AARNSETH AS

0286 OSLO

Finances

Return on Equity

−5,23 %

Current Ratio

3,19

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 352 000	2 509 000	2 516 000	0
Net Income	−505 000	93 000	1 316 000	13 791 000
Total Assets	17 110 000	19 450 000	15 960 000	19 991 000
Total Equity	9 660 000	12 165 000	15 459 000	19 944 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 352 000	2 509 000	2 516 000	0
Expenditure	2 857 000	2 735 000	1 145 000	380 000
Operating Profit	495 000	−227 000	1 370 000	−380 000
Financial Income	46 000	605 000	293 000	12 448 000
Financial Costs	1 001 000	316 000	27 000	1 000
Financial Balance	−955 000	289 000	266 000	12 447 000
Earnings Before Tax	−460 000	63 000	1 635 000	12 067 000
Tax	45 000	−30 000	320 000	−1 725 000
Net Income	−505 000	93 000	1 316 000	13 791 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 772 000	15 729 000	5 742 000	0
Total Current Assets	1 338 000	3 721 000	10 217 000	19 991 000
Total Assets	17 110 000	19 450 000	15 960 000	19 991 000
Total Retained Equity	8 833 000	11 338 000	14 632 000	19 117 000
Total Equity	9 660 000	12 165 000	15 459 000	19 944 000
Total Long-Term Debt	7 031 000	7 066 000	30 000	3 000
Total Current Debt	419 000	219 000	470 000	44 000
Total Equity and Debt	17 110 000	19 450 000	15 960 000	19 991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 994 000	2 437 000	2 516 000	0
Other Income	358 000	72 000	0	0
Revenue	3 352 000	2 509 000	2 516 000	0
Cost of Goods Sold	31 000	1 000	7 000	0
Salary Costs	1 111 000	1 132 000	751 000	0
Depreciation	628 000	552 000	133 000	0
Impairment	0	0	0	0
Expenditure	2 857 000	2 735 000	1 145 000	380 000
Operating Profit	495 000	−227 000	1 370 000	−380 000
Financial Income	46 000	605 000	293 000	12 448 000
Financial Costs	1 001 000	316 000	27 000	1 000
Financial Balance	−955 000	289 000	266 000	12 447 000
Dividends	2 000 000	3 387 000	5 800 000	0
Net Income	−505 000	93 000	1 316 000	13 791 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 044 000	9 196 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 728 000	1 534 000	742 000	0
Total Tangible Assets	10 772 000	10 729 000	742 000	0
Total Fiancial Fixed Assets	5 000 000	5 000 000	5 000 000	0
Total Fixed Assets	15 772 000	15 729 000	5 742 000	0
Stock	0	0	0	0
Total Investments	246 000	1 841 000	1 335 000	0
Cash, Bank	482 000	1 046 000	8 571 000	19 991 000
Total Current Assets	1 338 000	3 721 000	10 217 000	19 991 000
Total Assets	17 110 000	19 450 000	15 960 000	19 991 000
Total Equity	9 660 000	12 165 000	15 459 000	19 944 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 031 000	7 066 000	30 000	3 000
Creditors	140 000	102 000	11 000	37 000
Unpaid Taxes	91 000	14 000	60 000	0
Dividends	2 000 000	3 387 000	5 800 000	0
Other Current Debt	143 000	102 000	107 000	7 000
Total Current Debt	419 000	219 000	470 000	44 000
Total Equity and Debt	17 110 000	19 450 000	15 960 000	19 991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,23 %	0,76 %	8,51 %	69,15 %
Debt-to-Equity Ratio	0,73	0,58	0	0
Operating Profit Margin	14,77 %	−9,05 %	54,45 %	-
Current Ratio	3,19	16,99	21,74	454,34
Quick Ratio	3,19	16,99	21,74	454,34
Equity Ratio	0,56	0,63	0,97	1
Gross Profit Margin	99,08 %	99,96 %	99,72 %	-