ARITEC AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

0,47 %

Current Ratio

38,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	385 000	53 000	486 000	1 795 000
Net Income	33 000	−151 000	−440 000	288 000
Total Assets	7 249 000	7 148 000	7 771 000	8 428 000
Total Equity	7 063 000	7 030 000	7 581 000	8 021 000

Income (NOK)	2022	2021	2020	2019
Revenue	385 000	53 000	486 000	1 795 000
Expenditure	438 000	308 000	1 040 000	1 654 000
Operating Profit	−53 000	−255 000	−555 000	142 000
Financial Income	86 000	104 000	115 000	146 000
Financial Costs	0	0	0	0
Financial Balance	86 000	104 000	115 000	146 000
Earnings Before Tax	33 000	−151 000	−440 000	288 000
Tax	0	0	0	0
Net Income	33 000	−151 000	−440 000	288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	110 000	140 000	0
Total Current Assets	7 169 000	7 038 000	7 631 000	8 428 000
Total Assets	7 249 000	7 148 000	7 771 000	8 428 000
Total Retained Equity	6 963 000	6 930 000	7 481 000	7 921 000
Total Equity	7 063 000	7 030 000	7 581 000	8 021 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	186 000	118 000	190 000	407 000
Total Equity and Debt	7 249 000	7 148 000	7 771 000	8 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	385 000	53 000	486 000	1 795 000
Other Income	0	0	0	0
Revenue	385 000	53 000	486 000	1 795 000
Cost of Goods Sold	0	0	0	0
Salary Costs	363 000	181 000	831 000	1 424 000
Depreciation	30 000	30 000	10 000	0
Impairment	0	0	0	0
Expenditure	438 000	308 000	1 040 000	1 654 000
Operating Profit	−53 000	−255 000	−555 000	142 000
Financial Income	86 000	104 000	115 000	146 000
Financial Costs	0	0	0	0
Financial Balance	86 000	104 000	115 000	146 000
Dividends	0	400 000	0	0
Net Income	33 000	−151 000	−440 000	288 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	80 000	110 000	140 000	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	0	0	0	0
Total Fixed Assets	80 000	110 000	140 000	0
Stock	0	0	0	0
Total Investments	531 000	531 000	0	0
Cash, Bank	6 418 000	6 479 000	7 595 000	8 156 000
Total Current Assets	7 169 000	7 038 000	7 631 000	8 428 000
Total Assets	7 249 000	7 148 000	7 771 000	8 428 000
Total Equity	7 063 000	7 030 000	7 581 000	8 021 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	1 000	2 000
Unpaid Taxes	83 000	25 000	29 000	203 000
Dividends	0	400 000	0	0
Other Current Debt	102 000	92 000	160 000	202 000
Total Current Debt	186 000	118 000	190 000	407 000
Total Equity and Debt	7 249 000	7 148 000	7 771 000	8 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,47 %	−2,15 %	−5,8 %	3,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,77 %	−481,13 %	−114,2 %	7,91 %
Current Ratio	38,54	59,64	40,16	20,71
Quick Ratio	38,54	59,64	40,16	20,71
Equity Ratio	0,97	0,98	0,98	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %