AARESTAD MASKINERING AS

4110 FORSAND

Finances

Share Ownership

Return on Equity

−23,83 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	124 000	500 000	472 000	622 000
Net Income	−56 000	−74 000	−148 000	127 000
Total Assets	338 000	470 000	527 000	648 000
Total Equity	235 000	291 000	364 000	513 000

Income (NOK)	2022	2021	2020	2019
Revenue	124 000	500 000	472 000	622 000
Expenditure	180 000	591 000	631 000	459 000
Operating Profit	−56 000	−93 000	−159 000	164 000
Financial Income	0	1 000	0	0
Financial Costs	0	3 000	0	0
Financial Balance	0	−2 000	0	0
Earnings Before Tax	−56 000	−94 000	−158 000	164 000
Tax	0	−21 000	−10 000	36 000
Net Income	−56 000	−74 000	−148 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	217 000	274 000	291 000	382 000
Total Current Assets	121 000	197 000	237 000	266 000
Total Assets	338 000	470 000	527 000	648 000
Total Retained Equity	5 000	61 000	134 000	283 000
Total Equity	235 000	291 000	364 000	513 000
Total Long-Term Debt	0	0	0	10 000
Total Current Debt	103 000	179 000	163 000	125 000
Total Equity and Debt	338 000	470 000	527 000	648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	124 000	500 000	472 000	622 000
Other Income	0	0	0	0
Revenue	124 000	500 000	472 000	622 000
Cost of Goods Sold	17 000	30 000	21 000	78 000
Salary Costs	75 000	417 000	371 000	63 000
Depreciation	57 000	42 000	111 000	84 000
Impairment	0	0	0	0
Expenditure	180 000	591 000	631 000	459 000
Operating Profit	−56 000	−93 000	−159 000	164 000
Financial Income	0	1 000	0	0
Financial Costs	0	3 000	0	0
Financial Balance	0	−2 000	0	0
Dividends	0	0	0	0
Net Income	−56 000	−74 000	−148 000	127 000

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	217 000	274 000	291 000	382 000
Total Tangible Assets	217 000	274 000	291 000	382 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	217 000	274 000	291 000	382 000
Stock	15 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	77 000	129 000	100 000	130 000
Total Current Assets	121 000	197 000	237 000	266 000
Total Assets	338 000	470 000	527 000	648 000
Total Equity	235 000	291 000	364 000	513 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	10 000
Creditors	17 000	6 000	40 000	3 000
Unpaid Taxes	35 000	139 000	93 000	51 000
Dividends	0	0	0	0
Other Current Debt	51 000	34 000	30 000	35 000
Total Current Debt	103 000	179 000	163 000	125 000
Total Equity and Debt	338 000	470 000	527 000	648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,83 %	−25,43 %	−40,66 %	24,76 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	−45,16 %	−18,6 %	−33,69 %	26,37 %
Current Ratio	1,17	1,1	1,45	2,13
Quick Ratio	1,38	1,1	1,45	2,13
Equity Ratio	0,7	0,62	0,69	0,79
Gross Profit Margin	86,29 %	94 %	95,55 %	87,46 %