ARES AS

1383 ASKER

Finances

Return on Equity

−12,56 %

Current Ratio

52,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	122 000	148 000	145 000	190 000
Net Income	−1 839 000	3 277 000	2 502 000	1 372 000
Total Assets	14 927 000	16 935 000	15 759 000	13 320 000
Total Equity	14 643 000	16 741 000	13 583 000	13 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	122 000	148 000	145 000	190 000
Expenditure	80 000	76 000	83 000	76 000
Operating Profit	42 000	72 000	62 000	114 000
Financial Income	633 000	3 454 000	2 730 000	1 550 000
Financial Costs	2 501 000	228 000	271 000	237 000
Financial Balance	−1 868 000	3 226 000	2 459 000	1 313 000
Earnings Before Tax	−1 826 000	3 298 000	2 521 000	1 426 000
Tax	13 000	20 000	19 000	54 000
Net Income	−1 839 000	3 277 000	2 502 000	1 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	14 927 000	16 935 000	15 759 000	13 320 000
Total Assets	14 927 000	16 935 000	15 759 000	13 320 000
Total Retained Equity	14 613 000	16 711 000	13 553 000	13 151 000
Total Equity	14 643 000	16 741 000	13 583 000	13 181 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	284 000	195 000	2 175 000	139 000
Total Equity and Debt	14 927 000	16 935 000	15 759 000	13 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	122 000	148 000	145 000	190 000
Other Income	0	0	0	0
Revenue	122 000	148 000	145 000	190 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 000	0	4 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	80 000	76 000	83 000	76 000
Operating Profit	42 000	72 000	62 000	114 000
Financial Income	633 000	3 454 000	2 730 000	1 550 000
Financial Costs	2 501 000	228 000	271 000	237 000
Financial Balance	−1 868 000	3 226 000	2 459 000	1 313 000
Dividends	258 000	120 000	2 100 000	0
Net Income	−1 839 000	3 277 000	2 502 000	1 372 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	14 035 000	16 122 000	13 148 000	11 537 000
Cash, Bank	866 000	704 000	2 585 000	1 684 000
Total Current Assets	14 927 000	16 935 000	15 759 000	13 320 000
Total Assets	14 927 000	16 935 000	15 759 000	13 320 000
Total Equity	14 643 000	16 741 000	13 583 000	13 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	0	0	0
Unpaid Taxes	13 000	26 000	34 000	14 000
Dividends	258 000	120 000	2 100 000	0
Other Current Debt	−8 000	28 000	25 000	73 000
Total Current Debt	284 000	195 000	2 175 000	139 000
Total Equity and Debt	14 927 000	16 935 000	15 759 000	13 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,56 %	19,57 %	18,42 %	10,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,43 %	48,65 %	42,76 %	60 %
Current Ratio	52,56	86,85	7,25	95,83
Quick Ratio	52,56	86,85	7,25	95,83
Equity Ratio	0,98	0,99	0,86	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %