ARVID MYREN AS

7519 ELVARLI

Finances

Return on Equity

14,71 %

Current Ratio

2,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 947 000	2 186 000	1 463 000	1 510 000
Net Income	74 000	305 000	109 000	121 000
Total Assets	900 000	1 113 000	746 000	876 000
Total Equity	503 000	579 000	574 000	464 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 947 000	2 186 000	1 463 000	1 510 000
Expenditure	1 837 000	1 796 000	1 419 000	1 354 000
Operating Profit	110 000	390 000	45 000	156 000
Financial Income	1 000	7 000	100 000	6 000
Financial Costs	16 000	5 000	4 000	7 000
Financial Balance	−15 000	2 000	96 000	−1 000
Earnings Before Tax	95 000	392 000	140 000	155 000
Tax	21 000	86 000	31 000	34 000
Net Income	74 000	305 000	109 000	121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	110 000	209 000	232 000
Total Current Assets	851 000	1 004 000	538 000	644 000
Total Assets	900 000	1 113 000	746 000	876 000
Total Retained Equity	360 000	436 000	431 000	321 000
Total Equity	503 000	579 000	574 000	464 000
Total Long-Term Debt	0	0	0	11 000
Total Current Debt	397 000	535 000	173 000	401 000
Total Equity and Debt	900 000	1 113 000	746 000	876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 947 000	2 186 000	1 463 000	1 510 000
Other Income	0	0	0	0
Revenue	1 947 000	2 186 000	1 463 000	1 510 000
Cost of Goods Sold	677 000	769 000	505 000	543 000
Salary Costs	847 000	708 000	589 000	542 000
Depreciation	65 000	72 000	72 000	68 000
Impairment	0	0	0	0
Expenditure	1 837 000	1 796 000	1 419 000	1 354 000
Operating Profit	110 000	390 000	45 000	156 000
Financial Income	1 000	7 000	100 000	6 000
Financial Costs	16 000	5 000	4 000	7 000
Financial Balance	−15 000	2 000	96 000	−1 000
Dividends	150 000	300 000	0	0
Net Income	74 000	305 000	109 000	121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	9 000	1 000	0
Real Eastate	0	0	40 000	45 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	101 000	168 000	187 000
Total Tangible Assets	36 000	101 000	208 000	232 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	110 000	209 000	232 000
Stock	121 000	113 000	71 000	36 000
Total Investments	0	0	0	0
Cash, Bank	460 000	401 000	315 000	440 000
Total Current Assets	851 000	1 004 000	538 000	644 000
Total Assets	900 000	1 113 000	746 000	876 000
Total Equity	503 000	579 000	574 000	464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	11 000
Creditors	−40 000	−119 000	−65 000	0
Unpaid Taxes	170 000	184 000	117 000	120 000
Dividends	150 000	300 000	0	0
Other Current Debt	92 000	75 000	79 000	240 000
Total Current Debt	397 000	535 000	173 000	401 000
Total Equity and Debt	900 000	1 113 000	746 000	876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,71 %	52,68 %	18,99 %	26,08 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	5,65 %	17,84 %	3,08 %	10,33 %
Current Ratio	2,14	1,88	3,11	1,61
Quick Ratio	3,08	2,38	5,27	1,76
Equity Ratio	0,56	0,52	0,77	0,53
Gross Profit Margin	65,23 %	64,82 %	65,48 %	64,04 %