ARVAKER AS

2910 AURDAL

Finances

Return on Equity

4,22 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2019	2018	2017	2016
Revenue	624 000	1 666 000	749 000	3 012 000
Net Income	227 000	1 544 000	381 000	2 547 000
Total Assets	27 504 000	11 130 000	11 433 000	14 741 000
Total Equity	5 383 000	5 156 000	3 612 000	3 230 000

Income (NOK)	2019	2018	2017	2016
Revenue	624 000	1 666 000	749 000	3 012 000
Expenditure	147 000	0	227 000	185 000
Operating Profit	476 000	1 666 000	522 000	2 828 000
Financial Income	0	0	6 000	0
Financial Costs	249 000	122 000	147 000	276 000
Financial Balance	−249 000	−122 000	−141 000	−276 000
Earnings Before Tax	227 000	1 544 000	381 000	2 552 000
Tax	0	0	0	4 000
Net Income	227 000	1 544 000	381 000	2 547 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	0	0	0	0
Total Current Assets	27 504 000	11 130 000	11 433 000	14 741 000
Total Assets	27 504 000	11 130 000	11 433 000	14 741 000
Total Retained Equity	5 283 000	5 056 000	3 512 000	3 130 000
Total Equity	5 383 000	5 156 000	3 612 000	3 230 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 121 000	5 975 000	7 822 000	11 510 000
Total Equity and Debt	27 504 000	11 130 000	11 433 000	14 741 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	624 000	1 666 000	660 000	2 735 000
Other Income	0	0	90 000	277 000
Revenue	624 000	1 666 000	749 000	3 012 000
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	147 000	0	227 000	185 000
Operating Profit	476 000	1 666 000	522 000	2 828 000
Financial Income	0	0	6 000	0
Financial Costs	249 000	122 000	147 000	276 000
Financial Balance	−249 000	−122 000	−141 000	−276 000
Dividends	0	0	0	0
Net Income	227 000	1 544 000	381 000	2 547 000

Balance details (NOK)	2019	2018	2017	2016
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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	27 204 000	11 130 000	11 433 000	14 741 000
Cash, Bank	300 000	0	0	0
Total Current Assets	27 504 000	11 130 000	11 433 000	14 741 000
Total Assets	27 504 000	11 130 000	11 433 000	14 741 000
Total Equity	5 383 000	5 156 000	3 612 000	3 230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	22 121 000	5 975 000	0	0
Total Current Debt	22 121 000	5 975 000	7 822 000	11 510 000
Total Equity and Debt	27 504 000	11 130 000	11 433 000	14 741 000

Financial indicators	2019	2018	2017	2016
Return on Equity	4,22 %	29,95 %	10,55 %	78,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	76,28 %	100 %	69,69 %	93,89 %
Current Ratio	1,24	1,86	1,46	1,28
Quick Ratio	1,24	1,86	1,46	1,28
Equity Ratio	0,2	0,46	0,32	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %