ARCHAEOLOGICAL RESEARCH AS

1473 LØRENSKOG

Finances

Share Ownership

Return on Equity

−4 475 %

Current Ratio

45,39

Debt-to-Equity Ratio

68,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 000	87 000	43 000	100 000
Net Income	−4 475 000	−4 000	−2 287 000	104 000
Total Assets	7 127 000	7 721 000	7 368 000	6 848 000
Total Equity	100 000	134 000	77 000	14 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 000	87 000	43 000	100 000
Expenditure	4 239 000	119 000	2 131 000	208 000
Operating Profit	−4 210 000	−33 000	−2 088 000	−108 000
Financial Income	0	123 000	150 000	0
Financial Costs	343 000	365 000	349 000	0
Financial Balance	−343 000	−242 000	−199 000	0
Earnings Before Tax	−4 553 000	−274 000	−2 287 000	−108 000
Tax	−79 000	−271 000	0	−212 000
Net Income	−4 475 000	−4 000	−2 287 000	104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	7 127 000	7 721 000	7 368 000	6 848 000
Total Assets	7 127 000	7 721 000	7 368 000	6 848 000
Total Retained Equity	0	0	−23 000	−86 000
Total Equity	100 000	134 000	77 000	14 000
Total Long-Term Debt	6 870 000	6 686 000	7 282 000	0
Total Current Debt	157 000	901 000	9 000	6 834 000
Total Equity and Debt	7 127 000	7 721 000	7 368 000	6 848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 000	87 000	43 000	100 000
Other Income	0	0	0	0
Revenue	28 000	87 000	43 000	100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 239 000	119 000	2 131 000	208 000
Operating Profit	−4 210 000	−33 000	−2 088 000	−108 000
Financial Income	0	123 000	150 000	0
Financial Costs	343 000	365 000	349 000	0
Financial Balance	−343 000	−242 000	−199 000	0
Dividends	0	0	0	0
Net Income	−4 475 000	−4 000	−2 287 000	104 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	9 000	36 000	40 000
Total Current Assets	7 127 000	7 721 000	7 368 000	6 848 000
Total Assets	7 127 000	7 721 000	7 368 000	6 848 000
Total Equity	100 000	134 000	77 000	14 000
Short-Term Group Debt	0	900 000	0	0
Total Long-Term Debt	6 870 000	6 686 000	7 282 000	0
Creditors	0	1 000	1 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	8 000	6 832 000
Total Current Debt	157 000	901 000	9 000	6 834 000
Total Equity and Debt	7 127 000	7 721 000	7 368 000	6 848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4 475 %	−2,99 %	−2 970,13 %	742,86 %
Debt-to-Equity Ratio	68,7	49,9	94,57	0
Operating Profit Margin	−15 035,71 %	−37,93 %	−4 855,81 %	−108 %
Current Ratio	45,39	8,57	818,67	1
Quick Ratio	45,39	8,57	818,67	1
Equity Ratio	0,01	0,02	0,01	0
Gross Profit Margin	100 %	100 %	100 %	100 %