KENNETH ARNESEN BILVERKSTED AS

1859 SLITU

Finances

Share Ownership

Return on Equity

20,61 %

Current Ratio

3,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 964 000	5 908 000	5 531 000	5 218 000
Net Income	589 000	718 000	549 000	675 000
Total Assets	3 660 000	3 294 000	2 942 000	3 028 000
Total Equity	2 858 000	2 269 000	1 751 000	1 702 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 964 000	5 908 000	5 531 000	5 218 000
Expenditure	5 219 000	4 989 000	4 839 000	4 354 000
Operating Profit	746 000	920 000	692 000	864 000
Financial Income	10 000	1 000	13 000	3 000
Financial Costs	0	0	0	0
Financial Balance	10 000	1 000	13 000	3 000
Earnings Before Tax	755 000	921 000	704 000	867 000
Tax	166 000	203 000	156 000	191 000
Net Income	589 000	718 000	549 000	675 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	650 000	644 000	570 000	606 000
Total Current Assets	3 010 000	2 651 000	2 372 000	2 422 000
Total Assets	3 660 000	3 294 000	2 942 000	3 028 000
Total Retained Equity	2 828 000	2 239 000	1 721 000	1 672 000
Total Equity	2 858 000	2 269 000	1 751 000	1 702 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	802 000	1 025 000	1 191 000	1 326 000
Total Equity and Debt	3 660 000	3 294 000	2 942 000	3 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 857 000	5 851 000	5 491 000	5 171 000
Other Income	107 000	57 000	40 000	47 000
Revenue	5 964 000	5 908 000	5 531 000	5 218 000
Cost of Goods Sold	1 940 000	1 959 000	1 851 000	1 854 000
Salary Costs	2 003 000	2 048 000	1 984 000	1 514 000
Depreciation	158 000	139 000	125 000	106 000
Impairment	0	0	0	0
Expenditure	5 219 000	4 989 000	4 839 000	4 354 000
Operating Profit	746 000	920 000	692 000	864 000
Financial Income	10 000	1 000	13 000	3 000
Financial Costs	0	0	0	0
Financial Balance	10 000	1 000	13 000	3 000
Dividends	0	200 000	500 000	500 000
Net Income	589 000	718 000	549 000	675 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	46 000	37 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	79 000	0
Fixtures	594 000	595 000	451 000	582 000
Total Tangible Assets	594 000	595 000	530 000	582 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	650 000	644 000	570 000	606 000
Stock	61 000	57 000	36 000	52 000
Total Investments	0	0	0	0
Cash, Bank	2 630 000	2 251 000	2 083 000	1 755 000
Total Current Assets	3 010 000	2 651 000	2 372 000	2 422 000
Total Assets	3 660 000	3 294 000	2 942 000	3 028 000
Total Equity	2 858 000	2 269 000	1 751 000	1 702 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	178 000	149 000	106 000	258 000
Unpaid Taxes	295 000	308 000	247 000	249 000
Dividends	0	200 000	500 000	500 000
Other Current Debt	156 000	157 000	165 000	116 000
Total Current Debt	802 000	1 025 000	1 191 000	1 326 000
Total Equity and Debt	3 660 000	3 294 000	2 942 000	3 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,61 %	31,64 %	31,35 %	39,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,51 %	15,57 %	12,51 %	16,56 %
Current Ratio	3,75	2,59	1,99	1,83
Quick Ratio	4,06	2,74	2,05	1,9
Equity Ratio	0,78	0,69	0,6	0,56
Gross Profit Margin	67,47 %	66,84 %	66,53 %	64,47 %