ARMADA ENTERPRISES AS

0577 OSLO

Finances

Share Ownership

Return on Equity

9,3 %

Current Ratio

7,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 637 000	4 692 000	2 440 000	1 609 000
Net Income	394 000	444 000	312 000	74 000
Total Assets	4 881 000	4 827 000	4 743 000	4 462 000
Total Equity	4 236 000	4 349 000	4 254 000	4 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 637 000	4 692 000	2 440 000	1 609 000
Expenditure	4 117 000	4 117 000	1 937 000	1 516 000
Operating Profit	520 000	574 000	502 000	94 000
Financial Income	2 000	2 000	12 000	4 000
Financial Costs	13 000	6 000	112 000	1 000
Financial Balance	−11 000	−4 000	−100 000	3 000
Earnings Before Tax	509 000	570 000	402 000	96 000
Tax	115 000	127 000	90 000	22 000
Net Income	394 000	444 000	312 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 881 000	4 827 000	4 743 000	4 462 000
Total Assets	4 881 000	4 827 000	4 743 000	4 462 000
Total Retained Equity	181 000	294 000	199 000	235 000
Total Equity	4 236 000	4 349 000	4 254 000	4 290 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	645 000	477 000	489 000	172 000
Total Equity and Debt	4 881 000	4 827 000	4 743 000	4 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 637 000	4 692 000	2 440 000	1 609 000
Other Income	0	0	0	0
Revenue	4 637 000	4 692 000	2 440 000	1 609 000
Cost of Goods Sold	3 102 000	3 358 000	1 387 000	1 150 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 117 000	4 117 000	1 937 000	1 516 000
Operating Profit	520 000	574 000	502 000	94 000
Financial Income	2 000	2 000	12 000	4 000
Financial Costs	13 000	6 000	112 000	1 000
Financial Balance	−11 000	−4 000	−100 000	3 000
Dividends	508 000	348 000	348 000	0
Net Income	394 000	444 000	312 000	74 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	4 595 000	3 811 000	4 067 000	2 445 000
Total Investments	0	0	0	0
Cash, Bank	141 000	521 000	559 000	1 898 000
Total Current Assets	4 881 000	4 827 000	4 743 000	4 462 000
Total Assets	4 881 000	4 827 000	4 743 000	4 462 000
Total Equity	4 236 000	4 349 000	4 254 000	4 290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	2 000	37 000	149 000
Unpaid Taxes	0	0	0	0
Dividends	508 000	348 000	348 000	0
Other Current Debt	15 000	0	14 000	0
Total Current Debt	645 000	477 000	489 000	172 000
Total Equity and Debt	4 881 000	4 827 000	4 743 000	4 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,3 %	10,21 %	7,33 %	1,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,21 %	12,23 %	20,57 %	5,84 %
Current Ratio	7,57	10,12	9,7	25,94
Quick Ratio	−1,24	−1,45	−1,33	−1,96
Equity Ratio	0,87	0,9	0,9	0,96
Gross Profit Margin	33,1 %	28,43 %	43,16 %	28,53 %