ÅRDAL BLIKKENSLAGERSERVICE AS

6885 ÅRDALSTANGEN

Finances

Return on Equity

54,84 %

Current Ratio

2,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 897 000	28 184 000	20 894 000	25 567 000
Net Income	4 717 000	1 199 000	472 000	1 397 000
Total Assets	14 428 000	13 944 000	11 508 000	12 478 000
Total Equity	8 602 000	8 835 000	7 636 000	7 164 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 897 000	28 184 000	20 894 000	25 567 000
Expenditure	25 058 000	26 673 000	20 308 000	23 756 000
Operating Profit	5 840 000	1 511 000	585 000	1 810 000
Financial Income	216 000	62 000	40 000	34 000
Financial Costs	6 000	23 000	17 000	36 000
Financial Balance	210 000	39 000	23 000	−2 000
Earnings Before Tax	6 049 000	1 550 000	609 000	1 808 000
Tax	1 332 000	352 000	137 000	411 000
Net Income	4 717 000	1 199 000	472 000	1 397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	756 000	1 230 000	1 530 000	1 720 000
Total Current Assets	13 671 000	12 714 000	9 978 000	10 757 000
Total Assets	14 428 000	13 944 000	11 508 000	12 478 000
Total Retained Equity	8 102 000	8 335 000	7 136 000	6 664 000
Total Equity	8 602 000	8 835 000	7 636 000	7 164 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 826 000	5 109 000	3 872 000	5 314 000
Total Equity and Debt	14 428 000	13 944 000	11 508 000	12 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 340 000	28 111 000	20 828 000	25 531 000
Other Income	557 000	73 000	66 000	36 000
Revenue	30 897 000	28 184 000	20 894 000	25 567 000
Cost of Goods Sold	13 048 000	14 469 000	7 462 000	10 115 000
Salary Costs	8 361 000	8 802 000	8 967 000	9 473 000
Depreciation	424 000	519 000	576 000	476 000
Impairment	0	0	0	0
Expenditure	25 058 000	26 673 000	20 308 000	23 756 000
Operating Profit	5 840 000	1 511 000	585 000	1 810 000
Financial Income	216 000	62 000	40 000	34 000
Financial Costs	6 000	23 000	17 000	36 000
Financial Balance	210 000	39 000	23 000	−2 000
Dividends	0	0	0	0
Net Income	4 717 000	1 199 000	472 000	1 397 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	154 000	200 000	163 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	198 000	308 000	441 000	224 000
Fixtures	455 000	769 000	889 000	1 333 000
Total Tangible Assets	653 000	1 076 000	1 330 000	1 557 000
Total Fiancial Fixed Assets	10 000	0	0	0
Total Fixed Assets	756 000	1 230 000	1 530 000	1 720 000
Stock	955 000	826 000	767 000	817 000
Total Investments	0	0	0	0
Cash, Bank	9 213 000	8 409 000	4 849 000	6 769 000
Total Current Assets	13 671 000	12 714 000	9 978 000	10 757 000
Total Assets	14 428 000	13 944 000	11 508 000	12 478 000
Total Equity	8 602 000	8 835 000	7 636 000	7 164 000
Short-Term Group Debt	2 500 000	1 136 000	1 136 000	2 211 000
Total Long-Term Debt	0	0	0	0
Creditors	546 000	1 921 000	576 000	965 000
Unpaid Taxes	1 224 000	887 000	1 062 000	932 000
Dividends	0	0	0	0
Other Current Debt	833 000	861 000	925 000	1 014 000
Total Current Debt	5 826 000	5 109 000	3 872 000	5 314 000
Total Equity and Debt	14 428 000	13 944 000	11 508 000	12 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,84 %	13,57 %	6,18 %	19,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,9 %	5,36 %	2,8 %	7,08 %
Current Ratio	2,35	2,49	2,58	2,02
Quick Ratio	2,81	2,97	3,21	2,39
Equity Ratio	0,6	0,63	0,66	0,57
Gross Profit Margin	57,77 %	48,66 %	64,29 %	60,44 %