ARAM CONTROL SYSTEM & TECHNOLOGY AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

23,14 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 168 000	868 000	1 107 000	283 000
Net Income	106 000	24 000	250 000	148 000
Total Assets	799 000	626 000	587 000	304 000
Total Equity	458 000	352 000	328 000	128 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 168 000	868 000	1 107 000	283 000
Expenditure	1 113 000	885 000	822 000	93 000
Operating Profit	57 000	−17 000	286 000	190 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	0
Financial Balance	−1 000	−1 000	−1 000	0
Earnings Before Tax	56 000	−18 000	285 000	191 000
Tax	−51 000	−42 000	35 000	42 000
Net Income	106 000	24 000	250 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	116 000	158 000	13 000
Total Current Assets	799 000	509 000	430 000	291 000
Total Assets	799 000	626 000	587 000	304 000
Total Retained Equity	428 000	322 000	298 000	98 000
Total Equity	458 000	352 000	328 000	128 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	342 000	274 000	259 000	175 000
Total Equity and Debt	799 000	626 000	587 000	304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 168 000	868 000	1 107 000	283 000
Other Income	0	0	0	0
Revenue	1 168 000	868 000	1 107 000	283 000
Cost of Goods Sold	1 000	0	3 000	0
Salary Costs	1 013 000	837 000	760 000	77 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 113 000	885 000	822 000	93 000
Operating Profit	57 000	−17 000	286 000	190 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	0
Financial Balance	−1 000	−1 000	−1 000	0
Dividends	0	0	50 000	50 000
Net Income	106 000	24 000	250 000	148 000

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	116 000	158 000	13 000
Total Fixed Assets	0	116 000	158 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	170 000	84 000	21 000	41 000
Total Current Assets	799 000	509 000	430 000	291 000
Total Assets	799 000	626 000	587 000	304 000
Total Equity	458 000	352 000	328 000	128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	9 000	1 000	0
Unpaid Taxes	127 000	141 000	91 000	76 000
Dividends	0	0	50 000	50 000
Other Current Debt	188 000	121 000	51 000	7 000
Total Current Debt	342 000	274 000	259 000	175 000
Total Equity and Debt	799 000	626 000	587 000	304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,14 %	6,82 %	76,22 %	115,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,88 %	−1,96 %	25,84 %	67,14 %
Current Ratio	2,34	1,86	1,66	1,66
Quick Ratio	2,34	1,86	1,66	1,66
Equity Ratio	0,57	0,56	0,56	0,42
Gross Profit Margin	99,91 %	100 %	99,73 %	100 %