AARS INVEST AS

0257 OSLO

Finances

Return on Equity

−2,91 %

Current Ratio

3,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	318 000	352 000	708 000	1 551 000
Net Income	−41 790 000	350 338 000	−344 003 000	−49 126 000
Total Assets	2 041 199 000	1 463 326 000	1 155 214 000	1 365 671 000
Total Equity	1 438 550 000	1 443 680 000	1 081 642 000	1 161 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	318 000	352 000	708 000	1 551 000
Expenditure	55 003 000	25 448 000	21 541 000	90 323 000
Operating Profit	−54 685 000	−25 097 000	−20 833 000	−88 772 000
Financial Income	139 497 000	43 073 000	8 741 000	70 950 000
Financial Costs	137 060 000	−329 198 000	335 041 000	42 756 000
Financial Balance	2 437 000	372 271 000	−326 300 000	28 194 000
Earnings Before Tax	−52 249 000	347 174 000	−347 134 000	−60 578 000
Tax	−10 458 000	−3 164 000	−3 130 000	−11 452 000
Net Income	−41 790 000	350 338 000	−344 003 000	−49 126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 826 000	6 970 000	9 624 000	29 293 000
Total Current Assets	2 034 374 000	1 456 356 000	1 145 591 000	1 336 379 000
Total Assets	2 041 199 000	1 463 326 000	1 155 214 000	1 365 671 000
Total Retained Equity	24 567 000	66 357 000	−283 980 000	60 023 000
Total Equity	1 438 550 000	1 443 680 000	1 081 642 000	1 161 925 000
Total Long-Term Debt	1 521 000	1 708 000	1 739 000	1 848 000
Total Current Debt	601 129 000	17 938 000	71 833 000	201 898 000
Total Equity and Debt	2 041 199 000	1 463 326 000	1 155 214 000	1 365 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	318 000	352 000	708 000	1 551 000
Other Income	0	0	0	0
Revenue	318 000	352 000	708 000	1 551 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	13 138 000	83 051 000
Depreciation	174 000	291 000	1 010 000	1 083 000
Impairment	0	0	0	0
Expenditure	55 003 000	25 448 000	21 541 000	90 323 000
Operating Profit	−54 685 000	−25 097 000	−20 833 000	−88 772 000
Financial Income	139 497 000	43 073 000	8 741 000	70 950 000
Financial Costs	137 060 000	−329 198 000	335 041 000	42 756 000
Financial Balance	2 437 000	372 271 000	−326 300 000	28 194 000
Dividends	0	0	0	0
Net Income	−41 790 000	350 338 000	−344 003 000	−49 126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	0	28 000	13 838 000
Real Eastate	6 786 000	6 786 000	6 786 000	6 786 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	174 000	2 718 000	4 697 000
Total Tangible Assets	6 786 000	6 960 000	9 504 000	11 483 000
Total Fiancial Fixed Assets	0	10 000	91 000	3 971 000
Total Fixed Assets	6 826 000	6 970 000	9 624 000	29 293 000
Stock	0	0	0	0
Total Investments	1 247 768 000	1 371 151 000	863 162 000	1 119 094 000
Cash, Bank	90 831 000	21 527 000	16 712 000	30 268 000
Total Current Assets	2 034 374 000	1 456 356 000	1 145 591 000	1 336 379 000
Total Assets	2 041 199 000	1 463 326 000	1 155 214 000	1 365 671 000
Total Equity	1 438 550 000	1 443 680 000	1 081 642 000	1 161 925 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 521 000	1 708 000	1 739 000	1 848 000
Creditors	15 780 000	12 676 000	232 000	746 000
Unpaid Taxes	2 756 000	560 000	1 715 000	1 526 000
Dividends	0	0	0	0
Other Current Debt	582 593 000	4 674 000	69 885 000	199 626 000
Total Current Debt	601 129 000	17 938 000	71 833 000	201 898 000
Total Equity and Debt	2 041 199 000	1 463 326 000	1 155 214 000	1 365 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,91 %	24,27 %	−31,8 %	−4,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−17 196,54 %	−7 129,83 %	−2 942,51 %	−5 723,53 %
Current Ratio	3,38	81,19	15,95	6,62
Quick Ratio	3,38	81,19	15,95	6,62
Equity Ratio	0,7	0,99	0,94	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %