ARCTIC FJORD AS

9700 LAKSELV

Finances

Share Ownership

Return on Equity

58,1 %

Current Ratio

2,79

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 541 000	714 000	1 512 000	822 000
Net Income	380 000	−385 000	477 000	−36 000
Total Assets	1 306 000	1 012 000	1 721 000	705 000
Total Equity	654 000	274 000	659 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 541 000	714 000	1 512 000	822 000
Expenditure	1 094 000	1 084 000	939 000	833 000
Operating Profit	448 000	−370 000	572 000	−11 000
Financial Income	3 000	2 000	2 000	0
Financial Costs	42 000	48 000	52 000	26 000
Financial Balance	−39 000	−46 000	−50 000	−26 000
Earnings Before Tax	410 000	−415 000	522 000	−36 000
Tax	29 000	−30 000	46 000	0
Net Income	380 000	−385 000	477 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	833 000	869 000	921 000	456 000
Total Current Assets	472 000	143 000	799 000	248 000
Total Assets	1 306 000	1 012 000	1 721 000	705 000
Total Retained Equity	154 000	−226 000	159 000	−317 000
Total Equity	654 000	274 000	659 000	183 000
Total Long-Term Debt	483 000	578 000	719 000	179 000
Total Current Debt	169 000	161 000	342 000	343 000
Total Equity and Debt	1 306 000	1 012 000	1 721 000	705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 526 000	680 000	1 432 000	805 000
Other Income	15 000	34 000	80 000	17 000
Revenue	1 541 000	714 000	1 512 000	822 000
Cost of Goods Sold	24 000	1 000	44 000	9 000
Salary Costs	445 000	462 000	270 000	355 000
Depreciation	95 000	95 000	112 000	77 000
Impairment	0	0	0	0
Expenditure	1 094 000	1 084 000	939 000	833 000
Operating Profit	448 000	−370 000	572 000	−11 000
Financial Income	3 000	2 000	2 000	0
Financial Costs	42 000	48 000	52 000	26 000
Financial Balance	−39 000	−46 000	−50 000	−26 000
Dividends	0	0	0	0
Net Income	380 000	−385 000	477 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	80 000	69 000	137 000
Total Tangible Assets	833 000	869 000	921 000	456 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	833 000	869 000	921 000	456 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	459 000	79 000	181 000	123 000
Total Current Assets	472 000	143 000	799 000	248 000
Total Assets	1 306 000	1 012 000	1 721 000	705 000
Total Equity	654 000	274 000	659 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	483 000	578 000	719 000	179 000
Creditors	66 000	75 000	100 000	20 000
Unpaid Taxes	70 000	12 000	96 000	83 000
Dividends	0	0	0	0
Other Current Debt	33 000	73 000	131 000	240 000
Total Current Debt	169 000	161 000	342 000	343 000
Total Equity and Debt	1 306 000	1 012 000	1 721 000	705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,1 %	−140,51 %	72,38 %	−19,67 %
Debt-to-Equity Ratio	0,74	2,11	1,09	0,98
Operating Profit Margin	29,07 %	−51,82 %	37,83 %	−1,34 %
Current Ratio	2,79	0,89	2,34	0,72
Quick Ratio	2,79	0,89	2,34	0,72
Equity Ratio	0,5	0,27	0,38	0,26
Gross Profit Margin	98,44 %	99,86 %	97,09 %	98,91 %