ARK TECHNIK AS

3277 STEINSHOLT

Finances

Return on Equity

−55,04 %

Current Ratio

0,45

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	321 000	536 000	549 000	394 000
Net Income	−983 000	−520 000	−125 000	−373 000
Total Assets	4 597 000	3 180 000	2 579 000	2 996 000
Total Equity	1 786 000	699 000	200 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	321 000	536 000	549 000	394 000
Expenditure	1 171 000	881 000	578 000	755 000
Operating Profit	−850 000	−345 000	−30 000	−360 000
Financial Income	0	0	0	0
Financial Costs	132 000	175 000	96 000	13 000
Financial Balance	−132 000	−175 000	−96 000	−13 000
Earnings Before Tax	−983 000	−520 000	−125 000	−373 000
Tax	0	0	0	0
Net Income	−983 000	−520 000	−125 000	−373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 332 000	2 650 000	2 287 000	1 648 000
Total Current Assets	265 000	530 000	291 000	1 348 000
Total Assets	4 597 000	3 180 000	2 579 000	2 996 000
Total Retained Equity	0	0	0	−373 000
Total Equity	1 786 000	699 000	200 000	101 000
Total Long-Term Debt	2 220 000	2 409 000	1 727 000	0
Total Current Debt	591 000	72 000	652 000	2 895 000
Total Equity and Debt	4 597 000	3 180 000	2 579 000	2 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	141 000	536 000	549 000	350 000
Other Income	180 000	0	0	45 000
Revenue	321 000	536 000	549 000	394 000
Cost of Goods Sold	39 000	112 000	35 000	210 000
Salary Costs	76 000	63 000	55 000	36 000
Depreciation	118 000	0	0	148 000
Impairment	0	0	0	0
Expenditure	1 171 000	881 000	578 000	755 000
Operating Profit	−850 000	−345 000	−30 000	−360 000
Financial Income	0	0	0	0
Financial Costs	132 000	175 000	96 000	13 000
Financial Balance	−132 000	−175 000	−96 000	−13 000
Dividends	0	0	0	0
Net Income	−983 000	−520 000	−125 000	−373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 500 000	1 900 000	640 000	440 000
Machinery and Plant Facilities	200 000	720 000	1 442 000	1 208 000
Fixtures	130 000	0	0	0
Total Tangible Assets	4 302 000	2 620 000	2 082 000	1 648 000
Total Fiancial Fixed Assets	30 000	30 000	205 000	0
Total Fixed Assets	4 332 000	2 650 000	2 287 000	1 648 000
Stock	100 000	100 000	100 000	0
Total Investments	0	0	0	0
Cash, Bank	−9 000	246 000	191 000	1 301 000
Total Current Assets	265 000	530 000	291 000	1 348 000
Total Assets	4 597 000	3 180 000	2 579 000	2 996 000
Total Equity	1 786 000	699 000	200 000	101 000
Short-Term Group Debt	0	0	5 000	102 000
Total Long-Term Debt	2 220 000	2 409 000	1 727 000	0
Creditors	635 000	58 000	49 000	95 000
Unpaid Taxes	−97 000	−18 000	−35 000	15 000
Dividends	0	0	0	0
Other Current Debt	53 000	32 000	−199 000	0
Total Current Debt	591 000	72 000	652 000	2 895 000
Total Equity and Debt	4 597 000	3 180 000	2 579 000	2 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,04 %	−74,39 %	−62,5 %	−369,31 %
Debt-to-Equity Ratio	1,24	3,45	8,64	0
Operating Profit Margin	−264,8 %	−64,37 %	−5,46 %	−91,37 %
Current Ratio	0,45	7,36	0,45	0,47
Quick Ratio	0,54	−18,93	0,53	0,47
Equity Ratio	0,39	0,22	0,08	0,03
Gross Profit Margin	87,85 %	79,1 %	93,62 %	46,7 %