ARENDAL GRØNN ENERGI AS

4846 ARENDAL

Finances

Share Ownership

Return on Equity

377,32 %

Current Ratio

0,69

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	2 468 000	1 979 000	461 000
Net Income	−366 000	42 000	37 000
Total Assets	743 000	1 058 000	661 000
Total Equity	−97 000	270 000	227 000

Income (NOK)	2022	2021	2020
Revenue	2 468 000	1 979 000	461 000
Expenditure	2 937 000	1 923 000	416 000
Operating Profit	−469 000	56 000	45 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	−469 000	54 000	45 000
Tax	−103 000	12 000	8 000
Net Income	−366 000	42 000	37 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	161 000	12 000	19 000
Total Current Assets	582 000	1 046 000	642 000
Total Assets	743 000	1 058 000	661 000
Total Retained Equity	−287 000	80 000	37 000
Total Equity	−97 000	270 000	227 000
Total Long-Term Debt	0	3 000	1 000
Total Current Debt	839 000	785 000	432 000
Total Equity and Debt	743 000	1 058 000	661 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 317 000	1 871 000	450 000
Other Income	151 000	108 000	11 000
Revenue	2 468 000	1 979 000	461 000
Cost of Goods Sold	14 000	63 000	9 000
Salary Costs	1 984 000	1 317 000	252 000
Depreciation	12 000	7 000	1 000
Impairment	0	0	0
Expenditure	2 937 000	1 923 000	416 000
Operating Profit	−469 000	56 000	45 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	−366 000	42 000	37 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	101 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	60 000	12 000	19 000
Total Tangible Assets	60 000	12 000	19 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	161 000	12 000	19 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	147 000	139 000	66 000
Total Current Assets	582 000	1 046 000	642 000
Total Assets	743 000	1 058 000	661 000
Total Equity	−97 000	270 000	227 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	3 000	1 000
Creditors	87 000	94 000	30 000
Unpaid Taxes	211 000	328 000	159 000
Dividends	0	0	0
Other Current Debt	541 000	353 000	236 000
Total Current Debt	839 000	785 000	432 000
Total Equity and Debt	743 000	1 058 000	661 000

Financial indicators	2022	2021	2020
Return on Equity	377,32 %	15,56 %	16,3 %
Debt-to-Equity Ratio	−0	0,01	0
Operating Profit Margin	−19 %	2,83 %	9,76 %
Current Ratio	0,69	1,33	1,49
Quick Ratio	0,69	1,33	1,49
Equity Ratio	−0,13	0,26	0,34
Gross Profit Margin	99,43 %	96,82 %	98,05 %