ARVEL AS

0657 OSLO

Finances

Share Ownership

Return on Equity

4,24 %

Current Ratio

0,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	142 000	138 000	2 741 000	261 000
Net Income	62 000	55 000	1 963 000	114 000
Total Assets	1 845 000	1 792 000	3 975 000	3 042 000
Total Equity	1 462 000	1 400 000	1 344 000	931 000

Income (NOK)	2022	2021	2020	2019
Revenue	142 000	138 000	2 741 000	261 000
Expenditure	63 000	67 000	202 000	79 000
Operating Profit	79 000	71 000	2 539 000	181 000
Financial Income	0	0	0	0
Financial Costs	0	0	23 000	36 000
Financial Balance	0	0	−23 000	−36 000
Earnings Before Tax	79 000	71 000	2 517 000	146 000
Tax	17 000	16 000	554 000	32 000
Net Income	62 000	55 000	1 963 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 771 000	1 771 000	1 771 000	2 903 000
Total Current Assets	74 000	21 000	2 204 000	139 000
Total Assets	1 845 000	1 792 000	3 975 000	3 042 000
Total Retained Equity	1 212 000	1 150 000	1 094 000	681 000
Total Equity	1 462 000	1 400 000	1 344 000	931 000
Total Long-Term Debt	0	0	499 000	2 029 000
Total Current Debt	383 000	392 000	2 132 000	81 000
Total Equity and Debt	1 845 000	1 792 000	3 975 000	3 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	142 000	138 000	210 000	261 000
Other Income	0	0	2 531 000	0
Revenue	142 000	138 000	2 741 000	261 000
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	63 000	67 000	202 000	79 000
Operating Profit	79 000	71 000	2 539 000	181 000
Financial Income	0	0	0	0
Financial Costs	0	0	23 000	36 000
Financial Balance	0	0	−23 000	−36 000
Dividends	0	0	1 550 000	0
Net Income	62 000	55 000	1 963 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 771 000	1 771 000	1 771 000	2 903 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 771 000	1 771 000	1 771 000	2 903 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 771 000	1 771 000	1 771 000	2 903 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	74 000	21 000	2 204 000	139 000
Total Current Assets	74 000	21 000	2 204 000	139 000
Total Assets	1 845 000	1 792 000	3 975 000	3 042 000
Total Equity	1 462 000	1 400 000	1 344 000	931 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	499 000	2 029 000
Creditors	7 000	12 000	0	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	1 550 000	0
Other Current Debt	359 000	364 000	29 000	47 000
Total Current Debt	383 000	392 000	2 132 000	81 000
Total Equity and Debt	1 845 000	1 792 000	3 975 000	3 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,24 %	3,93 %	146,06 %	12,24 %
Debt-to-Equity Ratio	0	0	0,37	2,18
Operating Profit Margin	55,63 %	51,45 %	92,63 %	69,35 %
Current Ratio	0,19	0,05	1,03	1,72
Quick Ratio	0,19	0,05	1,03	1,72
Equity Ratio	0,79	0,78	0,34	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %