ARNESEN MANAGEMENT AS

4550 FARSUND

Finances

Return on Equity

−6,5 %

Current Ratio

4,17

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	330 000	715 000	510 000	1 185 000
Net Income	−102 000	166 000	−38 000	413 000
Total Assets	2 077 000	2 164 000	1 910 000	2 154 000
Total Equity	1 569 000	1 857 000	1 691 000	1 729 000

Income (NOK)	2022	2021	2020	2019
Revenue	330 000	715 000	510 000	1 185 000
Expenditure	431 000	505 000	559 000	657 000
Operating Profit	−102 000	208 000	−49 000	528 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	0
Earnings Before Tax	−102 000	208 000	−50 000	528 000
Tax	0	42 000	−13 000	115 000
Net Income	−102 000	166 000	−38 000	413 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	0	7 000	15 000
Total Current Assets	2 076 000	2 164 000	1 903 000	2 139 000
Total Assets	2 077 000	2 164 000	1 910 000	2 154 000
Total Retained Equity	1 469 000	1 757 000	1 591 000	1 629 000
Total Equity	1 569 000	1 857 000	1 691 000	1 729 000
Total Long-Term Debt	10 000	0	0	0
Total Current Debt	498 000	306 000	219 000	425 000
Total Equity and Debt	2 077 000	2 164 000	1 910 000	2 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	330 000	715 000	510 000	1 184 000
Other Income	0	0	0	1 000
Revenue	330 000	715 000	510 000	1 185 000
Cost of Goods Sold	0	0	0	0
Salary Costs	245 000	279 000	281 000	341 000
Depreciation	0	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	431 000	505 000	559 000	657 000
Operating Profit	−102 000	208 000	−49 000	528 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	0
Dividends	0	0	0	0
Net Income	−102 000	166 000	−38 000	413 000

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	7 000	15 000
Total Tangible Assets	0	0	7 000	15 000
Total Fiancial Fixed Assets	2 000	0	0	0
Total Fixed Assets	2 000	0	7 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	549 000	469 000	968 000
Total Current Assets	2 076 000	2 164 000	1 903 000	2 139 000
Total Assets	2 077 000	2 164 000	1 910 000	2 154 000
Total Equity	1 569 000	1 857 000	1 691 000	1 729 000
Short-Term Group Debt	100 000	0	0	0
Total Long-Term Debt	10 000	0	0	0
Creditors	4 000	3 000	0	0
Unpaid Taxes	24 000	40 000	17 000	113 000
Dividends	0	0	0	0
Other Current Debt	370 000	222 000	202 000	197 000
Total Current Debt	498 000	306 000	219 000	425 000
Total Equity and Debt	2 077 000	2 164 000	1 910 000	2 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,5 %	8,94 %	−2,25 %	23,89 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	−30,91 %	29,09 %	−9,61 %	44,56 %
Current Ratio	4,17	7,07	8,69	5,03
Quick Ratio	4,17	7,07	8,69	5,03
Equity Ratio	0,76	0,86	0,89	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %