ARMOE HOLDING AS

1960 LØKEN

Finances

Return on Equity

10,3 %

Current Ratio

0,6

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	250 000	75 000	1 116 000	−219 000
Total Assets	4 137 000	4 032 000	5 617 000	5 350 000
Total Equity	2 427 000	2 177 000	2 102 000	986 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	50 000	21 000	26 000	30 000
Operating Profit	−50 000	−21 000	−26 000	−30 000
Financial Income	344 000	181 000	1 266 000	0
Financial Costs	44 000	85 000	123 000	189 000
Financial Balance	300 000	96 000	1 143 000	−189 000
Earnings Before Tax	250 000	75 000	1 116 000	−219 000
Tax	0	0	0	0
Net Income	250 000	75 000	1 116 000	−219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 617 000	3 767 000	5 567 000	5 350 000
Total Current Assets	520 000	265 000	50 000	0
Total Assets	4 137 000	4 032 000	5 617 000	5 350 000
Total Retained Equity	1 927 000	1 677 000	1 602 000	486 000
Total Equity	2 427 000	2 177 000	2 102 000	986 000
Total Long-Term Debt	851 000	892 000	2 692 000	4 302 000
Total Current Debt	860 000	963 000	823 000	63 000
Total Equity and Debt	4 137 000	4 032 000	5 617 000	5 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	5 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	50 000	21 000	26 000	30 000
Operating Profit	−50 000	−21 000	−26 000	−30 000
Financial Income	344 000	181 000	1 266 000	0
Financial Costs	44 000	85 000	123 000	189 000
Financial Balance	300 000	96 000	1 143 000	−189 000
Dividends	0	0	0	0
Net Income	250 000	75 000	1 116 000	−219 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 617 000	3 767 000	5 567 000	5 350 000
Total Fixed Assets	3 617 000	3 767 000	5 567 000	5 350 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	89 000	35 000	1 000	0
Total Current Assets	520 000	265 000	50 000	0
Total Assets	4 137 000	4 032 000	5 617 000	5 350 000
Total Equity	2 427 000	2 177 000	2 102 000	986 000
Short-Term Group Debt	803 000	897 000	760 000	0
Total Long-Term Debt	851 000	892 000	2 692 000	4 302 000
Creditors	0	6 000	10 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	56 000	59 000	53 000	56 000
Total Current Debt	860 000	963 000	823 000	63 000
Total Equity and Debt	4 137 000	4 032 000	5 617 000	5 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,3 %	3,45 %	53,09 %	−22,21 %
Debt-to-Equity Ratio	0,35	0,41	1,28	4,36
Operating Profit Margin	-	-	-	-
Current Ratio	0,6	0,28	0,06	0
Quick Ratio	0,6	0,28	0,06	0
Equity Ratio	0,59	0,54	0,37	0,18
Gross Profit Margin	-	-	-	-