AARVIK MANAGEMENT AS

2050 JESSHEIM

Finances

Return on Equity

−2,71 %

Current Ratio

0,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 225 000	1 090 000	1 227 000	1 397 000
Net Income	−124 000	41 000	37 000	2 000
Total Assets	5 096 000	5 143 000	5 088 000	5 083 000
Total Equity	4 568 000	4 693 000	4 652 000	4 615 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 225 000	1 090 000	1 227 000	1 397 000
Expenditure	1 657 000	1 293 000	1 437 000	1 643 000
Operating Profit	−432 000	−202 000	−210 000	−245 000
Financial Income	329 000	262 000	267 000	266 000
Financial Costs	21 000	19 000	20 000	19 000
Financial Balance	308 000	243 000	247 000	247 000
Earnings Before Tax	−124 000	41 000	37 000	2 000
Tax	0	0	0	0
Net Income	−124 000	41 000	37 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 005 000	5 005 000	5 005 000	5 005 000
Total Current Assets	90 000	138 000	83 000	77 000
Total Assets	5 096 000	5 143 000	5 088 000	5 083 000
Total Retained Equity	2 368 000	2 493 000	2 452 000	2 415 000
Total Equity	4 568 000	4 693 000	4 652 000	4 615 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	528 000	450 000	436 000	468 000
Total Equity and Debt	5 096 000	5 143 000	5 088 000	5 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 225 000	1 090 000	1 227 000	1 397 000
Other Income	0	0	0	0
Revenue	1 225 000	1 090 000	1 227 000	1 397 000
Cost of Goods Sold	1 000	3 000	0	0
Salary Costs	1 459 000	1 020 000	1 208 000	1 421 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 657 000	1 293 000	1 437 000	1 643 000
Operating Profit	−432 000	−202 000	−210 000	−245 000
Financial Income	329 000	262 000	267 000	266 000
Financial Costs	21 000	19 000	20 000	19 000
Financial Balance	308 000	243 000	247 000	247 000
Dividends	0	0	0	0
Net Income	−124 000	41 000	37 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 005 000	5 005 000	5 005 000	5 005 000
Total Fixed Assets	5 005 000	5 005 000	5 005 000	5 005 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	34 000	36 000	18 000
Total Current Assets	90 000	138 000	83 000	77 000
Total Assets	5 096 000	5 143 000	5 088 000	5 083 000
Total Equity	4 568 000	4 693 000	4 652 000	4 615 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	0	0	0
Unpaid Taxes	99 000	96 000	106 000	74 000
Dividends	0	0	0	0
Other Current Debt	148 000	114 000	117 000	139 000
Total Current Debt	528 000	450 000	436 000	468 000
Total Equity and Debt	5 096 000	5 143 000	5 088 000	5 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,71 %	0,87 %	0,8 %	0,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−35,27 %	−18,53 %	−17,11 %	−17,54 %
Current Ratio	0,17	0,31	0,19	0,16
Quick Ratio	0,17	0,31	0,19	0,16
Equity Ratio	0,9	0,91	0,91	0,91
Gross Profit Margin	99,92 %	99,72 %	100 %	100 %