AR&ET AS

1653 SELLEBAKK

Finances

Share Ownership

Return on Equity

28,46 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 290 000	3 930 000	3 492 000	3 419 000
Net Income	76 000	94 000	36 000	−15 000
Total Assets	823 000	741 000	580 000	490 000
Total Equity	267 000	191 000	97 000	61 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 290 000	3 930 000	3 492 000	3 419 000
Expenditure	4 196 000	3 827 000	3 453 000	3 435 000
Operating Profit	94 000	103 000	39 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	3 000	0
Financial Balance	0	−5 000	−3 000	0
Earnings Before Tax	93 000	98 000	36 000	−15 000
Tax	17 000	4 000	0	0
Net Income	76 000	94 000	36 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	50 000	80 000	6 000
Total Current Assets	803 000	691 000	500 000	485 000
Total Assets	823 000	741 000	580 000	490 000
Total Retained Equity	237 000	161 000	67 000	31 000
Total Equity	267 000	191 000	97 000	61 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	555 000	550 000	482 000	429 000
Total Equity and Debt	823 000	741 000	580 000	490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 290 000	3 930 000	3 486 000	3 419 000
Other Income	0	0	6 000	0
Revenue	4 290 000	3 930 000	3 492 000	3 419 000
Cost of Goods Sold	1 318 000	1 159 000	1 035 000	1 037 000
Salary Costs	2 204 000	2 071 000	1 824 000	1 812 000
Depreciation	30 000	30 000	16 000	8 000
Impairment	0	0	0	0
Expenditure	4 196 000	3 827 000	3 453 000	3 435 000
Operating Profit	94 000	103 000	39 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	3 000	0
Financial Balance	0	−5 000	−3 000	0
Dividends	0	0	0	0
Net Income	76 000	94 000	36 000	−15 000

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	20 000	50 000	80 000	6 000
Total Tangible Assets	20 000	50 000	80 000	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	50 000	80 000	6 000
Stock	36 000	25 000	24 000	29 000
Total Investments	0	0	0	0
Cash, Bank	706 000	635 000	447 000	421 000
Total Current Assets	803 000	691 000	500 000	485 000
Total Assets	823 000	741 000	580 000	490 000
Total Equity	267 000	191 000	97 000	61 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	152 000	147 000	139 000	128 000
Unpaid Taxes	216 000	238 000	163 000	153 000
Dividends	0	0	0	0
Other Current Debt	171 000	160 000	180 000	148 000
Total Current Debt	555 000	550 000	482 000	429 000
Total Equity and Debt	823 000	741 000	580 000	490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,46 %	49,21 %	37,11 %	−24,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,19 %	2,62 %	1,12 %	−0,47 %
Current Ratio	1,45	1,26	1,04	1,13
Quick Ratio	1,55	1,32	1,09	1,21
Equity Ratio	0,32	0,26	0,17	0,12
Gross Profit Margin	69,28 %	70,51 %	70,36 %	69,67 %