ARILD TØRRESEN AS

4737 HORNNES

Finances

Share Ownership

Return on Equity

−84,35 %

Current Ratio

0,83

Debt-to-Equity Ratio

5,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 054 000	2 813 000	2 931 000	2 628 000
Net Income	−264 000	138 000	169 000	173 000
Total Assets	2 473 000	2 724 000	2 768 000	1 453 000
Total Equity	313 000	577 000	439 000	270 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 054 000	2 813 000	2 931 000	2 628 000
Expenditure	3 217 000	2 557 000	2 665 000	2 337 000
Operating Profit	−162 000	256 000	266 000	292 000
Financial Income	0	5 000	5 000	0
Financial Costs	101 000	92 000	67 000	41 000
Financial Balance	−101 000	−87 000	−62 000	−41 000
Earnings Before Tax	−264 000	170 000	204 000	250 000
Tax	0	32 000	35 000	77 000
Net Income	−264 000	138 000	169 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 032 000	2 228 000	2 038 000	925 000
Total Current Assets	442 000	496 000	730 000	528 000
Total Assets	2 473 000	2 724 000	2 768 000	1 453 000
Total Retained Equity	283 000	547 000	409 000	240 000
Total Equity	313 000	577 000	439 000	270 000
Total Long-Term Debt	1 629 000	1 715 000	1 804 000	756 000
Total Current Debt	531 000	433 000	501 000	427 000
Total Equity and Debt	2 473 000	2 724 000	2 744 000	1 453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 048 000	2 813 000	2 987 000	2 657 000
Other Income	6 000	0	−56 000	−28 000
Revenue	3 054 000	2 813 000	2 931 000	2 628 000
Cost of Goods Sold	1 716 000	1 413 000	1 370 000	1 269 000
Salary Costs	753 000	696 000	814 000	608 000
Depreciation	197 000	188 000	133 000	185 000
Impairment	0	0	0	0
Expenditure	3 217 000	2 557 000	2 665 000	2 337 000
Operating Profit	−162 000	256 000	266 000	292 000
Financial Income	0	5 000	5 000	0
Financial Costs	101 000	92 000	67 000	41 000
Financial Balance	−101 000	−87 000	−62 000	−41 000
Dividends	0	0	0	0
Net Income	−264 000	138 000	169 000	173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 763 000	1 868 000	1 812 000	771 000
Machinery and Plant Facilities	32 000	41 000	33 000	11 000
Fixtures	236 000	319 000	193 000	143 000
Total Tangible Assets	2 032 000	2 228 000	2 038 000	925 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 032 000	2 228 000	2 038 000	925 000
Stock	110 000	296 000	239 000	156 000
Total Investments	0	0	0	0
Cash, Bank	67 000	43 000	241 000	216 000
Total Current Assets	442 000	496 000	730 000	528 000
Total Assets	2 473 000	2 724 000	2 768 000	1 453 000
Total Equity	313 000	577 000	439 000	270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 629 000	1 715 000	1 804 000	756 000
Creditors	147 000	159 000	169 000	150 000
Unpaid Taxes	115 000	72 000	132 000	88 000
Dividends	0	0	0	0
Other Current Debt	268 000	169 000	165 000	135 000
Total Current Debt	531 000	433 000	501 000	427 000
Total Equity and Debt	2 473 000	2 724 000	2 744 000	1 453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,35 %	23,92 %	38,5 %	64,07 %
Debt-to-Equity Ratio	5,2	2,97	4,11	2,8
Operating Profit Margin	−5,3 %	9,1 %	9,08 %	11,11 %
Current Ratio	0,83	1,15	1,46	1,24
Quick Ratio	1,05	3,62	2,79	1,95
Equity Ratio	0,13	0,21	0,16	0,19
Gross Profit Margin	43,81 %	49,77 %	53,26 %	51,71 %