ÅRØ LAVPRIS AS

6422 MOLDE

Finances

Share Ownership

Return on Equity

5,48 %

Current Ratio

2,34

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 114 000	28 311 000	31 494 000	41 706 000
Net Income	191 000	−662 000	144 000	1 724 000
Total Assets	6 299 000	7 507 000	6 220 000	8 106 000
Total Equity	3 484 000	3 527 000	3 557 000	3 608 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 114 000	28 311 000	31 494 000	41 706 000
Expenditure	6 892 000	7 287 000	7 514 000	9 399 000
Operating Profit	243 000	−853 000	174 000	2 188 000
Financial Income	21 000	8 000	11 000	30 000
Financial Costs	20 000	3 000	0	2 000
Financial Balance	1 000	5 000	11 000	28 000
Earnings Before Tax	245 000	−847 000	185 000	2 216 000
Tax	54 000	−185 000	41 000	492 000
Net Income	191 000	−662 000	144 000	1 724 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	562 000	640 000	639 000	2 204 000
Total Current Assets	5 737 000	6 866 000	5 582 000	5 903 000
Total Assets	6 299 000	7 507 000	6 220 000	8 106 000
Total Retained Equity	3 379 000	3 422 000	3 452 000	3 503 000
Total Equity	3 484 000	3 527 000	3 557 000	3 608 000
Total Long-Term Debt	369 000	1 830 000	580 000	0
Total Current Debt	2 447 000	2 149 000	2 083 000	4 498 000
Total Equity and Debt	6 299 000	7 507 000	6 220 000	8 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 576 000	27 760 000	30 989 000	40 928 000
Other Income	538 000	552 000	505 000	778 000
Revenue	27 114 000	28 311 000	31 494 000	41 706 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 007 000	3 136 000	3 173 000	4 813 000
Depreciation	236 000	220 000	248 000	250 000
Impairment	0	0	0	0
Expenditure	6 892 000	7 287 000	7 514 000	9 399 000
Operating Profit	243 000	−853 000	174 000	2 188 000
Financial Income	21 000	8 000	11 000	30 000
Financial Costs	20 000	3 000	0	2 000
Financial Balance	1 000	5 000	11 000	28 000
Dividends	0	0	0	0
Net Income	191 000	−662 000	144 000	1 724 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	33 000	26 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	518 000	608 000	613 000	800 000
Total Tangible Assets	518 000	608 000	613 000	800 000
Total Fiancial Fixed Assets	0	0	0	1 392 000
Total Fixed Assets	562 000	640 000	639 000	2 204 000
Stock	2 707 000	2 459 000	2 365 000	2 064 000
Total Investments	0	0	0	0
Cash, Bank	2 027 000	2 256 000	2 003 000	2 598 000
Total Current Assets	5 737 000	6 866 000	5 582 000	5 903 000
Total Assets	6 299 000	7 507 000	6 220 000	8 106 000
Total Equity	3 484 000	3 527 000	3 557 000	3 608 000
Short-Term Group Debt	301 000	0	250 000	0
Total Long-Term Debt	369 000	1 830 000	580 000	0
Creditors	944 000	1 526 000	1 148 000	828 000
Unpaid Taxes	199 000	172 000	299 000	528 000
Dividends	0	0	0	0
Other Current Debt	471 000	451 000	387 000	3 142 000
Total Current Debt	2 447 000	2 149 000	2 083 000	4 498 000
Total Equity and Debt	6 299 000	7 507 000	6 220 000	8 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,48 %	−18,77 %	4,05 %	47,78 %
Debt-to-Equity Ratio	0,11	0,52	0,16	0
Operating Profit Margin	0,9 %	−3,01 %	0,55 %	5,25 %
Current Ratio	2,34	3,19	2,68	1,31
Quick Ratio	−22,07	−22,15	−19,79	2,43
Equity Ratio	0,55	0,47	0,57	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %