KARL TORE ARCTANDER AS

8372 GRAVDAL

Finances

Share Ownership

Return on Equity

−17,99 %

Current Ratio

8,29

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 000	3 000	136 000	255 000
Net Income	−145 000	−150 000	−75 000	−84 000
Total Assets	881 000	1 071 000	1 266 000	1 420 000
Total Equity	806 000	952 000	1 102 000	1 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 000	3 000	136 000	255 000
Expenditure	206 000	197 000	234 000	364 000
Operating Profit	−188 000	−194 000	−98 000	−110 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	2 000	2 000
Earnings Before Tax	−186 000	−192 000	−96 000	−108 000
Tax	−41 000	−42 000	−21 000	−24 000
Net Income	−145 000	−150 000	−75 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	533 000	645 000	757 000	869 000
Total Current Assets	348 000	426 000	509 000	551 000
Total Assets	881 000	1 071 000	1 266 000	1 420 000
Total Retained Equity	706 000	852 000	1 002 000	1 076 000
Total Equity	806 000	952 000	1 102 000	1 176 000
Total Long-Term Debt	32 000	73 000	116 000	139 000
Total Current Debt	42 000	46 000	49 000	104 000
Total Equity and Debt	881 000	1 071 000	1 266 000	1 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 000	3 000	136 000	255 000
Other Income	0	0	0	0
Revenue	18 000	3 000	136 000	255 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	96 000
Depreciation	112 000	112 000	112 000	112 000
Impairment	0	0	0	0
Expenditure	206 000	197 000	234 000	364 000
Operating Profit	−188 000	−194 000	−98 000	−110 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	2 000	2 000
Dividends	0	0	0	0
Net Income	−145 000	−150 000	−75 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	66 000	66 000	66 000	66 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	533 000	645 000	757 000	869 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	533 000	645 000	757 000	869 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	332 000	412 000	499 000	544 000
Total Current Assets	348 000	426 000	509 000	551 000
Total Assets	881 000	1 071 000	1 266 000	1 420 000
Total Equity	806 000	952 000	1 102 000	1 176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 000	73 000	116 000	139 000
Creditors	3 000	2 000	4 000	2 000
Unpaid Taxes	0	0	0	28 000
Dividends	0	0	0	0
Other Current Debt	39 000	44 000	42 000	72 000
Total Current Debt	42 000	46 000	49 000	104 000
Total Equity and Debt	881 000	1 071 000	1 266 000	1 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,99 %	−15,76 %	−6,81 %	−7,14 %
Debt-to-Equity Ratio	0,04	0,08	0,11	0,12
Operating Profit Margin	−1 044,44 %	−6 466,67 %	−72,06 %	−43,14 %
Current Ratio	8,29	9,26	10,39	5,3
Quick Ratio	8,29	9,26	10,39	5,3
Equity Ratio	0,91	0,89	0,87	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %