MUSEENE ARVEN AS

7656 VERDAL

Finances

Return on Equity

5,98 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	114 315 000	101 814 000	86 452 000	96 198 000
Net Income	3 332 000	7 469 000	8 725 000	−2 716 000
Total Assets	77 069 000	76 290 000	69 584 000	63 106 000
Total Equity	55 735 000	45 403 000	37 934 000	29 210 000

Income (NOK)	2022	2021	2020	2019
Revenue	114 315 000	101 814 000	86 452 000	96 198 000
Expenditure	110 649 000	93 446 000	77 086 000	98 241 000
Operating Profit	3 665 000	8 367 000	9 365 000	−2 044 000
Financial Income	864 000	132 000	155 000	315 000
Financial Costs	743 000	735 000	795 000	986 000
Financial Balance	121 000	−603 000	−640 000	−671 000
Earnings Before Tax	3 785 000	7 764 000	8 725 000	−2 716 000
Tax	453 000	296 000	0	0
Net Income	3 332 000	7 469 000	8 725 000	−2 716 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 629 000	36 310 000	38 914 000	42 169 000
Total Current Assets	42 441 000	39 980 000	30 670 000	20 937 000
Total Assets	77 069 000	76 290 000	69 584 000	63 106 000
Total Retained Equity	32 735 000	29 403 000	21 934 000	13 210 000
Total Equity	55 735 000	45 403 000	37 934 000	29 210 000
Total Long-Term Debt	271 000	11 311 000	13 826 000	15 415 000
Total Current Debt	21 063 000	19 576 000	17 824 000	18 481 000
Total Equity and Debt	77 069 000	76 290 000	69 584 000	63 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 866 000	36 790 000	25 602 000	40 444 000
Other Income	66 448 000	65 024 000	60 850 000	55 754 000
Revenue	114 315 000	101 814 000	86 452 000	96 198 000
Cost of Goods Sold	10 850 000	8 076 000	5 754 000	8 494 000
Salary Costs	58 974 000	50 686 000	43 802 000	56 164 000
Depreciation	2 312 000	2 688 000	2 718 000	2 770 000
Impairment	0	0	0	0
Expenditure	110 649 000	93 446 000	77 086 000	98 241 000
Operating Profit	3 665 000	8 367 000	9 365 000	−2 044 000
Financial Income	864 000	132 000	155 000	315 000
Financial Costs	743 000	735 000	795 000	986 000
Financial Balance	121 000	−603 000	−640 000	−671 000
Dividends	0	0	0	0
Net Income	3 332 000	7 469 000	8 725 000	−2 716 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	174 000	84 000	0	0
Real Eastate	33 489 000	35 347 000	37 503 000	40 192 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	966 000	878 000	1 411 000	1 977 000
Total Tangible Assets	34 455 000	36 226 000	38 914 000	42 169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 629 000	36 310 000	38 914 000	42 169 000
Stock	1 550 000	1 602 000	1 242 000	1 565 000
Total Investments	0	0	0	0
Cash, Bank	35 349 000	35 021 000	26 258 000	15 940 000
Total Current Assets	42 441 000	39 980 000	30 670 000	20 937 000
Total Assets	77 069 000	76 290 000	69 584 000	63 106 000
Total Equity	55 735 000	45 403 000	37 934 000	29 210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	271 000	11 311 000	13 826 000	15 415 000
Creditors	5 100 000	4 583 000	3 114 000	2 622 000
Unpaid Taxes	4 462 000	4 048 000	3 121 000	4 213 000
Dividends	0	0	0	0
Other Current Debt	10 958 000	10 565 000	11 589 000	11 646 000
Total Current Debt	21 063 000	19 576 000	17 824 000	18 481 000
Total Equity and Debt	77 069 000	76 290 000	69 584 000	63 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,98 %	16,45 %	23 %	−9,3 %
Debt-to-Equity Ratio	0	0,25	0,36	0,53
Operating Profit Margin	3,21 %	8,22 %	10,83 %	−2,12 %
Current Ratio	2,01	2,04	1,72	1,13
Quick Ratio	2,18	2,22	1,85	1,24
Equity Ratio	0,72	0,6	0,55	0,46
Gross Profit Margin	90,51 %	92,07 %	93,34 %	91,17 %