ARVE WANDSVIK

9800 VADSØ

Finances

Share Ownership

Return on Equity

7,8 %

Current Ratio

8,13

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2019	2018	2017	2016
Revenue	4 138 000	3 965 000	4 211 000	4 813 000
Net Income	308 000	411 000	442 000	229 000
Total Assets	6 701 000	5 844 000	5 866 000	5 427 000
Total Equity	3 949 000	3 611 000	3 646 000	2 787 000

Income (NOK)	2019	2018	2017	2016
Revenue	4 138 000	3 965 000	4 211 000	4 813 000
Expenditure	3 704 000	3 452 000	3 688 000	4 432 000
Operating Profit	435 000	512 000	523 000	380 000
Financial Income	0	0	0	0
Financial Costs	128 000	102 000	81 000	152 000
Financial Balance	−128 000	−102 000	−81 000	−152 000
Earnings Before Tax	308 000	411 000	442 000	229 000
Tax	0	0	0	0
Net Income	308 000	411 000	442 000	229 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	1 300 000	0	13 000	16 000
Total Current Assets	5 401 000	5 844 000	5 853 000	5 411 000
Total Assets	6 701 000	5 844 000	5 866 000	5 427 000
Total Retained Equity	3 949 000	3 611 000	3 646 000	2 787 000
Total Equity	3 949 000	3 611 000	3 646 000	2 787 000
Total Long-Term Debt	2 089 000	1 367 000	1 037 000	1 662 000
Total Current Debt	664 000	867 000	1 182 000	978 000
Total Equity and Debt	6 701 000	5 844 000	5 866 000	5 427 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	3 994 000	3 965 000	4 211 000	4 813 000
Other Income	144 000	0	0	0
Revenue	4 138 000	3 965 000	4 211 000	4 813 000
Cost of Goods Sold	3 390 000	3 117 000	3 241 000	4 043 000
Salary Costs	65 000	51 000	132 000	32 000
Depreciation	0	13 000	3 000	4 000
Impairment	0	0	0	0
Expenditure	3 704 000	3 452 000	3 688 000	4 432 000
Operating Profit	435 000	512 000	523 000	380 000
Financial Income	0	0	0	0
Financial Costs	128 000	102 000	81 000	152 000
Financial Balance	−128 000	−102 000	−81 000	−152 000
Dividends	0	0	0	0
Net Income	308 000	411 000	442 000	229 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 300 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	13 000	16 000
Total Tangible Assets	1 300 000	0	13 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 300 000	0	13 000	16 000
Stock	4 650 000	5 160 000	5 065 000	4 790 000
Total Investments	0	0	0	0
Cash, Bank	326 000	186 000	265 000	312 000
Total Current Assets	5 401 000	5 844 000	5 853 000	5 411 000
Total Assets	6 701 000	5 844 000	5 866 000	5 427 000
Total Equity	3 949 000	3 611 000	3 646 000	2 787 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 089 000	1 367 000	1 037 000	1 662 000
Creditors	645 000	875 000	1 167 000	947 000
Unpaid Taxes	19 000	−9 000	13 000	28 000
Dividends	0	0	0	0
Other Current Debt	0	0	2 000	2 000
Total Current Debt	664 000	867 000	1 182 000	978 000
Total Equity and Debt	6 701 000	5 844 000	5 866 000	5 427 000

Financial indicators	2019	2018	2017	2016
Return on Equity	7,8 %	11,38 %	12,12 %	8,22 %
Debt-to-Equity Ratio	0,53	0,38	0,28	0,6
Operating Profit Margin	10,51 %	12,91 %	12,42 %	7,9 %
Current Ratio	8,13	6,74	4,95	5,53
Quick Ratio	−1,35	−1,36	−1,51	−1,42
Equity Ratio	0,59	0,62	0,62	0,51
Gross Profit Margin	18,08 %	21,39 %	23,03 %	16 %