ARVIN AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

10,95 %

Current Ratio

1,09

Debt-to-Equity Ratio

−2,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 716 000	1 552 000	1 305 000	1 232 000
Net Income	−52 000	−320 000	−162 000	19 000
Total Assets	794 000	858 000	1 161 000	1 449 000
Total Equity	−475 000	−423 000	−102 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 716 000	1 552 000	1 305 000	1 232 000
Expenditure	1 734 000	1 608 000	1 418 000	1 213 000
Operating Profit	−18 000	−56 000	−113 000	20 000
Financial Income	0	0	0	0
Financial Costs	49 000	65 000	55 000	1 000
Financial Balance	−49 000	−65 000	−55 000	−1 000
Earnings Before Tax	−67 000	−121 000	−168 000	19 000
Tax	−15 000	200 000	−6 000	0
Net Income	−52 000	−320 000	−162 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	499 000	599 000	846 000	964 000
Total Current Assets	295 000	259 000	315 000	485 000
Total Assets	794 000	858 000	1 161 000	1 449 000
Total Retained Equity	−505 000	−453 000	−132 000	30 000
Total Equity	−475 000	−423 000	−102 000	60 000
Total Long-Term Debt	998 000	1 058 000	1 051 000	1 202 000
Total Current Debt	271 000	222 000	212 000	187 000
Total Equity and Debt	794 000	858 000	1 161 000	1 449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 000	1 552 000	4 000	87 000
Other Income	1 686 000	0	1 302 000	1 145 000
Revenue	1 716 000	1 552 000	1 305 000	1 232 000
Cost of Goods Sold	36 000	15 000	0	0
Salary Costs	653 000	698 000	655 000	409 000
Depreciation	136 000	172 000	172 000	121 000
Impairment	0	0	0	0
Expenditure	1 734 000	1 608 000	1 418 000	1 213 000
Operating Profit	−18 000	−56 000	−113 000	20 000
Financial Income	0	0	0	0
Financial Costs	49 000	65 000	55 000	1 000
Financial Balance	−49 000	−65 000	−55 000	−1 000
Dividends	0	0	0	0
Net Income	−52 000	−320 000	−162 000	19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	62 000	41 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	432 000	569 000	741 000	913 000
Total Tangible Assets	432 000	569 000	741 000	913 000
Total Fiancial Fixed Assets	67 000	30 000	42 000	10 000
Total Fixed Assets	499 000	599 000	846 000	964 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	48 000	22 000	34 000	180 000
Total Current Assets	295 000	259 000	315 000	485 000
Total Assets	794 000	858 000	1 161 000	1 449 000
Total Equity	−475 000	−423 000	−102 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	998 000	1 058 000	1 051 000	1 202 000
Creditors	5 000	28 000	61 000	33 000
Unpaid Taxes	87 000	83 000	86 000	96 000
Dividends	0	0	0	0
Other Current Debt	164 000	99 000	65 000	89 000
Total Current Debt	271 000	222 000	212 000	187 000
Total Equity and Debt	794 000	858 000	1 161 000	1 449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,95 %	75,65 %	158,82 %	31,67 %
Debt-to-Equity Ratio	−2,1	−2,5	−10,3	20,03
Operating Profit Margin	−1,05 %	−3,61 %	−8,66 %	1,62 %
Current Ratio	1,09	1,17	1,49	2,59
Quick Ratio	1,09	1,17	1,49	2,59
Equity Ratio	−0,6	−0,49	−0,09	0,04
Gross Profit Margin	97,9 %	99,03 %	100 %	100 %