ERLING ARNFINN KVÅL AS

7519 ELVARLI

Finances

Share Ownership

Return on Equity

3,7 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 912 000	28 111 000	31 520 000	27 292 000
Net Income	509 000	650 000	948 000	2 706 000
Total Assets	23 002 000	23 268 000	26 017 000	26 259 000
Total Equity	13 739 000	13 230 000	12 580 000	11 632 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 912 000	28 111 000	31 520 000	27 292 000
Expenditure	30 231 000	27 262 000	30 246 000	23 746 000
Operating Profit	682 000	850 000	1 274 000	3 546 000
Financial Income	48 000	45 000	64 000	124 000
Financial Costs	77 000	62 000	122 000	200 000
Financial Balance	−29 000	−17 000	−58 000	−76 000
Earnings Before Tax	652 000	833 000	1 216 000	3 470 000
Tax	144 000	183 000	267 000	764 000
Net Income	509 000	650 000	948 000	2 706 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 676 000	10 836 000	11 717 000	13 254 000
Total Current Assets	11 326 000	12 432 000	14 300 000	13 005 000
Total Assets	23 002 000	23 268 000	26 017 000	26 259 000
Total Retained Equity	12 739 000	12 230 000	11 580 000	10 632 000
Total Equity	13 739 000	13 230 000	12 580 000	11 632 000
Total Long-Term Debt	4 094 000	4 300 000	7 676 000	8 576 000
Total Current Debt	5 169 000	5 737 000	5 760 000	6 051 000
Total Equity and Debt	23 002 000	23 268 000	26 017 000	26 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 912 000	27 362 000	30 860 000	25 187 000
Other Income	0	750 000	660 000	2 105 000
Revenue	30 912 000	28 111 000	31 520 000	27 292 000
Cost of Goods Sold	11 711 000	8 847 000	12 889 000	9 296 000
Salary Costs	8 551 000	8 779 000	7 962 000	7 094 000
Depreciation	1 342 000	1 364 000	1 425 000	1 450 000
Impairment	0	0	0	0
Expenditure	30 231 000	27 262 000	30 246 000	23 746 000
Operating Profit	682 000	850 000	1 274 000	3 546 000
Financial Income	48 000	45 000	64 000	124 000
Financial Costs	77 000	62 000	122 000	200 000
Financial Balance	−29 000	−17 000	−58 000	−76 000
Dividends	0	0	0	0
Net Income	509 000	650 000	948 000	2 706 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	170 000	194 000	108 000	146 000
Machinery and Plant Facilities	2 100 000	2 512 000	3 102 000	3 989 000
Fixtures	591 000	1 049 000	1 389 000	1 434 000
Total Tangible Assets	2 861 000	3 755 000	4 599 000	5 568 000
Total Fiancial Fixed Assets	8 815 000	7 081 000	7 118 000	7 686 000
Total Fixed Assets	11 676 000	10 836 000	11 717 000	13 254 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 481 000	4 972 000	5 193 000	7 393 000
Total Current Assets	11 326 000	12 432 000	14 300 000	13 005 000
Total Assets	23 002 000	23 268 000	26 017 000	26 259 000
Total Equity	13 739 000	13 230 000	12 580 000	11 632 000
Short-Term Group Debt	0	0	0	44 000
Total Long-Term Debt	4 094 000	4 300 000	7 676 000	8 576 000
Creditors	2 474 000	2 301 000	2 789 000	3 155 000
Unpaid Taxes	1 921 000	2 130 000	2 135 000	1 275 000
Dividends	0	0	0	0
Other Current Debt	774 000	1 307 000	836 000	660 000
Total Current Debt	5 169 000	5 737 000	5 760 000	6 051 000
Total Equity and Debt	23 002 000	23 268 000	26 017 000	26 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,7 %	4,91 %	7,54 %	23,26 %
Debt-to-Equity Ratio	0,3	0,33	0,61	0,74
Operating Profit Margin	2,21 %	3,02 %	4,04 %	12,99 %
Current Ratio	2,19	2,17	2,48	2,15
Quick Ratio	2,19	2,17	2,48	2,15
Equity Ratio	0,6	0,57	0,48	0,44
Gross Profit Margin	62,12 %	68,53 %	59,11 %	65,94 %