AR SHIPPING AS

6522 FREI

Finances

Return on Equity

−7,14 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 210 000	973 000	425 000	672 000
Net Income	−38 000	184 000	−48 000	−6 000
Total Assets	1 114 000	771 000	548 000	497 000
Total Equity	532 000	570 000	386 000	434 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 210 000	973 000	425 000	672 000
Expenditure	1 261 000	738 000	488 000	689 000
Operating Profit	−50 000	234 000	−63 000	−18 000
Financial Income	1 000	1 000	1 000	14 000
Financial Costs	0	0	0	3 000
Financial Balance	1 000	1 000	1 000	11 000
Earnings Before Tax	−48 000	235 000	−62 000	−8 000
Tax	−11 000	52 000	−14 000	−2 000
Net Income	−38 000	184 000	−48 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	510 000	544 000	369 000	386 000
Total Current Assets	603 000	226 000	179 000	111 000
Total Assets	1 114 000	771 000	548 000	497 000
Total Retained Equity	382 000	420 000	236 000	284 000
Total Equity	532 000	570 000	386 000	434 000
Total Long-Term Debt	10 000	21 000	0	10 000
Total Current Debt	571 000	180 000	162 000	52 000
Total Equity and Debt	1 114 000	771 000	548 000	497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 210 000	973 000	425 000	672 000
Other Income	0	0	0	0
Revenue	1 210 000	973 000	425 000	672 000
Cost of Goods Sold	107 000	21 000	20 000	315 000
Salary Costs	665 000	338 000	0	0
Depreciation	34 000	28 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	1 261 000	738 000	488 000	689 000
Operating Profit	−50 000	234 000	−63 000	−18 000
Financial Income	1 000	1 000	1 000	14 000
Financial Costs	0	0	0	3 000
Financial Balance	1 000	1 000	1 000	11 000
Dividends	0	0	0	0
Net Income	−38 000	184 000	−48 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	6 000	9 000	12 000
Total Tangible Assets	360 000	394 000	216 000	236 000
Total Fiancial Fixed Assets	150 000	150 000	150 000	150 000
Total Fixed Assets	510 000	544 000	369 000	386 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	603 000	92 000	160 000	111 000
Total Current Assets	603 000	226 000	179 000	111 000
Total Assets	1 114 000	771 000	548 000	497 000
Total Equity	532 000	570 000	386 000	434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	21 000	0	10 000
Creditors	20 000	48 000	162 000	34 000
Unpaid Taxes	489 000	73 000	0	19 000
Dividends	0	0	0	0
Other Current Debt	62 000	31 000	0	0
Total Current Debt	571 000	180 000	162 000	52 000
Total Equity and Debt	1 114 000	771 000	548 000	497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,14 %	32,28 %	−12,44 %	−1,38 %
Debt-to-Equity Ratio	0,02	0,04	0	0,02
Operating Profit Margin	−4,13 %	24,05 %	−14,82 %	−2,68 %
Current Ratio	1,06	1,26	1,1	2,13
Quick Ratio	1,06	1,26	1,1	2,13
Equity Ratio	0,48	0,74	0,7	0,87
Gross Profit Margin	91,16 %	97,84 %	95,29 %	53,13 %