ARX INNOVATION AS

3027 DRAMMEN

Finances

Return on Equity

113,48 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 000	84 000	179 000	3 638 000
Net Income	−101 000	−1 309 000	−79 000	8 000
Total Assets	189 000	87 000	1 141 000	1 136 000
Total Equity	−89 000	12 000	772 000	850 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 000	84 000	179 000	3 638 000
Expenditure	135 000	1 584 000	465 000	3 867 000
Operating Profit	−101 000	−1 500 000	−286 000	−229 000
Financial Income	0	212 000	213 000	310 000
Financial Costs	0	22 000	6 000	74 000
Financial Balance	0	190 000	207 000	236 000
Earnings Before Tax	−101 000	−1 309 000	−79 000	8 000
Tax	0	0	0	0
Net Income	−101 000	−1 309 000	−79 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	171 000	79 000	139 000	166 000
Total Current Assets	18 000	8 000	1 003 000	970 000
Total Assets	189 000	87 000	1 141 000	1 136 000
Total Retained Equity	−3 939 000	−3 838 000	−2 529 000	−2 450 000
Total Equity	−89 000	12 000	772 000	850 000
Total Long-Term Debt	0	0	11 000	11 000
Total Current Debt	278 000	75 000	359 000	275 000
Total Equity and Debt	189 000	87 000	1 141 000	1 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 000	84 000	179 000	3 638 000
Other Income	0	0	0	0
Revenue	34 000	84 000	179 000	3 638 000
Cost of Goods Sold	0	0	0	2 827 000
Salary Costs	0	0	4 000	262 000
Depreciation	13 000	19 000	27 000	65 000
Impairment	0	41 000	0	0
Expenditure	135 000	1 584 000	465 000	3 867 000
Operating Profit	−101 000	−1 500 000	−286 000	−229 000
Financial Income	0	212 000	213 000	310 000
Financial Costs	0	22 000	6 000	74 000
Financial Balance	0	190 000	207 000	236 000
Dividends	0	0	0	0
Net Income	−101 000	−1 309 000	−79 000	8 000

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	35 000	35 000	76 000	76 000
Fixtures	31 000	44 000	63 000	90 000
Total Tangible Assets	66 000	79 000	139 000	166 000
Total Fiancial Fixed Assets	105 000	0	0	0
Total Fixed Assets	171 000	79 000	139 000	166 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	1 000	12 000	28 000
Total Current Assets	18 000	8 000	1 003 000	970 000
Total Assets	189 000	87 000	1 141 000	1 136 000
Total Equity	−89 000	12 000	772 000	850 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	11 000	11 000
Creditors	0	8 000	0	7 000
Unpaid Taxes	1 000	1 000	1 000	81 000
Dividends	0	0	0	0
Other Current Debt	277 000	67 000	357 000	187 000
Total Current Debt	278 000	75 000	359 000	275 000
Total Equity and Debt	189 000	87 000	1 141 000	1 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,48 %	−10 908,33 %	−10,23 %	0,94 %
Debt-to-Equity Ratio	−0	0	0,01	0,01
Operating Profit Margin	−297,06 %	−1 785,71 %	−159,78 %	−6,29 %
Current Ratio	0,06	0,11	2,79	3,53
Quick Ratio	0,06	0,11	2,79	3,53
Equity Ratio	−0,47	0,14	0,68	0,75
Gross Profit Margin	100 %	100 %	100 %	22,29 %