Arwi High-Tech Coating AS
ASDissolvedOrg 920211577Holsvegen 24, 2315 HamarEngroshandel med maskiner og utstyr til handel, transport og tjenesteyting ellers· NACE 46694Est. 2017 · 8 years old0 employeeshttps://www.arwi.no
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Overview
Arwi High-Tech Coating AS is a Norwegian AS based in Hamar, operating in the Engroshandel med maskiner og utstyr til handel, transport og tjenesteyting ellers sector. Incorporated in 2017, the company has 0 employees and reported revenue of NOK 138.7k in its latest annual filing.
Revenue 2023
138.7K NOK
−80% vs 2022
EBITDA margin
15.0 %
−89% vs 2022
Net profit 2023
26.5K NOK
-69% vs 2022
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
84.3 %
Very strongAmong the 20% highest rated companies in the industry
20192023
Liquidity ratioCurrent assets ÷ Short-term debt
6.4×
Very strongAmong the 20% highest rated companies in the industry
20192023
Return on assets (ROA)Net profit ÷ Total assets × 100
10.5 %
StrongAmong the 30% highest rated companies in the industry
20192023
EBITDA — year on year
NOK thousandsKey figures
Annual report 2023| Revenue | 138.7K NOK | -80% |
| EBITDA | 20.8K NOK | -89% |
| Net profit | 26.5K NOK | -69% |
| Total assets | 252K NOK | +24% |
| Equity | 212.4K NOK | +14% |
| Employees | 0 | — |
Company information
Legal name
ARWI HIGH-TECH COATING AS
Org number
920211577
Legal form
Aksjeselskap
Founded
27 October 2017 · 8 years
Share capital
NOK 30,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Salg og import av varer og salg av tjenester i tilknytting til dette. Selskapet kan likeledes drive fast eiendom og investeringer i aksjer eller annen aktivitet relatert til dette.
(no translation available)
Contact
Address
Holsvegen 24, 2315 Hamar
Website
https://www.arwi.no
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Financial development
In its most recent annual report (2023), Arwi High-Tech Coating AS reported revenue of NOK 138.7k, a decrease of 80% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net profit of NOK 26.5k, and the EBITDA margin stood at 15%.
At the end of 2023, equity financed 84.3% of the balance sheet, and current assets covered short-term debt 6.4 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 139 | 680 | 4,428 | 5,207 | 3,812 |
| Staff expenses | -0 | -0 | -46 | -49 | -92 |
| EBITDA | 21 | 187 | 921 | 1,166 | 675 |
| Depreciation & amort. | -0 | -25 | -26 | -26 | -26 |
| EBIT | 21 | 162 | 895 | 1,140 | 649 |
| Net financials | 6 | -75 | -8 | -61 | -3 |
| Profit before tax | 27 | 87 | 886 | 1,079 | 646 |
| Tax | -0 | 0 | 225 | 245 | 147 |
| Net profit | 27 | 87 | 661 | 833 | 499 |
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Balance sheet
NOK thousands| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Total assets | 252 | 203 | 1,840 | 1,470 | 1,132 |
| Equity | 212 | 186 | 99 | 62 | 229 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 40 | 17 | 1,741 | 1,408 | 903 |
| Total debt | 40 | 17 | 1,741 | 1,408 | 903 |
Financial ratios
5-year trendEBITDA margin
15.0 %
20192023
Equity ratio
84.3 %
Very strongAmong the 20% highest rated companies in the industry
20192023
Return on equity
12.5 %
AverageAround the average of companies in the same industry
20192023
Net profit margin
19.1 %
Very strongAmong the 20% highest rated companies in the industry
20192023
Asset turnover
0.55×
WeakAmong the 40% lowest rated companies in the industry
20192023
Debt / equity
0.19×
Very strongAmong the 20% highest rated companies in the industry
20192023
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginStrong
Among the 40% 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 marginVery strong
Among the 20% 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 equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
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.
Return on net assets (RONA)Average
Around the average of companies in the same industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 40% 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.
Liquidity
Current ratioVery strong
Among the 20% highest 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 strong
Among the 20% highest 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 ratioStrong
Among the 30% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 40% highest rated companies in the industry
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 capitalVery strong
Among the 10% highest rated companies in the industry
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.
Cash conversion ratioWeak
Among the 30% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioVery strong
Among the 20% highest 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 strong
Among the 20% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery strong
Among the 20% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 30% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery strong
Among the 20% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 20% highest rated companies in the 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 debtVery weak
Among the 10% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 40% 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.
Efficiency & development
Asset turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalAverage
Around the average of companies in the same industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Annual reports & filings
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
FA Contact Person | Contact Person | 2018 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
FA Chairman | Chairman | 2018 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
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Company hierarchy
Frode Alhaug As
Arwi High-Tech Coating AS Board network connections
Board members of Arwi High-Tech Coating AS also hold positions in 13 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Frode Alhaug | Contact Person | 13 companiesMany roles |
Frequently asked questions
What is the Org number of Arwi High-Tech Coating AS?
Arwi High-Tech Coating AS is registered with Brønnøysundsregistrene under Org 920211577.
What is the revenue of Arwi High-Tech Coating AS?
Arwi High-Tech Coating AS reported revenue of NOK 138.7k in 2023.
Who is the chairman of Arwi High-Tech Coating AS?
Frode Alhaug chairs the board of Arwi High-Tech Coating AS, in role since 2018.
Where is Arwi High-Tech Coating AS headquartered?
Arwi High-Tech Coating AS's registered address is Holsvegen 24.