ARVID VANGEN AS

2500 TYNSET

Finances

Return on Equity

0,4 %

Current Ratio

10,31

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 550 000	1 422 000	2 895 000	3 744 000
Net Income	11 000	−78 000	318 000	488 000
Total Assets	4 911 000	4 944 000	5 159 000	5 939 000
Total Equity	2 775 000	2 764 000	2 842 000	2 524 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 550 000	1 422 000	2 895 000	3 744 000
Expenditure	1 524 000	1 515 000	2 428 000	3 038 000
Operating Profit	25 000	−93 000	466 000	706 000
Financial Income	18 000	0	2 000	4 000
Financial Costs	28 000	7 000	61 000	84 000
Financial Balance	−10 000	−7 000	−59 000	−80 000
Earnings Before Tax	14 000	−100 000	407 000	626 000
Tax	3 000	−22 000	90 000	138 000
Net Income	11 000	−78 000	318 000	488 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	786 000	947 000	1 236 000	2 674 000
Total Current Assets	4 125 000	3 997 000	3 922 000	3 264 000
Total Assets	4 911 000	4 944 000	5 159 000	5 939 000
Total Retained Equity	2 475 000	2 464 000	2 542 000	2 224 000
Total Equity	2 775 000	2 764 000	2 842 000	2 524 000
Total Long-Term Debt	1 737 000	1 787 000	1 853 000	2 726 000
Total Current Debt	400 000	393 000	464 000	689 000
Total Equity and Debt	4 911 000	4 944 000	5 159 000	5 939 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 549 000	1 404 000	2 531 000	3 744 000
Other Income	0	18 000	364 000	0
Revenue	1 550 000	1 422 000	2 895 000	3 744 000
Cost of Goods Sold	132 000	157 000	289 000	245 000
Salary Costs	488 000	415 000	793 000	1 042 000
Depreciation	160 000	218 000	369 000	505 000
Impairment	0	0	0	0
Expenditure	1 524 000	1 515 000	2 428 000	3 038 000
Operating Profit	25 000	−93 000	466 000	706 000
Financial Income	18 000	0	2 000	4 000
Financial Costs	28 000	7 000	61 000	84 000
Financial Balance	−10 000	−7 000	−59 000	−80 000
Dividends	0	0	0	0
Net Income	11 000	−78 000	318 000	488 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	320 000	320 000	320 000	320 000
Machinery and Plant Facilities	0	0	37 000	53 000
Fixtures	440 000	601 000	856 000	2 275 000
Total Tangible Assets	760 000	921 000	1 213 000	2 648 000
Total Fiancial Fixed Assets	26 000	26 000	23 000	26 000
Total Fixed Assets	786 000	947 000	1 236 000	2 674 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 838 000	3 774 000	3 668 000	2 808 000
Total Current Assets	4 125 000	3 997 000	3 922 000	3 264 000
Total Assets	4 911 000	4 944 000	5 159 000	5 939 000
Total Equity	2 775 000	2 764 000	2 842 000	2 524 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 737 000	1 787 000	1 853 000	2 726 000
Creditors	96 000	97 000	55 000	90 000
Unpaid Taxes	189 000	192 000	175 000	283 000
Dividends	0	0	0	0
Other Current Debt	72 000	67 000	145 000	153 000
Total Current Debt	400 000	393 000	464 000	689 000
Total Equity and Debt	4 911 000	4 944 000	5 159 000	5 939 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,4 %	−2,82 %	11,19 %	19,33 %
Debt-to-Equity Ratio	0,63	0,65	0,65	1,08
Operating Profit Margin	1,61 %	−6,54 %	16,1 %	18,86 %
Current Ratio	10,31	10,17	8,45	4,74
Quick Ratio	10,31	10,17	8,45	4,74
Equity Ratio	0,57	0,56	0,55	0,42
Gross Profit Margin	91,48 %	88,96 %	90,02 %	93,46 %