ARES FORLAG AS

3138 SKALLESTAD

Finances

Share Ownership

Return on Equity

−7,35 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 078 000	2 325 000	3 153 000	4 428 000
Net Income	−120 000	−134 000	35 000	204 000
Total Assets	4 450 000	3 944 000	4 885 000	4 963 000
Total Equity	1 632 000	1 752 000	1 886 000	1 851 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 078 000	2 325 000	3 153 000	4 428 000
Expenditure	2 043 000	2 222 000	2 943 000	4 022 000
Operating Profit	35 000	103 000	210 000	406 000
Financial Income	0	1 000	1 000	7 000
Financial Costs	216 000	246 000	167 000	152 000
Financial Balance	−216 000	−245 000	−166 000	−145 000
Earnings Before Tax	−180 000	−143 000	44 000	262 000
Tax	−60 000	−10 000	10 000	58 000
Net Income	−120 000	−134 000	35 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	0	0	0
Total Current Assets	4 389 000	3 944 000	4 885 000	4 963 000
Total Assets	4 450 000	3 944 000	4 885 000	4 963 000
Total Retained Equity	1 532 000	1 652 000	1 786 000	1 751 000
Total Equity	1 632 000	1 752 000	1 886 000	1 851 000
Total Long-Term Debt	300 000	100 000	130 000	8 000
Total Current Debt	2 518 000	2 092 000	2 870 000	3 103 000
Total Equity and Debt	4 450 000	3 944 000	4 885 000	4 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 069 000	2 177 000	2 993 000	4 214 000
Other Income	9 000	147 000	160 000	215 000
Revenue	2 078 000	2 325 000	3 153 000	4 428 000
Cost of Goods Sold	1 270 000	1 355 000	1 973 000	2 946 000
Salary Costs	253 000	341 000	365 000	371 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 043 000	2 222 000	2 943 000	4 022 000
Operating Profit	35 000	103 000	210 000	406 000
Financial Income	0	1 000	1 000	7 000
Financial Costs	216 000	246 000	167 000	152 000
Financial Balance	−216 000	−245 000	−166 000	−145 000
Dividends	0	0	0	0
Net Income	−120 000	−134 000	35 000	204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	60 000	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	60 000	0	0	0
Stock	3 699 000	3 706 000	3 218 000	2 996 000
Total Investments	0	0	0	0
Cash, Bank	7 000	4 000	17 000	34 000
Total Current Assets	4 389 000	3 944 000	4 885 000	4 963 000
Total Assets	4 450 000	3 944 000	4 885 000	4 963 000
Total Equity	1 632 000	1 752 000	1 886 000	1 851 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	300 000	100 000	130 000	8 000
Creditors	402 000	0	653 000	751 000
Unpaid Taxes	13 000	17 000	40 000	96 000
Dividends	0	0	0	0
Other Current Debt	2 103 000	36 000	205 000	373 000
Total Current Debt	2 518 000	2 092 000	2 870 000	3 103 000
Total Equity and Debt	4 450 000	3 944 000	4 885 000	4 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,35 %	−7,65 %	1,86 %	11,02 %
Debt-to-Equity Ratio	0,18	0,06	0,07	0
Operating Profit Margin	1,68 %	4,43 %	6,66 %	9,17 %
Current Ratio	1,74	1,89	1,7	1,6
Quick Ratio	−3,72	−2,44	−14,04	46,38
Equity Ratio	0,37	0,44	0,39	0,37
Gross Profit Margin	38,88 %	41,72 %	37,42 %	33,47 %