ARARAT RESTAURANT BAR AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

1 850 %

Current Ratio

0,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 988 000	3 912 000	4 587 000	3 790 000
Net Income	370 000	−788 000	−86 000	160 000
Total Assets	1 107 000	931 000	1 588 000	886 000
Total Equity	20 000	−351 000	437 000	523 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 988 000	3 912 000	4 587 000	3 790 000
Expenditure	4 791 000	4 692 000	4 671 000	3 630 000
Operating Profit	196 000	−779 000	−84 000	163 000
Financial Income	0	0	0	0
Financial Costs	3 000	8 000	2 000	3 000
Financial Balance	−3 000	−8 000	−2 000	−3 000
Earnings Before Tax	193 000	−788 000	−86 000	160 000
Tax	−177 000	0	0	0
Net Income	370 000	−788 000	−86 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	325 000	224 000	198 000	200 000
Total Current Assets	782 000	707 000	1 391 000	686 000
Total Assets	1 107 000	931 000	1 588 000	886 000
Total Retained Equity	−10 000	−381 000	407 000	493 000
Total Equity	20 000	−351 000	437 000	523 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 087 000	1 282 000	1 151 000	363 000
Total Equity and Debt	1 107 000	931 000	1 588 000	886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 988 000	3 875 000	4 570 000	3 790 000
Other Income	0	37 000	17 000	0
Revenue	4 988 000	3 912 000	4 587 000	3 790 000
Cost of Goods Sold	1 470 000	1 356 000	1 260 000	1 172 000
Salary Costs	2 516 000	2 545 000	2 447 000	1 844 000
Depreciation	76 000	50 000	43 000	51 000
Impairment	0	0	0	0
Expenditure	4 791 000	4 692 000	4 671 000	3 630 000
Operating Profit	196 000	−779 000	−84 000	163 000
Financial Income	0	0	0	0
Financial Costs	3 000	8 000	2 000	3 000
Financial Balance	−3 000	−8 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	370 000	−788 000	−86 000	160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	177 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 000	0	0	184 000
Fixtures	139 000	224 000	198 000	16 000
Total Tangible Assets	148 000	224 000	198 000	200 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	325 000	224 000	198 000	200 000
Stock	43 000	27 000	27 000	32 000
Total Investments	0	0	0	0
Cash, Bank	830 000	537 000	808 000	566 000
Total Current Assets	782 000	707 000	1 391 000	686 000
Total Assets	1 107 000	931 000	1 588 000	886 000
Total Equity	20 000	−351 000	437 000	523 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	2 000	34 000	0
Unpaid Taxes	266 000	441 000	513 000	86 000
Dividends	0	0	0	0
Other Current Debt	757 000	838 000	604 000	277 000
Total Current Debt	1 087 000	1 282 000	1 151 000	363 000
Total Equity and Debt	1 107 000	931 000	1 588 000	886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 850 %	224,5 %	−19,68 %	30,59 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	3,93 %	−19,91 %	−1,83 %	4,3 %
Current Ratio	0,72	0,55	1,21	1,89
Quick Ratio	0,75	0,56	1,24	2,07
Equity Ratio	0,02	−0,38	0,28	0,59
Gross Profit Margin	70,53 %	65,34 %	72,53 %	69,08 %