ARNTZEN & VARAN EIENDOM AS

1684 VESTERØY

Finances

Share Ownership

Return on Equity

37,42 %

Current Ratio

1,12

Debt-to-Equity Ratio

15,69

Key figures (NOK)	2022	2021	2020
Revenue	180 000	180 000	45 000
Net Income	61 000	57 000	20 000
Total Assets	2 737 000	2 733 000	2 754 000
Total Equity	163 000	102 000	44 000

Income (NOK)	2022	2021	2020
Revenue	180 000	180 000	45 000
Expenditure	56 000	69 000	11 000
Operating Profit	124 000	111 000	34 000
Financial Income	0	0	0
Financial Costs	46 000	38 000	10 000
Financial Balance	−46 000	−38 000	−10 000
Earnings Before Tax	78 000	74 000	24 000
Tax	17 000	16 000	4 000
Net Income	61 000	57 000	20 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 718 000	2 718 000	2 718 000
Total Current Assets	19 000	16 000	37 000
Total Assets	2 737 000	2 733 000	2 754 000
Total Retained Equity	138 000	77 000	20 000
Total Equity	163 000	102 000	44 000
Total Long-Term Debt	2 557 000	2 612 000	2 706 000
Total Current Debt	17 000	20 000	4 000
Total Equity and Debt	2 737 000	2 733 000	2 754 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	180 000	180 000	45 000
Revenue	180 000	180 000	45 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	56 000	69 000	11 000
Operating Profit	124 000	111 000	34 000
Financial Income	0	0	0
Financial Costs	46 000	38 000	10 000
Financial Balance	−46 000	−38 000	−10 000
Dividends	0	0	0
Net Income	61 000	57 000	20 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 718 000	2 718 000	2 718 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 718 000	2 718 000	2 718 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 718 000	2 718 000	2 718 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	19 000	16 000	37 000
Total Current Assets	19 000	16 000	37 000
Total Assets	2 737 000	2 733 000	2 754 000
Total Equity	163 000	102 000	44 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 557 000	2 612 000	2 706 000
Creditors	0	4 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	17 000	20 000	4 000
Total Equity and Debt	2 737 000	2 733 000	2 754 000

Financial indicators	2022	2021	2020
Return on Equity	37,42 %	55,88 %	45,45 %
Debt-to-Equity Ratio	15,69	25,61	61,5
Operating Profit Margin	68,89 %	61,67 %	75,56 %
Current Ratio	1,12	0,8	9,25
Quick Ratio	1,12	0,8	9,25
Equity Ratio	0,06	0,04	0,02
Gross Profit Margin	100 %	100 %	100 %