ARE SJØ AS

5561 BOKN

Finances

Share Ownership

Return on Equity

5,82 %

Current Ratio

8,5

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 000	2 583 000	525 000	758 000
Net Income	21 000	1 501 000	−187 000	−5 000
Total Assets	867 000	1 858 000	1 464 000	1 667 000
Total Equity	361 000	441 000	−61 000	126 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 000	2 583 000	525 000	758 000
Expenditure	12 000	636 000	735 000	726 000
Operating Profit	25 000	1 946 000	−209 000	32 000
Financial Income	2 000	0	0	0
Financial Costs	0	22 000	30 000	38 000
Financial Balance	2 000	−22 000	−30 000	−38 000
Earnings Before Tax	26 000	1 925 000	−240 000	−6 000
Tax	6 000	423 000	−53 000	−1 000
Net Income	21 000	1 501 000	−187 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	99 000	1 458 000	1 553 000
Total Current Assets	867 000	1 759 000	6 000	114 000
Total Assets	867 000	1 858 000	1 464 000	1 667 000
Total Retained Equity	331 000	411 000	−91 000	96 000
Total Equity	361 000	441 000	−61 000	126 000
Total Long-Term Debt	404 000	398 000	1 484 000	1 508 000
Total Current Debt	102 000	1 019 000	41 000	33 000
Total Equity and Debt	867 000	1 858 000	1 464 000	1 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	396 000	525 000	758 000
Other Income	37 000	2 187 000	0	0
Revenue	37 000	2 583 000	525 000	758 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	433 000	438 000	446 000
Depreciation	0	21 000	120 000	113 000
Impairment	0	0	0	0
Expenditure	12 000	636 000	735 000	726 000
Operating Profit	25 000	1 946 000	−209 000	32 000
Financial Income	2 000	0	0	0
Financial Costs	0	22 000	30 000	38 000
Financial Balance	2 000	−22 000	−30 000	−38 000
Dividends	100 000	1 000 000	0	0
Net Income	21 000	1 501 000	−187 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	26 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	99 000	120 000	141 000
Total Tangible Assets	0	99 000	1 433 000	1 553 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	99 000	1 458 000	1 553 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	778 000	1 584 000	1 000	107 000
Total Current Assets	867 000	1 759 000	6 000	114 000
Total Assets	867 000	1 858 000	1 464 000	1 667 000
Total Equity	361 000	441 000	−61 000	126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	404 000	398 000	1 484 000	1 508 000
Creditors	2 000	0	0	0
Unpaid Taxes	0	19 000	40 000	30 000
Dividends	100 000	1 000 000	0	0
Other Current Debt	0	0	1 000	3 000
Total Current Debt	102 000	1 019 000	41 000	33 000
Total Equity and Debt	867 000	1 858 000	1 464 000	1 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,82 %	340,36 %	306,56 %	−3,97 %
Debt-to-Equity Ratio	1,12	0,9	−24,33	11,97
Operating Profit Margin	67,57 %	75,34 %	−39,81 %	4,22 %
Current Ratio	8,5	1,73	0,15	3,45
Quick Ratio	8,5	1,73	0,15	3,45
Equity Ratio	0,42	0,24	−0,04	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %