ARNESEN RØR AS

9515 ALTA

Finances

Return on Equity

9,71 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 757 000	21 827 000	15 482 000	14 668 000
Net Income	210 000	730 000	−103 000	377 000
Total Assets	11 009 000	9 276 000	6 122 000	5 106 000
Total Equity	2 162 000	1 952 000	1 223 000	1 325 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 757 000	21 827 000	15 482 000	14 668 000
Expenditure	22 394 000	20 790 000	15 488 000	14 100 000
Operating Profit	362 000	1 037 000	−6 000	567 000
Financial Income	112 000	57 000	42 000	25 000
Financial Costs	171 000	151 000	167 000	123 000
Financial Balance	−59 000	−94 000	−125 000	−98 000
Earnings Before Tax	303 000	944 000	−131 000	470 000
Tax	94 000	214 000	−29 000	92 000
Net Income	210 000	730 000	−103 000	377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 139 000	1 018 000	443 000	300 000
Total Current Assets	9 871 000	8 258 000	5 679 000	4 805 000
Total Assets	11 009 000	9 276 000	6 122 000	5 106 000
Total Retained Equity	2 057 000	1 847 000	1 118 000	1 221 000
Total Equity	2 162 000	1 952 000	1 223 000	1 325 000
Total Long-Term Debt	1 339 000	1 619 000	1 700 000	900 000
Total Current Debt	7 508 000	5 705 000	3 199 000	2 880 000
Total Equity and Debt	11 009 000	9 276 000	6 122 000	5 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 517 000	21 827 000	15 482 000	14 540 000
Other Income	240 000	0	0	128 000
Revenue	22 757 000	21 827 000	15 482 000	14 668 000
Cost of Goods Sold	7 877 000	8 234 000	5 937 000	4 530 000
Salary Costs	8 404 000	7 894 000	6 072 000	6 434 000
Depreciation	162 000	67 000	123 000	129 000
Impairment	0	0	0	0
Expenditure	22 394 000	20 790 000	15 488 000	14 100 000
Operating Profit	362 000	1 037 000	−6 000	567 000
Financial Income	112 000	57 000	42 000	25 000
Financial Costs	171 000	151 000	167 000	123 000
Financial Balance	−59 000	−94 000	−125 000	−98 000
Dividends	0	0	0	0
Net Income	210 000	730 000	−103 000	377 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	22 000	7 000	37 000
Real Eastate	62 000	0	0	0
Machinery and Plant Facilities	15 000	0	0	0
Fixtures	613 000	555 000	271 000	98 000
Total Tangible Assets	689 000	555 000	271 000	98 000
Total Fiancial Fixed Assets	440 000	440 000	165 000	165 000
Total Fixed Assets	1 139 000	1 018 000	443 000	300 000
Stock	2 002 000	1 889 000	1 646 000	1 372 000
Total Investments	0	0	0	0
Cash, Bank	2 080 000	1 473 000	1 041 000	367 000
Total Current Assets	9 871 000	8 258 000	5 679 000	4 805 000
Total Assets	11 009 000	9 276 000	6 122 000	5 106 000
Total Equity	2 162 000	1 952 000	1 223 000	1 325 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 339 000	1 619 000	1 700 000	900 000
Creditors	5 465 000	2 751 000	1 368 000	1 270 000
Unpaid Taxes	1 035 000	1 838 000	884 000	627 000
Dividends	0	0	0	0
Other Current Debt	929 000	886 000	948 000	875 000
Total Current Debt	7 508 000	5 705 000	3 199 000	2 880 000
Total Equity and Debt	11 009 000	9 276 000	6 122 000	5 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,71 %	37,4 %	−8,42 %	28,45 %
Debt-to-Equity Ratio	0,62	0,83	1,39	0,68
Operating Profit Margin	1,59 %	4,75 %	−0,04 %	3,87 %
Current Ratio	1,31	1,45	1,78	1,67
Quick Ratio	1,79	2,16	3,66	3,19
Equity Ratio	0,2	0,21	0,2	0,26
Gross Profit Margin	65,39 %	62,28 %	61,65 %	69,12 %