ARNE SØRENSEN & SØNNER AS

8373 BALLSTAD

Finances

Return on Equity

−5,59 %

Current Ratio

54,75

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	5 000
Net Income	−64 000	−74 000	−48 000	−46 000
Total Assets	1 171 000	1 259 000	1 367 000	2 458 000
Total Equity	1 144 000	1 209 000	1 283 000	1 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	5 000
Expenditure	119 000	133 000	144 000	118 000
Operating Profit	−119 000	−133 000	−143 000	−112 000
Financial Income	36 000	38 000	83 000	51 000
Financial Costs	0	0	0	0
Financial Balance	36 000	38 000	83 000	51 000
Earnings Before Tax	−82 000	−95 000	−60 000	−61 000
Tax	−18 000	−21 000	−12 000	−15 000
Net Income	−64 000	−74 000	−48 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	951 000	1 155 000	1 324 000	2 403 000
Total Current Assets	219 000	104 000	43 000	56 000
Total Assets	1 171 000	1 259 000	1 367 000	2 458 000
Total Retained Equity	992 000	1 057 000	1 131 000	1 195 000
Total Equity	1 144 000	1 209 000	1 283 000	1 347 000
Total Long-Term Debt	22 000	41 000	62 000	78 000
Total Current Debt	4 000	10 000	23 000	1 033 000
Total Equity and Debt	1 171 000	1 259 000	1 367 000	2 458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	5 000
Revenue	0	0	0	5 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	3 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	119 000	133 000	144 000	118 000
Operating Profit	−119 000	−133 000	−143 000	−112 000
Financial Income	36 000	38 000	83 000	51 000
Financial Costs	0	0	0	0
Financial Balance	36 000	38 000	83 000	51 000
Dividends	0	0	0	0
Net Income	−64 000	−74 000	−48 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	39 000	41 000	43 000	52 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	39 000	41 000	43 000	52 000
Total Fiancial Fixed Assets	912 000	1 114 000	1 281 000	2 351 000
Total Fixed Assets	951 000	1 155 000	1 324 000	2 403 000
Stock	164 000	37 000	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	55 000	31 000	45 000
Total Current Assets	219 000	104 000	43 000	56 000
Total Assets	1 171 000	1 259 000	1 367 000	2 458 000
Total Equity	1 144 000	1 209 000	1 283 000	1 347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	41 000	62 000	78 000
Creditors	4 000	3 000	2 000	5 000
Unpaid Taxes	0	6 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	21 000	1 028 000
Total Current Debt	4 000	10 000	23 000	1 033 000
Total Equity and Debt	1 171 000	1 259 000	1 367 000	2 458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,59 %	−6,12 %	−3,74 %	−3,41 %
Debt-to-Equity Ratio	0,02	0,03	0,05	0,06
Operating Profit Margin	-	-	-	−2 240 %
Current Ratio	54,75	10,4	1,87	0,05
Quick Ratio	−1,37	−3,85	1,87	0,05
Equity Ratio	0,98	0,96	0,94	0,55
Gross Profit Margin	-	-	-	100 %