ARENICS AS

1605 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−14,29 %

Current Ratio

1,16

Debt-to-Equity Ratio

−0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	411 000	120 000	157 000	35 000
Net Income	−19 000	46 000	63 000	−1 000
Total Assets	29 000	63 000	17 000	42 000
Total Equity	133 000	152 000	31 000	42 000

Income (NOK)	2022	2021	2020	2019
Revenue	411 000	120 000	157 000	35 000
Expenditure	415 000	74 000	94 000	35 000
Operating Profit	−3 000	46 000	63 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−4 000	46 000	63 000	−1 000
Tax	15 000	0	0	0
Net Income	−19 000	46 000	63 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	73 000	−28 000	31 000
Total Current Assets	−59 000	−10 000	45 000	12 000
Total Assets	29 000	63 000	17 000	42 000
Total Retained Equity	133 000	0	0	0
Total Equity	133 000	152 000	31 000	42 000
Total Long-Term Debt	−53 000	−53 000	−25 000	0
Total Current Debt	−51 000	−37 000	11 000	0
Total Equity and Debt	29 000	63 000	17 000	42 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	411 000	46 000	157 000	35 000
Other Income	0	74 000	0	0
Revenue	411 000	120 000	157 000	35 000
Cost of Goods Sold	149 000	1 000	18 000	12 000
Salary Costs	13 000	5 000	0	0
Depreciation	0	0	0	4 000
Impairment	0	0	0	0
Expenditure	415 000	74 000	94 000	35 000
Operating Profit	−3 000	46 000	63 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−19 000	46 000	63 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	7 000
Total Intangible Assets	34 000	19 000	−67 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	54 000	39 000	8 000
Total Tangible Assets	54 000	54 000	39 000	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	88 000	73 000	−28 000	31 000
Stock	−3 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 000	−10 000	44 000	12 000
Total Current Assets	−59 000	−10 000	45 000	12 000
Total Assets	29 000	63 000	17 000	42 000
Total Equity	133 000	152 000	31 000	42 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−53 000	−53 000	−25 000	0
Creditors	8 000	11 000	9 000	0
Unpaid Taxes	−23 000	−20 000	−9 000	0
Dividends	0	0	0	0
Other Current Debt	−1 000	−1 000	−1 000	0
Total Current Debt	−51 000	−37 000	11 000	0
Total Equity and Debt	29 000	63 000	17 000	42 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,29 %	30,26 %	203,23 %	−2,38 %
Debt-to-Equity Ratio	−0,4	−0,35	−0,81	0
Operating Profit Margin	−0,73 %	38,33 %	40,13 %	−2,86 %
Current Ratio	1,16	0,27	4,09	-
Quick Ratio	1,23	0,27	4,09	-
Equity Ratio	4,59	2,41	1,82	1
Gross Profit Margin	63,75 %	99,17 %	88,54 %	65,71 %