AUTO REFINISHING NORWAY AS

2770 JAREN

Finances

Share Ownership

Return on Equity

2,64 %

Current Ratio

4,68

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 808 000	7 696 000	7 465 000	6 431 000
Net Income	68 000	619 000	676 000	608 000
Total Assets	3 965 000	4 433 000	3 447 000	2 960 000
Total Equity	2 580 000	2 512 000	1 893 000	1 217 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 808 000	7 696 000	7 465 000	6 431 000
Expenditure	6 702 000	6 873 000	6 579 000	5 634 000
Operating Profit	106 000	824 000	885 000	797 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	0	30 000	20 000	18 000
Financial Balance	2 000	−29 000	−19 000	−17 000
Earnings Before Tax	107 000	794 000	866 000	780 000
Tax	40 000	175 000	191 000	172 000
Net Income	68 000	619 000	676 000	608 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 965 000	4 433 000	3 447 000	2 960 000
Total Assets	3 965 000	4 433 000	3 447 000	2 960 000
Total Retained Equity	2 550 000	2 482 000	1 863 000	1 187 000
Total Equity	2 580 000	2 512 000	1 893 000	1 217 000
Total Long-Term Debt	537 000	605 000	606 000	606 000
Total Current Debt	848 000	1 315 000	949 000	1 137 000
Total Equity and Debt	3 965 000	4 433 000	3 447 000	2 960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 808 000	7 696 000	7 465 000	6 431 000
Other Income	0	0	0	0
Revenue	6 808 000	7 696 000	7 465 000	6 431 000
Cost of Goods Sold	4 014 000	4 676 000	4 671 000	3 889 000
Salary Costs	1 908 000	1 322 000	1 181 000	964 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 702 000	6 873 000	6 579 000	5 634 000
Operating Profit	106 000	824 000	885 000	797 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	0	30 000	20 000	18 000
Financial Balance	2 000	−29 000	−19 000	−17 000
Dividends	0	0	0	0
Net Income	68 000	619 000	676 000	608 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	1 615 000	1 664 000	1 095 000	1 400 000
Total Investments	0	0	0	0
Cash, Bank	1 524 000	1 977 000	1 742 000	1 050 000
Total Current Assets	3 965 000	4 433 000	3 447 000	2 960 000
Total Assets	3 965 000	4 433 000	3 447 000	2 960 000
Total Equity	2 580 000	2 512 000	1 893 000	1 217 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	537 000	605 000	606 000	606 000
Creditors	278 000	629 000	274 000	528 000
Unpaid Taxes	331 000	350 000	336 000	301 000
Dividends	0	0	0	0
Other Current Debt	199 000	162 000	147 000	138 000
Total Current Debt	848 000	1 315 000	949 000	1 137 000
Total Equity and Debt	3 965 000	4 433 000	3 447 000	2 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,64 %	24,64 %	35,71 %	49,96 %
Debt-to-Equity Ratio	0,21	0,24	0,32	0,5
Operating Profit Margin	1,56 %	10,71 %	11,86 %	12,39 %
Current Ratio	4,68	3,37	3,63	2,6
Quick Ratio	−5,17	−12,7	−23,61	−11,25
Equity Ratio	0,65	0,57	0,55	0,41
Gross Profit Margin	41,04 %	39,24 %	37,43 %	39,53 %