ARENDAL SPIRIT AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

99,53 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	324 634 000	5 155 000	0	0
Net Income	25 397 000	90 000	−15 000	−19 000
Total Assets	82 532 000	7 359 000	44 000	30 000
Total Equity	25 517 000	120 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	324 634 000	5 155 000	0	0
Expenditure	152 621 000	4 953 000	19 000	25 000
Operating Profit	34 204 000	202 000	−19 000	−25 000
Financial Income	130 000	0	0	0
Financial Costs	1 774 000	87 000	0	0
Financial Balance	−1 644 000	−87 000	0	0
Earnings Before Tax	32 560 000	116 000	−19 000	−24 000
Tax	7 163 000	25 000	−4 000	−5 000
Net Income	25 397 000	90 000	−15 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	82 532 000	7 359 000	44 000	30 000
Total Assets	82 532 000	7 359 000	44 000	30 000
Total Retained Equity	90 000	90 000	0	0
Total Equity	25 517 000	120 000	30 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	57 014 000	7 239 000	14 000	0
Total Equity and Debt	82 532 000	7 359 000	44 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	321 817 000	0	0	0
Other Income	2 817 000	5 155 000	0	0
Revenue	324 634 000	5 155 000	0	0
Cost of Goods Sold	121 755 000	0	0	0
Salary Costs	30 774 000	4 910 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	152 621 000	4 953 000	19 000	25 000
Operating Profit	34 204 000	202 000	−19 000	−25 000
Financial Income	130 000	0	0	0
Financial Costs	1 774 000	87 000	0	0
Financial Balance	−1 644 000	−87 000	0	0
Dividends	0	0	0	0
Net Income	25 397 000	90 000	−15 000	−19 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	488 000	732 000	21 000	0
Total Current Assets	82 532 000	7 359 000	44 000	30 000
Total Assets	82 532 000	7 359 000	44 000	30 000
Total Equity	25 517 000	120 000	30 000	30 000
Short-Term Group Debt	34 340 000	6 336 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 665 000	40 000	14 000	0
Unpaid Taxes	0	538 000	0	0
Dividends	0	0	0	0
Other Current Debt	7 009 000	324 000	0	0
Total Current Debt	57 014 000	7 239 000	14 000	0
Total Equity and Debt	82 532 000	7 359 000	44 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,53 %	75 %	−50 %	−63,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,54 %	3,92 %	-	-
Current Ratio	1,45	1,02	3,14	-
Quick Ratio	1,45	1,02	3,14	-
Equity Ratio	0,31	0,02	0,68	1
Gross Profit Margin	62,49 %	100 %	-	-