ARRIBATEC GROUP ASA

0585 OSLO

Finances

Return on Equity

−29,58 %

Current Ratio

1,04

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	504 968 000	413 938 000	154 024 000	8 660 000
Net Income	−83 393 000	−48 859 000	−55 620 000	−33 386 000
Total Assets	515 362 000	552 027 000	411 137 000	6 114 000
Total Equity	281 927 000	316 506 000	316 214 000	−2 027 000

Income (NOK)	2022	2021	2020	2019
Revenue	504 968 000	413 938 000	154 024 000	8 660 000
Expenditure	595 308 000	463 709 000	206 524 000	41 325 000
Operating Profit	−90 340 000	−49 771 000	−52 499 000	−32 665 000
Financial Income	5 192 000	2 597 000	1 247 000	23 000
Financial Costs	5 280 000	6 487 000	2 945 000	744 000
Financial Balance	−88 000	−3 890 000	−1 698 000	−721 000
Earnings Before Tax	−90 428 000	−53 661 000	−54 197 000	−33 386 000
Tax	−7 035 000	−4 802 000	1 424 000	0
Net Income	−83 393 000	−48 859 000	−55 620 000	−33 386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	347 034 000	374 257 000	152 689 000	200 000
Total Current Assets	168 328 000	177 770 000	258 448 000	5 914 000
Total Assets	515 362 000	552 027 000	411 137 000	6 114 000
Total Retained Equity	−127 079 000	−43 967 000	4 501 000	−242 476 000
Total Equity	281 927 000	316 506 000	316 214 000	−2 027 000
Total Long-Term Debt	71 369 000	87 018 000	16 843 000	0
Total Current Debt	162 066 000	148 505 000	78 080 000	8 141 000
Total Equity and Debt	515 362 000	552 029 000	411 137 000	6 114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	504 968 000	413 938 000	154 024 000	8 563 000
Other Income	0	0	0	97 000
Revenue	504 968 000	413 938 000	154 024 000	8 660 000
Cost of Goods Sold	115 035 000	92 859 000	17 609 000	5 542 000
Salary Costs	338 800 000	272 679 000	99 143 000	7 091 000
Depreciation	56 232 000	42 970 000	7 240 000	520 000
Impairment	0	0	0	11 217 000
Expenditure	595 308 000	463 709 000	206 524 000	41 325 000
Operating Profit	−90 340 000	−49 771 000	−52 499 000	−32 665 000
Financial Income	5 192 000	2 597 000	1 247 000	23 000
Financial Costs	5 280 000	6 487 000	2 945 000	744 000
Financial Balance	−88 000	−3 890 000	−1 698 000	−721 000
Dividends	0	0	0	0
Net Income	−83 393 000	−48 859 000	−55 620 000	−33 386 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	204 581 000	205 279 000	93 827 000	0
Total Intangible Assets	335 193 000	356 134 000	148 486 000	200 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 517 000	7 445 000	3 258 000	0
Fixtures	0	0	0	0
Total Tangible Assets	6 517 000	7 445 000	3 258 000	0
Total Fiancial Fixed Assets	5 324 000	10 678 000	945 000	0
Total Fixed Assets	347 034 000	374 257 000	152 689 000	200 000
Stock	0	0	0	1 453 000
Total Investments	0	0	0	0
Cash, Bank	40 449 000	43 758 000	188 270 000	3 358 000
Total Current Assets	168 328 000	177 770 000	258 448 000	5 914 000
Total Assets	515 362 000	552 027 000	411 137 000	6 114 000
Total Equity	281 927 000	316 506 000	316 214 000	−2 027 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	71 369 000	87 018 000	16 843 000	0
Creditors	31 879 000	21 227 000	23 966 000	2 922 000
Unpaid Taxes	0	0	0	772 000
Dividends	0	0	0	0
Other Current Debt	117 209 000	116 709 000	43 472 000	4 370 000
Total Current Debt	162 066 000	148 505 000	78 080 000	8 141 000
Total Equity and Debt	515 362 000	552 029 000	411 137 000	6 114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,58 %	−15,44 %	−17,59 %	1 647,06 %
Debt-to-Equity Ratio	0,25	0,27	0,05	−0
Operating Profit Margin	−17,89 %	−12,02 %	−34,08 %	−377,19 %
Current Ratio	1,04	1,2	3,31	0,73
Quick Ratio	1,04	1,2	3,31	0,88
Equity Ratio	0,55	0,57	0,77	−0,33
Gross Profit Margin	77,22 %	77,57 %	88,57 %	36 %