IRSEA ARC AS

6392 VIKEBUKT

Finances

Share Ownership

Return on Equity

−5,34 %

Current Ratio

2,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	100 000	102 000
Net Income	−7 000	−5 000	−4 000	16 000
Total Assets	175 000	208 000	225 000	248 000
Total Equity	131 000	138 000	143 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	100 000	102 000
Expenditure	57 000	54 000	106 000	86 000
Operating Profit	−7 000	−4 000	−6 000	16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−7 000	−4 000	−6 000	16 000
Tax	0	1 000	−1 000	0
Net Income	−7 000	−5 000	−4 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 000	91 000	102 000	109 000
Total Current Assets	102 000	117 000	123 000	138 000
Total Assets	175 000	208 000	225 000	248 000
Total Retained Equity	−69 000	−62 000	−57 000	−53 000
Total Equity	131 000	138 000	143 000	147 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	44 000	70 000	82 000	100 000
Total Equity and Debt	175 000	208 000	225 000	248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	50 000	100 000	102 000
Other Income	0	0	0	0
Revenue	50 000	50 000	100 000	102 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	18 000	18 000	18 000	3 000
Impairment	0	0	0	0
Expenditure	57 000	54 000	106 000	86 000
Operating Profit	−7 000	−4 000	−6 000	16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−7 000	−5 000	−4 000	16 000

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	18 000	36 000	54 000	72 000
Total Tangible Assets	18 000	36 000	54 000	72 000
Total Fiancial Fixed Assets	55 000	55 000	48 000	37 000
Total Fixed Assets	73 000	91 000	102 000	109 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	9 000	7 000	1 000
Total Current Assets	102 000	117 000	123 000	138 000
Total Assets	175 000	208 000	225 000	248 000
Total Equity	131 000	138 000	143 000	147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	66 000	62 000	88 000
Unpaid Taxes	5 000	4 000	8 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	12 000	12 000
Total Current Debt	44 000	70 000	82 000	100 000
Total Equity and Debt	175 000	208 000	225 000	248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,34 %	−3,62 %	−2,8 %	10,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14 %	−8 %	−6 %	15,69 %
Current Ratio	2,32	1,67	1,5	1,38
Quick Ratio	2,32	1,67	1,5	1,38
Equity Ratio	0,75	0,66	0,64	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %