ARNESTAD AS

6103 VOLDA

Finances

Share Ownership

Return on Equity

16,89 %

Current Ratio

6,06

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	658 000	645 000	636 000	391 000
Net Income	397 000	398 000	380 000	229 000
Total Assets	2 533 000	2 138 000	2 844 000	2 346 000
Total Equity	2 350 000	1 953 000	1 555 000	1 175 000

Income (NOK)	2022	2021	2020	2019
Revenue	658 000	645 000	636 000	391 000
Expenditure	150 000	134 000	148 000	112 000
Operating Profit	509 000	510 000	488 000	279 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	509 000	510 000	488 000	279 000
Tax	112 000	112 000	107 000	50 000
Net Income	397 000	398 000	380 000	229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 673 000	1 731 000	1 798 000	1 866 000
Total Current Assets	860 000	407 000	1 045 000	480 000
Total Assets	2 533 000	2 138 000	2 844 000	2 346 000
Total Retained Equity	656 000	259 000	−139 000	−519 000
Total Equity	2 350 000	1 953 000	1 555 000	1 175 000
Total Long-Term Debt	41 000	43 000	1 153 000	1 156 000
Total Current Debt	142 000	141 000	135 000	15 000
Total Equity and Debt	2 533 000	2 138 000	2 844 000	2 346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	658 000	645 000	636 000	391 000
Other Income	0	0	0	0
Revenue	658 000	645 000	636 000	391 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 000	0	0	0
Depreciation	58 000	67 000	67 000	67 000
Impairment	0	0	0	0
Expenditure	150 000	134 000	148 000	112 000
Operating Profit	509 000	510 000	488 000	279 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	397 000	398 000	380 000	229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 673 000	1 729 000	1 785 000	1 841 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	13 000	25 000
Total Tangible Assets	1 673 000	1 731 000	1 798 000	1 866 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 673 000	1 731 000	1 798 000	1 866 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	853 000	402 000	1 042 000	480 000
Total Current Assets	860 000	407 000	1 045 000	480 000
Total Assets	2 533 000	2 138 000	2 844 000	2 346 000
Total Equity	2 350 000	1 953 000	1 555 000	1 175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 000	43 000	1 153 000	1 156 000
Creditors	3 000	1 000	0	2 000
Unpaid Taxes	22 000	24 000	23 000	13 000
Dividends	0	0	0	0
Other Current Debt	3 000	0	2 000	0
Total Current Debt	142 000	141 000	135 000	15 000
Total Equity and Debt	2 533 000	2 138 000	2 844 000	2 346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,89 %	20,38 %	24,44 %	19,49 %
Debt-to-Equity Ratio	0,02	0,02	0,74	0,98
Operating Profit Margin	77,36 %	79,07 %	76,73 %	71,36 %
Current Ratio	6,06	2,89	7,74	32
Quick Ratio	6,06	2,89	7,74	32
Equity Ratio	0,93	0,91	0,55	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %