ARNE SEKKELSTEN

1606 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

217,4 %

Current Ratio

3,38

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2020	2019	2018
Revenue	1 604 000	374 000	2 007 000	1 936 000
Net Income	937 000	321 000	1 397 000	1 255 000
Total Assets	1 030 000	2 000	930 000	556 000
Total Equity	431 000	1 000	840 000	469 000

Income (NOK)	2022	2020	2019	2018
Revenue	1 604 000	374 000	2 007 000	1 936 000
Expenditure	655 000	52 000	609 000	683 000
Operating Profit	950 000	321 000	1 398 000	1 254 000
Financial Income	0	0	0	2 000
Financial Costs	13 000	0	1 000	0
Financial Balance	−13 000	0	−1 000	2 000
Earnings Before Tax	937 000	321 000	1 397 000	1 255 000
Tax	0	0	0	0
Net Income	937 000	321 000	1 397 000	1 255 000

Balance (NOK)	2022	2020	2019	2018
Total Fixed Assets	483 000	0	0	17 000
Total Current Assets	548 000	2 000	930 000	540 000
Total Assets	1 030 000	2 000	930 000	556 000
Total Retained Equity	431 000	1 000	840 000	469 000
Total Equity	431 000	1 000	840 000	469 000
Total Long-Term Debt	437 000	0	0	0
Total Current Debt	162 000	1 000	90 000	88 000
Total Equity and Debt	1 030 000	2 000	930 000	556 000

Cash flow (NOK)	2022	2020	2019	2018
Sales Income	1 604 000	373 000	2 006 000	1 936 000
Other Income	0	0	0	0
Revenue	1 604 000	374 000	2 007 000	1 936 000
Cost of Goods Sold	67 000	−95 000	0	46 000
Salary Costs	0	13 000	84 000	96 000
Depreciation	119 000	0	0	0
Impairment	0	0	0	0
Expenditure	655 000	52 000	609 000	683 000
Operating Profit	950 000	321 000	1 398 000	1 254 000
Financial Income	0	0	0	2 000
Financial Costs	13 000	0	1 000	0
Financial Balance	−13 000	0	−1 000	2 000
Dividends	0	0	0	0
Net Income	937 000	321 000	1 397 000	1 255 000

Balance details (NOK)	2022	2020	2019	2018
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	483 000	0	0	0
Total Tangible Assets	483 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	17 000
Total Fixed Assets	483 000	0	0	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	243 000	2 000	75 000	71 000
Total Current Assets	548 000	2 000	930 000	540 000
Total Assets	1 030 000	2 000	930 000	556 000
Total Equity	431 000	1 000	840 000	469 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	437 000	0	0	0
Creditors	43 000	5 000	15 000	20 000
Unpaid Taxes	119 000	−4 000	75 000	65 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	2 000
Total Current Debt	162 000	1 000	90 000	88 000
Total Equity and Debt	1 030 000	2 000	930 000	556 000

Financial indicators	2022	2020	2019	2018
Return on Equity	217,4 %	32 100 %	166,31 %	267,59 %
Debt-to-Equity Ratio	1,01	0	0	0
Operating Profit Margin	59,23 %	85,83 %	69,66 %	64,77 %
Current Ratio	3,38	2	10,33	6,14
Quick Ratio	3,38	2	10,33	6,14
Equity Ratio	0,42	0,5	0,9	0,84
Gross Profit Margin	95,82 %	125,4 %	100 %	97,62 %