ARNKVERNVEGEN AS

2320 FURNES

Finances

Share Ownership

Return on Equity

2,7 %

Current Ratio

0,67

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020
Revenue	1 200 000	800 000	0
Net Income	168 000	124 000	1 000
Total Assets	17 682 000	18 189 000	12 903 000
Total Equity	6 230 000	6 062 000	5 988 000

Income (NOK)	2022	2021	2020
Revenue	1 200 000	800 000	0
Expenditure	559 000	341 000	3 000
Operating Profit	641 000	459 000	−3 000
Financial Income	0	0	1 000
Financial Costs	426 000	301 000	0
Financial Balance	−426 000	−301 000	1 000
Earnings Before Tax	215 000	159 000	−2 000
Tax	47 000	35 000	−3 000
Net Income	168 000	124 000	1 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	16 862 000	17 379 000	9 848 000
Total Current Assets	820 000	810 000	3 055 000
Total Assets	17 682 000	18 189 000	12 903 000
Total Retained Equity	293 000	125 000	1 000
Total Equity	6 230 000	6 062 000	5 988 000
Total Long-Term Debt	10 221 000	11 007 000	0
Total Current Debt	1 232 000	1 120 000	6 915 000
Total Equity and Debt	17 682 000	18 189 000	12 903 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 200 000	800 000	0
Other Income	0	0	0
Revenue	1 200 000	800 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	517 000	257 000	0
Impairment	0	0	0
Expenditure	559 000	341 000	3 000
Operating Profit	641 000	459 000	−3 000
Financial Income	0	0	1 000
Financial Costs	426 000	301 000	0
Financial Balance	−426 000	−301 000	1 000
Dividends	0	0	0
Net Income	168 000	124 000	1 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	3 000
Real Eastate	16 862 000	17 379 000	4 153 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	16 862 000	17 379 000	4 153 000
Total Fiancial Fixed Assets	0	0	5 692 000
Total Fixed Assets	16 862 000	17 379 000	9 848 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	820 000	805 000	57 000
Total Current Assets	820 000	810 000	3 055 000
Total Assets	17 682 000	18 189 000	12 903 000
Total Equity	6 230 000	6 062 000	5 988 000
Short-Term Group Debt	1 000 000	1 000 000	5 800 000
Total Long-Term Debt	10 221 000	11 007 000	0
Creditors	6 000	0	1 115 000
Unpaid Taxes	49 000	50 000	0
Dividends	0	0	0
Other Current Debt	110 000	70 000	0
Total Current Debt	1 232 000	1 120 000	6 915 000
Total Equity and Debt	17 682 000	18 189 000	12 903 000

Financial indicators	2022	2021	2020
Return on Equity	2,7 %	2,05 %	0,02 %
Debt-to-Equity Ratio	1,64	1,82	0
Operating Profit Margin	53,42 %	57,38 %	-
Current Ratio	0,67	0,72	0,44
Quick Ratio	0,67	0,72	0,44
Equity Ratio	0,35	0,33	0,46
Gross Profit Margin	100 %	100 %	-