Arne Joakimsen A/S

4006 STAVANGER

Finances

Return on Equity

−99,84 %

Current Ratio

0,99

Debt-to-Equity Ratio

3,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 085 000	75 754 000	71 415 000	120 852 000
Net Income	−6 196 000	1 195 000	−935 000	6 939 000
Total Assets	48 421 000	51 839 000	66 820 000	61 328 000
Total Equity	6 206 000	12 306 000	15 599 000	17 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 085 000	75 754 000	71 415 000	120 852 000
Expenditure	99 862 000	73 495 000	71 371 000	117 724 000
Operating Profit	−2 778 000	2 258 000	43 000	3 128 000
Financial Income	458 000	864 000	−15 000	5 386 000
Financial Costs	1 051 000	1 526 000	1 124 000	1 000 000
Financial Balance	−593 000	−662 000	−1 139 000	4 386 000
Earnings Before Tax	−3 372 000	1 596 000	−1 095 000	7 515 000
Tax	2 824 000	401 000	−161 000	576 000
Net Income	−6 196 000	1 195 000	−935 000	6 939 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 214 000	33 088 000	38 804 000	37 192 000
Total Current Assets	20 207 000	18 751 000	28 016 000	24 136 000
Total Assets	48 421 000	51 839 000	66 820 000	61 328 000
Total Retained Equity	4 676 000	10 776 000	14 069 000	15 657 000
Total Equity	6 206 000	12 306 000	15 599 000	17 187 000
Total Long-Term Debt	21 779 000	20 948 000	35 103 000	17 358 000
Total Current Debt	20 435 000	18 584 000	16 118 000	26 783 000
Total Equity and Debt	48 421 000	51 839 000	66 820 000	61 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 489 000	66 598 000	64 457 000	117 721 000
Other Income	2 596 000	9 156 000	6 958 000	3 131 000
Revenue	97 085 000	75 754 000	71 415 000	120 852 000
Cost of Goods Sold	29 308 000	20 228 000	19 732 000	37 086 000
Salary Costs	40 985 000	27 887 000	25 679 000	47 848 000
Depreciation	3 777 000	4 232 000	4 697 000	4 229 000
Impairment	0	0	0	0
Expenditure	99 862 000	73 495 000	71 371 000	117 724 000
Operating Profit	−2 778 000	2 258 000	43 000	3 128 000
Financial Income	458 000	864 000	−15 000	5 386 000
Financial Costs	1 051 000	1 526 000	1 124 000	1 000 000
Financial Balance	−593 000	−662 000	−1 139 000	4 386 000
Dividends	0	0	0	0
Net Income	−6 196 000	1 195 000	−935 000	6 939 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 654 000	3 887 000	3 434 000	2 565 000
Real Eastate	19 129 000	21 665 000	24 961 000	23 920 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 077 000	2 498 000	3 148 000	4 435 000
Total Tangible Assets	21 205 000	24 163 000	28 108 000	28 355 000
Total Fiancial Fixed Assets	5 355 000	5 037 000	7 261 000	6 272 000
Total Fixed Assets	28 214 000	33 088 000	38 804 000	37 192 000
Stock	3 329 000	3 167 000	2 691 000	3 417 000
Total Investments	0	0	0	0
Cash, Bank	12 121 000	11 207 000	20 073 000	15 203 000
Total Current Assets	20 207 000	18 751 000	28 016 000	24 136 000
Total Assets	48 421 000	51 839 000	66 820 000	61 328 000
Total Equity	6 206 000	12 306 000	15 599 000	17 187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 779 000	20 948 000	35 103 000	17 358 000
Creditors	3 849 000	2 339 000	3 566 000	5 343 000
Unpaid Taxes	6 955 000	4 963 000	3 815 000	8 556 000
Dividends	0	0	0	0
Other Current Debt	9 216 000	8 458 000	7 408 000	10 343 000
Total Current Debt	20 435 000	18 584 000	16 118 000	26 783 000
Total Equity and Debt	48 421 000	51 839 000	66 820 000	61 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−99,84 %	9,71 %	−5,99 %	40,37 %
Debt-to-Equity Ratio	3,51	1,7	2,25	1,01
Operating Profit Margin	−2,86 %	2,98 %	0,06 %	2,59 %
Current Ratio	0,99	1,01	1,74	0,9
Quick Ratio	1,18	1,22	2,09	1,03
Equity Ratio	0,13	0,24	0,23	0,28
Gross Profit Margin	69,81 %	73,3 %	72,37 %	69,31 %