ARENA 12B AS

1606 FREDRIKSTAD

Finances

Return on Equity

29,17 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 282 000	4 930 000	10 161 000	12 637 000
Net Income	77 000	9 000	129 000	174 000
Total Assets	694 000	723 000	2 391 000	3 511 000
Total Equity	264 000	187 000	178 000	349 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 282 000	4 930 000	10 161 000	12 637 000
Expenditure	3 183 000	4 915 000	10 001 000	12 371 000
Operating Profit	100 000	15 000	159 000	267 000
Financial Income	0	1 000	26 000	0
Financial Costs	0	1 000	16 000	39 000
Financial Balance	0	0	10 000	−39 000
Earnings Before Tax	100 000	15 000	169 000	228 000
Tax	23 000	6 000	40 000	54 000
Net Income	77 000	9 000	129 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	69 000	72 000	17 000
Total Current Assets	640 000	654 000	2 319 000	3 494 000
Total Assets	694 000	723 000	2 391 000	3 511 000
Total Retained Equity	164 000	87 000	78 000	249 000
Total Equity	264 000	187 000	178 000	349 000
Total Long-Term Debt	0	3 000	22 000	0
Total Current Debt	430 000	533 000	2 190 000	3 161 000
Total Equity and Debt	694 000	723 000	2 391 000	3 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 282 000	4 880 000	10 160 000	12 637 000
Other Income	0	50 000	1 000	0
Revenue	3 282 000	4 930 000	10 161 000	12 637 000
Cost of Goods Sold	2 553 000	4 321 000	8 338 000	9 957 000
Salary Costs	165 000	189 000	923 000	1 556 000
Depreciation	17 000	20 000	10 000	4 000
Impairment	0	0	0	0
Expenditure	3 183 000	4 915 000	10 001 000	12 371 000
Operating Profit	100 000	15 000	159 000	267 000
Financial Income	0	1 000	26 000	0
Financial Costs	0	1 000	16 000	39 000
Financial Balance	0	0	10 000	−39 000
Dividends	0	0	300 000	175 000
Net Income	77 000	9 000	129 000	174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	28 000	31 000	17 000
Total Tangible Assets	11 000	28 000	31 000	17 000
Total Fiancial Fixed Assets	41 000	41 000	41 000	0
Total Fixed Assets	54 000	69 000	72 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	572 000	479 000	474 000	1 078 000
Total Current Assets	640 000	654 000	2 319 000	3 494 000
Total Assets	694 000	723 000	2 391 000	3 511 000
Total Equity	264 000	187 000	178 000	349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	22 000	0
Creditors	283 000	50 000	1 601 000	2 272 000
Unpaid Taxes	22 000	80 000	93 000	269 000
Dividends	0	0	300 000	175 000
Other Current Debt	98 000	378 000	179 000	392 000
Total Current Debt	430 000	533 000	2 190 000	3 161 000
Total Equity and Debt	694 000	723 000	2 391 000	3 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,17 %	4,81 %	72,47 %	49,86 %
Debt-to-Equity Ratio	0	0,02	0,12	0
Operating Profit Margin	3,05 %	0,3 %	1,56 %	2,11 %
Current Ratio	1,49	1,23	1,06	1,11
Quick Ratio	1,49	1,23	1,06	1,11
Equity Ratio	0,38	0,26	0,07	0,1
Gross Profit Margin	22,21 %	12,35 %	17,94 %	21,21 %