ARNIKA AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

−95,14 %

Current Ratio

1,18

Debt-to-Equity Ratio

2,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 139 000	44 273 000	42 362 000	32 671 000
Net Income	−529 000	60 000	80 000	554 000
Total Assets	9 197 000	10 665 000	9 906 000	9 023 000
Total Equity	556 000	1 085 000	1 026 000	1 246 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 139 000	44 273 000	42 362 000	32 671 000
Expenditure	41 570 000	43 999 000	41 966 000	31 773 000
Operating Profit	−430 000	275 000	396 000	898 000
Financial Income	353 000	177 000	229 000	107 000
Financial Costs	472 000	374 000	521 000	315 000
Financial Balance	−119 000	−197 000	−292 000	−208 000
Earnings Before Tax	−549 000	78 000	104 000	691 000
Tax	−20 000	19 000	25 000	137 000
Net Income	−529 000	60 000	80 000	554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	667 000	1 043 000	646 000	580 000
Total Current Assets	8 530 000	9 622 000	9 260 000	8 443 000
Total Assets	9 197 000	10 665 000	9 906 000	9 023 000
Total Retained Equity	329 000	859 000	799 000	1 019 000
Total Equity	556 000	1 085 000	1 026 000	1 246 000
Total Long-Term Debt	1 432 000	1 911 000	1 107 000	214 000
Total Current Debt	7 208 000	7 669 000	7 774 000	7 563 000
Total Equity and Debt	9 197 000	10 665 000	9 906 000	9 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 153 000	44 273 000	42 318 000	32 642 000
Other Income	−14 000	0	44 000	29 000
Revenue	41 139 000	44 273 000	42 362 000	32 671 000
Cost of Goods Sold	27 324 000	30 154 000	30 555 000	22 124 000
Salary Costs	4 900 000	4 441 000	3 855 000	3 145 000
Depreciation	230 000	192 000	150 000	66 000
Impairment	0	0	0	0
Expenditure	41 570 000	43 999 000	41 966 000	31 773 000
Operating Profit	−430 000	275 000	396 000	898 000
Financial Income	353 000	177 000	229 000	107 000
Financial Costs	472 000	374 000	521 000	315 000
Financial Balance	−119 000	−197 000	−292 000	−208 000
Dividends	0	0	300 000	500 000
Net Income	−529 000	60 000	80 000	554 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	183 000	267 000	352 000	276 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	484 000	776 000	294 000	304 000
Total Tangible Assets	484 000	776 000	294 000	304 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	667 000	1 043 000	646 000	580 000
Stock	4 413 000	5 261 000	5 237 000	4 372 000
Total Investments	0	0	0	0
Cash, Bank	202 000	193 000	259 000	268 000
Total Current Assets	8 530 000	9 622 000	9 260 000	8 443 000
Total Assets	9 197 000	10 665 000	9 906 000	9 023 000
Total Equity	556 000	1 085 000	1 026 000	1 246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 432 000	1 911 000	1 107 000	214 000
Creditors	3 496 000	4 596 000	3 539 000	3 617 000
Unpaid Taxes	1 109 000	1 105 000	882 000	611 000
Dividends	0	0	300 000	500 000
Other Current Debt	592 000	670 000	711 000	570 000
Total Current Debt	7 208 000	7 669 000	7 774 000	7 563 000
Total Equity and Debt	9 197 000	10 665 000	9 906 000	9 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−95,14 %	5,53 %	7,8 %	44,46 %
Debt-to-Equity Ratio	2,58	1,76	1,08	0,17
Operating Profit Margin	−1,05 %	0,62 %	0,93 %	2,75 %
Current Ratio	1,18	1,25	1,19	1,12
Quick Ratio	3,05	4	3,65	2,65
Equity Ratio	0,06	0,1	0,1	0,14
Gross Profit Margin	33,58 %	31,89 %	27,87 %	32,28 %