ARNE HORNELAND AS

5528 HAUGESUND

Finances

Return on Equity

1,24 %

Current Ratio

1,63

Debt-to-Equity Ratio

1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 550 000	12 083 000	12 610 000	9 923 000
Net Income	39 000	780 000	1 004 000	618 000
Total Assets	11 634 000	12 090 000	12 921 000	11 195 000
Total Equity	3 148 000	2 432 000	2 620 000	2 542 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 550 000	12 083 000	12 610 000	9 923 000
Expenditure	11 325 000	11 045 000	11 272 000	9 044 000
Operating Profit	226 000	1 037 000	1 338 000	880 000
Financial Income	143 000	166 000	181 000	171 000
Financial Costs	319 000	204 000	232 000	259 000
Financial Balance	−176 000	−38 000	−51 000	−88 000
Earnings Before Tax	50 000	999 000	1 287 000	792 000
Tax	11 000	220 000	283 000	174 000
Net Income	39 000	780 000	1 004 000	618 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 289 000	6 268 000	8 697 000	8 723 000
Total Current Assets	5 344 000	5 822 000	4 224 000	2 471 000
Total Assets	11 634 000	12 090 000	12 921 000	11 195 000
Total Retained Equity	599 000	1 084 000	1 896 000	2 442 000
Total Equity	3 148 000	2 432 000	2 620 000	2 542 000
Total Long-Term Debt	5 211 000	5 566 000	5 921 000	6 276 000
Total Current Debt	3 275 000	4 092 000	4 380 000	2 376 000
Total Equity and Debt	11 634 000	12 090 000	12 921 000	11 195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 468 000	11 812 000	12 610 000	9 873 000
Other Income	82 000	271 000	0	50 000
Revenue	11 550 000	12 083 000	12 610 000	9 923 000
Cost of Goods Sold	6 468 000	6 414 000	7 016 000	5 552 000
Salary Costs	2 863 000	2 668 000	2 381 000	1 898 000
Depreciation	50 000	66 000	62 000	87 000
Impairment	0	0	0	0
Expenditure	11 325 000	11 045 000	11 272 000	9 044 000
Operating Profit	226 000	1 037 000	1 338 000	880 000
Financial Income	143 000	166 000	181 000	171 000
Financial Costs	319 000	204 000	232 000	259 000
Financial Balance	−176 000	−38 000	−51 000	−88 000
Dividends	400 000	1 450 000	1 400 000	470 000
Net Income	39 000	780 000	1 004 000	618 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	34 000	60 000	49 000
Real Eastate	317 000	0	1 288 000	1 316 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	548 000	55 000	46 000	81 000
Total Tangible Assets	865 000	55 000	1 334 000	1 396 000
Total Fiancial Fixed Assets	5 386 000	6 179 000	7 304 000	7 278 000
Total Fixed Assets	6 289 000	6 268 000	8 697 000	8 723 000
Stock	2 074 000	2 099 000	1 918 000	1 590 000
Total Investments	0	0	0	0
Cash, Bank	1 364 000	2 602 000	1 236 000	671 000
Total Current Assets	5 344 000	5 822 000	4 224 000	2 471 000
Total Assets	11 634 000	12 090 000	12 921 000	11 195 000
Total Equity	3 148 000	2 432 000	2 620 000	2 542 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 211 000	5 566 000	5 921 000	6 276 000
Creditors	960 000	1 306 000	759 000	606 000
Unpaid Taxes	392 000	389 000	565 000	417 000
Dividends	400 000	1 450 000	1 400 000	470 000
Other Current Debt	1 343 000	617 000	1 228 000	750 000
Total Current Debt	3 275 000	4 092 000	4 380 000	2 376 000
Total Equity and Debt	11 634 000	12 090 000	12 921 000	11 195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,24 %	32,07 %	38,32 %	24,31 %
Debt-to-Equity Ratio	1,66	2,29	2,26	2,47
Operating Profit Margin	1,96 %	8,58 %	10,61 %	8,87 %
Current Ratio	1,63	1,42	0,96	1,04
Quick Ratio	4,45	2,92	1,72	3,14
Equity Ratio	0,27	0,2	0,2	0,23
Gross Profit Margin	44 %	46,92 %	44,36 %	44,05 %