CORNER ARENDAL AS

4836 ARENDAL

Finances

Return on Equity

3,67 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 630 000	10 659 000	9 401 000	8 404 000
Net Income	99 000	224 000	566 000	186 000
Total Assets	5 908 000	5 420 000	5 271 000	4 450 000
Total Equity	2 698 000	2 599 000	2 875 000	2 308 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 630 000	10 659 000	9 401 000	8 404 000
Expenditure	10 436 000	10 339 000	8 625 000	8 067 000
Operating Profit	194 000	320 000	775 000	337 000
Financial Income	29 000	9 000	4 000	7 000
Financial Costs	88 000	44 000	51 000	105 000
Financial Balance	−59 000	−35 000	−47 000	−98 000
Earnings Before Tax	134 000	285 000	727 000	239 000
Tax	35 000	61 000	161 000	53 000
Net Income	99 000	224 000	566 000	186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	313 000	301 000	261 000	211 000
Total Current Assets	5 595 000	5 120 000	5 011 000	4 239 000
Total Assets	5 908 000	5 420 000	5 271 000	4 450 000
Total Retained Equity	1 998 000	1 899 000	2 175 000	1 608 000
Total Equity	2 698 000	2 599 000	2 875 000	2 308 000
Total Long-Term Debt	114 000	457 000	800 000	0
Total Current Debt	3 096 000	2 364 000	1 597 000	2 142 000
Total Equity and Debt	5 908 000	5 420 000	5 271 000	4 450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 630 000	10 581 000	9 321 000	8 404 000
Other Income	0	77 000	80 000	0
Revenue	10 630 000	10 659 000	9 401 000	8 404 000
Cost of Goods Sold	6 159 000	6 550 000	5 408 000	5 295 000
Salary Costs	2 439 000	2 169 000	1 839 000	1 621 000
Depreciation	34 000	22 000	7 000	1 000
Impairment	0	0	0	0
Expenditure	10 436 000	10 339 000	8 625 000	8 067 000
Operating Profit	194 000	320 000	775 000	337 000
Financial Income	29 000	9 000	4 000	7 000
Financial Costs	88 000	44 000	51 000	105 000
Financial Balance	−59 000	−35 000	−47 000	−98 000
Dividends	0	500 000	0	0
Net Income	99 000	224 000	566 000	186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	178 000	213 000	218 000	186 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	77 000	34 000	16 000
Total Tangible Assets	103 000	77 000	34 000	16 000
Total Fiancial Fixed Assets	32 000	11 000	8 000	9 000
Total Fixed Assets	313 000	301 000	261 000	211 000
Stock	5 430 000	4 409 000	3 491 000	4 085 000
Total Investments	0	0	0	0
Cash, Bank	93 000	556 000	1 433 000	83 000
Total Current Assets	5 595 000	5 120 000	5 011 000	4 239 000
Total Assets	5 908 000	5 420 000	5 271 000	4 450 000
Total Equity	2 698 000	2 599 000	2 875 000	2 308 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	114 000	457 000	800 000	0
Creditors	1 454 000	1 216 000	769 000	859 000
Unpaid Taxes	399 000	263 000	410 000	489 000
Dividends	0	500 000	0	0
Other Current Debt	482 000	329 000	226 000	389 000
Total Current Debt	3 096 000	2 364 000	1 597 000	2 142 000
Total Equity and Debt	5 908 000	5 420 000	5 271 000	4 450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,67 %	8,62 %	19,69 %	8,06 %
Debt-to-Equity Ratio	0,04	0,18	0,28	0
Operating Profit Margin	1,83 %	3 %	8,24 %	4,01 %
Current Ratio	1,81	2,17	3,14	1,98
Quick Ratio	−2,4	−2,5	−2,65	−2,18
Equity Ratio	0,46	0,48	0,55	0,52
Gross Profit Margin	42,06 %	38,55 %	42,47 %	36,99 %