ARVID OLSEN FØLGEBIL AS

4534 MARNARDAL

Finances

Share Ownership

Return on Equity

20,54 %

Current Ratio

4,47

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	570 000	559 000	488 000	429 000
Net Income	91 000	100 000	111 000	78 000
Total Assets	895 000	600 000	673 000	606 000
Total Equity	443 000	352 000	252 000	141 000

Income (NOK)	2022	2021	2020	2019
Revenue	570 000	559 000	488 000	429 000
Expenditure	443 000	407 000	327 000	309 000
Operating Profit	126 000	153 000	160 000	121 000
Financial Income	0	0	0	0
Financial Costs	16 000	12 000	17 000	21 000
Financial Balance	−16 000	−12 000	−17 000	−21 000
Earnings Before Tax	111 000	141 000	143 000	100 000
Tax	20 000	41 000	33 000	22 000
Net Income	91 000	100 000	111 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 000	122 000	228 000	322 000
Total Current Assets	590 000	478 000	445 000	284 000
Total Assets	895 000	600 000	673 000	606 000
Total Retained Equity	418 000	327 000	228 000	117 000
Total Equity	443 000	352 000	252 000	141 000
Total Long-Term Debt	320 000	113 000	218 000	297 000
Total Current Debt	132 000	135 000	203 000	167 000
Total Equity and Debt	895 000	600 000	673 000	606 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	570 000	477 000	488 000	429 000
Other Income	0	82 000	0	0
Revenue	570 000	559 000	488 000	429 000
Cost of Goods Sold	2 000	0	0	8 000
Salary Costs	52 000	26 000	51 000	43 000
Depreciation	82 000	93 000	94 000	89 000
Impairment	0	0	0	0
Expenditure	443 000	407 000	327 000	309 000
Operating Profit	126 000	153 000	160 000	121 000
Financial Income	0	0	0	0
Financial Costs	16 000	12 000	17 000	21 000
Financial Balance	−16 000	−12 000	−17 000	−21 000
Dividends	0	0	0	0
Net Income	91 000	100 000	111 000	78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	304 000	122 000	228 000	322 000
Total Tangible Assets	304 000	122 000	228 000	322 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	304 000	122 000	228 000	322 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	546 000	447 000	397 000	261 000
Total Current Assets	590 000	478 000	445 000	284 000
Total Assets	895 000	600 000	673 000	606 000
Total Equity	443 000	352 000	252 000	141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	320 000	113 000	218 000	297 000
Creditors	14 000	3 000	19 000	14 000
Unpaid Taxes	92 000	81 000	91 000	82 000
Dividends	0	0	0	0
Other Current Debt	6 000	10 000	54 000	48 000
Total Current Debt	132 000	135 000	203 000	167 000
Total Equity and Debt	895 000	600 000	673 000	606 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,54 %	28,41 %	44,05 %	55,32 %
Debt-to-Equity Ratio	0,72	0,32	0,87	2,11
Operating Profit Margin	22,11 %	27,37 %	32,79 %	28,21 %
Current Ratio	4,47	3,54	2,19	1,7
Quick Ratio	4,47	3,54	2,19	1,7
Equity Ratio	0,49	0,59	0,37	0,23
Gross Profit Margin	99,65 %	100 %	100 %	98,14 %