ARCO VEST AS

6856 SOGNDAL

Finances

Return on Equity

−35,27 %

Current Ratio

6,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	571 000	808 000	200 000	1 730 000
Net Income	−818 000	−98 000	3 135 000	309 000
Total Assets	2 545 000	3 369 000	5 421 000	2 414 000
Total Equity	2 319 000	3 137 000	5 235 000	2 099 000

Income (NOK)	2022	2021	2020	2019
Revenue	571 000	808 000	200 000	1 730 000
Expenditure	1 238 000	1 258 000	1 308 000	1 376 000
Operating Profit	−667 000	−450 000	−1 108 000	354 000
Financial Income	22 000	352 000	4 034 000	44 000
Financial Costs	173 000	0	0	1 000
Financial Balance	−151 000	352 000	4 034 000	43 000
Earnings Before Tax	−818 000	−98 000	2 925 000	397 000
Tax	0	0	−210 000	87 000
Net Income	−818 000	−98 000	3 135 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 187 000	165 000	665 000	1 445 000
Total Current Assets	1 358 000	3 204 000	4 756 000	970 000
Total Assets	2 545 000	3 369 000	5 421 000	2 414 000
Total Retained Equity	2 119 000	2 937 000	5 035 000	1 899 000
Total Equity	2 319 000	3 137 000	5 235 000	2 099 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	226 000	233 000	187 000	315 000
Total Equity and Debt	2 545 000	3 369 000	5 421 000	2 414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	571 000	808 000	200 000	1 730 000
Other Income	0	0	0	0
Revenue	571 000	808 000	200 000	1 730 000
Cost of Goods Sold	0	0	0	0
Salary Costs	994 000	996 000	994 000	1 015 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 238 000	1 258 000	1 308 000	1 376 000
Operating Profit	−667 000	−450 000	−1 108 000	354 000
Financial Income	22 000	352 000	4 034 000	44 000
Financial Costs	173 000	0	0	1 000
Financial Balance	−151 000	352 000	4 034 000	43 000
Dividends	0	2 000 000	0	0
Net Income	−818 000	−98 000	3 135 000	309 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 187 000	165 000	665 000	1 445 000
Total Fixed Assets	1 187 000	165 000	665 000	1 445 000
Stock	0	0	0	0
Total Investments	319 000	1 416 000	0	0
Cash, Bank	66 000	1 258 000	4 540 000	720 000
Total Current Assets	1 358 000	3 204 000	4 756 000	970 000
Total Assets	2 545 000	3 369 000	5 421 000	2 414 000
Total Equity	2 319 000	3 137 000	5 235 000	2 099 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	8 000	15 000	12 000
Unpaid Taxes	108 000	110 000	57 000	100 000
Dividends	0	2 000 000	0	0
Other Current Debt	116 000	115 000	114 000	116 000
Total Current Debt	226 000	233 000	187 000	315 000
Total Equity and Debt	2 545 000	3 369 000	5 421 000	2 414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,27 %	−3,12 %	59,89 %	14,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−116,81 %	−55,69 %	−554 %	20,46 %
Current Ratio	6,01	13,75	25,43	3,08
Quick Ratio	6,01	13,75	25,43	3,08
Equity Ratio	0,91	0,93	0,97	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %