LIDVARD ARVESEN AS

3676 NOTODDEN

Finances

Share Ownership

Return on Equity

48,29 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 874 000	34 329 000	31 612 000	35 507 000
Net Income	2 385 000	2 230 000	2 814 000	2 335 000
Total Assets	14 916 000	13 100 000	15 904 000	15 067 000
Total Equity	4 939 000	4 554 000	8 624 000	5 810 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 874 000	34 329 000	31 612 000	35 507 000
Expenditure	33 806 000	31 462 000	28 011 000	32 482 000
Operating Profit	3 067 000	2 866 000	3 600 000	3 025 000
Financial Income	6 000	6 000	17 000	10 000
Financial Costs	11 000	5 000	2 000	23 000
Financial Balance	−5 000	1 000	15 000	−13 000
Earnings Before Tax	3 062 000	2 867 000	3 616 000	3 012 000
Tax	677 000	637 000	802 000	677 000
Net Income	2 385 000	2 230 000	2 814 000	2 335 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 000	68 000	83 000	100 000
Total Current Assets	14 838 000	13 032 000	15 821 000	14 967 000
Total Assets	14 916 000	13 100 000	15 904 000	15 067 000
Total Retained Equity	4 539 000	4 154 000	8 224 000	5 410 000
Total Equity	4 939 000	4 554 000	8 624 000	5 810 000
Total Long-Term Debt	0	0	0	2 248 000
Total Current Debt	9 976 000	8 546 000	7 281 000	7 009 000
Total Equity and Debt	14 916 000	13 100 000	15 904 000	15 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 525 000	33 866 000	31 320 000	35 098 000
Other Income	349 000	462 000	293 000	409 000
Revenue	36 874 000	34 329 000	31 612 000	35 507 000
Cost of Goods Sold	16 244 000	15 268 000	13 778 000	16 571 000
Salary Costs	13 611 000	12 220 000	10 506 000	12 029 000
Depreciation	16 000	15 000	17 000	20 000
Impairment	0	0	0	0
Expenditure	33 806 000	31 462 000	28 011 000	32 482 000
Operating Profit	3 067 000	2 866 000	3 600 000	3 025 000
Financial Income	6 000	6 000	17 000	10 000
Financial Costs	11 000	5 000	2 000	23 000
Financial Balance	−5 000	1 000	15 000	−13 000
Dividends	2 000 000	6 300 000	0	0
Net Income	2 385 000	2 230 000	2 814 000	2 335 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	41 000	49 000	56 000	64 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	19 000	27 000	37 000
Total Tangible Assets	78 000	68 000	83 000	100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	78 000	68 000	83 000	100 000
Stock	4 267 000	3 564 000	3 507 000	3 490 000
Total Investments	0	0	0	0
Cash, Bank	5 081 000	4 273 000	6 767 000	7 041 000
Total Current Assets	14 838 000	13 032 000	15 821 000	14 967 000
Total Assets	14 916 000	13 100 000	15 904 000	15 067 000
Total Equity	4 939 000	4 554 000	8 624 000	5 810 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 248 000
Creditors	2 790 000	1 655 000	1 819 000	2 320 000
Unpaid Taxes	2 060 000	1 932 000	2 122 000	1 686 000
Dividends	2 000 000	6 300 000	0	0
Other Current Debt	2 449 000	2 422 000	2 538 000	2 327 000
Total Current Debt	9 976 000	8 546 000	7 281 000	7 009 000
Total Equity and Debt	14 916 000	13 100 000	15 904 000	15 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,29 %	48,97 %	32,63 %	40,19 %
Debt-to-Equity Ratio	0	0	0	0,39
Operating Profit Margin	8,32 %	8,35 %	11,39 %	8,52 %
Current Ratio	1,49	1,52	2,17	2,14
Quick Ratio	2,6	2,62	4,19	4,25
Equity Ratio	0,33	0,35	0,54	0,39
Gross Profit Margin	55,95 %	55,52 %	56,42 %	53,33 %