ARRIVA INNOVATION AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

−31,01 %

Current Ratio

1,09

Debt-to-Equity Ratio

15,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 752 000	0	0	0
Net Income	−2 347 000	−23 000	−26 000	−64 000
Total Assets	138 515 000	30 027 000	15 383 000	10 319 000
Total Equity	7 569 000	9 917 000	9 940 000	9 966 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 752 000	0	0	0
Expenditure	16 713 000	23 000	26 000	60 000
Operating Profit	2 040 000	−23 000	−26 000	−60 000
Financial Income	57 000	1 000	3 000	0
Financial Costs	4 438 000	2 000	1 000	0
Financial Balance	−4 381 000	−1 000	2 000	0
Earnings Before Tax	−2 341 000	−23 000	−24 000	−59 000
Tax	7 000	0	2 000	5 000
Net Income	−2 347 000	−23 000	−26 000	−64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 338 000	17 428 000	14 959 000	9 789 000
Total Current Assets	14 177 000	12 599 000	424 000	530 000
Total Assets	138 515 000	30 027 000	15 383 000	10 319 000
Total Retained Equity	−2 461 000	−113 000	−90 000	−64 000
Total Equity	7 569 000	9 917 000	9 940 000	9 966 000
Total Long-Term Debt	117 911 000	0	0	0
Total Current Debt	13 035 000	20 111 000	5 443 000	353 000
Total Equity and Debt	138 515 000	30 027 000	15 383 000	10 319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 752 000	0	0	0
Other Income	0	0	0	0
Revenue	18 752 000	0	0	0
Cost of Goods Sold	1 204 000	0	0	0
Salary Costs	3 229 000	0	0	0
Depreciation	1 013 000	0	0	0
Impairment	0	0	0	0
Expenditure	16 713 000	23 000	26 000	60 000
Operating Profit	2 040 000	−23 000	−26 000	−60 000
Financial Income	57 000	1 000	3 000	0
Financial Costs	4 438 000	2 000	1 000	0
Financial Balance	−4 381 000	−1 000	2 000	0
Dividends	0	0	0	0
Net Income	−2 347 000	−23 000	−26 000	−64 000

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	124 338 000	17 428 000	14 959 000	9 789 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	124 338 000	17 428 000	14 959 000	9 789 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	407 000	12 594 000	373 000	313 000
Total Current Assets	14 177 000	12 599 000	424 000	530 000
Total Assets	138 515 000	30 027 000	15 383 000	10 319 000
Total Equity	7 569 000	9 917 000	9 940 000	9 966 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	117 911 000	0	0	0
Creditors	11 748 000	11 000	341 000	30 000
Unpaid Taxes	281 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000 000	20 100 000	5 100 000	318 000
Total Current Debt	13 035 000	20 111 000	5 443 000	353 000
Total Equity and Debt	138 515 000	30 027 000	15 383 000	10 319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,01 %	−0,23 %	−0,26 %	−0,64 %
Debt-to-Equity Ratio	15,58	0	0	0
Operating Profit Margin	10,88 %	-	-	-
Current Ratio	1,09	0,63	0,08	1,5
Quick Ratio	1,09	0,63	0,08	1,5
Equity Ratio	0,05	0,33	0,65	0,97
Gross Profit Margin	93,58 %	-	-	-