ARVID VESTRE AS

5519 HAUGESUND

Finances

Return on Equity

43,24 %

Current Ratio

3,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 000	0	0	20 000
Net Income	1 090 000	1 258 000	2 456 000	801 000
Total Assets	3 356 000	3 160 000	4 732 000	2 648 000
Total Equity	2 521 000	2 281 000	1 923 000	1 518 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 000	0	0	20 000
Expenditure	279 000	155 000	151 000	160 000
Operating Profit	−246 000	−155 000	−151 000	−140 000
Financial Income	1 648 000	1 728 000	3 245 000	1 197 000
Financial Costs	12 000	0	0	0
Financial Balance	1 636 000	1 728 000	3 245 000	1 197 000
Earnings Before Tax	1 391 000	1 573 000	3 093 000	1 057 000
Tax	301 000	315 000	637 000	256 000
Net Income	1 090 000	1 258 000	2 456 000	801 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	769 000	769 000	1 061 000	1 000 000
Total Current Assets	2 588 000	2 391 000	3 671 000	1 648 000
Total Assets	3 356 000	3 160 000	4 732 000	2 648 000
Total Retained Equity	2 491 000	2 251 000	1 893 000	1 488 000
Total Equity	2 521 000	2 281 000	1 923 000	1 518 000
Total Long-Term Debt	11 000	14 000	17 000	21 000
Total Current Debt	824 000	865 000	2 792 000	1 108 000
Total Equity and Debt	3 356 000	3 160 000	4 732 000	2 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 000	0	0	0
Other Income	0	0	0	20 000
Revenue	33 000	0	0	20 000
Cost of Goods Sold	0	0	0	0
Salary Costs	28 000	23 000	22 000	24 000
Depreciation	0	0	0	56 000
Impairment	0	0	0	0
Expenditure	279 000	155 000	151 000	160 000
Operating Profit	−246 000	−155 000	−151 000	−140 000
Financial Income	1 648 000	1 728 000	3 245 000	1 197 000
Financial Costs	12 000	0	0	0
Financial Balance	1 636 000	1 728 000	3 245 000	1 197 000
Dividends	850 000	900 000	2 051 000	770 000
Net Income	1 090 000	1 258 000	2 456 000	801 000

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	769 000	769 000	1 061 000	1 000 000
Total Fixed Assets	769 000	769 000	1 061 000	1 000 000
Stock	0	0	0	0
Total Investments	676 000	247 000	0	0
Cash, Bank	202 000	390 000	175 000	396 000
Total Current Assets	2 588 000	2 391 000	3 671 000	1 648 000
Total Assets	3 356 000	3 160 000	4 732 000	2 648 000
Total Equity	2 521 000	2 281 000	1 923 000	1 518 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	14 000	17 000	21 000
Creditors	0	1 000	1 000	1 000
Unpaid Taxes	5 000	4 000	4 000	4 000
Dividends	850 000	900 000	2 051 000	770 000
Other Current Debt	16 000	16 000	474 000	214 000
Total Current Debt	824 000	865 000	2 792 000	1 108 000
Total Equity and Debt	3 356 000	3 160 000	4 732 000	2 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,24 %	55,15 %	127,72 %	52,77 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	−745,45 %	-	-	−700 %
Current Ratio	3,14	2,76	1,31	1,49
Quick Ratio	3,14	2,76	1,31	1,49
Equity Ratio	0,75	0,72	0,41	0,57
Gross Profit Margin	100 %	-	-	100 %