ARV DESIGN AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

71,05 %

Current Ratio

0,76

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 892 000	3 518 000	2 211 000	1 149 000
Net Income	−378 000	−2 000	−253 000	−662 000
Total Assets	1 755 000	2 057 000	1 899 000	1 356 000
Total Equity	−532 000	246 000	247 000	500 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 892 000	3 518 000	2 211 000	1 149 000
Expenditure	3 253 000	3 501 000	2 436 000	1 104 000
Operating Profit	−361 000	17 000	−225 000	−657 000
Financial Income	0	0	0	0
Financial Costs	17 000	18 000	28 000	5 000
Financial Balance	−17 000	−18 000	−28 000	−5 000
Earnings Before Tax	−378 000	−2 000	−253 000	−662 000
Tax	0	0	0	0
Net Income	−378 000	−2 000	−253 000	−662 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	29 000	18 000	20 000
Total Current Assets	1 730 000	2 028 000	1 881 000	1 337 000
Total Assets	1 755 000	2 057 000	1 899 000	1 356 000
Total Retained Equity	−1 032 000	−254 000	−253 000	0
Total Equity	−532 000	246 000	247 000	500 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	2 285 000	1 811 000	1 652 000	856 000
Total Equity and Debt	1 755 000	2 057 000	1 899 000	1 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 892 000	3 518 000	2 211 000	1 149 000
Other Income	0	0	0	0
Revenue	2 892 000	3 518 000	2 211 000	1 149 000
Cost of Goods Sold	1 317 000	1 638 000	1 027 000	−58 000
Salary Costs	1 038 000	862 000	765 000	626 000
Depreciation	6 000	6 000	0	6 000
Impairment	0	0	0	0
Expenditure	3 253 000	3 501 000	2 436 000	1 104 000
Operating Profit	−361 000	17 000	−225 000	−657 000
Financial Income	0	0	0	0
Financial Costs	17 000	18 000	28 000	5 000
Financial Balance	−17 000	−18 000	−28 000	−5 000
Dividends	0	0	0	0
Net Income	−378 000	−2 000	−253 000	−662 000

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	16 000	22 000	11 000	11 000
Total Tangible Assets	16 000	22 000	11 000	11 000
Total Fiancial Fixed Assets	9 000	7 000	7 000	9 000
Total Fixed Assets	24 000	29 000	18 000	20 000
Stock	838 000	748 000	849 000	455 000
Total Investments	0	0	0	0
Cash, Bank	264 000	424 000	299 000	145 000
Total Current Assets	1 730 000	2 028 000	1 881 000	1 337 000
Total Assets	1 755 000	2 057 000	1 899 000	1 356 000
Total Equity	−532 000	246 000	247 000	500 000
Short-Term Group Debt	1 845 000	1 489 000	1 324 000	664 000
Total Long-Term Debt	2 000	0	0	0
Creditors	26 000	36 000	45 000	19 000
Unpaid Taxes	234 000	253 000	251 000	110 000
Dividends	0	0	0	0
Other Current Debt	124 000	33 000	32 000	63 000
Total Current Debt	2 285 000	1 811 000	1 652 000	856 000
Total Equity and Debt	1 755 000	2 057 000	1 899 000	1 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,05 %	−0,81 %	−102,43 %	−132,4 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−12,48 %	0,48 %	−10,18 %	−57,18 %
Current Ratio	0,76	1,12	1,14	1,56
Quick Ratio	1,2	1,91	2,34	3,33
Equity Ratio	−0,3	0,12	0,13	0,37
Gross Profit Margin	54,46 %	53,44 %	53,55 %	105,05 %