AARUMS TOWING SERVICE AS

1788 HALDEN

Finances

Share Ownership

Return on Equity

87,33 %

Current Ratio

0,36

Debt-to-Equity Ratio

−0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 454 000	1 524 000	698 000	888 000
Net Income	−379 000	−22 000	−97 000	78 000
Total Assets	968 000	864 000	378 000	492 000
Total Equity	−434 000	−56 000	−34 000	63 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 454 000	1 524 000	698 000	888 000
Expenditure	4 825 000	1 535 000	805 000	802 000
Operating Profit	−371 000	−12 000	−106 000	87 000
Financial Income	1 000	0	0	1 000
Financial Costs	8 000	11 000	0	0
Financial Balance	−7 000	−11 000	0	1 000
Earnings Before Tax	−379 000	−22 000	−106 000	87 000
Tax	0	0	−9 000	9 000
Net Income	−379 000	−22 000	−97 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	501 000	467 000	202 000	283 000
Total Current Assets	467 000	397 000	176 000	209 000
Total Assets	968 000	864 000	378 000	492 000
Total Retained Equity	−459 000	−80 000	−58 000	39 000
Total Equity	−434 000	−56 000	−34 000	63 000
Total Long-Term Debt	106 000	191 000	0	9 000
Total Current Debt	1 296 000	729 000	411 000	420 000
Total Equity and Debt	968 000	864 000	378 000	492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 448 000	1 473 000	683 000	846 000
Other Income	6 000	51 000	15 000	41 000
Revenue	4 454 000	1 524 000	698 000	888 000
Cost of Goods Sold	267 000	207 000	103 000	126 000
Salary Costs	1 687 000	236 000	50 000	37 000
Depreciation	117 000	92 000	81 000	79 000
Impairment	0	37 000	0	0
Expenditure	4 825 000	1 535 000	805 000	802 000
Operating Profit	−371 000	−12 000	−106 000	87 000
Financial Income	1 000	0	0	1 000
Financial Costs	8 000	11 000	0	0
Financial Balance	−7 000	−11 000	0	1 000
Dividends	0	0	0	0
Net Income	−379 000	−22 000	−97 000	78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 000	8 000	13 000	18 000
Machinery and Plant Facilities	306 000	299 000	144 000	192 000
Fixtures	191 000	160 000	45 000	73 000
Total Tangible Assets	501 000	467 000	202 000	283 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	501 000	467 000	202 000	283 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	74 000	72 000	52 000
Total Current Assets	467 000	397 000	176 000	209 000
Total Assets	968 000	864 000	378 000	492 000
Total Equity	−434 000	−56 000	−34 000	63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	106 000	191 000	0	9 000
Creditors	262 000	168 000	4 000	−5 000
Unpaid Taxes	188 000	92 000	5 000	25 000
Dividends	0	0	0	0
Other Current Debt	847 000	468 000	402 000	400 000
Total Current Debt	1 296 000	729 000	411 000	420 000
Total Equity and Debt	968 000	864 000	378 000	492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,33 %	39,29 %	285,29 %	123,81 %
Debt-to-Equity Ratio	−0,24	−3,41	−0	0,14
Operating Profit Margin	−8,33 %	−0,79 %	−15,19 %	9,8 %
Current Ratio	0,36	0,54	0,43	0,5
Quick Ratio	0,36	0,54	0,43	0,5
Equity Ratio	−0,45	−0,06	−0,09	0,13
Gross Profit Margin	94,01 %	86,42 %	85,24 %	85,81 %