ÁRRES AS

9161 BURFJORD

Finances

Share Ownership

Return on Equity

−54,7 %

Current Ratio

0,83

Debt-to-Equity Ratio

−5,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	721 000	782 000	511 000	638 000
Net Income	99 000	−24 000	55 000	52 000
Total Assets	1 007 000	1 020 000	1 017 000	1 049 000
Total Equity	−181 000	−280 000	−256 000	−312 000

Income (NOK)	2022	2021	2020	2019
Revenue	721 000	782 000	511 000	638 000
Expenditure	566 000	744 000	393 000	528 000
Operating Profit	156 000	39 000	118 000	110 000
Financial Income	0	0	0	0
Financial Costs	57 000	62 000	63 000	58 000
Financial Balance	−57 000	−62 000	−63 000	−58 000
Earnings Before Tax	99 000	−24 000	55 000	52 000
Tax	0	0	0	0
Net Income	99 000	−24 000	55 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	884 000	906 000	929 000	952 000
Total Current Assets	123 000	113 000	87 000	97 000
Total Assets	1 007 000	1 020 000	1 017 000	1 049 000
Total Retained Equity	−468 000	−566 000	−543 000	−598 000
Total Equity	−181 000	−280 000	−256 000	−312 000
Total Long-Term Debt	1 039 000	1 112 000	1 184 000	1 257 000
Total Current Debt	149 000	188 000	89 000	104 000
Total Equity and Debt	1 007 000	1 020 000	1 017 000	1 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	525 000	514 000	511 000	638 000
Other Income	196 000	267 000	0	0
Revenue	721 000	782 000	511 000	638 000
Cost of Goods Sold	4 000	69 000	0	20 000
Salary Costs	97 000	124 000	83 000	120 000
Depreciation	23 000	23 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	566 000	744 000	393 000	528 000
Operating Profit	156 000	39 000	118 000	110 000
Financial Income	0	0	0	0
Financial Costs	57 000	62 000	63 000	58 000
Financial Balance	−57 000	−62 000	−63 000	−58 000
Dividends	0	0	0	0
Net Income	99 000	−24 000	55 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	884 000	906 000	929 000	952 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	884 000	906 000	929 000	952 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	884 000	906 000	929 000	952 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	35 000	63 000	88 000
Total Current Assets	123 000	113 000	87 000	97 000
Total Assets	1 007 000	1 020 000	1 017 000	1 049 000
Total Equity	−181 000	−280 000	−256 000	−312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 039 000	1 112 000	1 184 000	1 257 000
Creditors	43 000	106 000	7 000	15 000
Unpaid Taxes	58 000	50 000	31 000	81 000
Dividends	0	0	0	0
Other Current Debt	47 000	32 000	51 000	8 000
Total Current Debt	149 000	188 000	89 000	104 000
Total Equity and Debt	1 007 000	1 020 000	1 017 000	1 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54,7 %	8,57 %	−21,48 %	−16,67 %
Debt-to-Equity Ratio	−5,74	−3,97	−4,63	−4,03
Operating Profit Margin	21,64 %	4,99 %	23,09 %	17,24 %
Current Ratio	0,83	0,6	0,98	0,93
Quick Ratio	0,83	0,6	0,98	0,93
Equity Ratio	−0,18	−0,27	−0,25	−0,3
Gross Profit Margin	99,45 %	91,18 %	100 %	96,87 %