ARVE TVETE & CO AS

1706 SARPSBORG

Finances

Return on Equity

10,16 %

Current Ratio

2,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 143 000	6 904 000	6 543 000	7 367 000
Net Income	351 000	253 000	61 000	17 000
Total Assets	5 153 000	4 100 000	3 611 000	3 745 000
Total Equity	3 456 000	3 105 000	2 852 000	2 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 143 000	6 904 000	6 543 000	7 367 000
Expenditure	10 691 000	6 654 000	6 484 000	7 353 000
Operating Profit	452 000	250 000	59 000	14 000
Financial Income	4 000	4 000	5 000	6 000
Financial Costs	4 000	1 000	3 000	2 000
Financial Balance	0	3 000	2 000	4 000
Earnings Before Tax	452 000	254 000	61 000	17 000
Tax	101 000	1 000	0	0
Net Income	351 000	253 000	61 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	215 000	78 000	61 000	70 000
Total Current Assets	4 938 000	4 022 000	3 550 000	3 675 000
Total Assets	5 153 000	4 100 000	3 611 000	3 745 000
Total Retained Equity	3 356 000	3 005 000	2 752 000	2 691 000
Total Equity	3 456 000	3 105 000	2 852 000	2 791 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	1 697 000	994 000	759 000	954 000
Total Equity and Debt	5 153 000	4 100 000	3 611 000	3 745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 136 000	6 744 000	6 505 000	7 367 000
Other Income	8 000	159 000	38 000	0
Revenue	11 143 000	6 904 000	6 543 000	7 367 000
Cost of Goods Sold	6 064 000	3 598 000	3 621 000	3 920 000
Salary Costs	2 697 000	1 897 000	1 799 000	2 361 000
Depreciation	28 000	14 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	10 691 000	6 654 000	6 484 000	7 353 000
Operating Profit	452 000	250 000	59 000	14 000
Financial Income	4 000	4 000	5 000	6 000
Financial Costs	4 000	1 000	3 000	2 000
Financial Balance	0	3 000	2 000	4 000
Dividends	0	0	0	0
Net Income	351 000	253 000	61 000	17 000

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	160 000	44 000	27 000	36 000
Total Tangible Assets	160 000	44 000	27 000	36 000
Total Fiancial Fixed Assets	55 000	34 000	34 000	34 000
Total Fixed Assets	215 000	78 000	61 000	70 000
Stock	2 334 000	1 809 000	1 798 000	1 680 000
Total Investments	0	0	0	0
Cash, Bank	2 267 000	2 154 000	1 715 000	1 941 000
Total Current Assets	4 938 000	4 022 000	3 550 000	3 675 000
Total Assets	5 153 000	4 100 000	3 611 000	3 745 000
Total Equity	3 456 000	3 105 000	2 852 000	2 791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	360 000	167 000	67 000	89 000
Unpaid Taxes	676 000	452 000	349 000	457 000
Dividends	0	0	0	0
Other Current Debt	559 000	376 000	343 000	408 000
Total Current Debt	1 697 000	994 000	759 000	954 000
Total Equity and Debt	5 153 000	4 100 000	3 611 000	3 745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,16 %	8,15 %	2,14 %	0,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,06 %	3,62 %	0,9 %	0,19 %
Current Ratio	2,91	4,05	4,68	3,85
Quick Ratio	−7,75	−4,93	−3,42	−5,06
Equity Ratio	0,67	0,76	0,79	0,75
Gross Profit Margin	45,58 %	47,89 %	44,66 %	46,79 %