ÅRNES VANNVERK SA

2150 ÅRNES

Finances

Share Ownership

Return on Equity

2,41 %

Current Ratio

0,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 741 000	23 259 000	19 545 000	18 635 000
Net Income	748 000	146 000	138 000	−474 000
Total Assets	35 677 000	37 775 000	35 345 000	31 576 000
Total Equity	31 073 000	30 257 000	29 970 000	29 787 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 741 000	23 259 000	19 545 000	18 635 000
Expenditure	22 942 000	23 077 000	19 437 000	19 275 000
Operating Profit	798 000	184 000	108 000	−640 000
Financial Income	88 000	75 000	100 000	173 000
Financial Costs	138 000	113 000	70 000	7 000
Financial Balance	−50 000	−38 000	30 000	166 000
Earnings Before Tax	748 000	146 000	138 000	−474 000
Tax	0	0	0	0
Net Income	748 000	146 000	138 000	−474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 248 000	33 643 000	32 213 000	28 123 000
Total Current Assets	3 429 000	4 132 000	3 132 000	3 453 000
Total Assets	35 677 000	37 775 000	35 345 000	31 576 000
Total Retained Equity	27 674 000	26 926 000	26 780 000	26 641 000
Total Equity	31 073 000	30 257 000	29 970 000	29 787 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 605 000	7 519 000	5 375 000	1 790 000
Total Equity and Debt	35 677 000	37 775 000	35 345 000	31 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 741 000	23 245 000	19 545 000	18 635 000
Other Income	0	15 000	0	0
Revenue	23 741 000	23 259 000	19 545 000	18 635 000
Cost of Goods Sold	95 000	92 000	68 000	73 000
Salary Costs	6 520 000	6 250 000	6 318 000	5 362 000
Depreciation	2 583 000	2 838 000	2 520 000	2 058 000
Impairment	0	985 000	0	0
Expenditure	22 942 000	23 077 000	19 437 000	19 275 000
Operating Profit	798 000	184 000	108 000	−640 000
Financial Income	88 000	75 000	100 000	173 000
Financial Costs	138 000	113 000	70 000	7 000
Financial Balance	−50 000	−38 000	30 000	166 000
Dividends	0	0	0	0
Net Income	748 000	146 000	138 000	−474 000

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	30 575 000	32 139 000	30 705 000	26 659 000
Fixtures	1 673 000	1 505 000	1 508 000	1 464 000
Total Tangible Assets	32 248 000	33 643 000	32 213 000	28 123 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 248 000	33 643 000	32 213 000	28 123 000
Stock	1 985 000	2 026 000	1 671 000	1 481 000
Total Investments	0	0	0	0
Cash, Bank	323 000	314 000	310 000	1 247 000
Total Current Assets	3 429 000	4 132 000	3 132 000	3 453 000
Total Assets	35 677 000	37 775 000	35 345 000	31 576 000
Total Equity	31 073 000	30 257 000	29 970 000	29 787 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 590 000	4 411 000	794 000	720 000
Unpaid Taxes	432 000	481 000	600 000	620 000
Dividends	0	0	0	0
Other Current Debt	903 000	621 000	1 277 000	449 000
Total Current Debt	4 605 000	7 519 000	5 375 000	1 790 000
Total Equity and Debt	35 677 000	37 775 000	35 345 000	31 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,41 %	0,48 %	0,46 %	−1,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,36 %	0,79 %	0,55 %	−3,43 %
Current Ratio	0,74	0,55	0,58	1,93
Quick Ratio	1,31	0,75	0,85	11,17
Equity Ratio	0,87	0,8	0,85	0,94
Gross Profit Margin	99,6 %	99,6 %	99,65 %	99,61 %