ESPIRA VARBAK ARCEN AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

−36 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 091 000	4 738 000	4 932 000	5 206 000
Net Income	−333 000	3 000	90 000	174 000
Total Assets	2 513 000	1 502 000	1 888 000	2 078 000
Total Equity	925 000	1 029 000	1 030 000	1 004 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 091 000	4 738 000	4 932 000	5 206 000
Expenditure	5 517 000	4 733 000	4 801 000	4 990 000
Operating Profit	−427 000	5 000	132 000	217 000
Financial Income	0	7 000	14 000	27 000
Financial Costs	1 000	8 000	31 000	20 000
Financial Balance	−1 000	−1 000	−17 000	7 000
Earnings Before Tax	−427 000	4 000	115 000	224 000
Tax	−94 000	1 000	25 000	50 000
Net Income	−333 000	3 000	90 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	625 000	795 000	731 000	235 000
Total Current Assets	1 888 000	706 000	1 157 000	1 843 000
Total Assets	2 513 000	1 502 000	1 888 000	2 078 000
Total Retained Equity	825 000	929 000	930 000	904 000
Total Equity	925 000	1 029 000	1 030 000	1 004 000
Total Long-Term Debt	0	2 000	3 000	0
Total Current Debt	1 588 000	470 000	855 000	1 074 000
Total Equity and Debt	2 513 000	1 502 000	1 888 000	2 078 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 091 000	4 738 000	4 932 000	5 206 000
Other Income	0	0	0	0
Revenue	5 091 000	4 738 000	4 932 000	5 206 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 343 000	3 779 000	3 820 000	4 051 000
Depreciation	126 000	91 000	53 000	26 000
Impairment	100 000	0	0	0
Expenditure	5 517 000	4 733 000	4 801 000	4 990 000
Operating Profit	−427 000	5 000	132 000	217 000
Financial Income	0	7 000	14 000	27 000
Financial Costs	1 000	8 000	31 000	20 000
Financial Balance	−1 000	−1 000	−17 000	7 000
Dividends	0	0	0	0
Net Income	−333 000	3 000	90 000	174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	0	0	5 000
Real Eastate	33 000	153 000	182 000	193 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	565 000	487 000	549 000	37 000
Total Tangible Assets	598 000	795 000	731 000	230 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	625 000	795 000	731 000	235 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	123 000	87 000	119 000	103 000
Total Current Assets	1 888 000	706 000	1 157 000	1 843 000
Total Assets	2 513 000	1 502 000	1 888 000	2 078 000
Total Equity	925 000	1 029 000	1 030 000	1 004 000
Short-Term Group Debt	0	5 000	82 000	263 000
Total Long-Term Debt	0	2 000	3 000	0
Creditors	88 000	126 000	109 000	121 000
Unpaid Taxes	244 000	171 000	299 000	222 000
Dividends	0	0	0	0
Other Current Debt	1 256 000	168 000	364 000	468 000
Total Current Debt	1 588 000	470 000	855 000	1 074 000
Total Equity and Debt	2 513 000	1 502 000	1 888 000	2 078 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36 %	0,29 %	8,74 %	17,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,39 %	0,11 %	2,68 %	4,17 %
Current Ratio	1,19	1,5	1,35	1,72
Quick Ratio	1,19	1,5	1,35	1,72
Equity Ratio	0,37	0,69	0,55	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %