ÅRNES KVARTALET AS

2053 JESSHEIM

Finances

Return on Equity

126,98 %

Current Ratio

0,92

Debt-to-Equity Ratio

3,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 819 000	170 100 000	37 000	0
Net Income	6 886 000	10 947 000	−627 000	−140 000
Total Assets	67 943 000	85 698 000	244 728 000	94 174 000
Total Equity	5 423 000	156 000	−5 581 000	−4 954 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 819 000	170 100 000	37 000	0
Expenditure	23 533 000	154 519 000	112 000	140 000
Operating Profit	8 285 000	15 581 000	−75 000	−140 000
Financial Income	204 000	0	1 000	1 000
Financial Costs	1 147 000	804 000	552 000	0
Financial Balance	−943 000	−804 000	−551 000	1 000
Earnings Before Tax	7 343 000	14 777 000	−627 000	−140 000
Tax	457 000	3 829 000	0	0
Net Income	6 886 000	10 947 000	−627 000	−140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 609 000	33 334 000	82 569 000	27 335 000
Total Current Assets	40 333 000	52 363 000	162 159 000	66 839 000
Total Assets	67 943 000	85 698 000	244 728 000	94 174 000
Total Retained Equity	5 393 000	126 000	−5 611 000	−4 984 000
Total Equity	5 423 000	156 000	−5 581 000	−4 954 000
Total Long-Term Debt	18 678 000	18 091 000	17 485 000	18 117 000
Total Current Debt	43 841 000	67 451 000	232 823 000	81 010 000
Total Equity and Debt	67 943 000	85 698 000	244 728 000	94 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 634 000	170 100 000	37 000	0
Other Income	1 185 000	0	0	0
Revenue	31 819 000	170 100 000	37 000	0
Cost of Goods Sold	24 381 000	145 076 000	13 000	0
Salary Costs	0	0	0	0
Depreciation	34 000	34 000	0	0
Impairment	0	0	0	0
Expenditure	23 533 000	154 519 000	112 000	140 000
Operating Profit	8 285 000	15 581 000	−75 000	−140 000
Financial Income	204 000	0	1 000	1 000
Financial Costs	1 147 000	804 000	552 000	0
Financial Balance	−943 000	−804 000	−551 000	1 000
Dividends	0	0	0	0
Net Income	6 886 000	10 947 000	−627 000	−140 000

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	103 000	137 000	0	0
Fixtures	0	0	171 000	163 000
Total Tangible Assets	103 000	137 000	171 000	163 000
Total Fiancial Fixed Assets	27 507 000	33 197 000	82 398 000	27 172 000
Total Fixed Assets	27 609 000	33 334 000	82 569 000	27 335 000
Stock	29 578 000	52 134 000	159 668 000	65 614 000
Total Investments	0	0	0	0
Cash, Bank	9 232 000	0	2 454 000	1 225 000
Total Current Assets	40 333 000	52 363 000	162 159 000	66 839 000
Total Assets	67 943 000	85 698 000	244 728 000	94 174 000
Total Equity	5 423 000	156 000	−5 581 000	−4 954 000
Short-Term Group Debt	2 076 000	6 680 000	0	0
Total Long-Term Debt	18 678 000	18 091 000	17 485 000	18 117 000
Creditors	38 752 000	31 871 000	8 167 000	5 373 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 013 000	10 435 000	30 000	354 000
Total Current Debt	43 841 000	67 451 000	232 823 000	81 010 000
Total Equity and Debt	67 943 000	85 698 000	244 728 000	94 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	126,98 %	7 017,31 %	11,23 %	2,83 %
Debt-to-Equity Ratio	3,44	115,97	−3,13	−3,66
Operating Profit Margin	26,04 %	9,16 %	−202,7 %	-
Current Ratio	0,92	0,78	0,7	0,83
Quick Ratio	2,83	3,42	2,22	4,34
Equity Ratio	0,08	0	−0,02	−0,05
Gross Profit Margin	23,38 %	14,71 %	64,86 %	-