ARD GROUP AS

3044 DRAMMEN

Finances

Return on Equity

1,32 %

Current Ratio

9,63

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 590 000	5 230 000	11 632 000	8 786 000
Net Income	5 724 000	44 998 000	−44 526 000	−119 480 000
Total Assets	458 916 000	458 367 000	443 470 000	490 928 000
Total Equity	433 993 000	429 570 000	406 995 000	451 298 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 590 000	5 230 000	11 632 000	8 786 000
Expenditure	6 066 000	6 310 000	5 555 000	7 523 000
Operating Profit	−477 000	−1 081 000	6 078 000	1 263 000
Financial Income	8 085 000	46 880 000	8 759 000	4 672 000
Financial Costs	1 974 000	479 000	56 564 000	123 790 000
Financial Balance	6 111 000	46 401 000	−47 805 000	−119 118 000
Earnings Before Tax	5 634 000	45 320 000	−41 727 000	−117 855 000
Tax	−90 000	323 000	2 798 000	1 625 000
Net Income	5 724 000	44 998 000	−44 526 000	−119 480 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	445 052 000	438 638 000	420 913 000	461 347 000
Total Current Assets	13 863 000	19 729 000	22 557 000	29 581 000
Total Assets	458 916 000	458 367 000	443 470 000	490 928 000
Total Retained Equity	26 999 000	22 575 000	0	0
Total Equity	433 993 000	429 570 000	406 995 000	451 298 000
Total Long-Term Debt	23 482 000	27 062 000	27 248 000	31 953 000
Total Current Debt	1 440 000	1 736 000	9 228 000	7 676 000
Total Equity and Debt	458 916 000	458 367 000	443 470 000	490 928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 590 000	5 230 000	11 632 000	8 684 000
Other Income	0	0	0	101 000
Revenue	5 590 000	5 230 000	11 632 000	8 786 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 932 000	4 344 000	4 057 000	4 148 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 066 000	6 310 000	5 555 000	7 523 000
Operating Profit	−477 000	−1 081 000	6 078 000	1 263 000
Financial Income	8 085 000	46 880 000	8 759 000	4 672 000
Financial Costs	1 974 000	479 000	56 564 000	123 790 000
Financial Balance	6 111 000	46 401 000	−47 805 000	−119 118 000
Dividends	0	0	0	0
Net Income	5 724 000	44 998 000	−44 526 000	−119 480 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	445 052 000	438 638 000	420 913 000	461 347 000
Total Fixed Assets	445 052 000	438 638 000	420 913 000	461 347 000
Stock	0	0	0	0
Total Investments	8 564 000	9 066 000	8 671 000	16 980 000
Cash, Bank	3 892 000	9 696 000	1 462 000	1 621 000
Total Current Assets	13 863 000	19 729 000	22 557 000	29 581 000
Total Assets	458 916 000	458 367 000	443 470 000	490 928 000
Total Equity	433 993 000	429 570 000	406 995 000	451 298 000
Short-Term Group Debt	0	260 000	6 720 000	5 054 000
Total Long-Term Debt	23 482 000	27 062 000	27 248 000	31 953 000
Creditors	106 000	107 000	1 468 000	449 000
Unpaid Taxes	507 000	448 000	597 000	264 000
Dividends	0	0	0	0
Other Current Debt	827 000	921 000	443 000	1 909 000
Total Current Debt	1 440 000	1 736 000	9 228 000	7 676 000
Total Equity and Debt	458 916 000	458 367 000	443 470 000	490 928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,32 %	10,48 %	−10,94 %	−26,47 %
Debt-to-Equity Ratio	0,05	0,06	0,07	0,07
Operating Profit Margin	−8,53 %	−20,67 %	52,25 %	14,38 %
Current Ratio	9,63	11,36	2,44	3,85
Quick Ratio	9,63	11,36	2,44	3,85
Equity Ratio	0,95	0,94	0,92	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %