ARDA ENERGY AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

−1 166,88 %

Current Ratio

0,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 314 000	12 361 000	5 705 000	2 501 000
Net Income	−3 734 000	953 000	217 000	35 000
Total Assets	9 120 000	7 085 000	6 354 000	895 000
Total Equity	320 000	4 054 000	3 100 000	83 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 314 000	12 361 000	5 705 000	2 501 000
Expenditure	12 485 000	11 786 000	5 427 000	2 454 000
Operating Profit	−5 171 000	575 000	277 000	47 000
Financial Income	13 000	11 000	1 000	0
Financial Costs	236 000	58 000	0	2 000
Financial Balance	−223 000	−47 000	1 000	−2 000
Earnings Before Tax	−5 394 000	528 000	278 000	44 000
Tax	−1 660 000	−425 000	61 000	10 000
Net Income	−3 734 000	953 000	217 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 490 000	456 000	27 000	99 000
Total Current Assets	2 630 000	6 630 000	6 328 000	796 000
Total Assets	9 120 000	7 085 000	6 354 000	895 000
Total Retained Equity	−55 000	954 000	0	−207 000
Total Equity	320 000	4 054 000	3 100 000	83 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 800 000	3 032 000	3 254 000	811 000
Total Equity and Debt	9 120 000	7 085 000	6 354 000	895 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 206 000	4 484 000	2 631 000	2 501 000
Other Income	2 108 000	7 877 000	3 074 000	0
Revenue	7 314 000	12 361 000	5 705 000	2 501 000
Cost of Goods Sold	3 739 000	6 412 000	0	23 000
Salary Costs	2 888 000	2 445 000	3 103 000	1 802 000
Depreciation	26 000	17 000	33 000	27 000
Impairment	0	0	0	0
Expenditure	12 485 000	11 786 000	5 427 000	2 454 000
Operating Profit	−5 171 000	575 000	277 000	47 000
Financial Income	13 000	11 000	1 000	0
Financial Costs	236 000	58 000	0	2 000
Financial Balance	−223 000	−47 000	1 000	−2 000
Dividends	0	0	0	0
Net Income	−3 734 000	953 000	217 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 490 000	430 000	4 000	61 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	26 000	22 000	38 000
Total Tangible Assets	0	26 000	22 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 490 000	456 000	27 000	99 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	323 000	4 474 000	307 000
Total Current Assets	2 630 000	6 630 000	6 328 000	796 000
Total Assets	9 120 000	7 085 000	6 354 000	895 000
Total Equity	320 000	4 054 000	3 100 000	83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	272 000	1 411 000	253 000	88 000
Unpaid Taxes	247 000	193 000	248 000	457 000
Dividends	0	0	0	0
Other Current Debt	483 000	395 000	2 748 000	266 000
Total Current Debt	8 800 000	3 032 000	3 254 000	811 000
Total Equity and Debt	9 120 000	7 085 000	6 354 000	895 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 166,88 %	23,51 %	7 %	42,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−70,7 %	4,65 %	4,86 %	1,88 %
Current Ratio	0,3	2,19	1,94	0,98
Quick Ratio	0,3	2,19	1,94	0,98
Equity Ratio	0,04	0,57	0,49	0,09
Gross Profit Margin	48,88 %	48,13 %	100 %	99,08 %