ARVE KANDAL AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

29,56 %

Current Ratio

3,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 507 000	2 486 000	2 043 000	2 098 000
Net Income	436 000	322 000	82 000	211 000
Total Assets	2 184 000	1 680 000	1 423 000	968 000
Total Equity	1 475 000	1 039 000	717 000	635 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 507 000	2 486 000	2 043 000	2 098 000
Expenditure	1 949 000	2 066 000	1 923 000	1 821 000
Operating Profit	558 000	420 000	120 000	277 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	557 000	420 000	120 000	278 000
Tax	121 000	98 000	38 000	66 000
Net Income	436 000	322 000	82 000	211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	52 000	118 000	199 000
Total Current Assets	2 156 000	1 628 000	1 305 000	769 000
Total Assets	2 184 000	1 680 000	1 423 000	968 000
Total Retained Equity	1 445 000	1 009 000	687 000	605 000
Total Equity	1 475 000	1 039 000	717 000	635 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	709 000	641 000	706 000	333 000
Total Equity and Debt	2 184 000	1 680 000	1 423 000	968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 507 000	2 486 000	2 043 000	2 098 000
Other Income	0	0	0	0
Revenue	2 507 000	2 486 000	2 043 000	2 098 000
Cost of Goods Sold	393 000	491 000	263 000	392 000
Salary Costs	1 156 000	1 150 000	1 101 000	850 000
Depreciation	24 000	64 000	102 000	90 000
Impairment	0	0	0	0
Expenditure	1 949 000	2 066 000	1 923 000	1 821 000
Operating Profit	558 000	420 000	120 000	277 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	436 000	322 000	82 000	211 000

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	29 000	52 000	116 000	197 000
Total Tangible Assets	29 000	52 000	116 000	197 000
Total Fiancial Fixed Assets	0	0	2 000	2 000
Total Fixed Assets	29 000	52 000	118 000	199 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 653 000	664 000	641 000	468 000
Total Current Assets	2 156 000	1 628 000	1 305 000	769 000
Total Assets	2 184 000	1 680 000	1 423 000	968 000
Total Equity	1 475 000	1 039 000	717 000	635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	246 000	251 000	290 000	98 000
Unpaid Taxes	251 000	194 000	249 000	103 000
Dividends	0	0	0	0
Other Current Debt	91 000	98 000	130 000	64 000
Total Current Debt	709 000	641 000	706 000	333 000
Total Equity and Debt	2 184 000	1 680 000	1 423 000	968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,56 %	30,99 %	11,44 %	33,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,26 %	16,89 %	5,87 %	13,2 %
Current Ratio	3,04	2,54	1,85	2,31
Quick Ratio	3,04	2,54	1,85	2,31
Equity Ratio	0,68	0,62	0,5	0,66
Gross Profit Margin	84,32 %	80,25 %	87,13 %	81,32 %