ARVE NILSSEN AS

7037 TRONDHEIM

Finances

Share Ownership

Return on Equity

13,99 %

Current Ratio

4,05

Debt-to-Equity Ratio

−1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	123 000	443 000	760 000
Net Income	−40 000	−133 000	−171 000	13 000
Total Assets	81 000	107 000	241 000	708 000
Total Equity	−286 000	−246 000	−113 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	123 000	443 000	760 000
Expenditure	135 000	255 000	620 000	739 000
Operating Profit	−35 000	−132 000	−178 000	21 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	2 000	3 000
Financial Balance	−4 000	−1 000	−2 000	−3 000
Earnings Before Tax	−40 000	−133 000	−180 000	18 000
Tax	0	0	−9 000	4 000
Net Income	−40 000	−133 000	−171 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	8 000	56 000	104 000
Total Current Assets	81 000	100 000	185 000	604 000
Total Assets	81 000	107 000	241 000	708 000
Total Retained Equity	−304 000	−265 000	−132 000	39 000
Total Equity	−286 000	−246 000	−113 000	58 000
Total Long-Term Debt	347 000	339 000	276 000	282 000
Total Current Debt	20 000	15 000	78 000	369 000
Total Equity and Debt	81 000	107 000	241 000	708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	86 000	411 000	760 000
Other Income	0	37 000	32 000	0
Revenue	100 000	123 000	443 000	760 000
Cost of Goods Sold	5 000	3 000	141 000	24 000
Salary Costs	5 000	6 000	335 000	491 000
Depreciation	8 000	48 000	48 000	48 000
Impairment	0	0	0	0
Expenditure	135 000	255 000	620 000	739 000
Operating Profit	−35 000	−132 000	−178 000	21 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	2 000	3 000
Financial Balance	−4 000	−1 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	−40 000	−133 000	−171 000	13 000

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	8 000	56 000	104 000
Total Tangible Assets	0	8 000	56 000	104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	8 000	56 000	104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	39 000	78 000	4 000	338 000
Total Current Assets	81 000	100 000	185 000	604 000
Total Assets	81 000	107 000	241 000	708 000
Total Equity	−286 000	−246 000	−113 000	58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	347 000	339 000	276 000	282 000
Creditors	12 000	3 000	6 000	1 000
Unpaid Taxes	8 000	12 000	19 000	80 000
Dividends	0	0	0	0
Other Current Debt	0	0	52 000	279 000
Total Current Debt	20 000	15 000	78 000	369 000
Total Equity and Debt	81 000	107 000	241 000	708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,99 %	54,07 %	151,33 %	22,41 %
Debt-to-Equity Ratio	−1,21	−1,38	−2,44	4,86
Operating Profit Margin	−35 %	−107,32 %	−40,18 %	2,76 %
Current Ratio	4,05	6,67	2,37	1,64
Quick Ratio	4,05	6,67	2,37	1,64
Equity Ratio	−3,53	−2,3	−0,47	0,08
Gross Profit Margin	95 %	97,56 %	68,17 %	96,84 %