Arne Olav Lund A/S

3270 LARVIK

Finances

Share Ownership

Return on Equity

28,72 %

Current Ratio

1,92

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	363 137 000	315 518 000	419 904 000	321 450 000
Net Income	13 559 000	17 700 000	25 525 000	16 752 000
Total Assets	151 759 000	146 376 000	150 182 000	117 060 000
Total Equity	47 206 000	57 246 000	60 457 000	46 502 000

Income (NOK)	2022	2021	2020	2019
Revenue	363 137 000	315 518 000	419 904 000	321 450 000
Expenditure	344 686 000	292 852 000	387 331 000	300 125 000
Operating Profit	18 451 000	22 666 000	32 573 000	21 325 000
Financial Income	392 000	96 000	281 000	333 000
Financial Costs	1 457 000	61 000	120 000	171 000
Financial Balance	−1 065 000	35 000	161 000	162 000
Earnings Before Tax	17 386 000	22 700 000	32 734 000	21 487 000
Tax	3 827 000	5 000 000	7 209 000	4 735 000
Net Income	13 559 000	17 700 000	25 525 000	16 752 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 284 000	5 829 000	5 998 000	4 771 000
Total Current Assets	98 476 000	140 547 000	144 184 000	112 289 000
Total Assets	151 759 000	146 376 000	150 182 000	117 060 000
Total Retained Equity	46 536 000	56 576 000	59 787 000	45 832 000
Total Equity	47 206 000	57 246 000	60 457 000	46 502 000
Total Long-Term Debt	53 245 000	13 923 000	16 873 000	7 667 000
Total Current Debt	51 308 000	75 207 000	72 851 000	62 891 000
Total Equity and Debt	151 759 000	146 376 000	150 182 000	117 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	361 980 000	315 032 000	419 294 000	319 787 000
Other Income	1 157 000	486 000	610 000	1 663 000
Revenue	363 137 000	315 518 000	419 904 000	321 450 000
Cost of Goods Sold	187 766 000	155 061 000	251 339 000	177 956 000
Salary Costs	95 920 000	89 424 000	80 636 000	77 313 000
Depreciation	9 407 000	1 541 000	1 676 000	1 029 000
Impairment	0	0	0	0
Expenditure	344 686 000	292 852 000	387 331 000	300 125 000
Operating Profit	18 451 000	22 666 000	32 573 000	21 325 000
Financial Income	392 000	96 000	281 000	333 000
Financial Costs	1 457 000	61 000	120 000	171 000
Financial Balance	−1 065 000	35 000	161 000	162 000
Dividends	25 115 000	20 000 000	13 000 000	0
Net Income	13 559 000	17 700 000	25 525 000	16 752 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 525 000	2 002 000	1 885 000	1 128 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 759 000	2 874 000	3 004 000	2 486 000
Total Tangible Assets	53 284 000	4 877 000	4 890 000	3 614 000
Total Fiancial Fixed Assets	0	953 000	1 108 000	1 157 000
Total Fixed Assets	53 284 000	5 829 000	5 998 000	4 771 000
Stock	507 000	861 000	4 160 000	3 663 000
Total Investments	0	0	0	0
Cash, Bank	14 441 000	44 031 000	17 500 000	20 824 000
Total Current Assets	98 476 000	140 547 000	144 184 000	112 289 000
Total Assets	151 759 000	146 376 000	150 182 000	117 060 000
Total Equity	47 206 000	57 246 000	60 457 000	46 502 000
Short-Term Group Debt	3 801 000	4 852 000	5 115 000	4 122 000
Total Long-Term Debt	53 245 000	13 923 000	16 873 000	7 667 000
Creditors	9 077 000	22 813 000	23 828 000	28 446 000
Unpaid Taxes	14 039 000	10 491 000	11 268 000	11 383 000
Dividends	25 115 000	20 000 000	13 000 000	0
Other Current Debt	24 391 000	19 357 000	19 641 000	17 345 000
Total Current Debt	51 308 000	75 207 000	72 851 000	62 891 000
Total Equity and Debt	151 759 000	146 376 000	150 182 000	117 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,72 %	30,92 %	42,22 %	36,02 %
Debt-to-Equity Ratio	1,13	0,24	0,28	0,16
Operating Profit Margin	5,08 %	7,18 %	7,76 %	6,63 %
Current Ratio	1,92	1,87	1,98	1,79
Quick Ratio	1,94	1,89	2,1	1,9
Equity Ratio	0,31	0,39	0,4	0,4
Gross Profit Margin	48,29 %	50,86 %	40,14 %	44,64 %