ARNFINN OLSEN AS

7240 HITRA

Finances

Share Ownership

Return on Equity

2,94 %

Current Ratio

0,13

Debt-to-Equity Ratio

−2,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	835 000
Net Income	−36 000	−181 000	−228 000	496 000
Total Assets	1 840 000	1 924 000	2 105 000	2 264 000
Total Equity	−1 226 000	−1 190 000	−1 009 000	−781 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	835 000
Expenditure	36 000	181 000	104 000	202 000
Operating Profit	−36 000	−181 000	−104 000	633 000
Financial Income	0	0	0	0
Financial Costs	0	0	124 000	137 000
Financial Balance	0	0	−124 000	−137 000
Earnings Before Tax	−36 000	−181 000	−228 000	496 000
Tax	0	0	0	0
Net Income	−36 000	−181 000	−228 000	496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 834 000	1 896 000	1 963 000	2 030 000
Total Current Assets	6 000	28 000	142 000	235 000
Total Assets	1 840 000	1 924 000	2 105 000	2 264 000
Total Retained Equity	−1 326 000	−1 290 000	−1 109 000	−881 000
Total Equity	−1 226 000	−1 190 000	−1 009 000	−781 000
Total Long-Term Debt	3 018 000	3 070 000	3 070 000	3 000 000
Total Current Debt	48 000	45 000	45 000	45 000
Total Equity and Debt	1 840 000	1 924 000	2 105 000	2 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	54 000
Other Income	0	0	0	782 000
Revenue	0	0	0	835 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 000	32 000	32 000	32 000
Depreciation	62 000	67 000	67 000	67 000
Impairment	0	0	0	0
Expenditure	36 000	181 000	104 000	202 000
Operating Profit	−36 000	−181 000	−104 000	633 000
Financial Income	0	0	0	0
Financial Costs	0	0	124 000	137 000
Financial Balance	0	0	−124 000	−137 000
Dividends	0	0	0	0
Net Income	−36 000	−181 000	−228 000	496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 834 000	1 888 000	1 943 000	1 997 000
Machinery and Plant Facilities	0	7 000	20 000	33 000
Fixtures	0	0	0	0
Total Tangible Assets	1 834 000	1 896 000	1 963 000	2 030 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 834 000	1 896 000	1 963 000	2 030 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	28 000	67 000	61 000
Total Current Assets	6 000	28 000	142 000	235 000
Total Assets	1 840 000	1 924 000	2 105 000	2 264 000
Total Equity	−1 226 000	−1 190 000	−1 009 000	−781 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 018 000	3 070 000	3 070 000	3 000 000
Creditors	1 000	−2 000	−2 000	−1 000
Unpaid Taxes	2 000	2 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	45 000	45 000	45 000	45 000
Total Current Debt	48 000	45 000	45 000	45 000
Total Equity and Debt	1 840 000	1 924 000	2 105 000	2 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,94 %	15,21 %	22,6 %	−63,51 %
Debt-to-Equity Ratio	−2,46	−2,58	−3,04	−3,84
Operating Profit Margin	-	-	-	75,81 %
Current Ratio	0,13	0,62	3,16	5,22
Quick Ratio	0,13	0,62	3,16	5,22
Equity Ratio	−0,67	−0,62	−0,48	−0,34
Gross Profit Margin	-	-	-	100 %