ARISE RECYCLING AS

5309 KLEPPESTØ

Finances

Share Ownership

Return on Equity

15,51 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,57

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 710 000	0	1 150 000	250 000
Net Income	−655 000	−3 390 000	−2 739 000	−3 239 000
Total Assets	663 000	895 000	2 587 000	2 767 000
Total Equity	−4 222 000	−3 567 000	−177 000	2 562 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 710 000	0	1 150 000	250 000
Expenditure	4 110 000	3 268 000	3 857 000	3 520 000
Operating Profit	−399 000	−3 268 000	−2 708 000	−3 271 000
Financial Income	2 000	6 000	8 000	32 000
Financial Costs	258 000	128 000	39 000	0
Financial Balance	−256 000	−122 000	−31 000	32 000
Earnings Before Tax	−655 000	−3 390 000	−2 739 000	−3 239 000
Tax	0	0	0	0
Net Income	−655 000	−3 390 000	−2 739 000	−3 239 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	150 000	150 000	150 000	0
Total Current Assets	513 000	745 000	2 437 000	2 767 000
Total Assets	663 000	895 000	2 587 000	2 767 000
Total Retained Equity	−11 854 000	−11 199 000	−7 810 000	−5 071 000
Total Equity	−4 222 000	−3 567 000	−177 000	2 562 000
Total Long-Term Debt	2 422 000	3 205 000	1 779 000	0
Total Current Debt	2 462 000	1 257 000	984 000	206 000
Total Equity and Debt	663 000	895 000	2 587 000	2 767 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 710 000	0	0	250 000
Other Income	0	0	1 150 000	0
Revenue	3 710 000	0	1 150 000	250 000
Cost of Goods Sold	360 000	1 178 000	2 951 000	2 882 000
Salary Costs	3 097 000	1 320 000	17 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 110 000	3 268 000	3 857 000	3 520 000
Operating Profit	−399 000	−3 268 000	−2 708 000	−3 271 000
Financial Income	2 000	6 000	8 000	32 000
Financial Costs	258 000	128 000	39 000	0
Financial Balance	−256 000	−122 000	−31 000	32 000
Dividends	0	0	0	0
Net Income	−655 000	−3 390 000	−2 739 000	−3 239 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	150 000	150 000	150 000	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	150 000	150 000	150 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	282 000	62 000	980 000	1 668 000
Total Current Assets	513 000	745 000	2 437 000	2 767 000
Total Assets	663 000	895 000	2 587 000	2 767 000
Total Equity	−4 222 000	−3 567 000	−177 000	2 562 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 422 000	3 205 000	1 779 000	0
Creditors	97 000	0	950 000	24 000
Unpaid Taxes	381 000	3 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 985 000	1 253 000	34 000	182 000
Total Current Debt	2 462 000	1 257 000	984 000	206 000
Total Equity and Debt	663 000	895 000	2 587 000	2 767 000

Financial indicators	2021	2020	2019	2018
Return on Equity	15,51 %	95,04 %	1 547,46 %	−126,42 %
Debt-to-Equity Ratio	−0,57	−0,9	−10,05	0
Operating Profit Margin	−10,75 %	-	−235,48 %	−1 308,4 %
Current Ratio	0,21	0,59	2,48	13,43
Quick Ratio	0,21	0,59	2,48	13,43
Equity Ratio	−6,37	−3,99	−0,07	0,93
Gross Profit Margin	90,3 %	-	−156,61 %	−1 052,8 %