ÅRNES VETERINÆRKLINIKK AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

20,11 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 762 000	5 784 000	5 647 000	4 658 000
Net Income	140 000	155 000	158 000	253 000
Total Assets	1 564 000	1 502 000	1 805 000	1 479 000
Total Equity	696 000	556 000	651 000	893 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 762 000	5 784 000	5 647 000	4 658 000
Expenditure	5 582 000	5 585 000	5 445 000	4 402 000
Operating Profit	180 000	199 000	201 000	256 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	180 000	199 000	202 000	257 000
Tax	40 000	45 000	44 000	3 000
Net Income	140 000	155 000	158 000	253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	56 000	82 000	109 000
Total Current Assets	1 484 000	1 446 000	1 722 000	1 370 000
Total Assets	1 564 000	1 502 000	1 805 000	1 479 000
Total Retained Equity	296 000	156 000	251 000	493 000
Total Equity	696 000	556 000	651 000	893 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	868 000	946 000	1 153 000	586 000
Total Equity and Debt	1 564 000	1 502 000	1 805 000	1 479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 712 000	5 784 000	5 646 000	4 623 000
Other Income	50 000	0	1 000	35 000
Revenue	5 762 000	5 784 000	5 647 000	4 658 000
Cost of Goods Sold	2 193 000	2 325 000	2 322 000	1 825 000
Salary Costs	2 586 000	2 632 000	2 533 000	2 077 000
Depreciation	22 000	27 000	27 000	24 000
Impairment	0	0	0	0
Expenditure	5 582 000	5 585 000	5 445 000	4 402 000
Operating Profit	180 000	199 000	201 000	256 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	250 000	400 000	0
Net Income	140 000	155 000	158 000	253 000

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	34 000	56 000	82 000	109 000
Total Tangible Assets	34 000	56 000	82 000	109 000
Total Fiancial Fixed Assets	46 000	0	0	0
Total Fixed Assets	80 000	56 000	82 000	109 000
Stock	293 000	256 000	243 000	256 000
Total Investments	0	0	0	0
Cash, Bank	1 127 000	1 031 000	1 353 000	982 000
Total Current Assets	1 484 000	1 446 000	1 722 000	1 370 000
Total Assets	1 564 000	1 502 000	1 805 000	1 479 000
Total Equity	696 000	556 000	651 000	893 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	219 000	137 000	168 000	83 000
Unpaid Taxes	264 000	246 000	310 000	317 000
Dividends	0	250 000	400 000	0
Other Current Debt	344 000	520 000	632 000	182 000
Total Current Debt	868 000	946 000	1 153 000	586 000
Total Equity and Debt	1 564 000	1 502 000	1 805 000	1 479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,11 %	27,88 %	24,27 %	28,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,12 %	3,44 %	3,56 %	5,5 %
Current Ratio	1,71	1,53	1,49	2,34
Quick Ratio	2,58	2,1	1,89	4,15
Equity Ratio	0,45	0,37	0,36	0,6
Gross Profit Margin	61,94 %	59,8 %	58,88 %	60,82 %