ARNEBERG EQUESTRIAN CENTER AS

3157 BARKÅKER

Finances

Share Ownership

Return on Equity

19,99 %

Current Ratio

8,06

Debt-to-Equity Ratio

−2,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	802 000	468 000	2 182 000	890 000
Net Income	−743 000	−1 618 000	−832 000	−555 000
Total Assets	4 989 000	4 949 000	1 764 000	1 117 000
Total Equity	−3 717 000	−2 974 000	−1 356 000	−525 000

Income (NOK)	2022	2021	2020	2019
Revenue	802 000	468 000	2 182 000	890 000
Expenditure	1 502 000	1 998 000	2 978 000	1 440 000
Operating Profit	−701 000	−1 529 000	−796 000	−550 000
Financial Income	0	3 000	1 000	0
Financial Costs	42 000	91 000	37 000	5 000
Financial Balance	−42 000	−88 000	−36 000	−5 000
Earnings Before Tax	−743 000	−1 618 000	−832 000	−555 000
Tax	0	0	0	0
Net Income	−743 000	−1 618 000	−832 000	−555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 241 000	2 579 000	757 000	931 000
Total Current Assets	2 748 000	2 370 000	1 007 000	186 000
Total Assets	4 989 000	4 949 000	1 764 000	1 117 000
Total Retained Equity	−3 747 000	−3 004 000	−1 386 000	−555 000
Total Equity	−3 717 000	−2 974 000	−1 356 000	−525 000
Total Long-Term Debt	8 365 000	617 000	1 200 000	543 000
Total Current Debt	341 000	7 306 000	1 920 000	1 099 000
Total Equity and Debt	4 989 000	4 949 000	1 764 000	1 117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	841 000	468 000	1 927 000	836 000
Other Income	−40 000	1 000	255 000	54 000
Revenue	802 000	468 000	2 182 000	890 000
Cost of Goods Sold	444 000	659 000	424 000	90 000
Salary Costs	8 000	157 000	612 000	476 000
Depreciation	317 000	301 000	186 000	77 000
Impairment	0	0	0	0
Expenditure	1 502 000	1 998 000	2 978 000	1 440 000
Operating Profit	−701 000	−1 529 000	−796 000	−550 000
Financial Income	0	3 000	1 000	0
Financial Costs	42 000	91 000	37 000	5 000
Financial Balance	−42 000	−88 000	−36 000	−5 000
Dividends	0	0	0	0
Net Income	−743 000	−1 618 000	−832 000	−555 000

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	4 000	0	0
Fixtures	2 241 000	2 575 000	757 000	935 000
Total Tangible Assets	2 241 000	2 579 000	757 000	935 000
Total Fiancial Fixed Assets	0	0	0	−4 000
Total Fixed Assets	2 241 000	2 579 000	757 000	931 000
Stock	2 449 000	2 039 000	266 000	26 000
Total Investments	0	0	0	0
Cash, Bank	5 000	12 000	62 000	81 000
Total Current Assets	2 748 000	2 370 000	1 007 000	186 000
Total Assets	4 989 000	4 949 000	1 764 000	1 117 000
Total Equity	−3 717 000	−2 974 000	−1 356 000	−525 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 365 000	617 000	1 200 000	543 000
Creditors	329 000	559 000	434 000	275 000
Unpaid Taxes	4 000	70 000	34 000	44 000
Dividends	0	0	0	0
Other Current Debt	9 000	6 678 000	1 453 000	780 000
Total Current Debt	341 000	7 306 000	1 920 000	1 099 000
Total Equity and Debt	4 989 000	4 949 000	1 764 000	1 117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,99 %	54,4 %	61,36 %	105,71 %
Debt-to-Equity Ratio	−2,25	−0,21	−0,88	−1,03
Operating Profit Margin	−87,41 %	−326,71 %	−36,48 %	−61,8 %
Current Ratio	8,06	0,32	0,52	0,17
Quick Ratio	−1,3	0,45	0,61	0,17
Equity Ratio	−0,75	−0,6	−0,77	−0,47
Gross Profit Margin	44,64 %	−40,81 %	80,57 %	89,89 %