ARNE MJELVA AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

654,44 %

Current Ratio

1,33

Debt-to-Equity Ratio

3,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 174 000	7 767 000	6 805 000	10 373 000
Net Income	589 000	423 000	204 000	2 643 000
Total Assets	1 672 000	1 792 000	2 179 000	1 787 000
Total Equity	90 000	151 000	228 000	524 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 174 000	7 767 000	6 805 000	10 373 000
Expenditure	8 329 000	7 204 000	6 499 000	7 008 000
Operating Profit	846 000	563 000	305 000	3 365 000
Financial Income	71 000	37 000	76 000	89 000
Financial Costs	161 000	57 000	118 000	65 000
Financial Balance	−90 000	−20 000	−42 000	24 000
Earnings Before Tax	755 000	543 000	263 000	3 389 000
Tax	167 000	120 000	59 000	746 000
Net Income	589 000	423 000	204 000	2 643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	2 000
Total Current Assets	1 672 000	1 792 000	2 179 000	1 784 000
Total Assets	1 672 000	1 792 000	2 179 000	1 787 000
Total Retained Equity	40 000	101 000	178 000	474 000
Total Equity	90 000	151 000	228 000	524 000
Total Long-Term Debt	326 000	384 000	453 000	537 000
Total Current Debt	1 256 000	1 257 000	1 498 000	726 000
Total Equity and Debt	1 672 000	1 792 000	2 179 000	1 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 174 000	7 767 000	6 805 000	7 378 000
Other Income	0	0	0	2 995 000
Revenue	9 174 000	7 767 000	6 805 000	10 373 000
Cost of Goods Sold	7 283 000	6 248 000	5 629 000	5 979 000
Salary Costs	484 000	484 000	475 000	442 000
Depreciation	0	0	2 000	4 000
Impairment	0	0	0	0
Expenditure	8 329 000	7 204 000	6 499 000	7 008 000
Operating Profit	846 000	563 000	305 000	3 365 000
Financial Income	71 000	37 000	76 000	89 000
Financial Costs	161 000	57 000	118 000	65 000
Financial Balance	−90 000	−20 000	−42 000	24 000
Dividends	650 000	500 000	350 000	0
Net Income	589 000	423 000	204 000	2 643 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
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	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 669 000	1 460 000	1 362 000	1 315 000
Total Current Assets	1 672 000	1 792 000	2 179 000	1 784 000
Total Assets	1 672 000	1 792 000	2 179 000	1 787 000
Total Equity	90 000	151 000	228 000	524 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	326 000	384 000	453 000	537 000
Creditors	288 000	336 000	707 000	279 000
Unpaid Taxes	36 000	161 000	210 000	142 000
Dividends	650 000	500 000	350 000	0
Other Current Debt	58 000	70 000	88 000	114 000
Total Current Debt	1 256 000	1 257 000	1 498 000	726 000
Total Equity and Debt	1 672 000	1 792 000	2 179 000	1 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	654,44 %	280,13 %	89,47 %	504,39 %
Debt-to-Equity Ratio	3,62	2,54	1,99	1,02
Operating Profit Margin	9,22 %	7,25 %	4,48 %	32,44 %
Current Ratio	1,33	1,43	1,45	2,46
Quick Ratio	1,33	1,43	1,45	2,46
Equity Ratio	0,05	0,08	0,1	0,29
Gross Profit Margin	20,61 %	19,56 %	17,28 %	42,36 %