ARVE LAUGEN AS

7970 KOLVEREID

Finances

Return on Equity

9,35 %

Current Ratio

3,64

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 223 000	6 745 000	6 418 000	8 604 000
Net Income	397 000	456 000	−166 000	571 000
Total Assets	7 020 000	7 079 000	6 829 000	7 073 000
Total Equity	4 245 000	3 848 000	3 546 000	3 712 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 223 000	6 745 000	6 418 000	8 604 000
Expenditure	5 631 000	6 076 000	6 504 000	7 730 000
Operating Profit	592 000	669 000	−85 000	874 000
Financial Income	28 000	6 000	13 000	18 000
Financial Costs	111 000	96 000	104 000	103 000
Financial Balance	−83 000	−90 000	−91 000	−85 000
Earnings Before Tax	509 000	578 000	−176 000	788 000
Tax	112 000	122 000	−10 000	218 000
Net Income	397 000	456 000	−166 000	571 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 079 000	3 706 000	4 090 000	4 654 000
Total Current Assets	2 940 000	3 373 000	2 739 000	2 419 000
Total Assets	7 020 000	7 079 000	6 829 000	7 073 000
Total Retained Equity	4 145 000	3 748 000	3 446 000	3 612 000
Total Equity	4 245 000	3 848 000	3 546 000	3 712 000
Total Long-Term Debt	1 967 000	2 078 000	2 211 000	2 336 000
Total Current Debt	808 000	1 153 000	1 072 000	1 025 000
Total Equity and Debt	7 020 000	7 079 000	6 829 000	7 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 826 000	6 654 000	6 343 000	8 546 000
Other Income	397 000	91 000	75 000	58 000
Revenue	6 223 000	6 745 000	6 418 000	8 604 000
Cost of Goods Sold	1 901 000	2 176 000	2 409 000	3 412 000
Salary Costs	2 553 000	2 808 000	2 711 000	3 079 000
Depreciation	315 000	460 000	588 000	608 000
Impairment	0	0	0	0
Expenditure	5 631 000	6 076 000	6 504 000	7 730 000
Operating Profit	592 000	669 000	−85 000	874 000
Financial Income	28 000	6 000	13 000	18 000
Financial Costs	111 000	96 000	104 000	103 000
Financial Balance	−83 000	−90 000	−91 000	−85 000
Dividends	0	154 000	0	0
Net Income	397 000	456 000	−166 000	571 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	74 000	64 000	61 000
Real Eastate	2 531 000	2 698 000	2 860 000	3 022 000
Machinery and Plant Facilities	263 000	220 000	261 000	676 000
Fixtures	1 035 000	464 000	654 000	645 000
Total Tangible Assets	3 829 000	3 382 000	3 775 000	4 343 000
Total Fiancial Fixed Assets	250 000	250 000	250 000	250 000
Total Fixed Assets	4 079 000	3 706 000	4 090 000	4 654 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 877 000	3 038 000	1 548 000	1 758 000
Total Current Assets	2 940 000	3 373 000	2 739 000	2 419 000
Total Assets	7 020 000	7 079 000	6 829 000	7 073 000
Total Equity	4 245 000	3 848 000	3 546 000	3 712 000
Short-Term Group Debt	0	0	0	350 000
Total Long-Term Debt	1 967 000	2 078 000	2 211 000	2 336 000
Creditors	109 000	158 000	76 000	17 000
Unpaid Taxes	235 000	263 000	449 000	299 000
Dividends	0	154 000	0	0
Other Current Debt	447 000	599 000	548 000	180 000
Total Current Debt	808 000	1 153 000	1 072 000	1 025 000
Total Equity and Debt	7 020 000	7 079 000	6 829 000	7 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,35 %	11,85 %	−4,68 %	15,38 %
Debt-to-Equity Ratio	0,46	0,54	0,62	0,63
Operating Profit Margin	9,51 %	9,92 %	−1,32 %	10,16 %
Current Ratio	3,64	2,93	2,56	2,36
Quick Ratio	3,64	2,93	2,56	2,36
Equity Ratio	0,6	0,54	0,52	0,52
Gross Profit Margin	69,45 %	67,74 %	62,46 %	60,34 %