ARMAND INDUSTRIER AS

0374 OSLO

Finances

Return on Equity

−59,97 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	902 000	605 000	774 000	601 000
Net Income	1 068 000	−821 000	−1 681 000	211 000
Total Assets	656 000	1 230 000	589 000	1 542 000
Total Equity	−1 781 000	−2 848 000	−2 027 000	−346 000

Income (NOK)	2022	2021	2020	2019
Revenue	902 000	605 000	774 000	601 000
Expenditure	552 000	1 426 000	866 000	467 000
Operating Profit	349 000	−821 000	−91 000	135 000
Financial Income	718 000	0	0	99 000
Financial Costs	0	0	1 590 000	22 000
Financial Balance	718 000	0	−1 590 000	77 000
Earnings Before Tax	1 068 000	−821 000	−1 681 000	211 000
Tax	0	0	0	0
Net Income	1 068 000	−821 000	−1 681 000	211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	478 000	604 000	239 000	1 413 000
Total Current Assets	178 000	625 000	350 000	129 000
Total Assets	656 000	1 230 000	589 000	1 542 000
Total Retained Equity	−1 881 000	−2 948 000	−2 127 000	−446 000
Total Equity	−1 781 000	−2 848 000	−2 027 000	−346 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 436 000	4 078 000	2 616 000	1 888 000
Total Equity and Debt	656 000	1 230 000	589 000	1 542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	902 000	605 000	774 000	601 000
Other Income	0	0	0	0
Revenue	902 000	605 000	774 000	601 000
Cost of Goods Sold	332 000	332 000	579 000	233 000
Salary Costs	60 000	57 000	56 000	51 000
Depreciation	0	12 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	552 000	1 426 000	866 000	467 000
Operating Profit	349 000	−821 000	−91 000	135 000
Financial Income	718 000	0	0	99 000
Financial Costs	0	0	1 590 000	22 000
Financial Balance	718 000	0	−1 590 000	77 000
Dividends	0	0	0	0
Net Income	1 068 000	−821 000	−1 681 000	211 000

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	12 000	24 000
Total Tangible Assets	0	0	12 000	24 000
Total Fiancial Fixed Assets	478 000	604 000	227 000	1 389 000
Total Fixed Assets	478 000	604 000	239 000	1 413 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	415 000	154 000	71 000
Total Current Assets	178 000	625 000	350 000	129 000
Total Assets	656 000	1 230 000	589 000	1 542 000
Total Equity	−1 781 000	−2 848 000	−2 027 000	−346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	0	9 000	85 000
Unpaid Taxes	63 000	12 000	12 000	46 000
Dividends	0	0	0	0
Other Current Debt	2 341 000	4 066 000	2 596 000	1 757 000
Total Current Debt	2 436 000	4 078 000	2 616 000	1 888 000
Total Equity and Debt	656 000	1 230 000	589 000	1 542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,97 %	28,83 %	82,93 %	−60,98 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	38,69 %	−135,7 %	−11,76 %	22,46 %
Current Ratio	0,07	0,15	0,13	0,07
Quick Ratio	0,07	0,15	0,13	0,07
Equity Ratio	−2,71	−2,32	−3,44	−0,22
Gross Profit Margin	63,19 %	45,12 %	25,19 %	61,23 %