ARACO AS

7012 TRONDHEIM

Finances

Return on Equity

−6,11 %

Current Ratio

18,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 000	217 000	106 000	0
Net Income	−671 000	7 213 000	−1 760 000	2 353 000
Total Assets	11 460 000	13 100 000	17 688 000	19 475 000
Total Equity	10 990 000	13 061 000	14 849 000	17 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 000	217 000	106 000	0
Expenditure	243 000	134 000	216 000	220 000
Operating Profit	−174 000	82 000	−110 000	−220 000
Financial Income	792 000	7 273 000	1 480 000	4 897 000
Financial Costs	1 323 000	123 000	3 099 000	2 519 000
Financial Balance	−531 000	7 150 000	−1 619 000	2 378 000
Earnings Before Tax	−705 000	7 233 000	−1 729 000	2 158 000
Tax	−34 000	20 000	31 000	−195 000
Net Income	−671 000	7 213 000	−1 760 000	2 353 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 903 000	3 032 000	4 954 000	3 443 000
Total Current Assets	8 557 000	10 068 000	12 734 000	16 032 000
Total Assets	11 460 000	13 100 000	17 688 000	19 475 000
Total Retained Equity	10 670 000	12 741 000	14 529 000	17 089 000
Total Equity	10 990 000	13 061 000	14 849 000	17 409 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	470 000	39 000	2 839 000	2 066 000
Total Equity and Debt	11 460 000	13 100 000	17 688 000	19 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 000	100 000	106 000	0
Other Income	0	118 000	0	0
Revenue	68 000	217 000	106 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	1 000	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	243 000	134 000	216 000	220 000
Operating Profit	−174 000	82 000	−110 000	−220 000
Financial Income	792 000	7 273 000	1 480 000	4 897 000
Financial Costs	1 323 000	123 000	3 099 000	2 519 000
Financial Balance	−531 000	7 150 000	−1 619 000	2 378 000
Dividends	400 000	0	800 000	0
Net Income	−671 000	7 213 000	−1 760 000	2 353 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	386 000	352 000	372 000	402 000
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	2 517 000	2 681 000	4 582 000	3 040 000
Total Fixed Assets	2 903 000	3 032 000	4 954 000	3 443 000
Stock	0	0	0	0
Total Investments	8 410 000	9 350 000	12 598 000	15 409 000
Cash, Bank	147 000	718 000	128 000	588 000
Total Current Assets	8 557 000	10 068 000	12 734 000	16 032 000
Total Assets	11 460 000	13 100 000	17 688 000	19 475 000
Total Equity	10 990 000	13 061 000	14 849 000	17 409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	0	7 000	5 000
Unpaid Taxes	1 000	13 000	0	1 000
Dividends	400 000	0	800 000	0
Other Current Debt	31 000	27 000	2 032 000	2 061 000
Total Current Debt	470 000	39 000	2 839 000	2 066 000
Total Equity and Debt	11 460 000	13 100 000	17 688 000	19 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,11 %	55,23 %	−11,85 %	13,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−255,88 %	37,79 %	−103,77 %	-
Current Ratio	18,21	258,15	4,49	7,76
Quick Ratio	18,21	258,15	4,49	7,76
Equity Ratio	0,96	1	0,84	0,89
Gross Profit Margin	100 %	100 %	100 %	-