ARVE JOHNSEN AS

1396 BILLINGSTAD

Finances

Return on Equity

21,1 %

Current Ratio

13,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	200 000
Net Income	1 362 000	943 000	−59 000	1 822 000
Total Assets	6 967 000	5 680 000	4 797 000	4 911 000
Total Equity	6 455 000	5 243 000	4 375 000	4 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	200 000
Expenditure	98 000	93 000	67 000	116 000
Operating Profit	−98 000	−93 000	−67 000	84 000
Financial Income	1 567 000	1 035 000	137 000	1 759 000
Financial Costs	108 000	0	137 000	0
Financial Balance	1 459 000	1 035 000	0	1 759 000
Earnings Before Tax	1 362 000	943 000	−66 000	1 843 000
Tax	0	0	−7 000	21 000
Net Income	1 362 000	943 000	−59 000	1 822 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	510 000	0	0
Total Current Assets	6 967 000	5 170 000	4 797 000	4 911 000
Total Assets	6 967 000	5 680 000	4 797 000	4 911 000
Total Retained Equity	6 305 000	5 093 000	4 225 000	4 329 000
Total Equity	6 455 000	5 243 000	4 375 000	4 479 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	512 000	437 000	422 000	433 000
Total Equity and Debt	6 967 000	5 680 000	4 797 000	4 911 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	200 000
Revenue	0	0	0	200 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	98 000	93 000	67 000	116 000
Operating Profit	−98 000	−93 000	−67 000	84 000
Financial Income	1 567 000	1 035 000	137 000	1 759 000
Financial Costs	108 000	0	137 000	0
Financial Balance	1 459 000	1 035 000	0	1 759 000
Dividends	150 000	75 000	45 000	15 000
Net Income	1 362 000	943 000	−59 000	1 822 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	510 000	0	0
Total Fixed Assets	0	510 000	0	0
Stock	0	0	0	0
Total Investments	5 669 000	5 005 000	3 937 000	4 592 000
Cash, Bank	1 290 000	159 000	846 000	319 000
Total Current Assets	6 967 000	5 170 000	4 797 000	4 911 000
Total Assets	6 967 000	5 680 000	4 797 000	4 911 000
Total Equity	6 455 000	5 243 000	4 375 000	4 479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	34 000
Dividends	150 000	75 000	45 000	15 000
Other Current Debt	362 000	362 000	362 000	362 000
Total Current Debt	512 000	437 000	422 000	433 000
Total Equity and Debt	6 967 000	5 680 000	4 797 000	4 911 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,1 %	17,99 %	−1,35 %	40,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	42 %
Current Ratio	13,61	11,83	11,37	11,34
Quick Ratio	13,61	11,83	11,37	11,34
Equity Ratio	0,93	0,92	0,91	0,91
Gross Profit Margin	-	-	-	100 %