ARNE OTTO MYKLEBUST AS

6160 HOVDEBYGDA

Finances

Return on Equity

5,15 %

Current Ratio

5,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	262 000	172 000	363 000	239 000
Net Income	20 000	−44 000	51 000	−3 000
Total Assets	442 000	410 000	458 000	416 000
Total Equity	388 000	367 000	411 000	360 000

Income (NOK)	2022	2021	2020	2019
Revenue	262 000	172 000	363 000	239 000
Expenditure	241 000	216 000	301 000	241 000
Operating Profit	21 000	−44 000	63 000	−2 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	20 000	−44 000	63 000	−3 000
Tax	0	0	12 000	0
Net Income	20 000	−44 000	51 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	146 000	148 000	150 000	134 000
Total Current Assets	296 000	262 000	308 000	283 000
Total Assets	442 000	410 000	458 000	416 000
Total Retained Equity	288 000	267 000	311 000	260 000
Total Equity	388 000	367 000	411 000	360 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	54 000	43 000	46 000	56 000
Total Equity and Debt	442 000	410 000	458 000	416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	262 000	147 000	363 000	239 000
Other Income	0	25 000	0	0
Revenue	262 000	172 000	363 000	239 000
Cost of Goods Sold	94 000	1 000	4 000	38 000
Salary Costs	24 000	38 000	25 000	15 000
Depreciation	2 000	2 000	2 000	0
Impairment	0	0	0	0
Expenditure	241 000	216 000	301 000	241 000
Operating Profit	21 000	−44 000	63 000	−2 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	20 000	−44 000	51 000	−3 000

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	12 000	14 000	16 000	0
Total Tangible Assets	12 000	14 000	16 000	0
Total Fiancial Fixed Assets	134 000	134 000	134 000	134 000
Total Fixed Assets	146 000	148 000	150 000	134 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	160 000	192 000	182 000
Total Current Assets	296 000	262 000	308 000	283 000
Total Assets	442 000	410 000	458 000	416 000
Total Equity	388 000	367 000	411 000	360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	47 000	31 000	13 000	40 000
Unpaid Taxes	6 000	12 000	21 000	9 000
Dividends	0	0	0	0
Other Current Debt	0	0	1 000	7 000
Total Current Debt	54 000	43 000	46 000	56 000
Total Equity and Debt	442 000	410 000	458 000	416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,15 %	−11,99 %	12,41 %	−0,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,02 %	−25,58 %	17,36 %	−0,84 %
Current Ratio	5,48	6,09	6,7	5,05
Quick Ratio	5,48	6,09	6,7	5,05
Equity Ratio	0,88	0,9	0,9	0,87
Gross Profit Margin	64,12 %	99,42 %	98,9 %	84,1 %