ARVE STÅLE OLSEN AS

3271 LARVIK

Finances

Share Ownership

Return on Equity

−16,1 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	109 266 000	86 968 000	47 510 000	61 153 000
Net Income	−1 667 000	2 154 000	4 432 000	1 635 000
Total Assets	35 464 000	31 578 000	24 138 000	23 937 000
Total Equity	10 354 000	12 021 000	11 367 000	9 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	109 266 000	86 968 000	47 510 000	61 153 000
Expenditure	119 120 000	82 279 000	41 468 000	52 068 000
Operating Profit	−1 935 000	2 778 000	5 774 000	2 832 000
Financial Income	0	20 000	7 000	12 000
Financial Costs	203 000	36 000	97 000	725 000
Financial Balance	−203 000	−16 000	−90 000	−713 000
Earnings Before Tax	−2 138 000	2 762 000	5 684 000	2 119 000
Tax	−470 000	608 000	1 251 000	484 000
Net Income	−1 667 000	2 154 000	4 432 000	1 635 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 596 000	7 223 000	3 899 000	3 547 000
Total Current Assets	29 868 000	24 355 000	20 239 000	20 390 000
Total Assets	35 464 000	31 578 000	24 138 000	23 937 000
Total Retained Equity	9 254 000	10 921 000	10 267 000	7 935 000
Total Equity	10 354 000	12 021 000	11 367 000	9 035 000
Total Long-Term Debt	3 847 000	4 486 000	589 000	4 058 000
Total Current Debt	21 264 000	15 071 000	12 181 000	10 844 000
Total Equity and Debt	35 464 000	31 578 000	24 138 000	23 937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 219 000	86 294 000	46 550 000	61 029 000
Other Income	1 047 000	675 000	960 000	124 000
Revenue	109 266 000	86 968 000	47 510 000	61 153 000
Cost of Goods Sold	93 723 000	58 115 000	20 384 000	28 938 000
Salary Costs	20 963 000	19 368 000	17 487 000	18 928 000
Depreciation	623 000	553 000	505 000	416 000
Impairment	0	0	0	0
Expenditure	119 120 000	82 279 000	41 468 000	52 068 000
Operating Profit	−1 935 000	2 778 000	5 774 000	2 832 000
Financial Income	0	20 000	7 000	12 000
Financial Costs	203 000	36 000	97 000	725 000
Financial Balance	−203 000	−16 000	−90 000	−713 000
Dividends	0	1 500 000	2 100 000	0
Net Income	−1 667 000	2 154 000	4 432 000	1 635 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 073 000	5 610 000	1 784 000	1 784 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 523 000	1 613 000	2 115 000	1 763 000
Total Tangible Assets	5 596 000	7 223 000	3 899 000	3 547 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 596 000	7 223 000	3 899 000	3 547 000
Stock	9 764 000	1 844 000	3 756 000	7 909 000
Total Investments	0	0	0	0
Cash, Bank	7 763 000	1 733 000	9 993 000	1 028 000
Total Current Assets	29 868 000	24 355 000	20 239 000	20 390 000
Total Assets	35 464 000	31 578 000	24 138 000	23 937 000
Total Equity	10 354 000	12 021 000	11 367 000	9 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 847 000	4 486 000	589 000	4 058 000
Creditors	13 769 000	8 883 000	3 528 000	5 925 000
Unpaid Taxes	2 906 000	2 251 000	2 667 000	2 054 000
Dividends	0	1 500 000	2 100 000	0
Other Current Debt	4 589 000	2 437 000	2 436 000	2 387 000
Total Current Debt	21 264 000	15 071 000	12 181 000	10 844 000
Total Equity and Debt	35 464 000	31 578 000	24 138 000	23 937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,1 %	17,92 %	38,99 %	18,1 %
Debt-to-Equity Ratio	0,37	0,37	0,05	0,45
Operating Profit Margin	−1,77 %	3,19 %	12,15 %	4,63 %
Current Ratio	1,4	1,62	1,66	1,88
Quick Ratio	2,6	1,84	2,4	6,95
Equity Ratio	0,29	0,38	0,47	0,38
Gross Profit Margin	14,22 %	33,18 %	57,1 %	52,68 %