ARMIS AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

117,98 %

Current Ratio

0,62

Debt-to-Equity Ratio

−3,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 913 000	25 494 000	21 995 000	8 834 000
Net Income	−866 000	−21 000	123 000	−176 000
Total Assets	6 454 000	10 925 000	9 152 000	4 300 000
Total Equity	−734 000	132 000	153 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 913 000	25 494 000	21 995 000	8 834 000
Expenditure	22 825 000	25 270 000	21 642 000	9 199 000
Operating Profit	−912 000	224 000	353 000	−365 000
Financial Income	21 000	3 000	5 000	260 000
Financial Costs	209 000	254 000	198 000	95 000
Financial Balance	−188 000	−251 000	−193 000	165 000
Earnings Before Tax	−1 100 000	−27 000	160 000	−199 000
Tax	−234 000	−6 000	37 000	−23 000
Net Income	−866 000	−21 000	123 000	−176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 475 000	4 456 000	3 844 000	1 905 000
Total Current Assets	2 978 000	6 469 000	5 308 000	2 396 000
Total Assets	6 454 000	10 925 000	9 152 000	4 300 000
Total Retained Equity	−764 000	102 000	123 000	0
Total Equity	−734 000	132 000	153 000	30 000
Total Long-Term Debt	2 367 000	3 590 000	3 513 000	1 797 000
Total Current Debt	4 820 000	7 204 000	5 486 000	2 473 000
Total Equity and Debt	6 454 000	10 925 000	9 152 000	4 300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 571 000	25 494 000	21 995 000	8 834 000
Other Income	342 000	0	0	0
Revenue	21 913 000	25 494 000	21 995 000	8 834 000
Cost of Goods Sold	1 996 000	1 641 000	2 135 000	1 891 000
Salary Costs	8 951 000	11 050 000	8 603 000	3 715 000
Depreciation	794 000	809 000	603 000	245 000
Impairment	0	0	0	0
Expenditure	22 825 000	25 270 000	21 642 000	9 199 000
Operating Profit	−912 000	224 000	353 000	−365 000
Financial Income	21 000	3 000	5 000	260 000
Financial Costs	209 000	254 000	198 000	95 000
Financial Balance	−188 000	−251 000	−193 000	165 000
Dividends	0	0	0	0
Net Income	−866 000	−21 000	123 000	−176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	178 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 133 000	4 232 000	3 844 000	1 905 000
Total Tangible Assets	3 133 000	4 232 000	3 844 000	1 905 000
Total Fiancial Fixed Assets	165 000	223 000	0	0
Total Fixed Assets	3 475 000	4 456 000	3 844 000	1 905 000
Stock	237 000	288 000	118 000	280 000
Total Investments	0	0	0	0
Cash, Bank	868 000	1 299 000	1 547 000	566 000
Total Current Assets	2 978 000	6 469 000	5 308 000	2 396 000
Total Assets	6 454 000	10 925 000	9 152 000	4 300 000
Total Equity	−734 000	132 000	153 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 367 000	3 590 000	3 513 000	1 797 000
Creditors	1 768 000	3 350 000	2 046 000	950 000
Unpaid Taxes	1 754 000	2 084 000	2 088 000	941 000
Dividends	0	0	0	0
Other Current Debt	1 298 000	1 770 000	1 352 000	582 000
Total Current Debt	4 820 000	7 204 000	5 486 000	2 473 000
Total Equity and Debt	6 454 000	10 925 000	9 152 000	4 300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	117,98 %	−15,91 %	80,39 %	−586,67 %
Debt-to-Equity Ratio	−3,22	27,2	22,96	59,9
Operating Profit Margin	−4,16 %	0,88 %	1,6 %	−4,13 %
Current Ratio	0,62	0,9	0,97	0,97
Quick Ratio	0,65	0,94	0,99	1,09
Equity Ratio	−0,11	0,01	0,02	0,01
Gross Profit Margin	90,89 %	93,56 %	90,29 %	78,59 %