ARMSTAD AS

3152 TOLVSRØD

Finances

Return on Equity

103,95 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	83 000	0	0
Net Income	1 867 000	179 000	−14 000	62 000
Total Assets	1 937 000	88 000	40 000	114 000
Total Equity	1 796 000	69 000	40 000	114 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	83 000	0	0
Expenditure	1 000	0	0	2 000
Operating Profit	−1 000	82 000	0	−2 000
Financial Income	1 868 000	115 000	0	64 000
Financial Costs	0	0	0	0
Financial Balance	1 868 000	115 000	0	64 000
Earnings Before Tax	1 868 000	198 000	0	62 000
Tax	1 000	19 000	14 000	0
Net Income	1 867 000	179 000	−14 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 703 000	0	0	3 000
Total Current Assets	234 000	88 000	40 000	111 000
Total Assets	1 937 000	88 000	40 000	114 000
Total Retained Equity	1 766 000	29 000	0	0
Total Equity	1 796 000	69 000	40 000	114 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	141 000	19 000	0	0
Total Equity and Debt	1 937 000	88 000	40 000	114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	83 000	0	0
Other Income	0	0	0	0
Revenue	0	83 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 000	0	0	2 000
Operating Profit	−1 000	82 000	0	−2 000
Financial Income	1 868 000	115 000	0	64 000
Financial Costs	0	0	0	0
Financial Balance	1 868 000	115 000	0	64 000
Dividends	140 000	150 000	0	0
Net Income	1 867 000	179 000	−14 000	62 000

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	1 703 000	0	0	3 000
Total Fixed Assets	1 703 000	0	0	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	234 000	88 000	40 000	111 000
Total Current Assets	234 000	88 000	40 000	111 000
Total Assets	1 937 000	88 000	40 000	114 000
Total Equity	1 796 000	69 000	40 000	114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	140 000	150 000	0	0
Other Current Debt	140 000	0	0	0
Total Current Debt	141 000	19 000	0	0
Total Equity and Debt	1 937 000	88 000	40 000	114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,95 %	259,42 %	−35 %	54,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	98,8 %	-	-
Current Ratio	1,66	4,63	-	-
Quick Ratio	1,66	4,63	-	-
Equity Ratio	0,93	0,78	1	1
Gross Profit Margin	-	100 %	-	-