ARTHUR RØNNESTAD EFTF. AS

6002 ÅLESUND

Finances

Return on Equity

108,37 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 211 000	29 020 000	23 189 000	19 336 000
Net Income	2 680 000	2 120 000	1 324 000	1 018 000
Total Assets	19 665 000	19 739 000	15 699 000	14 969 000
Total Equity	2 473 000	9 818 000	8 298 000	7 474 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 211 000	29 020 000	23 189 000	19 336 000
Expenditure	31 848 000	26 104 000	21 338 000	17 661 000
Operating Profit	1 333 000	2 836 000	1 801 000	1 430 000
Financial Income	23 000	18 000	34 000	55 000
Financial Costs	208 000	137 000	138 000	175 000
Financial Balance	−185 000	−119 000	−104 000	−120 000
Earnings Before Tax	1 148 000	2 718 000	1 697 000	1 311 000
Tax	−1 533 000	598 000	374 000	292 000
Net Income	2 680 000	2 120 000	1 324 000	1 018 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 703 000	9 476 000	8 679 000	7 853 000
Total Current Assets	17 962 000	10 263 000	7 021 000	7 116 000
Total Assets	19 665 000	19 739 000	15 699 000	14 969 000
Total Retained Equity	409 000	8 493 000	6 973 000	6 149 000
Total Equity	2 473 000	9 818 000	8 298 000	7 474 000
Total Long-Term Debt	568 000	4 864 000	4 635 000	4 550 000
Total Current Debt	16 624 000	5 058 000	2 766 000	2 945 000
Total Equity and Debt	19 665 000	19 739 000	15 699 000	14 969 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 786 000	28 345 000	22 382 000	18 996 000
Other Income	425 000	675 000	808 000	340 000
Revenue	33 211 000	29 020 000	23 189 000	19 336 000
Cost of Goods Sold	13 077 000	10 620 000	8 009 000	6 045 000
Salary Costs	12 980 000	11 460 000	10 056 000	8 596 000
Depreciation	389 000	363 000	256 000	219 000
Impairment	0	0	0	0
Expenditure	31 848 000	26 104 000	21 338 000	17 661 000
Operating Profit	1 333 000	2 836 000	1 801 000	1 430 000
Financial Income	23 000	18 000	34 000	55 000
Financial Costs	208 000	137 000	138 000	175 000
Financial Balance	−185 000	−119 000	−104 000	−120 000
Dividends	0	0	0	180 000
Net Income	2 680 000	2 120 000	1 324 000	1 018 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	412 000	0	0	0
Real Eastate	0	7 421 000	7 423 000	7 381 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 291 000	2 035 000	1 236 000	452 000
Total Tangible Assets	1 291 000	9 456 000	8 659 000	7 833 000
Total Fiancial Fixed Assets	0	20 000	20 000	20 000
Total Fixed Assets	1 703 000	9 476 000	8 679 000	7 853 000
Stock	2 868 000	2 376 000	2 399 000	2 395 000
Total Investments	0	0	0	0
Cash, Bank	490 000	227 000	1 103 000	1 404 000
Total Current Assets	17 962 000	10 263 000	7 021 000	7 116 000
Total Assets	19 665 000	19 739 000	15 699 000	14 969 000
Total Equity	2 473 000	9 818 000	8 298 000	7 474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	568 000	4 864 000	4 635 000	4 550 000
Creditors	2 211 000	209 000	−366 000	406 000
Unpaid Taxes	2 664 000	2 322 000	1 558 000	1 421 000
Dividends	0	0	0	180 000
Other Current Debt	10 753 000	1 845 000	1 302 000	949 000
Total Current Debt	16 624 000	5 058 000	2 766 000	2 945 000
Total Equity and Debt	19 665 000	19 739 000	15 699 000	14 969 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,37 %	21,59 %	15,96 %	13,62 %
Debt-to-Equity Ratio	0,23	0,5	0,56	0,61
Operating Profit Margin	4,01 %	9,77 %	7,77 %	7,4 %
Current Ratio	1,08	2,03	2,54	2,42
Quick Ratio	1,31	3,83	19,13	12,94
Equity Ratio	0,13	0,5	0,53	0,5
Gross Profit Margin	60,62 %	63,4 %	65,46 %	68,74 %