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2150 ÅRNES

Finances

Share Ownership

Return on Equity

15,03 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 704 000	34 250 000	32 167 000	33 500 000
Net Income	669 000	1 277 000	1 488 000	1 224 000
Total Assets	15 633 000	16 342 000	14 367 000	12 529 000
Total Equity	4 450 000	4 381 000	4 105 000	3 698 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 704 000	34 250 000	32 167 000	33 500 000
Expenditure	32 833 000	32 581 000	30 240 000	31 867 000
Operating Profit	872 000	1 669 000	1 928 000	1 632 000
Financial Income	31 000	13 000	27 000	67 000
Financial Costs	41 000	42 000	42 000	108 000
Financial Balance	−10 000	−29 000	−15 000	−41 000
Earnings Before Tax	862 000	1 639 000	1 912 000	1 592 000
Tax	193 000	363 000	425 000	367 000
Net Income	669 000	1 277 000	1 488 000	1 224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 011 000	1 294 000	1 269 000	703 000
Total Current Assets	14 622 000	15 048 000	13 098 000	11 826 000
Total Assets	15 633 000	16 342 000	14 367 000	12 529 000
Total Retained Equity	1 938 000	1 869 000	1 593 000	1 186 000
Total Equity	4 450 000	4 381 000	4 105 000	3 698 000
Total Long-Term Debt	569 000	1 218 000	1 429 000	736 000
Total Current Debt	10 614 000	10 743 000	8 834 000	8 094 000
Total Equity and Debt	15 633 000	16 342 000	14 367 000	12 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 461 000	34 250 000	32 103 000	33 500 000
Other Income	243 000	0	63 000	0
Revenue	33 704 000	34 250 000	32 167 000	33 500 000
Cost of Goods Sold	24 848 000	26 241 000	24 882 000	25 675 000
Salary Costs	5 367 000	4 628 000	3 659 000	3 897 000
Depreciation	516 000	348 000	217 000	298 000
Impairment	0	0	0	0
Expenditure	32 833 000	32 581 000	30 240 000	31 867 000
Operating Profit	872 000	1 669 000	1 928 000	1 632 000
Financial Income	31 000	13 000	27 000	67 000
Financial Costs	41 000	42 000	42 000	108 000
Financial Balance	−10 000	−29 000	−15 000	−41 000
Dividends	600 000	1 000 000	1 000 000	0
Net Income	669 000	1 277 000	1 488 000	1 224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	10 000	29 000	54 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	1 000
Fixtures	986 000	1 284 000	1 240 000	645 000
Total Tangible Assets	986 000	1 284 000	1 240 000	646 000
Total Fiancial Fixed Assets	0	0	0	3 000
Total Fixed Assets	1 011 000	1 294 000	1 269 000	703 000
Stock	7 172 000	5 910 000	5 494 000	5 806 000
Total Investments	0	0	0	0
Cash, Bank	3 840 000	4 121 000	4 072 000	2 192 000
Total Current Assets	14 622 000	15 048 000	13 098 000	11 826 000
Total Assets	15 633 000	16 342 000	14 367 000	12 529 000
Total Equity	4 450 000	4 381 000	4 105 000	3 698 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	569 000	1 218 000	1 429 000	736 000
Creditors	6 339 000	4 643 000	4 844 000	3 680 000
Unpaid Taxes	984 000	1 928 000	609 000	589 000
Dividends	600 000	1 000 000	1 000 000	0
Other Current Debt	2 484 000	2 828 000	2 005 000	3 751 000
Total Current Debt	10 614 000	10 743 000	8 834 000	8 094 000
Total Equity and Debt	15 633 000	16 342 000	14 367 000	12 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,03 %	29,15 %	36,25 %	33,1 %
Debt-to-Equity Ratio	0,13	0,28	0,35	0,2
Operating Profit Margin	2,59 %	4,87 %	5,99 %	4,87 %
Current Ratio	1,38	1,4	1,48	1,46
Quick Ratio	4,25	3,11	3,92	5,17
Equity Ratio	0,28	0,27	0,29	0,3
Gross Profit Margin	26,28 %	23,38 %	22,65 %	23,36 %