LPG ARENDAL AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

22,52 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 485 000	8 206 000	5 998 000	4 125 000
Net Income	490 000	1 049 000	234 000	212 000
Total Assets	6 102 000	5 740 000	3 598 000	811 000
Total Equity	2 176 000	1 686 000	637 000	404 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 485 000	8 206 000	5 998 000	4 125 000
Expenditure	7 571 000	6 860 000	5 687 000	3 847 000
Operating Profit	915 000	1 346 000	310 000	279 000
Financial Income	0	0	0	0
Financial Costs	113 000	174 000	10 000	7 000
Financial Balance	−113 000	−174 000	−10 000	−7 000
Earnings Before Tax	802 000	1 172 000	301 000	272 000
Tax	312 000	123 000	67 000	60 000
Net Income	490 000	1 049 000	234 000	212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 506 000	2 323 000	2 399 000	0
Total Current Assets	3 596 000	3 417 000	1 198 000	811 000
Total Assets	6 102 000	5 740 000	3 598 000	811 000
Total Retained Equity	2 146 000	1 656 000	607 000	374 000
Total Equity	2 176 000	1 686 000	637 000	404 000
Total Long-Term Debt	2 168 000	2 183 000	2 384 000	0
Total Current Debt	1 758 000	1 871 000	576 000	408 000
Total Equity and Debt	6 102 000	5 740 000	3 598 000	811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 509 000	8 231 000	5 989 000	4 041 000
Other Income	−24 000	−25 000	10 000	85 000
Revenue	8 485 000	8 206 000	5 998 000	4 125 000
Cost of Goods Sold	5 575 000	5 400 000	4 421 000	2 811 000
Salary Costs	1 142 000	737 000	275 000	375 000
Depreciation	132 000	103 000	105 000	0
Impairment	0	0	0	0
Expenditure	7 571 000	6 860 000	5 687 000	3 847 000
Operating Profit	915 000	1 346 000	310 000	279 000
Financial Income	0	0	0	0
Financial Costs	113 000	174 000	10 000	7 000
Financial Balance	−113 000	−174 000	−10 000	−7 000
Dividends	0	0	0	0
Net Income	490 000	1 049 000	234 000	212 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 253 000	2 304 000	2 375 000	0
Machinery and Plant Facilities	245 000	0	0	0
Fixtures	0	19 000	24 000	0
Total Tangible Assets	2 506 000	2 323 000	2 399 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 506 000	2 323 000	2 399 000	0
Stock	2 571 000	1 138 000	890 000	391 000
Total Investments	0	0	0	0
Cash, Bank	669 000	1 470 000	296 000	287 000
Total Current Assets	3 596 000	3 417 000	1 198 000	811 000
Total Assets	6 102 000	5 740 000	3 598 000	811 000
Total Equity	2 176 000	1 686 000	637 000	404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 168 000	2 183 000	2 384 000	0
Creditors	1 039 000	957 000	228 000	173 000
Unpaid Taxes	214 000	158 000	28 000	33 000
Dividends	0	0	0	0
Other Current Debt	199 000	459 000	253 000	142 000
Total Current Debt	1 758 000	1 871 000	576 000	408 000
Total Equity and Debt	6 102 000	5 740 000	3 598 000	811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,52 %	62,22 %	36,73 %	52,48 %
Debt-to-Equity Ratio	1	1,29	3,74	0
Operating Profit Margin	10,78 %	16,4 %	5,17 %	6,76 %
Current Ratio	2,05	1,83	2,08	1,99
Quick Ratio	−4,42	4,66	−3,82	47,71
Equity Ratio	0,36	0,29	0,18	0,5
Gross Profit Margin	34,3 %	34,19 %	26,29 %	31,85 %