ARSTEC AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

44,97 %

Current Ratio

3,84

Debt-to-Equity Ratio

1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 186 000	53 249 000	51 662 000	40 455 000
Net Income	4 045 000	3 927 000	680 000	460 000
Total Assets	27 499 000	22 827 000	20 577 000	16 547 000
Total Equity	8 994 000	5 924 000	4 352 000	4 072 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 186 000	53 249 000	51 662 000	40 455 000
Expenditure	59 438 000	49 257 000	47 923 000	39 579 000
Operating Profit	2 747 000	3 991 000	3 739 000	876 000
Financial Income	2 781 000	1 312 000	3 000	2 000
Financial Costs	323 000	282 000	2 899 000	325 000
Financial Balance	2 458 000	1 030 000	−2 896 000	−323 000
Earnings Before Tax	5 205 000	5 021 000	843 000	553 000
Tax	1 160 000	1 093 000	163 000	93 000
Net Income	4 045 000	3 927 000	680 000	460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	612 000	312 000	483 000	464 000
Total Current Assets	26 887 000	22 515 000	20 094 000	16 082 000
Total Assets	27 499 000	22 827 000	20 577 000	16 547 000
Total Retained Equity	5 382 000	2 312 000	741 000	460 000
Total Equity	8 994 000	5 924 000	4 352 000	4 072 000
Total Long-Term Debt	11 500 000	4 267 000	7 467 000	500 000
Total Current Debt	7 006 000	12 637 000	8 758 000	11 975 000
Total Equity and Debt	27 499 000	22 827 000	20 577 000	16 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 049 000	52 949 000	51 293 000	40 359 000
Other Income	137 000	300 000	369 000	96 000
Revenue	62 186 000	53 249 000	51 662 000	40 455 000
Cost of Goods Sold	47 625 000	40 315 000	40 044 000	30 500 000
Salary Costs	6 198 000	5 119 000	4 043 000	5 008 000
Depreciation	112 000	96 000	87 000	85 000
Impairment	0	0	0	0
Expenditure	59 438 000	49 257 000	47 923 000	39 579 000
Operating Profit	2 747 000	3 991 000	3 739 000	876 000
Financial Income	2 781 000	1 312 000	3 000	2 000
Financial Costs	323 000	282 000	2 899 000	325 000
Financial Balance	2 458 000	1 030 000	−2 896 000	−323 000
Dividends	700 000	2 242 000	400 000	0
Net Income	4 045 000	3 927 000	680 000	460 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	32 000	114 000	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	20 000	67 000	113 000	160 000
Fixtures	444 000	102 000	137 000	152 000
Total Tangible Assets	464 000	169 000	250 000	312 000
Total Fiancial Fixed Assets	102 000	110 000	118 000	126 000
Total Fixed Assets	612 000	312 000	483 000	464 000
Stock	14 999 000	11 833 000	10 308 000	11 959 000
Total Investments	0	0	0	0
Cash, Bank	5 914 000	7 292 000	4 412 000	775 000
Total Current Assets	26 887 000	22 515 000	20 094 000	16 082 000
Total Assets	27 499 000	22 827 000	20 577 000	16 547 000
Total Equity	8 994 000	5 924 000	4 352 000	4 072 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 500 000	4 267 000	7 467 000	500 000
Creditors	2 637 000	6 679 000	4 487 000	3 661 000
Unpaid Taxes	1 151 000	1 481 000	1 075 000	522 000
Dividends	700 000	2 242 000	400 000	0
Other Current Debt	2 121 000	3 596 000	3 074 000	3 777 000
Total Current Debt	7 006 000	12 637 000	8 758 000	11 975 000
Total Equity and Debt	27 499 000	22 827 000	20 577 000	16 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,97 %	66,29 %	15,63 %	11,3 %
Debt-to-Equity Ratio	1,28	0,72	1,72	0,12
Operating Profit Margin	4,42 %	7,49 %	7,24 %	2,17 %
Current Ratio	3,84	1,78	2,29	1,34
Quick Ratio	−3,36	28	−12,96	1 005,13
Equity Ratio	0,33	0,26	0,21	0,25
Gross Profit Margin	23,42 %	24,29 %	22,49 %	24,61 %