ARK EIENDOM TELEMARK AS

3716 SKIEN

Finances

Return on Equity

193,35 %

Current Ratio

23,09

Debt-to-Equity Ratio

4,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 810 000	21 872 000	3 999 000	242 000
Net Income	2 529 000	1 300 000	−1 499 000	−1 554 000
Total Assets	7 007 000	17 235 000	17 136 000	18 558 000
Total Equity	1 308 000	−1 222 000	−2 522 000	−1 823 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 810 000	21 872 000	3 999 000	242 000
Expenditure	10 956 000	20 197 000	2 498 000	1 317 000
Operating Profit	2 853 000	1 675 000	−1 162 000	−1 075 000
Financial Income	0	0	0	8 000
Financial Costs	204 000	374 000	337 000	488 000
Financial Balance	−204 000	−374 000	−337 000	−480 000
Earnings Before Tax	2 649 000	1 300 000	−1 499 000	−1 554 000
Tax	120 000	0	0	0
Net Income	2 529 000	1 300 000	−1 499 000	−1 554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	565 000	409 000	18 418 000
Total Current Assets	6 927 000	16 670 000	16 727 000	139 000
Total Assets	7 007 000	17 235 000	17 136 000	18 558 000
Total Retained Equity	418 000	−2 112 000	−3 412 000	−1 913 000
Total Equity	1 308 000	−1 222 000	−2 522 000	−1 823 000
Total Long-Term Debt	5 398 000	15 203 000	18 488 000	20 152 000
Total Current Debt	300 000	3 254 000	1 170 000	229 000
Total Equity and Debt	7 007 000	17 235 000	17 136 000	18 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 810 000	21 837 000	3 610 000	242 000
Other Income	0	35 000	389 000	0
Revenue	13 810 000	21 872 000	3 999 000	242 000
Cost of Goods Sold	8 649 000	17 462 000	1 297 000	0
Salary Costs	1 152 000	1 376 000	488 000	852 000
Depreciation	485 000	60 000	60 000	123 000
Impairment	0	0	0	0
Expenditure	10 956 000	20 197 000	2 498 000	1 317 000
Operating Profit	2 853 000	1 675 000	−1 162 000	−1 075 000
Financial Income	0	0	0	8 000
Financial Costs	204 000	374 000	337 000	488 000
Financial Balance	−204 000	−374 000	−337 000	−480 000
Dividends	0	0	0	0
Net Income	2 529 000	1 300 000	−1 499 000	−1 554 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	18 010 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	485 000	409 000	408 000
Total Tangible Assets	0	485 000	409 000	18 418 000
Total Fiancial Fixed Assets	80 000	80 000	0	0
Total Fixed Assets	80 000	565 000	409 000	18 418 000
Stock	0	6 717 000	12 901 000	0
Total Investments	0	0	0	0
Cash, Bank	4 098 000	1 188 000	437 000	60 000
Total Current Assets	6 927 000	16 670 000	16 727 000	139 000
Total Assets	7 007 000	17 235 000	17 136 000	18 558 000
Total Equity	1 308 000	−1 222 000	−2 522 000	−1 823 000
Short-Term Group Debt	0	0	0	80 000
Total Long-Term Debt	5 398 000	15 203 000	18 488 000	20 152 000
Creditors	0	0	0	0
Unpaid Taxes	44 000	2 263 000	1 024 000	95 000
Dividends	0	0	0	0
Other Current Debt	136 000	990 000	146 000	54 000
Total Current Debt	300 000	3 254 000	1 170 000	229 000
Total Equity and Debt	7 007 000	17 235 000	17 136 000	18 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	193,35 %	−106,38 %	59,44 %	85,24 %
Debt-to-Equity Ratio	4,13	−12,44	−7,33	−11,05
Operating Profit Margin	20,66 %	7,66 %	−29,06 %	−444,21 %
Current Ratio	23,09	5,12	14,3	0,61
Quick Ratio	23,09	−4,81	−1,43	0,61
Equity Ratio	0,19	−0,07	−0,15	−0,1
Gross Profit Margin	37,37 %	20,16 %	67,57 %	100 %