ARCTIC SWAN AS

9510 ALTA

Finances

Return on Equity

11,91 %

Current Ratio

2,05

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 068 000	168 444 000	149 314 000	156 657 000
Net Income	19 065 000	49 546 000	28 814 000	14 560 000
Total Assets	446 180 000	321 149 000	322 186 000	315 910 000
Total Equity	160 098 000	161 034 000	131 489 000	122 676 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 068 000	168 444 000	149 314 000	156 657 000
Expenditure	158 285 000	133 038 000	109 821 000	140 509 000
Operating Profit	32 782 000	35 406 000	39 493 000	16 149 000
Financial Income	5 961 000	28 542 000	2 199 000	5 261 000
Financial Costs	14 411 000	7 138 000	1 624 000	3 400 000
Financial Balance	−8 450 000	21 404 000	575 000	1 861 000
Earnings Before Tax	24 332 000	56 809 000	40 067 000	18 010 000
Tax	5 268 000	7 263 000	11 253 000	3 450 000
Net Income	19 065 000	49 546 000	28 814 000	14 560 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	330 510 000	200 652 000	158 547 000	166 957 000
Total Current Assets	115 670 000	120 496 000	163 638 000	148 952 000
Total Assets	446 180 000	321 149 000	322 186 000	315 910 000
Total Retained Equity	158 014 000	158 950 000	129 405 000	120 592 000
Total Equity	160 098 000	161 034 000	131 489 000	122 676 000
Total Long-Term Debt	229 609 000	104 748 000	139 857 000	139 968 000
Total Current Debt	56 473 000	55 367 000	50 839 000	53 266 000
Total Equity and Debt	446 180 000	321 149 000	322 186 000	315 910 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	191 068 000	168 444 000	149 314 000	156 657 000
Other Income	0	0	0	0
Revenue	191 068 000	168 444 000	149 314 000	156 657 000
Cost of Goods Sold	79 535 000	56 720 000	44 711 000	73 639 000
Salary Costs	55 784 000	53 375 000	46 971 000	47 312 000
Depreciation	15 227 000	15 950 000	13 025 000	14 001 000
Impairment	0	0	0	0
Expenditure	158 285 000	133 038 000	109 821 000	140 509 000
Operating Profit	32 782 000	35 406 000	39 493 000	16 149 000
Financial Income	5 961 000	28 542 000	2 199 000	5 261 000
Financial Costs	14 411 000	7 138 000	1 624 000	3 400 000
Financial Balance	−8 450 000	21 404 000	575 000	1 861 000
Dividends	0	0	0	0
Net Income	19 065 000	49 546 000	28 814 000	14 560 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 975 000	32 925 000	35 875 000	38 825 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	98 223 000	86 226 000	99 226 000	104 695 000
Total Fiancial Fixed Assets	202 312 000	81 501 000	23 446 000	23 438 000
Total Fixed Assets	330 510 000	200 652 000	158 547 000	166 957 000
Stock	43 588 000	27 675 000	15 050 000	22 179 000
Total Investments	39 689 000	42 912 000	37 940 000	35 926 000
Cash, Bank	28 434 000	39 912 000	105 080 000	77 814 000
Total Current Assets	115 670 000	120 496 000	163 638 000	148 952 000
Total Assets	446 180 000	321 149 000	322 186 000	315 910 000
Total Equity	160 098 000	161 034 000	131 489 000	122 676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	229 609 000	104 748 000	139 857 000	139 968 000
Creditors	10 582 000	8 808 000	4 802 000	17 192 000
Unpaid Taxes	12 624 000	14 939 000	16 352 000	11 473 000
Dividends	0	0	0	0
Other Current Debt	30 892 000	21 905 000	20 083 000	19 018 000
Total Current Debt	56 473 000	55 367 000	50 839 000	53 266 000
Total Equity and Debt	446 180 000	321 149 000	322 186 000	315 910 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,91 %	30,77 %	21,91 %	11,87 %
Debt-to-Equity Ratio	1,43	0,65	1,06	1,14
Operating Profit Margin	17,16 %	21,02 %	26,45 %	10,31 %
Current Ratio	2,05	2,18	3,22	2,8
Quick Ratio	8,98	4,35	4,57	4,79
Equity Ratio	0,36	0,5	0,41	0,39
Gross Profit Margin	58,37 %	66,33 %	70,06 %	52,99 %