ARITECH AS

5417 STORD

Finances

Return on Equity

49,21 %

Current Ratio

1,11

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	309 150 000	164 971 000	112 193 000	94 238 000
Net Income	7 378 000	11 355 000	367 000	850 000
Total Assets	111 811 000	70 305 000	47 777 000	24 083 000
Total Equity	14 993 000	14 605 000	8 531 000	3 164 000

Income (NOK)	2022	2021	2020	2019
Revenue	309 150 000	164 971 000	112 193 000	94 238 000
Expenditure	298 624 000	156 449 000	112 097 000	93 228 000
Operating Profit	10 527 000	8 523 000	96 000	1 010 000
Financial Income	240 000	3 019 000	428 000	12 000
Financial Costs	1 519 000	218 000	157 000	171 000
Financial Balance	−1 279 000	2 801 000	271 000	−159 000
Earnings Before Tax	9 248 000	11 324 000	367 000	850 000
Tax	1 870 000	−31 000	0	0
Net Income	7 378 000	11 355 000	367 000	850 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 018 000	12 237 000	11 454 000	460 000
Total Current Assets	87 793 000	58 068 000	36 323 000	23 623 000
Total Assets	111 811 000	70 305 000	47 777 000	24 083 000
Total Retained Equity	7 921 000	557 000	−10 798 000	−11 165 000
Total Equity	14 993 000	14 605 000	8 531 000	3 164 000
Total Long-Term Debt	17 965 000	5 831 000	7 981 000	231 000
Total Current Debt	78 853 000	49 869 000	31 265 000	20 688 000
Total Equity and Debt	111 811 000	70 305 000	47 777 000	24 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	309 143 000	164 588 000	112 009 000	93 702 000
Other Income	8 000	383 000	184 000	536 000
Revenue	309 150 000	164 971 000	112 193 000	94 238 000
Cost of Goods Sold	152 865 000	92 312 000	60 244 000	41 486 000
Salary Costs	115 199 000	51 686 000	39 876 000	40 398 000
Depreciation	2 135 000	466 000	247 000	390 000
Impairment	0	0	139 000	206 000
Expenditure	298 624 000	156 449 000	112 097 000	93 228 000
Operating Profit	10 527 000	8 523 000	96 000	1 010 000
Financial Income	240 000	3 019 000	428 000	12 000
Financial Costs	1 519 000	218 000	157 000	171 000
Financial Balance	−1 279 000	2 801 000	271 000	−159 000
Dividends	0	5 281 000	0	0
Net Income	7 378 000	11 355 000	367 000	850 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	18 499 000	0	0	0
Total Intangible Assets	18 499 000	31 000	0	0
Real Eastate	0	0	0	110 000
Machinery and Plant Facilities	1 119 000	916 000	2 000	15 000
Fixtures	1 501 000	1 036 000	1 147 000	282 000
Total Tangible Assets	2 620 000	1 953 000	1 149 000	407 000
Total Fiancial Fixed Assets	2 899 000	10 253 000	10 305 000	53 000
Total Fixed Assets	24 018 000	12 237 000	11 454 000	460 000
Stock	5 925 000	2 196 000	2 455 000	2 698 000
Total Investments	0	0	0	0
Cash, Bank	7 696 000	16 646 000	6 284 000	1 372 000
Total Current Assets	87 793 000	58 068 000	36 323 000	23 623 000
Total Assets	111 811 000	70 305 000	47 777 000	24 083 000
Total Equity	14 993 000	14 605 000	8 531 000	3 164 000
Short-Term Group Debt	4 147 000	131 000	0	0
Total Long-Term Debt	17 965 000	5 831 000	7 981 000	231 000
Creditors	20 879 000	17 397 000	9 416 000	6 710 000
Unpaid Taxes	14 736 000	5 344 000	5 633 000	4 163 000
Dividends	0	5 281 000	0	0
Other Current Debt	25 007 000	26 997 000	16 216 000	6 233 000
Total Current Debt	78 853 000	49 869 000	31 265 000	20 688 000
Total Equity and Debt	111 811 000	70 305 000	47 777 000	24 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,21 %	77,75 %	4,3 %	26,86 %
Debt-to-Equity Ratio	1,2	0,4	0,94	0,07
Operating Profit Margin	3,41 %	5,17 %	0,09 %	1,07 %
Current Ratio	1,11	1,16	1,16	1,14
Quick Ratio	1,2	1,22	1,26	1,31
Equity Ratio	0,13	0,21	0,18	0,13
Gross Profit Margin	50,55 %	44,04 %	46,3 %	55,98 %