ARM NORWAY AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

26,1 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	484 495 000	357 767 000	309 433 000	269 233 000
Net Income	24 998 000	18 312 000	15 779 000	13 950 000
Total Assets	372 607 000	250 334 000	195 017 000	147 855 000
Total Equity	95 785 000	70 787 000	52 475 000	36 696 000

Income (NOK)	2023	2022	2021	2020
Revenue	484 495 000	357 767 000	309 433 000	269 233 000
Expenditure	452 912 000	334 318 000	289 600 000	251 486 000
Operating Profit	31 582 000	23 449 000	19 834 000	17 747 000
Financial Income	633 000	108 000	509 000	279 000
Financial Costs	145 000	78 000	110 000	120 000
Financial Balance	488 000	30 000	399 000	159 000
Earnings Before Tax	32 070 000	23 479 000	20 233 000	17 906 000
Tax	7 072 000	5 166 000	4 454 000	3 957 000
Net Income	24 998 000	18 312 000	15 779 000	13 950 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	15 572 000	14 806 000	16 669 000	12 568 000
Total Current Assets	357 035 000	235 528 000	178 348 000	135 287 000
Total Assets	372 607 000	250 334 000	195 017 000	147 855 000
Total Retained Equity	−85 940 000	−110 938 000	−129 250 000	−145 029 000
Total Equity	95 785 000	70 787 000	52 475 000	36 696 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	276 822 000	179 547 000	142 542 000	111 159 000
Total Equity and Debt	372 607 000	250 334 000	195 017 000	147 855 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	482 756 000	357 767 000	309 433 000	269 233 000
Other Income	1 739 000	0	0	0
Revenue	484 495 000	357 767 000	309 433 000	269 233 000
Cost of Goods Sold	0	0	0	0
Salary Costs	431 211 000	313 694 000	268 337 000	226 550 000
Depreciation	4 836 000	5 364 000	5 633 000	5 892 000
Impairment	0	0	0	0
Expenditure	452 912 000	334 318 000	289 600 000	251 486 000
Operating Profit	31 582 000	23 449 000	19 834 000	17 747 000
Financial Income	633 000	108 000	509 000	279 000
Financial Costs	145 000	78 000	110 000	120 000
Financial Balance	488 000	30 000	399 000	159 000
Dividends	0	0	0	0
Net Income	24 998 000	18 312 000	15 779 000	13 950 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	374 000	843 000	874 000	980 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 516 000	10 281 000	12 114 000	7 909 000
Total Tangible Assets	11 516 000	10 281 000	12 114 000	7 909 000
Total Fiancial Fixed Assets	3 682 000	3 682 000	3 682 000	3 680 000
Total Fixed Assets	15 572 000	14 806 000	16 669 000	12 568 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 590 000	53 387 000	62 945 000	47 367 000
Total Current Assets	357 035 000	235 528 000	178 348 000	135 287 000
Total Assets	372 607 000	250 334 000	195 017 000	147 855 000
Total Equity	95 785 000	70 787 000	52 475 000	36 696 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	125 913 000	238 000	1 729 000	553 000
Unpaid Taxes	12 339 000	11 576 000	10 671 000	9 230 000
Dividends	0	0	0	0
Other Current Debt	131 181 000	162 474 000	125 449 000	94 732 000
Total Current Debt	276 822 000	179 547 000	142 542 000	111 159 000
Total Equity and Debt	372 607 000	250 334 000	195 017 000	147 855 000

Financial indicators	2023	2022	2021	2020
Return on Equity	26,1 %	25,87 %	30,07 %	38,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,52 %	6,55 %	6,41 %	6,59 %
Current Ratio	1,29	1,31	1,25	1,22
Quick Ratio	1,29	1,31	1,25	1,22
Equity Ratio	0,26	0,28	0,27	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %