ARENDAL ELEKTRO AS

4823 NEDENES

Finances

Share Ownership

Return on Equity

20,31 %

Current Ratio

3,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 872 000	3 729 000	3 028 000	2 731 000
Net Income	496 000	247 000	210 000	334 000
Total Assets	3 370 000	3 212 000	2 480 000	2 046 000
Total Equity	2 442 000	1 946 000	1 700 000	1 490 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 872 000	3 729 000	3 028 000	2 731 000
Expenditure	3 237 000	3 422 000	2 759 000	2 308 000
Operating Profit	635 000	307 000	268 000	423 000
Financial Income	5 000	0	1 000	5 000
Financial Costs	4 000	0	1 000	0
Financial Balance	1 000	0	0	5 000
Earnings Before Tax	636 000	307 000	268 000	427 000
Tax	140 000	60 000	58 000	94 000
Net Income	496 000	247 000	210 000	334 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	177 000	28 000	30 000	5 000
Total Current Assets	3 193 000	3 184 000	2 450 000	2 041 000
Total Assets	3 370 000	3 212 000	2 480 000	2 046 000
Total Retained Equity	2 342 000	1 846 000	1 600 000	1 390 000
Total Equity	2 442 000	1 946 000	1 700 000	1 490 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	928 000	1 266 000	780 000	556 000
Total Equity and Debt	3 370 000	3 212 000	2 480 000	2 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 872 000	3 729 000	3 028 000	2 731 000
Other Income	0	0	0	0
Revenue	3 872 000	3 729 000	3 028 000	2 731 000
Cost of Goods Sold	1 101 000	1 025 000	930 000	737 000
Salary Costs	1 418 000	1 758 000	1 337 000	1 087 000
Depreciation	55 000	9 000	9 000	2 000
Impairment	0	0	0	0
Expenditure	3 237 000	3 422 000	2 759 000	2 308 000
Operating Profit	635 000	307 000	268 000	423 000
Financial Income	5 000	0	1 000	5 000
Financial Costs	4 000	0	1 000	0
Financial Balance	1 000	0	0	5 000
Dividends	0	0	0	0
Net Income	496 000	247 000	210 000	334 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	7 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	2 000	5 000
Fixtures	170 000	21 000	28 000	0
Total Tangible Assets	170 000	21 000	30 000	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	177 000	28 000	30 000	5 000
Stock	210 000	258 000	168 000	167 000
Total Investments	0	0	0	0
Cash, Bank	2 557 000	2 709 000	1 927 000	1 604 000
Total Current Assets	3 193 000	3 184 000	2 450 000	2 041 000
Total Assets	3 370 000	3 212 000	2 480 000	2 046 000
Total Equity	2 442 000	1 946 000	1 700 000	1 490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	316 000	389 000	251 000	141 000
Unpaid Taxes	242 000	476 000	322 000	199 000
Dividends	0	0	0	0
Other Current Debt	230 000	334 000	149 000	122 000
Total Current Debt	928 000	1 266 000	780 000	556 000
Total Equity and Debt	3 370 000	3 212 000	2 480 000	2 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,31 %	12,69 %	12,35 %	22,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,4 %	8,23 %	8,85 %	15,49 %
Current Ratio	3,44	2,52	3,14	3,67
Quick Ratio	4,45	3,16	4	5,25
Equity Ratio	0,72	0,61	0,69	0,73
Gross Profit Margin	71,57 %	72,51 %	69,29 %	73,01 %