ARENDAL EL TEAM AS

4847 ARENDAL

Finances

Return on Equity

48,77 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 336 000	67 959 000	83 363 000	52 610 000
Net Income	3 105 000	3 160 000	4 506 000	4 483 000
Total Assets	27 754 000	27 540 000	30 295 000	24 189 000
Total Equity	6 366 000	8 261 000	11 101 000	9 595 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 336 000	67 959 000	83 363 000	52 610 000
Expenditure	64 182 000	63 760 000	77 453 000	46 821 000
Operating Profit	4 154 000	4 199 000	5 909 000	5 789 000
Financial Income	14 000	3 000	40 000	90 000
Financial Costs	185 000	151 000	173 000	126 000
Financial Balance	−171 000	−148 000	−133 000	−36 000
Earnings Before Tax	3 982 000	4 051 000	5 776 000	5 754 000
Tax	877 000	891 000	1 270 000	1 270 000
Net Income	3 105 000	3 160 000	4 506 000	4 483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 492 000	6 567 000	6 173 000	5 782 000
Total Current Assets	21 262 000	20 973 000	24 122 000	18 408 000
Total Assets	27 754 000	27 540 000	30 295 000	24 189 000
Total Retained Equity	5 875 000	7 770 000	10 555 000	9 049 000
Total Equity	6 366 000	8 261 000	11 101 000	9 595 000
Total Long-Term Debt	1 715 000	2 649 000	3 271 000	3 318 000
Total Current Debt	19 673 000	16 630 000	15 923 000	11 276 000
Total Equity and Debt	27 754 000	27 540 000	30 295 000	24 189 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 336 000	67 959 000	83 363 000	52 610 000
Other Income	0	0	0	0
Revenue	68 336 000	67 959 000	83 363 000	52 610 000
Cost of Goods Sold	34 411 000	39 865 000	52 880 000	24 771 000
Salary Costs	23 336 000	18 963 000	20 048 000	17 977 000
Depreciation	339 000	363 000	246 000	233 000
Impairment	0	0	0	0
Expenditure	64 182 000	63 760 000	77 453 000	46 821 000
Operating Profit	4 154 000	4 199 000	5 909 000	5 789 000
Financial Income	14 000	3 000	40 000	90 000
Financial Costs	185 000	151 000	173 000	126 000
Financial Balance	−171 000	−148 000	−133 000	−36 000
Dividends	2 000 000	0	0	0
Net Income	3 105 000	3 160 000	4 506 000	4 483 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	489 000	546 000	0	0
Machinery and Plant Facilities	36 000	45 000	154 000	265 000
Fixtures	522 000	531 000	574 000	377 000
Total Tangible Assets	1 047 000	1 122 000	728 000	642 000
Total Fiancial Fixed Assets	5 445 000	5 445 000	5 445 000	5 139 000
Total Fixed Assets	6 492 000	6 567 000	6 173 000	5 782 000
Stock	2 564 000	1 593 000	1 224 000	679 000
Total Investments	0	0	0	0
Cash, Bank	3 819 000	3 080 000	3 384 000	9 073 000
Total Current Assets	21 262 000	20 973 000	24 122 000	18 408 000
Total Assets	27 754 000	27 540 000	30 295 000	24 189 000
Total Equity	6 366 000	8 261 000	11 101 000	9 595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 715 000	2 649 000	3 271 000	3 318 000
Creditors	4 852 000	9 291 000	8 464 000	3 051 000
Unpaid Taxes	4 045 000	1 808 000	3 190 000	2 708 000
Dividends	2 000 000	0	0	0
Other Current Debt	7 565 000	4 618 000	4 202 000	5 516 000
Total Current Debt	19 673 000	16 630 000	15 923 000	11 276 000
Total Equity and Debt	27 754 000	27 540 000	30 295 000	24 189 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,77 %	38,25 %	40,59 %	46,72 %
Debt-to-Equity Ratio	0,27	0,32	0,29	0,35
Operating Profit Margin	6,08 %	6,18 %	7,09 %	11 %
Current Ratio	1,08	1,26	1,51	1,63
Quick Ratio	1,24	1,39	1,64	1,74
Equity Ratio	0,23	0,3	0,37	0,4
Gross Profit Margin	49,64 %	41,34 %	36,57 %	52,92 %