ARENDAL SOUND INNOVATIONS AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

−7,48 %

Current Ratio

56,52

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020
Revenue	425 000	425 000	425 000
Net Income	−220 000	−220 000	−41 000
Total Assets	3 959 000	3 288 000	7 170 000
Total Equity	2 941 000	2 980 000	3 050 000

Income (NOK)	2022	2021	2020
Revenue	425 000	425 000	425 000
Expenditure	697 000	699 000	422 000
Operating Profit	−271 000	−274 000	3 000
Financial Income	0	3 000	0
Financial Costs	0	0	0
Financial Balance	0	3 000	0
Earnings Before Tax	−271 000	−271 000	3 000
Tax	−51 000	−50 000	44 000
Net Income	−220 000	−220 000	−41 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 659 000	3 284 000	6 724 000
Total Current Assets	1 300 000	4 000	446 000
Total Assets	3 959 000	3 288 000	7 170 000
Total Retained Equity	−150 000	−112 000	−41 000
Total Equity	2 941 000	2 980 000	3 050 000
Total Long-Term Debt	995 000	307 000	4 007 000
Total Current Debt	23 000	2 000	113 000
Total Equity and Debt	3 959 000	3 288 000	7 170 000

Cash flow (NOK)	2022	2021	2020
Sales Income	425 000	425 000	425 000
Other Income	0	0	0
Revenue	425 000	425 000	425 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	689 000	679 000	414 000
Impairment	0	0	0
Expenditure	697 000	699 000	422 000
Operating Profit	−271 000	−274 000	3 000
Financial Income	0	3 000	0
Financial Costs	0	0	0
Financial Balance	0	3 000	0
Dividends	0	0	0
Net Income	−220 000	−220 000	−41 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	2 426 000	3 092 000	3 645 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	232 000	192 000	3 079 000
Total Fixed Assets	2 659 000	3 284 000	6 724 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	106 000	4 000	21 000
Total Current Assets	1 300 000	4 000	446 000
Total Assets	3 959 000	3 288 000	7 170 000
Total Equity	2 941 000	2 980 000	3 050 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	995 000	307 000	4 007 000
Creditors	5 000	2 000	113 000
Unpaid Taxes	17 000	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	23 000	2 000	113 000
Total Equity and Debt	3 959 000	3 288 000	7 170 000

Financial indicators	2022	2021	2020
Return on Equity	−7,48 %	−7,38 %	−1,34 %
Debt-to-Equity Ratio	0,34	0,1	1,31
Operating Profit Margin	−63,76 %	−64,47 %	0,71 %
Current Ratio	56,52	2	3,95
Quick Ratio	56,52	2	3,95
Equity Ratio	0,74	0,91	0,43
Gross Profit Margin	100 %	100 %	100 %