ARNE HALVORSEN AS

9517 ALTA

Finances

Return on Equity

4,93 %

Current Ratio

6,13

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 272 000	12 421 000	13 811 000	12 179 000
Net Income	110 000	326 000	617 000	207 000
Total Assets	3 382 000	3 635 000	3 830 000	3 168 000
Total Equity	2 233 000	2 223 000	2 197 000	1 880 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 272 000	12 421 000	13 811 000	12 179 000
Expenditure	12 138 000	12 006 000	13 015 000	11 910 000
Operating Profit	133 000	416 000	795 000	269 000
Financial Income	25 000	21 000	18 000	22 000
Financial Costs	23 000	24 000	26 000	29 000
Financial Balance	2 000	−3 000	−8 000	−7 000
Earnings Before Tax	135 000	412 000	787 000	262 000
Tax	25 000	86 000	170 000	55 000
Net Income	110 000	326 000	617 000	207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	465 000	464 000	525 000	307 000
Total Current Assets	2 917 000	3 170 000	3 305 000	2 861 000
Total Assets	3 382 000	3 635 000	3 830 000	3 168 000
Total Retained Equity	1 733 000	1 723 000	1 697 000	1 380 000
Total Equity	2 233 000	2 223 000	2 197 000	1 880 000
Total Long-Term Debt	674 000	718 000	757 000	785 000
Total Current Debt	476 000	694 000	876 000	502 000
Total Equity and Debt	3 382 000	3 635 000	3 830 000	3 168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 197 000	12 347 000	13 736 000	12 103 000
Other Income	74 000	75 000	75 000	76 000
Revenue	12 272 000	12 421 000	13 811 000	12 179 000
Cost of Goods Sold	9 532 000	9 256 000	10 576 000	9 255 000
Salary Costs	1 886 000	1 956 000	1 863 000	1 996 000
Depreciation	128 000	108 000	74 000	66 000
Impairment	0	0	0	0
Expenditure	12 138 000	12 006 000	13 015 000	11 910 000
Operating Profit	133 000	416 000	795 000	269 000
Financial Income	25 000	21 000	18 000	22 000
Financial Costs	23 000	24 000	26 000	29 000
Financial Balance	2 000	−3 000	−8 000	−7 000
Dividends	100 000	300 000	300 000	100 000
Net Income	110 000	326 000	617 000	207 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	186 000	258 000	330 000	173 000
Fixtures	234 000	161 000	149 000	88 000
Total Tangible Assets	420 000	419 000	479 000	262 000
Total Fiancial Fixed Assets	46 000	46 000	46 000	46 000
Total Fixed Assets	465 000	464 000	525 000	307 000
Stock	990 000	938 000	898 000	923 000
Total Investments	0	0	0	0
Cash, Bank	1 620 000	1 922 000	2 108 000	1 636 000
Total Current Assets	2 917 000	3 170 000	3 305 000	2 861 000
Total Assets	3 382 000	3 635 000	3 830 000	3 168 000
Total Equity	2 233 000	2 223 000	2 197 000	1 880 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	674 000	718 000	757 000	785 000
Creditors	51 000	−11 000	144 000	−16 000
Unpaid Taxes	89 000	106 000	70 000	147 000
Dividends	100 000	300 000	300 000	100 000
Other Current Debt	197 000	206 000	197 000	211 000
Total Current Debt	476 000	694 000	876 000	502 000
Total Equity and Debt	3 382 000	3 635 000	3 830 000	3 168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,93 %	14,66 %	28,08 %	11,01 %
Debt-to-Equity Ratio	0,3	0,32	0,34	0,42
Operating Profit Margin	1,08 %	3,35 %	5,76 %	2,21 %
Current Ratio	6,13	4,57	3,77	5,7
Quick Ratio	−5,68	−12,99	−150,23	−6,8
Equity Ratio	0,66	0,61	0,57	0,59
Gross Profit Margin	22,33 %	25,48 %	23,42 %	24,01 %