ARV TIME AS

0196 OSLO

Finances

Share Ownership

Return on Equity

−786,21 %

Current Ratio

20,95

Debt-to-Equity Ratio

22,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 000	0	0	0
Net Income	−228 000	−178 000	−88 000	−102 000
Total Assets	694 000	891 000	838 000	413 000
Total Equity	29 000	30 000	29 000	−104 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 000	0	0	0
Expenditure	265 000	134 000	53 000	66 000
Operating Profit	−213 000	−134 000	−53 000	−66 000
Financial Income	0	−5 000	0	0
Financial Costs	15 000	39 000	35 000	36 000
Financial Balance	−15 000	−44 000	−35 000	−36 000
Earnings Before Tax	−228 000	−178 000	−88 000	−102 000
Tax	0	0	0	0
Net Income	−228 000	−178 000	−88 000	−102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	233 000	482 000	547 000	265 000
Total Current Assets	461 000	409 000	291 000	148 000
Total Assets	694 000	891 000	838 000	413 000
Total Retained Equity	−627 000	−399 000	−221 000	−134 000
Total Equity	29 000	30 000	29 000	−104 000
Total Long-Term Debt	644 000	846 000	740 000	500 000
Total Current Debt	22 000	16 000	69 000	17 000
Total Equity and Debt	694 000	891 000	838 000	413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 000	0	0	0
Other Income	0	0	0	0
Revenue	52 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	249 000	65 000	35 000	28 000
Impairment	0	0	0	0
Expenditure	265 000	134 000	53 000	66 000
Operating Profit	−213 000	−134 000	−53 000	−66 000
Financial Income	0	−5 000	0	0
Financial Costs	15 000	39 000	35 000	36 000
Financial Balance	−15 000	−44 000	−35 000	−36 000
Dividends	0	0	0	0
Net Income	−228 000	−178 000	−88 000	−102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	233 000	482 000	547 000	265 000
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	233 000	482 000	547 000	265 000
Stock	0	0	0	18 000
Total Investments	0	0	0	0
Cash, Bank	54 000	10 000	71 000	129 000
Total Current Assets	461 000	409 000	291 000	148 000
Total Assets	694 000	891 000	838 000	413 000
Total Equity	29 000	30 000	29 000	−104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	644 000	846 000	740 000	500 000
Creditors	3 000	1 000	55 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	19 000	14 000	14 000	14 000
Total Current Debt	22 000	16 000	69 000	17 000
Total Equity and Debt	694 000	891 000	838 000	413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−786,21 %	−593,33 %	−303,45 %	98,08 %
Debt-to-Equity Ratio	22,21	28,2	25,52	−4,81
Operating Profit Margin	−409,62 %	-	-	-
Current Ratio	20,95	25,56	4,22	8,71
Quick Ratio	20,95	25,56	4,22	−148
Equity Ratio	0,04	0,03	0,03	−0,25
Gross Profit Margin	100 %	-	-	-