ARENA DRIFT AS

8626 MO I RANA

Finances

Share Ownership

Return on Equity

−5,64 %

Current Ratio

0,15

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 025 000	6 025 000	7 623 000	196 000
Net Income	163 000	39 000	3 137 000	−990 000
Total Assets	700 000	1 293 000	768 000	127 000
Total Equity	−2 888 000	−3 050 000	−3 089 000	−6 227 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 025 000	6 025 000	7 623 000	196 000
Expenditure	5 863 000	5 987 000	4 424 000	1 063 000
Operating Profit	163 000	38 000	3 199 000	−867 000
Financial Income	1 000	1 000	5 000	0
Financial Costs	2 000	0	66 000	123 000
Financial Balance	−1 000	1 000	−61 000	−123 000
Earnings Before Tax	163 000	39 000	3 137 000	−990 000
Tax	0	0	0	0
Net Income	163 000	39 000	3 137 000	−990 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	59 000	55 000	55 000
Total Current Assets	528 000	1 234 000	714 000	72 000
Total Assets	700 000	1 293 000	768 000	127 000
Total Retained Equity	−2 988 000	−3 150 000	−3 189 000	−6 327 000
Total Equity	−2 888 000	−3 050 000	−3 089 000	−6 227 000
Total Long-Term Debt	0	0	0	2 040 000
Total Current Debt	3 588 000	4 343 000	3 858 000	4 314 000
Total Equity and Debt	700 000	1 293 000	768 000	127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 908 000	5 610 000	7 250 000	196 000
Other Income	118 000	414 000	373 000	0
Revenue	6 025 000	6 025 000	7 623 000	196 000
Cost of Goods Sold	47 000	2 000	0	0
Salary Costs	595 000	742 000	721 000	681 000
Depreciation	35 000	15 000	15 000	4 000
Impairment	0	0	0	0
Expenditure	5 863 000	5 987 000	4 424 000	1 063 000
Operating Profit	163 000	38 000	3 199 000	−867 000
Financial Income	1 000	1 000	5 000	0
Financial Costs	2 000	0	66 000	123 000
Financial Balance	−1 000	1 000	−61 000	−123 000
Dividends	0	0	0	0
Net Income	163 000	39 000	3 137 000	−990 000

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	173 000	59 000	55 000	55 000
Total Tangible Assets	173 000	59 000	55 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	173 000	59 000	55 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	930 000	327 000	22 000
Total Current Assets	528 000	1 234 000	714 000	72 000
Total Assets	700 000	1 293 000	768 000	127 000
Total Equity	−2 888 000	−3 050 000	−3 089 000	−6 227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 040 000
Creditors	3 483 000	4 239 000	3 752 000	3 688 000
Unpaid Taxes	22 000	31 000	32 000	27 000
Dividends	0	0	0	0
Other Current Debt	84 000	73 000	73 000	598 000
Total Current Debt	3 588 000	4 343 000	3 858 000	4 314 000
Total Equity and Debt	700 000	1 293 000	768 000	127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,64 %	−1,28 %	−101,55 %	15,9 %
Debt-to-Equity Ratio	−0	−0	−0	−0,33
Operating Profit Margin	2,71 %	0,63 %	41,97 %	−442,35 %
Current Ratio	0,15	0,28	0,19	0,02
Quick Ratio	0,15	0,28	0,19	0,02
Equity Ratio	−4,13	−2,36	−4,02	−49,03
Gross Profit Margin	99,22 %	99,97 %	100 %	100 %