ARBAFLAME TECHNOLOGY AS

2235 MATRAND

Finances

Share Ownership

Return on Equity

15,73 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−819 000	−922 000	−590 000	−701 000
Total Assets	1 000	5 000	2 000	2 000
Total Equity	−5 207 000	−4 388 000	−3 466 000	−2 876 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	819 000	920 000	590 000	701 000
Operating Profit	−819 000	−921 000	−590 000	−701 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Earnings Before Tax	−819 000	−922 000	−590 000	−701 000
Tax	0	0	0	0
Net Income	−819 000	−922 000	−590 000	−701 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 000	5 000	2 000	2 000
Total Assets	1 000	5 000	2 000	2 000
Total Retained Equity	−5 307 000	−4 488 000	−3 566 000	−2 976 000
Total Equity	−5 207 000	−4 388 000	−3 466 000	−2 876 000
Total Long-Term Debt	5 085 000	4 361 000	3 440 000	2 846 000
Total Current Debt	123 000	33 000	28 000	32 000
Total Equity and Debt	1 000	5 000	2 000	2 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	819 000	920 000	590 000	701 000
Operating Profit	−819 000	−921 000	−590 000	−701 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Dividends	0	0	0	0
Net Income	−819 000	−922 000	−590 000	−701 000

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	0	0	0	0
Cash, Bank	1 000	5 000	2 000	2 000
Total Current Assets	1 000	5 000	2 000	2 000
Total Assets	1 000	5 000	2 000	2 000
Total Equity	−5 207 000	−4 388 000	−3 466 000	−2 876 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 085 000	4 361 000	3 440 000	2 846 000
Creditors	125 000	37 000	30 000	35 000
Unpaid Taxes	−1 000	−4 000	−2 000	−3 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	123 000	33 000	28 000	32 000
Total Equity and Debt	1 000	5 000	2 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,73 %	21,01 %	17,02 %	24,37 %
Debt-to-Equity Ratio	−0,98	−0,99	−0,99	−0,99
Operating Profit Margin	-	-	-	-
Current Ratio	0,01	0,15	0,07	0,06
Quick Ratio	0,01	0,15	0,07	0,06
Equity Ratio	−5 207	−877,6	−1 733	−1 438
Gross Profit Margin	-	-	-	-