7 632 000	7 716 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 465 000	7 548 000	7 632 000	7 716 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	144 000	335 000	360 000
Total Current Assets	128 000	188 000	2 768 000	2 596 000
Total Assets	7 593 000	7 737 000	10 400 000	10 312 000
Total Equity	78 000	162 000	246 000	144 000
Short-Term Group Debt	0	0	662 000	654 000
Total Long-Term Debt	7 370 000	7 568 000	9 483 000	9 487 000
Creditors	−2 000	−13 000	−15 000	11 000
Unpaid Taxes	0	0	2 000	0
Dividends	0	0	0	0
Other Current Debt	147 000	20 000	22 000	16 000
Total Current Debt	144 000	6 000	671 000	681 000
Total Equity and Debt	7 593 000	7 737 000	10 400 000	10 312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	430,77 %	236,42 %	175,61 %	295,83 %
Debt-to-Equity Ratio	94,49	46,72	38,55	65,88
Operating Profit Margin	38,77 %	42,58 %	49,28 %	47,58 %
Current Ratio	0,89	31,33	4,13	3,81
Quick Ratio	0,89	31,33	4,13	3,81
Equity Ratio	0,01	0,02	0,02	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %