ARQDESIGN NORGE AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

346,67 %

Current Ratio

1,04

Debt-to-Equity Ratio

10,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 567 000	8 315 000	982 000	0
Net Income	156 000	243 000	−1 106 000	−934 000
Total Assets	4 793 000	3 451 000	674 000	275 000
Total Equity	45 000	29 000	−2 010 000	−904 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 567 000	8 315 000	982 000	0
Expenditure	16 200 000	8 580 000	2 087 000	934 000
Operating Profit	367 000	−266 000	−1 105 000	−934 000
Financial Income	0	2 000	0	0
Financial Costs	168 000	0	2 000	0
Financial Balance	−168 000	2 000	−2 000	0
Earnings Before Tax	200 000	−263 000	−1 106 000	−934 000
Tax	44 000	−507 000	0	0
Net Income	156 000	243 000	−1 106 000	−934 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	355 000	0	0	0
Total Current Assets	4 437 000	3 451 000	674 000	275 000
Total Assets	4 793 000	3 451 000	674 000	275 000
Total Retained Equity	15 000	−1 000	−2 040 000	−934 000
Total Equity	45 000	29 000	−2 010 000	−904 000
Total Long-Term Debt	466 000	0	0	0
Total Current Debt	4 282 000	3 422 000	2 685 000	1 179 000
Total Equity and Debt	4 793 000	3 451 000	674 000	275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 567 000	8 315 000	982 000	0
Other Income	0	0	0	0
Revenue	16 567 000	8 315 000	982 000	0
Cost of Goods Sold	13 537 000	6 871 000	793 000	4 000
Salary Costs	1 917 000	1 179 000	942 000	643 000
Depreciation	63 000	0	0	0
Impairment	0	0	0	0
Expenditure	16 200 000	8 580 000	2 087 000	934 000
Operating Profit	367 000	−266 000	−1 105 000	−934 000
Financial Income	0	2 000	0	0
Financial Costs	168 000	0	2 000	0
Financial Balance	−168 000	2 000	−2 000	0
Dividends	0	0	0	0
Net Income	156 000	243 000	−1 106 000	−934 000

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	355 000	0	0	0
Total Tangible Assets	355 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	355 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 120 000	395 000	530 000	264 000
Total Current Assets	4 437 000	3 451 000	674 000	275 000
Total Assets	4 793 000	3 451 000	674 000	275 000
Total Equity	45 000	29 000	−2 010 000	−904 000
Short-Term Group Debt	2 231 000	1 901 000	2 009 000	709 000
Total Long-Term Debt	466 000	0	0	0
Creditors	1 280 000	1 150 000	488 000	16 000
Unpaid Taxes	350 000	269 000	118 000	228 000
Dividends	0	0	0	0
Other Current Debt	421 000	102 000	69 000	227 000
Total Current Debt	4 282 000	3 422 000	2 685 000	1 179 000
Total Equity and Debt	4 793 000	3 451 000	674 000	275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	346,67 %	837,93 %	55,02 %	103,32 %
Debt-to-Equity Ratio	10,36	0	−0	−0
Operating Profit Margin	2,22 %	−3,2 %	−112,53 %	-
Current Ratio	1,04	1,01	0,25	0,23
Quick Ratio	1,04	1,01	0,25	0,23
Equity Ratio	0,01	0,01	−2,98	−3,29
Gross Profit Margin	18,29 %	17,37 %	19,25 %	-