ARVE RONG TRANSPORT AS

5303 FOLLESE

Finances

Share Ownership

Return on Equity

45,93 %

Current Ratio

0,29

Debt-to-Equity Ratio

−2,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 695 000	12 276 000	12 231 000	11 966 000
Net Income	−271 000	470 000	393 000	−56 000
Total Assets	5 162 000	5 256 000	4 798 000	4 526 000
Total Equity	−590 000	−319 000	−789 000	−1 182 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 695 000	12 276 000	12 231 000	11 966 000
Expenditure	11 812 000	11 676 000	11 694 000	11 861 000
Operating Profit	−117 000	599 000	537 000	106 000
Financial Income	0	0	0	0
Financial Costs	154 000	129 000	144 000	161 000
Financial Balance	−154 000	−129 000	−144 000	−161 000
Earnings Before Tax	−271 000	470 000	393 000	−56 000
Tax	0	0	0	0
Net Income	−271 000	470 000	393 000	−56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 937 000	4 161 000	3 545 000	3 221 000
Total Current Assets	1 225 000	1 095 000	1 254 000	1 305 000
Total Assets	5 162 000	5 256 000	4 798 000	4 526 000
Total Retained Equity	−690 000	−419 000	−889 000	−1 282 000
Total Equity	−590 000	−319 000	−789 000	−1 182 000
Total Long-Term Debt	1 492 000	1 648 000	1 804 000	1 895 000
Total Current Debt	4 260 000	3 927 000	3 783 000	3 813 000
Total Equity and Debt	5 162 000	5 256 000	4 798 000	4 526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 578 000	11 747 000	11 974 000	11 648 000
Other Income	117 000	529 000	257 000	319 000
Revenue	11 695 000	12 276 000	12 231 000	11 966 000
Cost of Goods Sold	0	58 000	176 000	59 000
Salary Costs	3 841 000	4 124 000	3 810 000	3 580 000
Depreciation	85 000	82 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	11 812 000	11 676 000	11 694 000	11 861 000
Operating Profit	−117 000	599 000	537 000	106 000
Financial Income	0	0	0	0
Financial Costs	154 000	129 000	144 000	161 000
Financial Balance	−154 000	−129 000	−144 000	−161 000
Dividends	0	0	0	0
Net Income	−271 000	470 000	393 000	−56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 158 000	3 158 000	3 158 000	3 158 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	244 000	328 000	387 000	63 000
Total Tangible Assets	3 402 000	3 486 000	3 545 000	3 221 000
Total Fiancial Fixed Assets	535 000	675 000	0	0
Total Fixed Assets	3 937 000	4 161 000	3 545 000	3 221 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	48 000	41 000	0
Total Current Assets	1 225 000	1 095 000	1 254 000	1 305 000
Total Assets	5 162 000	5 256 000	4 798 000	4 526 000
Total Equity	−590 000	−319 000	−789 000	−1 182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 492 000	1 648 000	1 804 000	1 895 000
Creditors	1 888 000	1 546 000	1 553 000	1 802 000
Unpaid Taxes	1 349 000	1 444 000	1 347 000	1 061 000
Dividends	0	0	0	0
Other Current Debt	410 000	348 000	322 000	300 000
Total Current Debt	4 260 000	3 927 000	3 783 000	3 813 000
Total Equity and Debt	5 162 000	5 256 000	4 798 000	4 526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,93 %	−147,34 %	−49,81 %	4,74 %
Debt-to-Equity Ratio	−2,53	−5,17	−2,29	−1,6
Operating Profit Margin	−1 %	4,88 %	4,39 %	0,89 %
Current Ratio	0,29	0,28	0,33	0,34
Quick Ratio	0,29	0,28	0,33	0,34
Equity Ratio	−0,11	−0,06	−0,16	−0,26
Gross Profit Margin	100 %	99,53 %	98,56 %	99,51 %