ARTHUR VESTNES AS

6084 LARSNES

Finances

Share Ownership

Return on Equity

−1 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 000	230 000	401 000	410 000
Net Income	−1 000	−120 000	42 000	55 000
Total Assets	180 000	212 000	336 000	299 000
Total Equity	100 000	101 000	221 000	178 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 000	230 000	401 000	410 000
Expenditure	136 000	351 000	360 000	355 000
Operating Profit	−1 000	−120 000	42 000	55 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	−1 000	−120 000	42 000	55 000
Tax	0	0	0	0
Net Income	−1 000	−120 000	42 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	15 000	19 000	0
Total Current Assets	170 000	197 000	317 000	299 000
Total Assets	180 000	212 000	336 000	299 000
Total Retained Equity	0	1 000	121 000	78 000
Total Equity	100 000	101 000	221 000	178 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	80 000	111 000	116 000	120 000
Total Equity and Debt	180 000	212 000	336 000	299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 000	230 000	401 000	410 000
Other Income	0	0	0	0
Revenue	135 000	230 000	401 000	410 000
Cost of Goods Sold	3 000	20 000	24 000	25 000
Salary Costs	−19 000	152 000	176 000	152 000
Depreciation	5 000	5 000	4 000	0
Impairment	0	0	0	0
Expenditure	136 000	351 000	360 000	355 000
Operating Profit	−1 000	−120 000	42 000	55 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	−1 000	−120 000	42 000	55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	15 000	19 000	0
Total Tangible Assets	10 000	15 000	19 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	15 000	19 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	82 000	292 000	214 000
Total Current Assets	170 000	197 000	317 000	299 000
Total Assets	180 000	212 000	336 000	299 000
Total Equity	100 000	101 000	221 000	178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	6 000	6 000	7 000
Unpaid Taxes	14 000	41 000	77 000	83 000
Dividends	0	0	0	0
Other Current Debt	60 000	64 000	33 000	30 000
Total Current Debt	80 000	111 000	116 000	120 000
Total Equity and Debt	180 000	212 000	336 000	299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 %	−118,81 %	19 %	30,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,74 %	−52,17 %	10,47 %	13,41 %
Current Ratio	2,13	1,77	2,73	2,49
Quick Ratio	2,13	1,77	2,73	2,49
Equity Ratio	0,56	0,48	0,66	0,6
Gross Profit Margin	97,78 %	91,3 %	94,01 %	93,9 %