ARVE HELLUM AS

2760 BRANDBU

Finances

Return on Equity

3,94 %

Current Ratio

2,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 262 000	7 367 000	6 587 000	7 240 000
Net Income	364 000	348 000	270 000	215 000
Total Assets	13 548 000	13 385 000	13 232 000	12 608 000
Total Equity	9 244 000	9 555 000	9 546 000	9 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 262 000	7 367 000	6 587 000	7 240 000
Expenditure	7 862 000	6 942 000	6 301 000	7 069 000
Operating Profit	401 000	425 000	286 000	170 000
Financial Income	82 000	73 000	108 000	153 000
Financial Costs	68 000	43 000	38 000	40 000
Financial Balance	14 000	30 000	70 000	113 000
Earnings Before Tax	415 000	455 000	356 000	282 000
Tax	52 000	107 000	87 000	67 000
Net Income	364 000	348 000	270 000	215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 735 000	3 756 000	3 186 000	3 513 000
Total Current Assets	10 813 000	9 629 000	10 046 000	9 095 000
Total Assets	13 548 000	13 385 000	13 232 000	12 608 000
Total Retained Equity	4 144 000	4 455 000	4 446 000	4 277 000
Total Equity	9 244 000	9 555 000	9 546 000	9 377 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 304 000	3 830 000	3 685 000	3 232 000
Total Equity and Debt	13 548 000	13 385 000	13 232 000	12 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 262 000	7 282 000	6 546 000	7 240 000
Other Income	0	85 000	41 000	0
Revenue	8 262 000	7 367 000	6 587 000	7 240 000
Cost of Goods Sold	4 047 000	3 565 000	3 198 000	3 470 000
Salary Costs	2 271 000	2 105 000	1 977 000	2 367 000
Depreciation	29 000	29 000	37 000	37 000
Impairment	0	0	0	0
Expenditure	7 862 000	6 942 000	6 301 000	7 069 000
Operating Profit	401 000	425 000	286 000	170 000
Financial Income	82 000	73 000	108 000	153 000
Financial Costs	68 000	43 000	38 000	40 000
Financial Balance	14 000	30 000	70 000	113 000
Dividends	374 000	340 000	100 000	0
Net Income	364 000	348 000	270 000	215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	49 000	0	0	100 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	79 000	108 000	10 000
Total Tangible Assets	50 000	79 000	108 000	110 000
Total Fiancial Fixed Assets	2 685 000	3 677 000	3 078 000	3 403 000
Total Fixed Assets	2 735 000	3 756 000	3 186 000	3 513 000
Stock	5 241 000	4 623 000	4 371 000	3 981 000
Total Investments	0	0	0	0
Cash, Bank	5 563 000	4 975 000	5 671 000	5 090 000
Total Current Assets	10 813 000	9 629 000	10 046 000	9 095 000
Total Assets	13 548 000	13 385 000	13 232 000	12 608 000
Total Equity	9 244 000	9 555 000	9 546 000	9 377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	456 000	111 000	426 000	16 000
Unpaid Taxes	366 000	407 000	426 000	419 000
Dividends	374 000	340 000	100 000	0
Other Current Debt	3 056 000	2 865 000	2 647 000	2 731 000
Total Current Debt	4 304 000	3 830 000	3 685 000	3 232 000
Total Equity and Debt	13 548 000	13 385 000	13 232 000	12 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,94 %	3,64 %	2,83 %	2,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,85 %	5,77 %	4,34 %	2,35 %
Current Ratio	2,51	2,51	2,73	2,81
Quick Ratio	−11,54	−12,14	−14,64	−12,14
Equity Ratio	0,68	0,71	0,72	0,74
Gross Profit Margin	51,02 %	51,61 %	51,45 %	52,07 %