ÅRNES SPORT AS

2150 ÅRNES

Finances

Return on Equity

−8,77 %

Current Ratio

2,68

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 757 000	19 329 000	16 059 000	14 102 000
Net Income	−806 000	3 533 000	1 439 000	−165 000
Total Assets	14 732 000	16 937 000	12 190 000	9 198 000
Total Equity	9 186 000	9 993 000	6 459 000	5 020 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 757 000	19 329 000	16 059 000	14 102 000
Expenditure	18 568 000	17 152 000	14 657 000	14 159 000
Operating Profit	−810 000	2 177 000	1 402 000	−58 000
Financial Income	15 000	3 838 000	406 000	136 000
Financial Costs	198 000	2 012 000	73 000	263 000
Financial Balance	−183 000	1 826 000	333 000	−127 000
Earnings Before Tax	−993 000	4 003 000	1 735 000	−184 000
Tax	−187 000	469 000	296 000	−19 000
Net Income	−806 000	3 533 000	1 439 000	−165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 678 000	1 703 000	1 547 000	1 425 000
Total Current Assets	13 054 000	15 234 000	10 643 000	7 773 000
Total Assets	14 732 000	16 937 000	12 190 000	9 198 000
Total Retained Equity	6 186 000	6 993 000	3 459 000	2 020 000
Total Equity	9 186 000	9 993 000	6 459 000	5 020 000
Total Long-Term Debt	675 000	975 000	1 275 000	83 000
Total Current Debt	4 870 000	5 969 000	4 456 000	4 094 000
Total Equity and Debt	14 732 000	16 937 000	12 190 000	9 198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 757 000	19 253 000	15 996 000	14 077 000
Other Income	0	75 000	63 000	25 000
Revenue	17 757 000	19 329 000	16 059 000	14 102 000
Cost of Goods Sold	11 244 000	11 036 000	9 320 000	9 132 000
Salary Costs	5 024 000	4 269 000	3 924 000	3 575 000
Depreciation	212 000	172 000	143 000	73 000
Impairment	0	0	0	0
Expenditure	18 568 000	17 152 000	14 657 000	14 159 000
Operating Profit	−810 000	2 177 000	1 402 000	−58 000
Financial Income	15 000	3 838 000	406 000	136 000
Financial Costs	198 000	2 012 000	73 000	263 000
Financial Balance	−183 000	1 826 000	333 000	−127 000
Dividends	0	0	0	0
Net Income	−806 000	3 533 000	1 439 000	−165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	191 000	4 000	8 000	93 000
Real Eastate	1 129 000	1 212 000	1 296 000	1 017 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	358 000	487 000	243 000	315 000
Total Tangible Assets	1 487 000	1 699 000	1 539 000	1 331 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 678 000	1 703 000	1 547 000	1 425 000
Stock	11 561 000	7 959 000	5 480 000	5 346 000
Total Investments	74 000	83 000	1 753 000	1 358 000
Cash, Bank	1 202 000	6 789 000	3 216 000	859 000
Total Current Assets	13 054 000	15 234 000	10 643 000	7 773 000
Total Assets	14 732 000	16 937 000	12 190 000	9 198 000
Total Equity	9 186 000	9 993 000	6 459 000	5 020 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	675 000	975 000	1 275 000	83 000
Creditors	2 299 000	2 561 000	1 376 000	1 418 000
Unpaid Taxes	496 000	666 000	840 000	602 000
Dividends	0	0	0	0
Other Current Debt	2 076 000	2 277 000	2 029 000	2 075 000
Total Current Debt	4 870 000	5 969 000	4 456 000	4 094 000
Total Equity and Debt	14 732 000	16 937 000	12 190 000	9 198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,77 %	35,35 %	22,28 %	−3,29 %
Debt-to-Equity Ratio	0,07	0,1	0,2	0,02
Operating Profit Margin	−4,56 %	11,26 %	8,73 %	−0,41 %
Current Ratio	2,68	2,55	2,39	1,9
Quick Ratio	−1,95	−7,66	−10,39	−6,21
Equity Ratio	0,62	0,59	0,53	0,55
Gross Profit Margin	36,68 %	42,9 %	41,96 %	35,24 %