GOAREN AS

1168 OSLO

Finances

Return on Equity

−2,5 %

Current Ratio

472,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 000	286 000	0	3 596 000
Net Income	−507 000	387 000	−3 897 000	1 664 000
Total Assets	20 324 000	21 012 000	20 929 000	25 175 000
Total Equity	20 281 000	20 788 000	20 600 000	24 717 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 000	286 000	0	3 596 000
Expenditure	611 000	−77 000	3 965 000	2 085 000
Operating Profit	−610 000	363 000	−3 965 000	1 510 000
Financial Income	125 000	25 000	80 000	213 000
Financial Costs	0	0	0	0
Financial Balance	125 000	25 000	80 000	213 000
Earnings Before Tax	−485 000	388 000	−3 885 000	1 723 000
Tax	22 000	0	12 000	59 000
Net Income	−507 000	387 000	−3 897 000	1 664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 774 000	2 634 000	2 634 000
Total Current Assets	20 324 000	19 237 000	18 295 000	22 541 000
Total Assets	20 324 000	21 012 000	20 929 000	25 175 000
Total Retained Equity	19 609 000	20 116 000	19 929 000	24 046 000
Total Equity	20 281 000	20 788 000	20 600 000	24 717 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	43 000	224 000	329 000	458 000
Total Equity and Debt	20 324 000	21 012 000	20 929 000	25 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 000	286 000	0	3 596 000
Revenue	2 000	286 000	0	3 596 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	611 000	−77 000	3 965 000	2 085 000
Operating Profit	−610 000	363 000	−3 965 000	1 510 000
Financial Income	125 000	25 000	80 000	213 000
Financial Costs	0	0	0	0
Financial Balance	125 000	25 000	80 000	213 000
Dividends	0	200 000	220 000	300 000
Net Income	−507 000	387 000	−3 897 000	1 664 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	1 774 000	2 634 000	2 634 000
Total Fixed Assets	0	1 774 000	2 634 000	2 634 000
Stock	0	0	0	0
Total Investments	12 087 000	12 258 000	2 057 000	5 996 000
Cash, Bank	8 237 000	6 980 000	16 238 000	16 545 000
Total Current Assets	20 324 000	19 237 000	18 295 000	22 541 000
Total Assets	20 324 000	21 012 000	20 929 000	25 175 000
Total Equity	20 281 000	20 788 000	20 600 000	24 717 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	97 000	99 000
Unpaid Taxes	0	0	0	0
Dividends	0	200 000	220 000	300 000
Other Current Debt	20 000	23 000	0	0
Total Current Debt	43 000	224 000	329 000	458 000
Total Equity and Debt	20 324 000	21 012 000	20 929 000	25 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,5 %	1,86 %	−18,92 %	6,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−30 500 %	126,92 %	-	41,99 %
Current Ratio	472,65	85,88	55,61	49,22
Quick Ratio	472,65	85,88	55,61	49,22
Equity Ratio	1	0,99	0,98	0,98
Gross Profit Margin	100 %	100 %	-	100 %