BRØDR AARSETH AS

6057 ELLINGSØY

Finances

Share Ownership

Return on Equity

23,08 %

Current Ratio

0,94

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	221 987 000	126 922 000	73 350 000	113 674 000
Net Income	−60 000	−162 000	−1 218 000	89 000
Total Assets	44 405 000	33 588 000	21 886 000	29 516 000
Total Equity	−260 000	−1 240 000	−1 078 000	140 000

Income (NOK)	2022	2021	2020	2019
Revenue	221 987 000	126 922 000	73 350 000	113 674 000
Expenditure	221 851 000	127 393 000	74 697 000	113 722 000
Operating Profit	136 000	−472 000	−1 347 000	−47 000
Financial Income	1 818 000	1 048 000	599 000	1 035 000
Financial Costs	2 014 000	783 000	813 000	873 000
Financial Balance	−196 000	265 000	−214 000	162 000
Earnings Before Tax	−60 000	−206 000	−1 562 000	115 000
Tax	0	−44 000	−344 000	26 000
Net Income	−60 000	−162 000	−1 218 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 345 000	1 333 000	1 428 000	1 320 000
Total Current Assets	42 059 000	32 255 000	20 457 000	28 196 000
Total Assets	44 405 000	33 588 000	21 886 000	29 516 000
Total Retained Equity	−3 551 000	−3 491 000	−3 329 000	−2 111 000
Total Equity	−260 000	−1 240 000	−1 078 000	140 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	44 664 000	34 828 000	22 963 000	29 375 000
Total Equity and Debt	44 405 000	33 588 000	21 886 000	29 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	221 987 000	126 746 000	72 266 000	113 674 000
Other Income	0	176 000	1 083 000	0
Revenue	221 987 000	126 922 000	73 350 000	113 674 000
Cost of Goods Sold	197 660 000	110 058 000	62 991 000	97 231 000
Salary Costs	9 814 000	7 536 000	4 301 000	7 229 000
Depreciation	180 000	139 000	235 000	212 000
Impairment	0	0	0	0
Expenditure	221 851 000	127 393 000	74 697 000	113 722 000
Operating Profit	136 000	−472 000	−1 347 000	−47 000
Financial Income	1 818 000	1 048 000	599 000	1 035 000
Financial Costs	2 014 000	783 000	813 000	873 000
Financial Balance	−196 000	265 000	−214 000	162 000
Dividends	0	0	0	0
Net Income	−60 000	−162 000	−1 218 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	998 000	998 000	954 000	610 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 347 000	335 000	475 000	709 000
Total Tangible Assets	1 347 000	335 000	475 000	709 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 345 000	1 333 000	1 428 000	1 320 000
Stock	37 542 000	24 069 000	16 557 000	26 412 000
Total Investments	0	0	0	0
Cash, Bank	1 632 000	1 923 000	1 476 000	972 000
Total Current Assets	42 059 000	32 255 000	20 457 000	28 196 000
Total Assets	44 405 000	33 588 000	21 886 000	29 516 000
Total Equity	−260 000	−1 240 000	−1 078 000	140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 263 000	8 117 000	1 646 000	1 180 000
Unpaid Taxes	687 000	590 000	386 000	539 000
Dividends	0	0	0	0
Other Current Debt	34 714 000	26 121 000	20 931 000	27 656 000
Total Current Debt	44 664 000	34 828 000	22 963 000	29 375 000
Total Equity and Debt	44 405 000	33 588 000	21 886 000	29 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,08 %	13,06 %	112,99 %	63,57 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	0,06 %	−0,37 %	−1,84 %	−0,04 %
Current Ratio	0,94	0,93	0,89	0,96
Quick Ratio	5,91	3	3,19	9,52
Equity Ratio	−0,01	−0,04	−0,05	0
Gross Profit Margin	10,96 %	13,29 %	14,12 %	14,47 %