ARENDAL SOUND INTERNATIONAL AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

53,37 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020
Revenue	40 711 000	28 024 000	18 314 000
Net Income	3 857 000	1 956 000	228 000
Total Assets	22 506 000	17 012 000	18 472 000
Total Equity	7 227 000	5 078 000	3 339 000

Income (NOK)	2022	2021	2020
Revenue	40 711 000	28 024 000	18 314 000
Expenditure	35 534 000	24 942 000	17 508 000
Operating Profit	5 178 000	3 083 000	806 000
Financial Income	1 097 000	130 000	192 000
Financial Costs	1 330 000	705 000	723 000
Financial Balance	−233 000	−575 000	−531 000
Earnings Before Tax	4 945 000	2 508 000	275 000
Tax	1 088 000	552 000	46 000
Net Income	3 857 000	1 956 000	228 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 360 000	1 561 000	6 499 000
Total Current Assets	20 146 000	15 452 000	11 973 000
Total Assets	22 506 000	17 012 000	18 472 000
Total Retained Equity	4 197 000	2 048 000	228 000
Total Equity	7 227 000	5 078 000	3 339 000
Total Long-Term Debt	2 614 000	5 155 000	9 891 000
Total Current Debt	12 665 000	6 779 000	5 241 000
Total Equity and Debt	22 506 000	17 012 000	18 472 000

Cash flow (NOK)	2022	2021	2020
Sales Income	40 711 000	28 009 000	18 314 000
Other Income	0	15 000	0
Revenue	40 711 000	28 024 000	18 314 000
Cost of Goods Sold	24 760 000	15 946 000	9 386 000
Salary Costs	2 921 000	2 386 000	2 413 000
Depreciation	224 000	152 000	21 000
Impairment	0	0	0
Expenditure	35 534 000	24 942 000	17 508 000
Operating Profit	5 178 000	3 083 000	806 000
Financial Income	1 097 000	130 000	192 000
Financial Costs	1 330 000	705 000	723 000
Financial Balance	−233 000	−575 000	−531 000
Dividends	1 500 000	400 000	0
Net Income	3 857 000	1 956 000	228 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 241 000	1 223 000	625 000
Total Tangible Assets	1 241 000	1 223 000	625 000
Total Fiancial Fixed Assets	1 120 000	337 000	5 874 000
Total Fixed Assets	2 360 000	1 561 000	6 499 000
Stock	14 245 000	7 079 000	6 984 000
Total Investments	0	0	0
Cash, Bank	100 000	4 977 000	3 368 000
Total Current Assets	20 146 000	15 452 000	11 973 000
Total Assets	22 506 000	17 012 000	18 472 000
Total Equity	7 227 000	5 078 000	3 339 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 614 000	5 155 000	9 891 000
Creditors	5 310 000	2 921 000	2 984 000
Unpaid Taxes	329 000	303 000	616 000
Dividends	1 500 000	400 000	0
Other Current Debt	1 324 000	2 561 000	1 508 000
Total Current Debt	12 665 000	6 779 000	5 241 000
Total Equity and Debt	22 506 000	17 012 000	18 472 000

Financial indicators	2022	2021	2020
Return on Equity	53,37 %	38,52 %	6,83 %
Debt-to-Equity Ratio	0,36	1,02	2,96
Operating Profit Margin	12,72 %	11 %	4,4 %
Current Ratio	1,59	2,28	2,28
Quick Ratio	−12,75	−51,51	−6,87
Equity Ratio	0,32	0,3	0,18
Gross Profit Margin	39,18 %	43,1 %	48,75 %