AR VEKST AS

5580 ØLEN

Finances

Return on Equity

24,22 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	588 000	913 000	1 716 000	999 000
Net Income	3 646 000	4 469 000	−643 000	1 197 000
Total Assets	33 300 000	22 799 000	21 898 000	21 095 000
Total Equity	15 056 000	11 411 000	6 836 000	7 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	588 000	913 000	1 716 000	999 000
Expenditure	693 000	1 393 000	1 533 000	630 000
Operating Profit	−104 000	−481 000	184 000	369 000
Financial Income	5 702 000	4 985 000	1 139 000	2 204 000
Financial Costs	1 952 000	−209 000	1 978 000	1 356 000
Financial Balance	3 750 000	5 194 000	−839 000	848 000
Earnings Before Tax	3 646 000	4 714 000	−656 000	1 217 000
Tax	0	245 000	−13 000	21 000
Net Income	3 646 000	4 469 000	−643 000	1 197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 627 000	3 417 000	3 402 000	3 300 000
Total Current Assets	26 673 000	19 382 000	18 496 000	17 795 000
Total Assets	33 300 000	22 799 000	21 898 000	21 095 000
Total Retained Equity	13 926 000	10 281 000	5 706 000	6 349 000
Total Equity	15 056 000	11 411 000	6 836 000	7 479 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 244 000	11 389 000	15 061 000	13 615 000
Total Equity and Debt	33 300 000	22 799 000	21 898 000	21 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	153 000	598 000	1 403 000	999 000
Other Income	435 000	315 000	314 000	0
Revenue	588 000	913 000	1 716 000	999 000
Cost of Goods Sold	0	0	0	0
Salary Costs	21 000	543 000	121 000	130 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	693 000	1 393 000	1 533 000	630 000
Operating Profit	−104 000	−481 000	184 000	369 000
Financial Income	5 702 000	4 985 000	1 139 000	2 204 000
Financial Costs	1 952 000	−209 000	1 978 000	1 356 000
Financial Balance	3 750 000	5 194 000	−839 000	848 000
Dividends	0	0	0	0
Net Income	3 646 000	4 469 000	−643 000	1 197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	140 000	127 000
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	6 627 000	3 417 000	3 262 000	3 173 000
Total Fixed Assets	6 627 000	3 417 000	3 402 000	3 300 000
Stock	0	0	0	0
Total Investments	26 663 000	19 372 000	18 440 000	17 602 000
Cash, Bank	10 000	10 000	9 000	59 000
Total Current Assets	26 673 000	19 382 000	18 496 000	17 795 000
Total Assets	33 300 000	22 799 000	21 898 000	21 095 000
Total Equity	15 056 000	11 411 000	6 836 000	7 479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	0	128 000
Unpaid Taxes	57 000	141 000	218 000	207 000
Dividends	0	0	0	0
Other Current Debt	5 454 000	2 073 000	6 365 000	2 289 000
Total Current Debt	18 244 000	11 389 000	15 061 000	13 615 000
Total Equity and Debt	33 300 000	22 799 000	21 898 000	21 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,22 %	39,16 %	−9,41 %	16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−17,69 %	−52,68 %	10,72 %	36,94 %
Current Ratio	1,46	1,7	1,23	1,31
Quick Ratio	1,46	1,7	1,23	1,31
Equity Ratio	0,45	0,5	0,31	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %