ARBEIDERGATA 1 AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

50 %

Current Ratio

0,31

Debt-to-Equity Ratio

−24,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 430 000	2 388 000	2 367 000	2 363 000
Net Income	−482 000	182 000	248 000	66 000
Total Assets	23 892 000	22 701 000	19 166 000	19 730 000
Total Equity	−964 000	−482 000	−664 000	−912 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 430 000	2 388 000	2 367 000	2 363 000
Expenditure	1 633 000	1 383 000	1 188 000	1 146 000
Operating Profit	796 000	1 005 000	1 179 000	1 217 000
Financial Income	0	0	0	0
Financial Costs	1 278 000	824 000	931 000	1 151 000
Financial Balance	−1 278 000	−824 000	−931 000	−1 151 000
Earnings Before Tax	−482 000	182 000	248 000	66 000
Tax	0	0	0	0
Net Income	−482 000	182 000	248 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 499 000	22 540 000	18 780 000	19 417 000
Total Current Assets	392 000	162 000	386 000	313 000
Total Assets	23 892 000	22 701 000	19 166 000	19 730 000
Total Retained Equity	−987 000	−505 000	−687 000	−935 000
Total Equity	−964 000	−482 000	−664 000	−912 000
Total Long-Term Debt	23 591 000	22 981 000	19 594 000	20 428 000
Total Current Debt	1 265 000	202 000	236 000	214 000
Total Equity and Debt	23 892 000	22 701 000	19 166 000	19 730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	0	0	0
Other Income	2 427 000	2 388 000	2 367 000	2 363 000
Revenue	2 430 000	2 388 000	2 367 000	2 363 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	0	0	0
Depreciation	1 046 000	854 000	820 000	814 000
Impairment	0	0	0	0
Expenditure	1 633 000	1 383 000	1 188 000	1 146 000
Operating Profit	796 000	1 005 000	1 179 000	1 217 000
Financial Income	0	0	0	0
Financial Costs	1 278 000	824 000	931 000	1 151 000
Financial Balance	−1 278 000	−824 000	−931 000	−1 151 000
Dividends	0	0	0	0
Net Income	−482 000	182 000	248 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 119 000	20 358 000	16 598 000	17 235 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	0	0	0
Total Tangible Assets	22 157 000	20 358 000	16 598 000	17 235 000
Total Fiancial Fixed Assets	1 342 000	2 182 000	2 182 000	2 182 000
Total Fixed Assets	23 499 000	22 540 000	18 780 000	19 417 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	5 000	335 000	12 000
Total Current Assets	392 000	162 000	386 000	313 000
Total Assets	23 892 000	22 701 000	19 166 000	19 730 000
Total Equity	−964 000	−482 000	−664 000	−912 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 591 000	22 981 000	19 594 000	20 428 000
Creditors	1 145 000	69 000	161 000	101 000
Unpaid Taxes	0	75 000	0	0
Dividends	0	0	0	0
Other Current Debt	120 000	59 000	75 000	112 000
Total Current Debt	1 265 000	202 000	236 000	214 000
Total Equity and Debt	23 892 000	22 701 000	19 166 000	19 730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50 %	−37,76 %	−37,35 %	−7,24 %
Debt-to-Equity Ratio	−24,47	−47,68	−29,51	−22,4
Operating Profit Margin	32,76 %	42,09 %	49,81 %	51,5 %
Current Ratio	0,31	0,8	1,64	1,46
Quick Ratio	0,31	0,8	1,64	1,46
Equity Ratio	−0,04	−0,02	−0,03	−0,05
Gross Profit Margin	100 %	100 %	100 %	100 %