Arnodd AS
ASDissolvedOrg 897780712Vikebukt, 6392 VikebuktProduksjon av andre tekstilvarer, unntatt klær· NACE 13929Est. 2011 · 14 years old0 employeeshttps://www.spektrum.no
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Overview
Arnodd AS is a Norwegian AS based in Vikebukt, operating in the Produksjon av andre tekstilvarer, unntatt klær sector. Incorporated in 2011, the company has 0 employees and reported revenue of NOK 1.1m in its latest annual filing.
Revenue 2020
1.1M NOK
−15% vs 2019
EBITDA margin
20.3 %
+419% vs 2019
Net profit 2020
0.2M NOK
+256% vs 2019
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-89.1 %
Very weakAmong the 10% lowest rated companies in the industry
20162020
Liquidity ratioCurrent assets ÷ Short-term debt
0.4×
Very weakAmong the 20% lowest rated companies in the industry
20162020
Return on assets (ROA)Net profit ÷ Total assets × 100
11.7 %
StrongAmong the 30% highest rated companies in the industry
20162020
EBITDA — year on year
NOK thousandsKey figures
Annual report 2020| Revenue | 1.1M NOK | -15% |
| EBITDA | 0.2M NOK | +419% |
| Net profit | 0.2M NOK | +256% |
| Total assets | 1.3M NOK | -1% |
| Equity | -1.1M NOK | +36% |
| Employees | 0 | — |
Company information
Legal name
ARNODD AS
Org number
897780712
Legal form
Aksjeselskap
NACE code
Founded
29 December 2011 · 14 years
Share capital
NOK 200,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Produksjon av flagg, profil og reklameartikler og beslektede områder, herunder deltagelse i andre selskap.
(no translation available)
Contact
Address
Vikebukt, 6392 Vikebukt
Website
https://www.spektrum.no
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Financial development
In its most recent annual report (2020), Arnodd AS reported revenue of NOK 1.1m, a decrease of 15% on the year before. The figures on this page draw on 5 annual filings covering 2016 to 2020. The bottom line showed a net profit of NOK 150.4k, and the EBITDA margin stood at 20.3%.
At the end of 2020, current assets covered short-term debt 0.4 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 1,128 | 1,332 | 1,517 | 1,353 | 1,647 |
| Staff expenses | -336 | -576 | -567 | -595 | -690 |
| EBITDA | 229 | -72 | 56 | 201 | 137 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -380 |
| EBIT | 229 | -72 | 56 | 201 | -243 |
| Net financials | -36 | -52 | -97 | -123 | -155 |
| Profit before tax | 193 | -124 | -40 | 78 | -398 |
| Tax | 42 | -27 | 20 | 48 | -70 |
| Net profit | 150 | -97 | -61 | 30 | -329 |
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Balance sheet
NOK thousands| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Total assets | 1,284 | 1,302 | 1,025 | 1,231 | 1,370 |
| Equity | -1,144 | -1,793 | -2,103 | -2,043 | -2,073 |
| Long-term debt | 396 | 521 | 771 | 1,021 | 1,271 |
| Short-term debt | 2,032 | 2,574 | 2,357 | 2,253 | 2,172 |
| Total debt | 2,428 | 3,094 | 3,128 | 3,274 | 3,442 |
Financial ratios
5-year trendEBITDA margin
20.3 %
20162020
Equity ratio
-89.1 %
Very weakAmong the 10% lowest rated companies in the industry
20162020
Return on equity
—
20162020
Net profit margin
13.3 %
StrongAmong the 30% highest rated companies in the industry
20162020
Asset turnover
0.88×
AverageAround the average of companies in the same industry
20162020
Debt / equity
—
20162020
Sector performance
21 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginStrong
Among the 30% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery strong
Among the 20% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginStrong
Among the 30% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on assets (ROA)Strong
Among the 30% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Basic earning power (BEP)Very strong
Among the 20% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 20% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Liquidity
Current ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 20% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash conversion ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Debt & solvency
Solidity ratioVery weak
Among the 10% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery weak
Among the 10% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 40% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 30% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalVery weak
Among the 10% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in debtStrong
Among the 30% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
JA Chief Executive Officer | Chief Executive Officer | 2012 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
JB Chairman | Chairman | 2012 |
EC Board of Directors | Board of Directors | 2012 |
KT Board of Directors | Board of Directors | 2012 |
JA Board of Directors | Board of Directors | 2012 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
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Related companies
Company hierarchy
Spektrum Profil As
Arnodd AS Board network connections
Board members of Arnodd AS also hold positions in 42 other companies.
| Person | Role here | Other companies |
|---|---|---|
| John Breivik | Chairman | 33 companiesMany roles |
| Jon Arne Askevold | Chief Executive Officer | 7 companiesMany roles |
| Elisabeth Cathrine Askevold | Board of Directors | 1 company |
| Kjersti Therese Askevold Skogly | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Arnodd AS?
Arnodd AS is registered with Brønnøysundsregistrene under Org 897780712.
What is the revenue of Arnodd AS?
Arnodd AS reported revenue of NOK 1.1m in 2020.
Who is the CEO of Arnodd AS?
Jon Arne Askevold is the CEO of Arnodd AS, in role since 2012.
Who is the chairman of Arnodd AS?
John Breivik chairs the board of Arnodd AS, in role since 2012.
Where is Arnodd AS headquartered?
Arnodd AS's registered address is Vikebukt.