VET. MARTIN AARSETH AS

5640 EIKELANDSOSEN

Finances

Return on Equity

8,17 %

Current Ratio

4,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 243 000	2 230 000	2 657 000	2 344 000
Net Income	296 000	754 000	921 000	580 000
Total Assets	4 325 000	4 329 000	4 822 000	3 764 000
Total Equity	3 623 000	3 727 000	3 773 000	3 102 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 243 000	2 230 000	2 657 000	2 344 000
Expenditure	1 676 000	1 607 000	1 519 000	1 696 000
Operating Profit	566 000	623 000	1 138 000	648 000
Financial Income	123 000	290 000	71 000	86 000
Financial Costs	272 000	25 000	58 000	0
Financial Balance	−149 000	265 000	13 000	86 000
Earnings Before Tax	418 000	888 000	1 151 000	734 000
Tax	122 000	134 000	230 000	154 000
Net Income	296 000	754 000	921 000	580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	913 000	762 000	931 000	341 000
Total Current Assets	3 412 000	3 567 000	3 891 000	3 423 000
Total Assets	4 325 000	4 329 000	4 822 000	3 764 000
Total Retained Equity	3 593 000	3 697 000	3 743 000	3 072 000
Total Equity	3 623 000	3 727 000	3 773 000	3 102 000
Total Long-Term Debt	14 000	0	5 000	0
Total Current Debt	687 000	602 000	1 044 000	662 000
Total Equity and Debt	4 325 000	4 329 000	4 822 000	3 764 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 342 000	1 414 000	2 033 000	2 344 000
Other Income	901 000	817 000	624 000	0
Revenue	2 243 000	2 230 000	2 657 000	2 344 000
Cost of Goods Sold	85 000	152 000	136 000	214 000
Salary Costs	814 000	824 000	753 000	731 000
Depreciation	130 000	194 000	134 000	43 000
Impairment	0	0	0	0
Expenditure	1 676 000	1 607 000	1 519 000	1 696 000
Operating Profit	566 000	623 000	1 138 000	648 000
Financial Income	123 000	290 000	71 000	86 000
Financial Costs	272 000	25 000	58 000	0
Financial Balance	−149 000	265 000	13 000	86 000
Dividends	0	0	250 000	0
Net Income	296 000	754 000	921 000	580 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	169 000	230 000	269 000	192 000
Fixtures	644 000	429 000	562 000	49 000
Total Tangible Assets	813 000	660 000	831 000	241 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	913 000	762 000	931 000	341 000
Stock	60 000	35 000	35 000	33 000
Total Investments	1 496 000	1 650 000	1 390 000	883 000
Cash, Bank	585 000	939 000	1 829 000	1 922 000
Total Current Assets	3 412 000	3 567 000	3 891 000	3 423 000
Total Assets	4 325 000	4 329 000	4 822 000	3 764 000
Total Equity	3 623 000	3 727 000	3 773 000	3 102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	0	5 000	0
Creditors	71 000	20 000	29 000	35 000
Unpaid Taxes	288 000	186 000	163 000	115 000
Dividends	0	0	250 000	0
Other Current Debt	224 000	255 000	377 000	345 000
Total Current Debt	687 000	602 000	1 044 000	662 000
Total Equity and Debt	4 325 000	4 329 000	4 822 000	3 764 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,17 %	20,23 %	24,41 %	18,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,23 %	27,94 %	42,83 %	27,65 %
Current Ratio	4,97	5,93	3,73	5,17
Quick Ratio	5,44	6,29	3,86	5,44
Equity Ratio	0,84	0,86	0,78	0,82
Gross Profit Margin	96,21 %	93,18 %	94,88 %	90,87 %