AARNES WINES AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

85,5 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 885 000	7 552 000	6 986 000	4 135 000
Net Income	2 094 000	2 580 000	1 867 000	793 000
Total Assets	5 974 000	5 491 000	3 854 000	2 521 000
Total Equity	2 449 000	2 355 000	1 775 000	908 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 885 000	7 552 000	6 986 000	4 135 000
Expenditure	3 185 000	4 277 000	4 627 000	3 100 000
Operating Profit	2 700 000	3 275 000	2 359 000	1 035 000
Financial Income	31 000	37 000	104 000	4 000
Financial Costs	45 000	4 000	69 000	22 000
Financial Balance	−14 000	33 000	35 000	−18 000
Earnings Before Tax	2 685 000	3 308 000	2 394 000	1 017 000
Tax	591 000	728 000	527 000	224 000
Net Income	2 094 000	2 580 000	1 867 000	793 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000 000	0	1 000 000	0
Total Current Assets	3 974 000	5 491 000	2 854 000	2 521 000
Total Assets	5 974 000	5 491 000	3 854 000	2 521 000
Total Retained Equity	2 348 000	2 254 000	1 674 000	807 000
Total Equity	2 449 000	2 355 000	1 775 000	908 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 525 000	3 136 000	2 079 000	1 613 000
Total Equity and Debt	5 974 000	5 491 000	3 854 000	2 521 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 885 000	7 552 000	6 986 000	4 135 000
Other Income	0	0	0	0
Revenue	5 885 000	7 552 000	6 986 000	4 135 000
Cost of Goods Sold	3 119 000	4 204 000	4 524 000	2 902 000
Salary Costs	23 000	23 000	24 000	33 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 185 000	4 277 000	4 627 000	3 100 000
Operating Profit	2 700 000	3 275 000	2 359 000	1 035 000
Financial Income	31 000	37 000	104 000	4 000
Financial Costs	45 000	4 000	69 000	22 000
Financial Balance	−14 000	33 000	35 000	−18 000
Dividends	2 000 000	2 000 000	1 000 000	300 000
Net Income	2 094 000	2 580 000	1 867 000	793 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 000 000	0	1 000 000	0
Total Fixed Assets	2 000 000	0	1 000 000	0
Stock	847 000	519 000	865 000	308 000
Total Investments	0	0	0	0
Cash, Bank	2 094 000	3 856 000	670 000	736 000
Total Current Assets	3 974 000	5 491 000	2 854 000	2 521 000
Total Assets	5 974 000	5 491 000	3 854 000	2 521 000
Total Equity	2 449 000	2 355 000	1 775 000	908 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	605 000	61 000	74 000	35 000
Unpaid Taxes	323 000	340 000	472 000	247 000
Dividends	2 000 000	2 000 000	1 000 000	300 000
Other Current Debt	7 000	7 000	6 000	808 000
Total Current Debt	3 525 000	3 136 000	2 079 000	1 613 000
Total Equity and Debt	5 974 000	5 491 000	3 854 000	2 521 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,5 %	109,55 %	105,18 %	87,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	45,88 %	43,37 %	33,77 %	25,03 %
Current Ratio	1,13	1,75	1,37	1,56
Quick Ratio	1,48	2,1	2,35	1,93
Equity Ratio	0,41	0,43	0,46	0,36
Gross Profit Margin	47 %	44,33 %	35,24 %	29,82 %