ARNULF OLSEN AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

129,59 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 862 000	1 006 000	1 269 000	1 569 000
Net Income	1 073 000	66 000	−65 000	−400 000
Total Assets	2 073 000	565 000	405 000	616 000
Total Equity	828 000	105 000	39 000	104 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 862 000	1 006 000	1 269 000	1 569 000
Expenditure	1 574 000	937 000	1 325 000	1 959 000
Operating Profit	1 287 000	69 000	−55 000	−390 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	10 000	16 000
Financial Balance	0	−3 000	−10 000	−16 000
Earnings Before Tax	1 287 000	66 000	−65 000	−405 000
Tax	213 000	0	0	−5 000
Net Income	1 073 000	66 000	−65 000	−400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	7 000	95 000	176 000
Total Current Assets	2 050 000	558 000	311 000	440 000
Total Assets	2 073 000	565 000	405 000	616 000
Total Retained Equity	728 000	5 000	−61 000	4 000
Total Equity	828 000	105 000	39 000	104 000
Total Long-Term Debt	0	0	93 000	159 000
Total Current Debt	1 244 000	460 000	273 000	354 000
Total Equity and Debt	2 073 000	565 000	405 000	616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 862 000	1 006 000	1 180 000	1 488 000
Other Income	0	0	89 000	82 000
Revenue	2 862 000	1 006 000	1 269 000	1 569 000
Cost of Goods Sold	108 000	0	0	59 000
Salary Costs	829 000	424 000	681 000	1 096 000
Depreciation	10 000	12 000	79 000	80 000
Impairment	0	0	0	0
Expenditure	1 574 000	937 000	1 325 000	1 959 000
Operating Profit	1 287 000	69 000	−55 000	−390 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	10 000	16 000
Financial Balance	0	−3 000	−10 000	−16 000
Dividends	350 000	0	0	0
Net Income	1 073 000	66 000	−65 000	−400 000

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	23 000	7 000	95 000	173 000
Total Tangible Assets	23 000	7 000	95 000	173 000
Total Fiancial Fixed Assets	0	0	0	3 000
Total Fixed Assets	23 000	7 000	95 000	176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 632 000	327 000	187 000	217 000
Total Current Assets	2 050 000	558 000	311 000	440 000
Total Assets	2 073 000	565 000	405 000	616 000
Total Equity	828 000	105 000	39 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	93 000	159 000
Creditors	156 000	53 000	14 000	72 000
Unpaid Taxes	324 000	199 000	56 000	41 000
Dividends	350 000	0	0	0
Other Current Debt	202 000	208 000	203 000	241 000
Total Current Debt	1 244 000	460 000	273 000	354 000
Total Equity and Debt	2 073 000	565 000	405 000	616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	129,59 %	62,86 %	−166,67 %	−384,62 %
Debt-to-Equity Ratio	0	0	2,38	1,53
Operating Profit Margin	44,97 %	6,86 %	−4,33 %	−24,86 %
Current Ratio	1,65	1,21	1,14	1,24
Quick Ratio	1,65	1,21	1,14	1,24
Equity Ratio	0,4	0,19	0,1	0,17
Gross Profit Margin	96,23 %	100 %	100 %	96,24 %