ARENDAL UTVIKLING AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

5,94 %

Current Ratio

0,63

Debt-to-Equity Ratio

−2,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 481 000	513 000	0	0
Net Income	−1 086 000	−3 328 000	−6 825 000	−2 854 000
Total Assets	22 293 000	24 731 000	29 404 000	28 923 000
Total Equity	−18 271 000	−18 221 000	−10 722 000	−10 488 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 481 000	513 000	0	0
Expenditure	2 964 000	4 919 000	186 000	13 000
Operating Profit	−483 000	−4 407 000	−186 000	−13 000
Financial Income	5 000	1 563 000	−1 016 000	−379 000
Financial Costs	915 000	833 000	5 623 000	2 462 000
Financial Balance	−910 000	730 000	−6 639 000	−2 841 000
Earnings Before Tax	−1 393 000	−3 676 000	−6 825 000	−2 854 000
Tax	−306 000	−349 000	0	0
Net Income	−1 086 000	−3 328 000	−6 825 000	−2 854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 140 000	13 489 000	22 500 000	28 923 000
Total Current Assets	2 153 000	11 242 000	6 904 000	0
Total Assets	22 293 000	24 731 000	29 404 000	28 923 000
Total Retained Equity	−19 271 000	−19 221 000	−11 722 000	−11 488 000
Total Equity	−18 271 000	−18 221 000	−10 722 000	−10 488 000
Total Long-Term Debt	37 131 000	37 302 000	23 500 000	33 000 000
Total Current Debt	3 432 000	5 650 000	16 626 000	6 411 000
Total Equity and Debt	22 293 000	24 731 000	29 404 000	28 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 481 000	513 000	0	0
Revenue	2 481 000	513 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	410 000	400 000	0	0
Impairment	0	0	0	0
Expenditure	2 964 000	4 919 000	186 000	13 000
Operating Profit	−483 000	−4 407 000	−186 000	−13 000
Financial Income	5 000	1 563 000	−1 016 000	−379 000
Financial Costs	915 000	833 000	5 623 000	2 462 000
Financial Balance	−910 000	730 000	−6 639 000	−2 841 000
Dividends	0	0	0	0
Net Income	−1 086 000	−3 328 000	−6 825 000	−2 854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 579 000	13 489 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 579 000	13 489 000	0	0
Total Fiancial Fixed Assets	6 561 000	0	22 500 000	28 923 000
Total Fixed Assets	20 140 000	13 489 000	22 500 000	28 923 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	112 000	4 000	0	0
Total Current Assets	2 153 000	11 242 000	6 904 000	0
Total Assets	22 293 000	24 731 000	29 404 000	28 923 000
Total Equity	−18 271 000	−18 221 000	−10 722 000	−10 488 000
Short-Term Group Debt	0	0	11 995 000	6 167 000
Total Long-Term Debt	37 131 000	37 302 000	23 500 000	33 000 000
Creditors	102 000	2 266 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 330 000	3 384 000	4 631 000	244 000
Total Current Debt	3 432 000	5 650 000	16 626 000	6 411 000
Total Equity and Debt	22 293 000	24 731 000	29 404 000	28 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,94 %	18,26 %	63,65 %	27,21 %
Debt-to-Equity Ratio	−2,03	−2,05	−2,19	−3,15
Operating Profit Margin	−19,47 %	−859,06 %	-	-
Current Ratio	0,63	1,99	0,42	0
Quick Ratio	0,63	1,99	0,42	0
Equity Ratio	−0,82	−0,74	−0,36	−0,36
Gross Profit Margin	100 %	100 %	-	-