ARVE GRINDHEIM ENTREPRENØR AS

5745 AURLAND

Finances

Share Ownership

Return on Equity

36,44 %

Current Ratio

0,51

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 075 000	813 000	975 000	1 145 000
Net Income	−90 000	−280 000	−3 000	−484 000
Total Assets	281 000	108 000	169 000	113 000
Total Equity	−247 000	−157 000	−512 000	−509 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 075 000	813 000	975 000	1 145 000
Expenditure	1 152 000	1 073 000	960 000	1 618 000
Operating Profit	−77 000	−260 000	14 000	−473 000
Financial Income	0	0	0	0
Financial Costs	13 000	20 000	18 000	11 000
Financial Balance	−13 000	−20 000	−18 000	−11 000
Earnings Before Tax	−90 000	−280 000	−3 000	−484 000
Tax	0	0	0	0
Net Income	−90 000	−280 000	−3 000	−484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	15 000	40 000	65 000
Total Current Assets	271 000	93 000	129 000	48 000
Total Assets	281 000	108 000	169 000	113 000
Total Retained Equity	−397 000	−307 000	−662 000	−659 000
Total Equity	−247 000	−157 000	−512 000	−509 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	528 000	265 000	681 000	622 000
Total Equity and Debt	281 000	108 000	169 000	113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	940 000	813 000	975 000	1 145 000
Other Income	135 000	0	0	0
Revenue	1 075 000	813 000	975 000	1 145 000
Cost of Goods Sold	6 000	80 000	230 000	314 000
Salary Costs	634 000	242 000	56 000	648 000
Depreciation	0	25 000	25 000	30 000
Impairment	0	0	0	0
Expenditure	1 152 000	1 073 000	960 000	1 618 000
Operating Profit	−77 000	−260 000	14 000	−473 000
Financial Income	0	0	0	0
Financial Costs	13 000	20 000	18 000	11 000
Financial Balance	−13 000	−20 000	−18 000	−11 000
Dividends	0	0	0	0
Net Income	−90 000	−280 000	−3 000	−484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	15 000	40 000	65 000
Total Tangible Assets	10 000	15 000	40 000	65 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	15 000	40 000	65 000
Stock	0	0	0	22 000
Total Investments	0	0	0	0
Cash, Bank	38 000	18 000	0	5 000
Total Current Assets	271 000	93 000	129 000	48 000
Total Assets	281 000	108 000	169 000	113 000
Total Equity	−247 000	−157 000	−512 000	−509 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	70 000	11 000	46 000	11 000
Unpaid Taxes	150 000	10 000	51 000	6 000
Dividends	0	0	0	0
Other Current Debt	136 000	72 000	444 000	424 000
Total Current Debt	528 000	265 000	681 000	622 000
Total Equity and Debt	281 000	108 000	169 000	113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,44 %	178,34 %	0,59 %	95,09 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−7,16 %	−31,98 %	1,44 %	−41,31 %
Current Ratio	0,51	0,35	0,19	0,08
Quick Ratio	0,51	0,35	0,19	0,08
Equity Ratio	−0,88	−1,45	−3,03	−4,5
Gross Profit Margin	99,44 %	90,16 %	76,41 %	72,58 %