ARE AS

3133 DUKEN

Finances

Return on Equity

−11,7 %

Current Ratio

3,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 000	90 000	750 000	50 000
Net Income	−1 056 000	9 972 000	−344 000	−3 622 000
Total Assets	12 634 000	15 118 000	6 093 000	7 009 000
Total Equity	9 023 000	10 079 000	4 857 000	5 201 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 000	90 000	750 000	50 000
Expenditure	81 000	428 000	52 000	64 000
Operating Profit	−8 000	−338 000	698 000	−15 000
Financial Income	428 000	11 472 000	91 000	652 000
Financial Costs	1 496 000	1 175 000	982 000	4 264 000
Financial Balance	−1 068 000	10 297 000	−891 000	−3 612 000
Earnings Before Tax	−1 075 000	9 960 000	−193 000	−3 626 000
Tax	−19 000	−12 000	151 000	−4 000
Net Income	−1 056 000	9 972 000	−344 000	−3 622 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	171 000	27 000	1 905 000	2 716 000
Total Current Assets	12 463 000	15 091 000	4 188 000	4 293 000
Total Assets	12 634 000	15 118 000	6 093 000	7 009 000
Total Retained Equity	8 921 000	9 977 000	4 755 000	5 099 000
Total Equity	9 023 000	10 079 000	4 857 000	5 201 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 611 000	5 039 000	1 235 000	1 808 000
Total Equity and Debt	12 634 000	15 118 000	6 093 000	7 009 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 000	90 000	750 000	50 000
Other Income	0	0	0	0
Revenue	73 000	90 000	750 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	15 000	18 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	81 000	428 000	52 000	64 000
Operating Profit	−8 000	−338 000	698 000	−15 000
Financial Income	428 000	11 472 000	91 000	652 000
Financial Costs	1 496 000	1 175 000	982 000	4 264 000
Financial Balance	−1 068 000	10 297 000	−891 000	−3 612 000
Dividends	0	0	0	0
Net Income	−1 056 000	9 972 000	−344 000	−3 622 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	12 000	0	149 000
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	140 000	15 000	1 905 000	2 568 000
Total Fixed Assets	171 000	27 000	1 905 000	2 716 000
Stock	0	0	0	0
Total Investments	8 872 000	10 699 000	3 403 000	3 314 000
Cash, Bank	3 341 000	4 383 000	710 000	894 000
Total Current Assets	12 463 000	15 091 000	4 188 000	4 293 000
Total Assets	12 634 000	15 118 000	6 093 000	7 009 000
Total Equity	9 023 000	10 079 000	4 857 000	5 201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	17 000	4 000	3 000
Unpaid Taxes	0	0	4 000	2 000
Dividends	0	0	0	0
Other Current Debt	3 611 000	5 022 000	1 225 000	1 803 000
Total Current Debt	3 611 000	5 039 000	1 235 000	1 808 000
Total Equity and Debt	12 634 000	15 118 000	6 093 000	7 009 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,7 %	98,94 %	−7,08 %	−69,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,96 %	−375,56 %	93,07 %	−30 %
Current Ratio	3,45	2,99	3,39	2,37
Quick Ratio	3,45	2,99	3,39	2,37
Equity Ratio	0,71	0,67	0,8	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %