ARTHREX NORWAY AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

11,98 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	95 317 000	81 044 000	81 564 000	72 993 000
Net Income	2 642 000	4 712 000	8 382 000	1 452 000
Total Assets	40 747 000	33 446 000	31 391 000	41 146 000
Total Equity	22 050 000	19 408 000	16 856 000	8 474 000

Income (NOK)	2023	2022	2021	2020
Revenue	95 317 000	81 044 000	81 564 000	72 993 000
Expenditure	90 465 000	74 776 000	72 222 000	68 352 000
Operating Profit	4 853 000	6 267 000	9 343 000	4 641 000
Financial Income	1 937 000	2 374 000	4 909 000	4 692 000
Financial Costs	3 762 000	2 661 000	3 500 000	7 440 000
Financial Balance	−1 825 000	−287 000	1 409 000	−2 748 000
Earnings Before Tax	3 028 000	5 980 000	10 752 000	1 893 000
Tax	386 000	1 268 000	2 370 000	442 000
Net Income	2 642 000	4 712 000	8 382 000	1 452 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	7 288 000	4 946 000	7 608 000	9 579 000
Total Current Assets	33 459 000	28 500 000	23 783 000	31 567 000
Total Assets	40 747 000	33 446 000	31 391 000	41 146 000
Total Retained Equity	2 309 000	−333 000	−2 885 000	−11 267 000
Total Equity	22 050 000	19 408 000	16 856 000	8 474 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 697 000	14 038 000	14 535 000	32 672 000
Total Equity and Debt	40 747 000	33 446 000	31 391 000	41 146 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	94 607 000	80 291 000	81 127 000	72 463 000
Other Income	710 000	753 000	437 000	530 000
Revenue	95 317 000	81 044 000	81 564 000	72 993 000
Cost of Goods Sold	52 989 000	42 356 000	43 685 000	38 938 000
Salary Costs	21 344 000	17 682 000	15 465 000	15 668 000
Depreciation	3 264 000	3 707 000	4 123 000	4 069 000
Impairment	0	0	0	0
Expenditure	90 465 000	74 776 000	72 222 000	68 352 000
Operating Profit	4 853 000	6 267 000	9 343 000	4 641 000
Financial Income	1 937 000	2 374 000	4 909 000	4 692 000
Financial Costs	3 762 000	2 661 000	3 500 000	7 440 000
Financial Balance	−1 825 000	−287 000	1 409 000	−2 748 000
Dividends	0	0	0	0
Net Income	2 642 000	4 712 000	8 382 000	1 452 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 160 000	2 974 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	4 958 000	6 456 000
Fixtures	7 288 000	4 946 000	490 000	149 000
Total Tangible Assets	7 288 000	4 946 000	5 448 000	6 605 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 288 000	4 946 000	7 608 000	9 579 000
Stock	13 865 000	8 519 000	8 116 000	7 863 000
Total Investments	0	0	0	0
Cash, Bank	4 239 000	8 669 000	4 380 000	13 575 000
Total Current Assets	33 459 000	28 500 000	23 783 000	31 567 000
Total Assets	40 747 000	33 446 000	31 391 000	41 146 000
Total Equity	22 050 000	19 408 000	16 856 000	8 474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 422 000	4 427 000	6 971 000	26 666 000
Unpaid Taxes	5 696 000	5 076 000	4 575 000	4 677 000
Dividends	0	0	0	0
Other Current Debt	1 926 000	1 711 000	1 433 000	1 329 000
Total Current Debt	18 697 000	14 038 000	14 535 000	32 672 000
Total Equity and Debt	40 747 000	33 446 000	31 391 000	41 146 000

Financial indicators	2023	2022	2021	2020
Return on Equity	11,98 %	24,28 %	49,73 %	17,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,09 %	7,73 %	11,45 %	6,36 %
Current Ratio	1,79	2,03	1,64	0,97
Quick Ratio	6,92	5,16	3,71	1,27
Equity Ratio	0,54	0,58	0,54	0,21
Gross Profit Margin	44,41 %	47,74 %	46,44 %	46,66 %