ARETE CAPITAL

1170 OSLO

Finances

Return on Equity

14,73 %

Current Ratio

68,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	251 000	1 620 000	1 605 000	91 000
Total Assets	1 721 000	3 630 000	3 205 000	1 235 000
Total Equity	1 704 000	1 453 000	1 726 000	121 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	5 000	1 000	1 000	1 000
Operating Profit	−5 000	−1 000	−1 000	−1 000
Financial Income	1 067 000	2 968 000	1 615 000	96 000
Financial Costs	811 000	1 347 000	9 000	4 000
Financial Balance	256 000	1 621 000	1 606 000	92 000
Earnings Before Tax	251 000	1 620 000	1 605 000	91 000
Tax	0	0	0	0
Net Income	251 000	1 620 000	1 605 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	485 000	820 000	1 933 000	613 000
Total Current Assets	1 236 000	2 810 000	1 272 000	623 000
Total Assets	1 721 000	3 630 000	3 205 000	1 235 000
Total Retained Equity	1 674 000	1 423 000	1 696 000	91 000
Total Equity	1 704 000	1 453 000	1 726 000	121 000
Total Long-Term Debt	0	984 000	1 479 000	1 114 000
Total Current Debt	18 000	1 194 000	0	0
Total Equity and Debt	1 721 000	3 630 000	3 205 000	1 235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	1 000	1 000	1 000
Operating Profit	−5 000	−1 000	−1 000	−1 000
Financial Income	1 067 000	2 968 000	1 615 000	96 000
Financial Costs	811 000	1 347 000	9 000	4 000
Financial Balance	256 000	1 621 000	1 606 000	92 000
Dividends	0	1 894 000	0	0
Net Income	251 000	1 620 000	1 605 000	91 000

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	485 000	820 000	1 933 000	613 000
Total Fixed Assets	485 000	820 000	1 933 000	613 000
Stock	0	0	0	0
Total Investments	373 000	1 613 000	1 255 000	587 000
Cash, Bank	863 000	1 198 000	17 000	35 000
Total Current Assets	1 236 000	2 810 000	1 272 000	623 000
Total Assets	1 721 000	3 630 000	3 205 000	1 235 000
Total Equity	1 704 000	1 453 000	1 726 000	121 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	984 000	1 479 000	1 114 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	1 894 000	0	0
Other Current Debt	18 000	0	0	0
Total Current Debt	18 000	1 194 000	0	0
Total Equity and Debt	1 721 000	3 630 000	3 205 000	1 235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,73 %	111,49 %	92,99 %	75,21 %
Debt-to-Equity Ratio	0	0,68	0,86	9,21
Operating Profit Margin	-	-	-	-
Current Ratio	68,67	2,35	-	-
Quick Ratio	68,67	2,35	-	-
Equity Ratio	0,99	0,4	0,54	0,1
Gross Profit Margin	-	-	-	-