ARNE GARNÅS AS

3540 NESBYEN

Finances

Share Ownership

Return on Equity

11,06 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 447 000	3 476 000	3 421 000	2 853 000
Net Income	165 000	26 000	514 000	−113 000
Total Assets	4 981 000	4 330 000	4 244 000	2 437 000
Total Equity	1 492 000	1 326 000	1 301 000	786 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 447 000	3 476 000	3 421 000	2 853 000
Expenditure	4 085 000	3 337 000	2 683 000	2 936 000
Operating Profit	362 000	139 000	739 000	−84 000
Financial Income	2 000	0	0	0
Financial Costs	151 000	106 000	78 000	62 000
Financial Balance	−149 000	−106 000	−78 000	−62 000
Earnings Before Tax	213 000	33 000	662 000	−145 000
Tax	47 000	7 000	147 000	−32 000
Net Income	165 000	26 000	514 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 642 000	3 203 000	3 458 000	1 893 000
Total Current Assets	1 339 000	1 127 000	786 000	545 000
Total Assets	4 981 000	4 330 000	4 244 000	2 437 000
Total Retained Equity	1 391 000	1 225 000	1 199 000	685 000
Total Equity	1 492 000	1 326 000	1 301 000	786 000
Total Long-Term Debt	2 981 000	2 440 000	2 652 000	1 148 000
Total Current Debt	508 000	563 000	292 000	503 000
Total Equity and Debt	4 981 000	4 330 000	4 244 000	2 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 269 000	3 476 000	3 290 000	2 853 000
Other Income	178 000	0	132 000	0
Revenue	4 447 000	3 476 000	3 421 000	2 853 000
Cost of Goods Sold	910 000	407 000	341 000	170 000
Salary Costs	1 485 000	1 630 000	1 240 000	1 686 000
Depreciation	730 000	690 000	500 000	428 000
Impairment	0	0	0	0
Expenditure	4 085 000	3 337 000	2 683 000	2 936 000
Operating Profit	362 000	139 000	739 000	−84 000
Financial Income	2 000	0	0	0
Financial Costs	151 000	106 000	78 000	62 000
Financial Balance	−149 000	−106 000	−78 000	−62 000
Dividends	0	0	0	0
Net Income	165 000	26 000	514 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 000	5 000
Machinery and Plant Facilities	3 367 000	2 938 000	3 149 000	1 724 000
Fixtures	200 000	265 000	307 000	154 000
Total Tangible Assets	3 567 000	3 203 000	3 458 000	1 883 000
Total Fiancial Fixed Assets	75 000	0	0	9 000
Total Fixed Assets	3 642 000	3 203 000	3 458 000	1 893 000
Stock	7 000	10 000	4 000	1 000
Total Investments	0	0	0	0
Cash, Bank	947 000	841 000	192 000	376 000
Total Current Assets	1 339 000	1 127 000	786 000	545 000
Total Assets	4 981 000	4 330 000	4 244 000	2 437 000
Total Equity	1 492 000	1 326 000	1 301 000	786 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 981 000	2 440 000	2 652 000	1 148 000
Creditors	148 000	136 000	93 000	108 000
Unpaid Taxes	199 000	235 000	89 000	245 000
Dividends	0	0	0	0
Other Current Debt	130 000	155 000	110 000	150 000
Total Current Debt	508 000	563 000	292 000	503 000
Total Equity and Debt	4 981 000	4 330 000	4 244 000	2 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,06 %	1,96 %	39,51 %	−14,38 %
Debt-to-Equity Ratio	2	1,84	2,04	1,46
Operating Profit Margin	8,14 %	4 %	21,6 %	−2,94 %
Current Ratio	2,64	2	2,69	1,08
Quick Ratio	2,67	2,04	2,73	1,09
Equity Ratio	0,3	0,31	0,31	0,32
Gross Profit Margin	79,54 %	88,29 %	90,03 %	94,04 %