ZETTERSTRØM & AARKVISLA AS

3302 HOKKSUND

Finances

Share Ownership

Return on Equity

5,14 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 830 000	1 231 000	1 442 000	1 252 000
Net Income	35 000	−111 000	34 000	−2 000
Total Assets	1 406 000	1 309 000	1 462 000	1 309 000
Total Equity	681 000	646 000	757 000	723 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 830 000	1 231 000	1 442 000	1 252 000
Expenditure	1 786 000	1 373 000	1 399 000	1 251 000
Operating Profit	45 000	−142 000	43 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	−3 000
Earnings Before Tax	45 000	−142 000	43 000	−2 000
Tax	10 000	−31 000	10 000	−1 000
Net Income	35 000	−111 000	34 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	264 000	341 000	487 000	283 000
Total Current Assets	1 142 000	968 000	975 000	1 026 000
Total Assets	1 406 000	1 309 000	1 462 000	1 309 000
Total Retained Equity	581 000	546 000	657 000	623 000
Total Equity	681 000	646 000	757 000	723 000
Total Long-Term Debt	0	348 000	448 000	248 000
Total Current Debt	725 000	315 000	257 000	337 000
Total Equity and Debt	1 406 000	1 309 000	1 462 000	1 309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 830 000	1 231 000	1 442 000	1 252 000
Other Income	0	0	0	0
Revenue	1 830 000	1 231 000	1 442 000	1 252 000
Cost of Goods Sold	661 000	279 000	260 000	189 000
Salary Costs	500 000	458 000	444 000	447 000
Depreciation	82 000	154 000	154 000	198 000
Impairment	0	0	0	0
Expenditure	1 786 000	1 373 000	1 399 000	1 251 000
Operating Profit	45 000	−142 000	43 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	−3 000
Dividends	0	0	0	0
Net Income	35 000	−111 000	34 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	56 000	25 000	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	218 000	285 000	439 000	205 000
Total Tangible Assets	218 000	285 000	439 000	205 000
Total Fiancial Fixed Assets	0	0	24 000	56 000
Total Fixed Assets	264 000	341 000	487 000	283 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	561 000	367 000	190 000	127 000
Total Current Assets	1 142 000	968 000	975 000	1 026 000
Total Assets	1 406 000	1 309 000	1 462 000	1 309 000
Total Equity	681 000	646 000	757 000	723 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	348 000	448 000	248 000
Creditors	198 000	20 000	86 000	58 000
Unpaid Taxes	258 000	183 000	98 000	212 000
Dividends	0	0	0	0
Other Current Debt	268 000	111 000	60 000	41 000
Total Current Debt	725 000	315 000	257 000	337 000
Total Equity and Debt	1 406 000	1 309 000	1 462 000	1 309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,14 %	−17,18 %	4,49 %	−0,28 %
Debt-to-Equity Ratio	0	0,54	0,59	0,34
Operating Profit Margin	2,46 %	−11,54 %	2,98 %	0,08 %
Current Ratio	1,58	3,07	3,79	3,04
Quick Ratio	1,58	3,07	3,79	3,04
Equity Ratio	0,48	0,49	0,52	0,55
Gross Profit Margin	63,88 %	77,34 %	81,97 %	84,9 %