VIKING ARM AS

1353 BÆRUMS VERK

Finances

Return on Equity

−9,7 %

Current Ratio

3,09

Debt-to-Equity Ratio

1,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 289 000	48 409 000	20 066 000	1 065 000
Net Income	−800 000	2 672 000	−970 000	−5 999 000
Total Assets	31 916 000	24 412 000	10 629 000	2 834 000
Total Equity	8 249 000	7 874 000	1 835 000	−845 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 289 000	48 409 000	20 066 000	1 065 000
Expenditure	52 595 000	44 902 000	23 245 000	6 976 000
Operating Profit	694 000	3 506 000	−3 179 000	−5 910 000
Financial Income	1 219 000	716 000	407 000	0
Financial Costs	3 056 000	795 000	891 000	90 000
Financial Balance	−1 837 000	−79 000	−484 000	−90 000
Earnings Before Tax	−1 143 000	3 427 000	−3 663 000	−5 999 000
Tax	−343 000	756 000	−2 693 000	0
Net Income	−800 000	2 672 000	−970 000	−5 999 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 617 000	2 527 000	3 232 000	602 000
Total Current Assets	27 299 000	21 885 000	7 397 000	2 232 000
Total Assets	31 916 000	24 412 000	10 629 000	2 834 000
Total Retained Equity	−7 693 000	−6 893 000	−9 565 000	−8 595 000
Total Equity	8 249 000	7 874 000	1 835 000	−845 000
Total Long-Term Debt	14 821 000	1 727 000	3 923 000	2 744 000
Total Current Debt	8 846 000	14 811 000	4 871 000	935 000
Total Equity and Debt	31 916 000	24 412 000	10 629 000	2 834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 289 000	48 409 000	20 066 000	1 065 000
Other Income	0	0	0	0
Revenue	53 289 000	48 409 000	20 066 000	1 065 000
Cost of Goods Sold	28 102 000	21 032 000	11 279 000	488 000
Salary Costs	13 843 000	12 255 000	5 125 000	1 658 000
Depreciation	332 000	151 000	126 000	73 000
Impairment	0	0	0	0
Expenditure	52 595 000	44 902 000	23 245 000	6 976 000
Operating Profit	694 000	3 506 000	−3 179 000	−5 910 000
Financial Income	1 219 000	716 000	407 000	0
Financial Costs	3 056 000	795 000	891 000	90 000
Financial Balance	−1 837 000	−79 000	−484 000	−90 000
Dividends	0	0	0	0
Net Income	−800 000	2 672 000	−970 000	−5 999 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 280 000	1 937 000	2 693 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 807 000	431 000	529 000	482 000
Total Tangible Assets	1 807 000	431 000	529 000	482 000
Total Fiancial Fixed Assets	530 000	158 000	9 000	120 000
Total Fixed Assets	4 617 000	2 527 000	3 232 000	602 000
Stock	12 438 000	14 221 000	3 801 000	327 000
Total Investments	48 000	0	0	0
Cash, Bank	8 513 000	47 000	540 000	183 000
Total Current Assets	27 299 000	21 885 000	7 397 000	2 232 000
Total Assets	31 916 000	24 412 000	10 629 000	2 834 000
Total Equity	8 249 000	7 874 000	1 835 000	−845 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 821 000	1 727 000	3 923 000	2 744 000
Creditors	6 223 000	10 722 000	3 688 000	554 000
Unpaid Taxes	763 000	885 000	598 000	223 000
Dividends	0	0	0	0
Other Current Debt	1 860 000	3 203 000	585 000	158 000
Total Current Debt	8 846 000	14 811 000	4 871 000	935 000
Total Equity and Debt	31 916 000	24 412 000	10 629 000	2 834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,7 %	33,93 %	−52,86 %	709,94 %
Debt-to-Equity Ratio	1,8	0,22	2,14	−3,25
Operating Profit Margin	1,3 %	7,24 %	−15,84 %	−554,93 %
Current Ratio	3,09	1,48	1,52	2,39
Quick Ratio	−7,6	37,09	6,91	3,67
Equity Ratio	0,26	0,32	0,17	−0,3
Gross Profit Margin	47,26 %	56,55 %	43,79 %	54,18 %