ARNCO AS

6152 ØRSTA

Finances

Return on Equity

28,7 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 881 000	14 086 000	7 151 000	6 919 000
Net Income	1 452 000	3 910 000	−379 000	−260 000
Total Assets	10 517 000	10 170 000	7 033 000	8 182 000
Total Equity	5 059 000	4 207 000	3 197 000	4 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 881 000	14 086 000	7 151 000	6 919 000
Expenditure	8 798 000	10 277 000	6 976 000	7 061 000
Operating Profit	2 083 000	3 809 000	174 000	−141 000
Financial Income	615 000	1 038 000	217 000	163 000
Financial Costs	824 000	116 000	754 000	343 000
Financial Balance	−209 000	922 000	−537 000	−180 000
Earnings Before Tax	1 874 000	4 732 000	−363 000	−321 000
Tax	422 000	822 000	16 000	−61 000
Net Income	1 452 000	3 910 000	−379 000	−260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 428 000	2 496 000	3 087 000	3 441 000
Total Current Assets	7 089 000	7 674 000	3 945 000	4 742 000
Total Assets	10 517 000	10 170 000	7 033 000	8 182 000
Total Retained Equity	4 959 000	4 107 000	3 097 000	3 976 000
Total Equity	5 059 000	4 207 000	3 197 000	4 076 000
Total Long-Term Debt	1 689 000	716 000	1 942 000	2 516 000
Total Current Debt	3 769 000	5 247 000	1 894 000	1 590 000
Total Equity and Debt	10 517 000	10 170 000	7 033 000	8 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 481 000	14 086 000	7 151 000	6 919 000
Other Income	400 000	0	0	0
Revenue	10 881 000	14 086 000	7 151 000	6 919 000
Cost of Goods Sold	1 339 000	3 446 000	1 645 000	1 081 000
Salary Costs	2 952 000	3 244 000	2 446 000	2 552 000
Depreciation	1 042 000	817 000	766 000	819 000
Impairment	0	0	0	0
Expenditure	8 798 000	10 277 000	6 976 000	7 061 000
Operating Profit	2 083 000	3 809 000	174 000	−141 000
Financial Income	615 000	1 038 000	217 000	163 000
Financial Costs	824 000	116 000	754 000	343 000
Financial Balance	−209 000	922 000	−537 000	−180 000
Dividends	600 000	2 900 000	500 000	200 000
Net Income	1 452 000	3 910 000	−379 000	−260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	119 000	126 000	133 000	139 000
Machinery and Plant Facilities	2 734 000	1 942 000	2 698 000	3 068 000
Fixtures	249 000	290 000	251 000	183 000
Total Tangible Assets	3 102 000	2 357 000	3 082 000	3 390 000
Total Fiancial Fixed Assets	326 000	138 000	5 000	51 000
Total Fixed Assets	3 428 000	2 496 000	3 087 000	3 441 000
Stock	334 000	238 000	250 000	233 000
Total Investments	1 662 000	2 749 000	1 518 000	1 923 000
Cash, Bank	1 347 000	1 287 000	162 000	259 000
Total Current Assets	7 089 000	7 674 000	3 945 000	4 742 000
Total Assets	10 517 000	10 170 000	7 033 000	8 182 000
Total Equity	5 059 000	4 207 000	3 197 000	4 076 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 689 000	716 000	1 942 000	2 516 000
Creditors	128 000	245 000	189 000	372 000
Unpaid Taxes	783 000	866 000	632 000	753 000
Dividends	600 000	2 900 000	500 000	200 000
Other Current Debt	1 866 000	348 000	231 000	265 000
Total Current Debt	3 769 000	5 247 000	1 894 000	1 590 000
Total Equity and Debt	10 517 000	10 170 000	7 033 000	8 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,7 %	92,94 %	−11,85 %	−6,38 %
Debt-to-Equity Ratio	0,33	0,17	0,61	0,62
Operating Profit Margin	19,14 %	27,04 %	2,43 %	−2,04 %
Current Ratio	1,88	1,46	2,08	2,98
Quick Ratio	2,06	1,53	2,4	3,49
Equity Ratio	0,48	0,41	0,45	0,5
Gross Profit Margin	87,69 %	75,54 %	77 %	84,38 %