ARNEC AS

7016 TRONDHEIM

Finances

Return on Equity

19,74 %

Current Ratio

3,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	443 000	0	0	0
Net Income	538 000	4 000	906 000	−386 000
Total Assets	3 423 000	2 731 000	2 805 000	1 919 000
Total Equity	2 725 000	2 725 000	2 725 000	1 919 000

Income (NOK)	2022	2021	2020	2019
Revenue	443 000	0	0	0
Expenditure	44 000	20 000	25 000	388 000
Operating Profit	398 000	−20 000	−26 000	−388 000
Financial Income	291 000	26 000	1 005 000	2 000
Financial Costs	0	0	0	0
Financial Balance	291 000	26 000	1 005 000	2 000
Earnings Before Tax	689 000	6 000	980 000	−386 000
Tax	152 000	1 000	74 000	0
Net Income	538 000	4 000	906 000	−386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	687 000	385 000	109 000	11 000
Total Current Assets	2 736 000	2 346 000	2 696 000	1 908 000
Total Assets	3 423 000	2 731 000	2 805 000	1 919 000
Total Retained Equity	2 625 000	2 625 000	2 625 000	1 819 000
Total Equity	2 725 000	2 725 000	2 725 000	1 919 000
Total Long-Term Debt	6 000	0	0	0
Total Current Debt	692 000	6 000	80 000	0
Total Equity and Debt	3 423 000	2 731 000	2 805 000	1 919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	443 000	0	0	0
Revenue	443 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	2 000	2 000	3 000
Impairment	0	0	0	0
Expenditure	44 000	20 000	25 000	388 000
Operating Profit	398 000	−20 000	−26 000	−388 000
Financial Income	291 000	26 000	1 005 000	2 000
Financial Costs	0	0	0	0
Financial Balance	291 000	26 000	1 005 000	2 000
Dividends	0	0	0	0
Net Income	538 000	4 000	906 000	−386 000

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	11 000
Fixtures	5 000	7 000	9 000	0
Total Tangible Assets	5 000	7 000	9 000	11 000
Total Fiancial Fixed Assets	682 000	378 000	100 000	0
Total Fixed Assets	687 000	385 000	109 000	11 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 472 000	1 313 000	691 000	1 908 000
Total Current Assets	2 736 000	2 346 000	2 696 000	1 908 000
Total Assets	3 423 000	2 731 000	2 805 000	1 919 000
Total Equity	2 725 000	2 725 000	2 725 000	1 919 000
Short-Term Group Debt	689 000	6 000	0	0
Total Long-Term Debt	6 000	0	0	0
Creditors	3 000	0	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	692 000	6 000	80 000	0
Total Equity and Debt	3 423 000	2 731 000	2 805 000	1 919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,74 %	0,15 %	33,25 %	−20,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	89,84 %	-	-	-
Current Ratio	3,95	391	33,7	-
Quick Ratio	3,95	391	33,7	-
Equity Ratio	0,8	1	0,97	1
Gross Profit Margin	100 %	-	-	-