ARM BILVERKSTED AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

63,25 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0,25

Key figures (NOK)	2022	2021	2020
Revenue	3 378 000	1 876 000	1 095 000
Net Income	−382 000	−279 000	27 000
Total Assets	993 000	518 000	292 000
Total Equity	−604 000	−222 000	57 000

Income (NOK)	2022	2021	2020
Revenue	3 378 000	1 876 000	1 095 000
Expenditure	3 736 000	2 157 000	1 060 000
Operating Profit	−358 000	−280 000	35 000
Financial Income	1 000	0	0
Financial Costs	25 000	0	0
Financial Balance	−24 000	0	0
Earnings Before Tax	−382 000	−280 000	35 000
Tax	0	−1 000	8 000
Net Income	−382 000	−279 000	27 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	20 000	53 000	34 000
Total Current Assets	973 000	465 000	258 000
Total Assets	993 000	518 000	292 000
Total Retained Equity	−634 000	−252 000	27 000
Total Equity	−604 000	−222 000	57 000
Total Long-Term Debt	152 000	0	1 000
Total Current Debt	1 445 000	740 000	234 000
Total Equity and Debt	993 000	518 000	292 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 373 000	1 871 000	1 084 000
Other Income	5 000	5 000	11 000
Revenue	3 378 000	1 876 000	1 095 000
Cost of Goods Sold	798 000	450 000	388 000
Salary Costs	1 407 000	694 000	544 000
Depreciation	11 000	13 000	2 000
Impairment	0	0	0
Expenditure	3 736 000	2 157 000	1 060 000
Operating Profit	−358 000	−280 000	35 000
Financial Income	1 000	0	0
Financial Costs	25 000	0	0
Financial Balance	−24 000	0	0
Dividends	0	0	0
Net Income	−382 000	−279 000	27 000

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	20 000	31 000	34 000
Total Tangible Assets	20 000	31 000	34 000
Total Fiancial Fixed Assets	0	22 000	0
Total Fixed Assets	20 000	53 000	34 000
Stock	405 000	356 000	109 000
Total Investments	0	0	0
Cash, Bank	174 000	35 000	128 000
Total Current Assets	973 000	465 000	258 000
Total Assets	993 000	518 000	292 000
Total Equity	−604 000	−222 000	57 000
Short-Term Group Debt	210 000	55 000	0
Total Long-Term Debt	152 000	0	1 000
Creditors	875 000	323 000	36 000
Unpaid Taxes	107 000	79 000	147 000
Dividends	0	0	0
Other Current Debt	254 000	283 000	44 000
Total Current Debt	1 445 000	740 000	234 000
Total Equity and Debt	993 000	518 000	292 000

Financial indicators	2022	2021	2020
Return on Equity	63,25 %	125,68 %	47,37 %
Debt-to-Equity Ratio	−0,25	−0	0,02
Operating Profit Margin	−10,6 %	−14,93 %	3,2 %
Current Ratio	0,67	0,63	1,1
Quick Ratio	0,94	1,21	2,06
Equity Ratio	−0,61	−0,43	0,2
Gross Profit Margin	76,38 %	76,01 %	64,57 %