ARVE BAKKEN AS

3677 NOTODDEN

Finances

Return on Equity

27,59 %

Current Ratio

9,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	18 452 000	13 773 000	36 100 000	1 966 000
Total Assets	71 101 000	66 754 000	56 962 000	22 357 000
Total Equity	66 869 000	62 416 000	52 643 000	20 450 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	210 000	104 000	70 000	37 000
Operating Profit	−210 000	−104 000	−70 000	−37 000
Financial Income	25 498 000	19 117 000	37 686 000	10 507 000
Financial Costs	6 607 000	5 134 000	1 407 000	8 421 000
Financial Balance	18 891 000	13 983 000	36 279 000	2 086 000
Earnings Before Tax	18 682 000	13 879 000	36 209 000	2 050 000
Tax	230 000	106 000	109 000	83 000
Net Income	18 452 000	13 773 000	36 100 000	1 966 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 568 000	12 509 000	10 275 000	9 352 000
Total Current Assets	40 533 000	54 245 000	46 687 000	13 005 000
Total Assets	71 101 000	66 754 000	56 962 000	22 357 000
Total Retained Equity	65 037 000	60 289 000	50 516 000	18 323 000
Total Equity	66 869 000	62 416 000	52 643 000	20 450 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 232 000	4 338 000	4 319 000	1 907 000
Total Equity and Debt	71 101 000	66 754 000	56 962 000	22 357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	210 000	104 000	70 000	37 000
Operating Profit	−210 000	−104 000	−70 000	−37 000
Financial Income	25 498 000	19 117 000	37 686 000	10 507 000
Financial Costs	6 607 000	5 134 000	1 407 000	8 421 000
Financial Balance	18 891 000	13 983 000	36 279 000	2 086 000
Dividends	4 000 000	4 000 000	3 907 000	1 500 000
Net Income	18 452 000	13 773 000	36 100 000	1 966 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 051 000	2 000 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 051 000	2 000 000	0	0
Total Fiancial Fixed Assets	28 517 000	10 509 000	10 275 000	9 352 000
Total Fixed Assets	30 568 000	12 509 000	10 275 000	9 352 000
Stock	0	0	0	0
Total Investments	36 970 000	51 066 000	8 452 000	4 808 000
Cash, Bank	2 377 000	1 269 000	2 489 000	1 827 000
Total Current Assets	40 533 000	54 245 000	46 687 000	13 005 000
Total Assets	71 101 000	66 754 000	56 962 000	22 357 000
Total Equity	66 869 000	62 416 000	52 643 000	20 450 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	32 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	4 000 000	4 000 000	3 907 000	1 500 000
Other Current Debt	0	200 000	303 000	323 000
Total Current Debt	4 232 000	4 338 000	4 319 000	1 907 000
Total Equity and Debt	71 101 000	66 754 000	56 962 000	22 357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,59 %	22,07 %	68,58 %	9,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	9,58	12,5	10,81	6,82
Quick Ratio	9,58	12,5	10,81	6,82
Equity Ratio	0,94	0,94	0,92	0,91
Gross Profit Margin	-	-	-	-