ARDEO AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

−950 %

Current Ratio

6,22

Debt-to-Equity Ratio

−25

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 000	3 000	0	0
Net Income	19 000	−7 000	−6 000	−32 000
Total Assets	56 000	3 000	9 000	10 000
Total Equity	−2 000	−22 000	−15 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 000	3 000	0	0
Expenditure	7 000	9 000	6 000	32 000
Operating Profit	23 000	−7 000	−6 000	−32 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	23 000	−7 000	−6 000	−32 000
Tax	4 000	0	0	0
Net Income	19 000	−7 000	−6 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	56 000	3 000	9 000	10 000
Total Assets	56 000	3 000	9 000	10 000
Total Retained Equity	−27 000	−46 000	−40 000	−34 000
Total Equity	−2 000	−22 000	−15 000	−10 000
Total Long-Term Debt	50 000	20 000	20 000	20 000
Total Current Debt	9 000	4 000	4 000	0
Total Equity and Debt	56 000	3 000	9 000	10 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 000	3 000	0	0
Other Income	0	0	0	0
Revenue	30 000	3 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 000	9 000	6 000	32 000
Operating Profit	23 000	−7 000	−6 000	−32 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	19 000	−7 000	−6 000	−32 000

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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 000	3 000	9 000	10 000
Total Current Assets	56 000	3 000	9 000	10 000
Total Assets	56 000	3 000	9 000	10 000
Total Equity	−2 000	−22 000	−15 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	20 000	20 000	20 000
Creditors	5 000	4 000	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	9 000	4 000	4 000	0
Total Equity and Debt	56 000	3 000	9 000	10 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−950 %	31,82 %	40 %	320 %
Debt-to-Equity Ratio	−25	−0,91	−1,33	−2
Operating Profit Margin	76,67 %	−233,33 %	-	-
Current Ratio	6,22	0,75	2,25	-
Quick Ratio	6,22	0,75	2,25	-
Equity Ratio	−0,04	−7,33	−1,67	−1
Gross Profit Margin	100 %	100 %	-	-