ARNTZENKRAFT SOLSTUDIOER AS

6035 FISKARSTRAND

Finances

Share Ownership

Return on Equity

40,59 %

Current Ratio

0,28

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 627 000	4 339 000	3 719 000	4 001 000
Net Income	388 000	161 000	3 000	253 000
Total Assets	2 697 000	2 712 000	3 226 000	3 667 000
Total Equity	956 000	567 000	406 000	453 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 627 000	4 339 000	3 719 000	4 001 000
Expenditure	5 016 000	4 022 000	3 621 000	3 564 000
Operating Profit	610 000	316 000	98 000	437 000
Financial Income	0	6 000	5 000	0
Financial Costs	112 000	115 000	101 000	113 000
Financial Balance	−112 000	−109 000	−96 000	−113 000
Earnings Before Tax	498 000	206 000	2 000	324 000
Tax	110 000	46 000	−1 000	71 000
Net Income	388 000	161 000	3 000	253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 286 000	2 536 000	2 965 000	3 393 000
Total Current Assets	412 000	176 000	262 000	274 000
Total Assets	2 697 000	2 712 000	3 226 000	3 667 000
Total Retained Equity	756 000	367 000	206 000	253 000
Total Equity	956 000	567 000	406 000	453 000
Total Long-Term Debt	271 000	370 000	591 000	635 000
Total Current Debt	1 470 000	1 775 000	2 229 000	2 579 000
Total Equity and Debt	2 697 000	2 712 000	3 226 000	3 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 627 000	4 339 000	3 089 000	4 001 000
Other Income	0	0	630 000	0
Revenue	5 627 000	4 339 000	3 719 000	4 001 000
Cost of Goods Sold	33 000	6 000	14 000	33 000
Salary Costs	22 000	11 000	303 000	115 000
Depreciation	435 000	428 000	428 000	402 000
Impairment	0	0	0	0
Expenditure	5 016 000	4 022 000	3 621 000	3 564 000
Operating Profit	610 000	316 000	98 000	437 000
Financial Income	0	6 000	5 000	0
Financial Costs	112 000	115 000	101 000	113 000
Financial Balance	−112 000	−109 000	−96 000	−113 000
Dividends	0	0	50 000	0
Net Income	388 000	161 000	3 000	253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 566 000	1 824 000	2 081 000	2 339 000
Total Intangible Assets	1 566 000	1 824 000	2 081 000	2 339 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	578 000	706 000	872 000	1 037 000
Fixtures	123 000	7 000	12 000	17 000
Total Tangible Assets	701 000	713 000	883 000	1 054 000
Total Fiancial Fixed Assets	19 000	0	0	0
Total Fixed Assets	2 286 000	2 536 000	2 965 000	3 393 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	410 000	9 000	228 000	273 000
Total Current Assets	412 000	176 000	262 000	274 000
Total Assets	2 697 000	2 712 000	3 226 000	3 667 000
Total Equity	956 000	567 000	406 000	453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	271 000	370 000	591 000	635 000
Creditors	1 289 000	1 624 000	1 975 000	2 317 000
Unpaid Taxes	−60 000	1 000	34 000	128 000
Dividends	0	0	50 000	0
Other Current Debt	183 000	151 000	170 000	134 000
Total Current Debt	1 470 000	1 775 000	2 229 000	2 579 000
Total Equity and Debt	2 697 000	2 712 000	3 226 000	3 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,59 %	28,4 %	0,74 %	55,85 %
Debt-to-Equity Ratio	0,28	0,65	1,46	1,4
Operating Profit Margin	10,84 %	7,28 %	2,64 %	10,92 %
Current Ratio	0,28	0,1	0,12	0,11
Quick Ratio	0,28	0,1	0,12	0,11
Equity Ratio	0,35	0,21	0,13	0,12
Gross Profit Margin	99,41 %	99,86 %	99,62 %	99,18 %