ARAD SOLUTIONS AS

1341 SLEPENDEN

Finances

Share Ownership

Return on Equity

−19 400 %

Current Ratio

0,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 514 000	812 000	636 000	1 125 000
Net Income	−194 000	351 000	119 000	24 000
Total Assets	289 000	511 000	320 000	283 000
Total Equity	1 000	196 000	148 000	130 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 514 000	812 000	636 000	1 125 000
Expenditure	1 762 000	361 000	483 000	1 094 000
Operating Profit	−249 000	451 000	153 000	31 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	0	1 000	−1 000	0
Earnings Before Tax	−249 000	452 000	152 000	32 000
Tax	−54 000	101 000	33 000	7 000
Net Income	−194 000	351 000	119 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	0	0	0
Total Current Assets	234 000	511 000	320 000	283 000
Total Assets	289 000	511 000	320 000	283 000
Total Retained Equity	−23 000	171 000	124 000	105 000
Total Equity	1 000	196 000	148 000	130 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	287 000	315 000	172 000	154 000
Total Equity and Debt	289 000	511 000	320 000	283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 514 000	812 000	627 000	1 125 000
Other Income	0	0	10 000	0
Revenue	1 514 000	812 000	636 000	1 125 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 621 000	278 000	260 000	830 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 762 000	361 000	483 000	1 094 000
Operating Profit	−249 000	451 000	153 000	31 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	0	1 000	−1 000	0
Dividends	0	304 000	100 000	0
Net Income	−194 000	351 000	119 000	24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	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	0	0	0	0
Total Fixed Assets	54 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	223 000	239 000	112 000	56 000
Total Current Assets	234 000	511 000	320 000	283 000
Total Assets	289 000	511 000	320 000	283 000
Total Equity	1 000	196 000	148 000	130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	−2 000	4 000	3 000
Unpaid Taxes	139 000	117 000	4 000	66 000
Dividends	0	304 000	100 000	0
Other Current Debt	146 000	49 000	31 000	77 000
Total Current Debt	287 000	315 000	172 000	154 000
Total Equity and Debt	289 000	511 000	320 000	283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19 400 %	179,08 %	80,41 %	18,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,45 %	55,54 %	24,06 %	2,76 %
Current Ratio	0,82	1,62	1,86	1,84
Quick Ratio	0,82	1,62	1,86	1,84
Equity Ratio	0	0,38	0,46	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %