ARIMEC AS

8519 NARVIK

Finances

Share Ownership

Return on Equity

6,75 %

Current Ratio

2,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 809 000	1 751 000	1 256 000
Net Income	39 000	280 000	229 000
Total Assets	886 000	968 000	593 000
Total Equity	578 000	539 000	259 000

Income (NOK)	2022	2021	2020
Revenue	1 809 000	1 751 000	1 256 000
Expenditure	1 758 000	1 390 000	963 000
Operating Profit	50 000	360 000	293 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	50 000	359 000	293 000
Tax	11 000	79 000	64 000
Net Income	39 000	280 000	229 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	15 000	73 000	110 000
Total Current Assets	871 000	894 000	484 000
Total Assets	886 000	968 000	593 000
Total Retained Equity	548 000	509 000	229 000
Total Equity	578 000	539 000	259 000
Total Long-Term Debt	2 000	0	0
Total Current Debt	305 000	428 000	335 000
Total Equity and Debt	886 000	968 000	593 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 639 000	1 511 000	857 000
Other Income	169 000	240 000	399 000
Revenue	1 809 000	1 751 000	1 256 000
Cost of Goods Sold	189 000	147 000	3 000
Salary Costs	1 296 000	957 000	710 000
Depreciation	6 000	1 000	0
Impairment	0	0	0
Expenditure	1 758 000	1 390 000	963 000
Operating Profit	50 000	360 000	293 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	39 000	280 000	229 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	10 000	16 000	0
Total Tangible Assets	10 000	16 000	0
Total Fiancial Fixed Assets	4 000	57 000	110 000
Total Fixed Assets	15 000	73 000	110 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	568 000	498 000	316 000
Total Current Assets	871 000	894 000	484 000
Total Assets	886 000	968 000	593 000
Total Equity	578 000	539 000	259 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 000	0	0
Creditors	12 000	61 000	12 000
Unpaid Taxes	162 000	184 000	183 000
Dividends	0	0	0
Other Current Debt	122 000	105 000	76 000
Total Current Debt	305 000	428 000	335 000
Total Equity and Debt	886 000	968 000	593 000

Financial indicators	2022	2021	2020
Return on Equity	6,75 %	51,95 %	88,42 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	2,76 %	20,56 %	23,33 %
Current Ratio	2,86	2,09	1,44
Quick Ratio	2,86	2,09	1,44
Equity Ratio	0,65	0,56	0,44
Gross Profit Margin	89,55 %	91,6 %	99,76 %