ARENA TECH AS

1178 OSLO

Finances

Share Ownership

Return on Equity

284,71 %

Current Ratio

0,45

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2021	2020	2019
Revenue	1 787 000	865 000	0
Net Income	−242 000	148 000	−15 000
Total Assets	953 000	645 000	10 000
Total Equity	−85 000	157 000	10 000

Income (NOK)	2021	2020	2019
Revenue	1 787 000	865 000	0
Expenditure	2 032 000	679 000	15 000
Operating Profit	−245 000	185 000	−15 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	−246 000	185 000	−15 000
Tax	−4 000	37 000	0
Net Income	−242 000	148 000	−15 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	482 000	89 000	0
Total Current Assets	470 000	556 000	10 000
Total Assets	953 000	645 000	10 000
Total Retained Equity	−110 000	133 000	−15 000
Total Equity	−85 000	157 000	10 000
Total Long-Term Debt	−18 000	0	0
Total Current Debt	1 056 000	488 000	0
Total Equity and Debt	953 000	645 000	10 000

Cash flow (NOK)	2021	2020	2019
Sales Income	1 787 000	865 000	0
Other Income	0	0	0
Revenue	1 787 000	865 000	0
Cost of Goods Sold	1 008 000	281 000	0
Salary Costs	44 000	8 000	0
Depreciation	62 000	7 000	0
Impairment	0	0	0
Expenditure	2 032 000	679 000	15 000
Operating Profit	−245 000	185 000	−15 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	−242 000	148 000	−15 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	482 000	89 000	0
Total Tangible Assets	482 000	89 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	482 000	89 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	454 000	154 000	10 000
Total Current Assets	470 000	556 000	10 000
Total Assets	953 000	645 000	10 000
Total Equity	−85 000	157 000	10 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	−18 000	0	0
Creditors	1 013 000	421 000	0
Unpaid Taxes	40 000	29 000	0
Dividends	0	0	0
Other Current Debt	3 000	0	0
Total Current Debt	1 056 000	488 000	0
Total Equity and Debt	953 000	645 000	10 000

Financial indicators	2021	2020	2019
Return on Equity	284,71 %	94,27 %	−150 %
Debt-to-Equity Ratio	0,21	0	0
Operating Profit Margin	−13,71 %	21,39 %	-
Current Ratio	0,45	1,14	-
Quick Ratio	0,45	1,14	-
Equity Ratio	−0,09	0,24	1
Gross Profit Margin	43,59 %	67,51 %	-