BRØDRENE ARNTZEN AS

8392 SØRVÅGEN

Finances

Return on Equity

20,16 %

Current Ratio

Debt-to-Equity Ratio

1,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 026 000	5 816 000	10 987 000	36 890 000
Net Income	2 276 000	−96 000	96 000	1 118 000
Total Assets	34 236 000	30 846 000	27 378 000	31 462 000
Total Equity	11 291 000	10 014 000	11 110 000	11 789 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 026 000	5 816 000	10 987 000	36 890 000
Expenditure	9 424 000	5 506 000	6 836 000	33 902 000
Operating Profit	3 611 000	383 000	413 000	2 090 000
Financial Income	40 000	124 000	131 000	63 000
Financial Costs	513 000	579 000	422 000	720 000
Financial Balance	−473 000	−455 000	−291 000	−657 000
Earnings Before Tax	3 139 000	−72 000	123 000	1 433 000
Tax	862 000	24 000	27 000	315 000
Net Income	2 276 000	−96 000	96 000	1 118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 955 000	26 688 000	22 293 000	22 178 000
Total Current Assets	11 281 000	4 157 000	5 086 000	9 284 000
Total Assets	34 236 000	30 846 000	27 378 000	31 462 000
Total Retained Equity	7 415 000	6 139 000	7 235 000	7 914 000
Total Equity	11 291 000	10 014 000	11 110 000	11 789 000
Total Long-Term Debt	17 313 000	18 443 000	14 870 000	15 428 000
Total Current Debt	5 631 000	2 389 000	1 398 000	4 244 000
Total Equity and Debt	34 236 000	30 846 000	27 378 000	31 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 915 000	1 507 000	6 597 000	34 125 000
Other Income	4 111 000	4 309 000	4 390 000	2 765 000
Revenue	13 026 000	5 816 000	10 987 000	36 890 000
Cost of Goods Sold	3 674 000	565 000	1 395 000	24 917 000
Salary Costs	1 937 000	2 707 000	2 335 000	3 975 000
Depreciation	1 225 000	953 000	991 000	956 000
Impairment	0	0	0	0
Expenditure	9 424 000	5 506 000	6 836 000	33 902 000
Operating Profit	3 611 000	383 000	413 000	2 090 000
Financial Income	40 000	124 000	131 000	63 000
Financial Costs	513 000	579 000	422 000	720 000
Financial Balance	−473 000	−455 000	−291 000	−657 000
Dividends	1 000 000	0	0	0
Net Income	2 276 000	−96 000	96 000	1 118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 857 000	24 087 000	20 993 000	20 075 000
Machinery and Plant Facilities	1 889 000	2 373 000	849 000	981 000
Fixtures	74 000	94 000	305 000	439 000
Total Tangible Assets	22 820 000	26 553 000	22 147 000	21 495 000
Total Fiancial Fixed Assets	135 000	135 000	146 000	682 000
Total Fixed Assets	22 955 000	26 688 000	22 293 000	22 178 000
Stock	7 400 000	559 000	486 000	4 223 000
Total Investments	0	0	0	0
Cash, Bank	2 045 000	2 513 000	2 047 000	941 000
Total Current Assets	11 281 000	4 157 000	5 086 000	9 284 000
Total Assets	34 236 000	30 846 000	27 378 000	31 462 000
Total Equity	11 291 000	10 014 000	11 110 000	11 789 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 313 000	18 443 000	14 870 000	15 428 000
Creditors	557 000	63 000	280 000	565 000
Unpaid Taxes	524 000	537 000	206 000	336 000
Dividends	1 000 000	0	0	0
Other Current Debt	2 499 000	1 708 000	694 000	550 000
Total Current Debt	5 631 000	2 389 000	1 398 000	4 244 000
Total Equity and Debt	34 236 000	30 846 000	27 378 000	31 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,16 %	−0,96 %	0,86 %	9,48 %
Debt-to-Equity Ratio	1,53	1,84	1,34	1,31
Operating Profit Margin	27,72 %	6,59 %	3,76 %	5,67 %
Current Ratio	2	1,74	3,64	2,19
Quick Ratio	−6,38	2,27	5,58	442,1
Equity Ratio	0,33	0,32	0,41	0,37
Gross Profit Margin	71,79 %	90,29 %	87,3 %	32,46 %