ARRIBATEC HOSPITALITY AS

0585 OSLO

Finances

Share Ownership

Return on Equity

−205,27 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 642 000	1 097 000	0	0
Net Income	−10 512 000	−7 724 000	−2 059 000	−577 000
Total Assets	12 233 000	17 957 000	5 812 000	3 643 000
Total Equity	5 121 000	8 156 000	339 000	251 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 642 000	1 097 000	0	0
Expenditure	14 816 000	10 984 000	2 641 000	744 000
Operating Profit	−11 174 000	−9 888 000	−2 641 000	−744 000
Financial Income	21 000	38 000	73 000	7 000
Financial Costs	248 000	257 000	96 000	49 000
Financial Balance	−227 000	−219 000	−23 000	−42 000
Earnings Before Tax	−11 402 000	−10 107 000	−2 664 000	−786 000
Tax	−890 000	−2 383 000	−606 000	−209 000
Net Income	−10 512 000	−7 724 000	−2 059 000	−577 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 762 000	2 646 000	2 251 000	2 201 000
Total Current Assets	8 471 000	15 311 000	3 561 000	1 442 000
Total Assets	12 233 000	17 957 000	5 812 000	3 643 000
Total Retained Equity	−8 921 000	1 611 000	274 000	186 000
Total Equity	5 121 000	8 156 000	339 000	251 000
Total Long-Term Debt	609 000	6 923 000	563 000	1 278 000
Total Current Debt	6 502 000	2 878 000	4 910 000	2 114 000
Total Equity and Debt	12 233 000	17 957 000	5 812 000	3 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 562 000	1 097 000	0	0
Other Income	79 000	0	0	0
Revenue	3 642 000	1 097 000	0	0
Cost of Goods Sold	2 551 000	1 003 000	0	0
Salary Costs	6 502 000	5 990 000	1 472 000	0
Depreciation	1 580 000	1 432 000	642 000	491 000
Impairment	883 000	0	0	0
Expenditure	14 816 000	10 984 000	2 641 000	744 000
Operating Profit	−11 174 000	−9 888 000	−2 641 000	−744 000
Financial Income	21 000	38 000	73 000	7 000
Financial Costs	248 000	257 000	96 000	49 000
Financial Balance	−227 000	−219 000	−23 000	−42 000
Dividends	0	0	0	0
Net Income	−10 512 000	−7 724 000	−2 059 000	−577 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 640 000	2 589 000	2 251 000	1 963 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	122 000	58 000	0	0
Total Tangible Assets	122 000	58 000	0	0
Total Fiancial Fixed Assets	0	0	0	238 000
Total Fixed Assets	3 762 000	2 646 000	2 251 000	2 201 000
Stock	624 000	324 000	0	0
Total Investments	0	0	0	0
Cash, Bank	489 000	258 000	139 000	0
Total Current Assets	8 471 000	15 311 000	3 561 000	1 442 000
Total Assets	12 233 000	17 957 000	5 812 000	3 643 000
Total Equity	5 121 000	8 156 000	339 000	251 000
Short-Term Group Debt	0	610 000	4 545 000	1 949 000
Total Long-Term Debt	609 000	6 923 000	563 000	1 278 000
Creditors	2 414 000	268 000	82 000	4 000
Unpaid Taxes	534 000	557 000	189 000	−83 000
Dividends	0	0	0	0
Other Current Debt	1 809 000	1 255 000	95 000	62 000
Total Current Debt	6 502 000	2 878 000	4 910 000	2 114 000
Total Equity and Debt	12 233 000	17 957 000	5 812 000	3 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−205,27 %	−94,7 %	−607,37 %	−229,88 %
Debt-to-Equity Ratio	0,12	0,85	1,66	5,09
Operating Profit Margin	−306,81 %	−901,37 %	-	-
Current Ratio	1,3	5,32	0,73	0,68
Quick Ratio	1,44	5,99	0,73	0,68
Equity Ratio	0,42	0,45	0,06	0,07
Gross Profit Margin	29,96 %	8,57 %	-	-