ARCTIC B&C NORWAY AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

7 770 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 631 000	21 299 000	8 308 000	26 694 000
Net Income	2 331 000	411 000	−3 133 000	1 972 000
Total Assets	9 959 000	9 682 000	6 398 000	6 249 000
Total Equity	30 000	30 000	79 000	3 212 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 631 000	21 299 000	8 308 000	26 694 000
Expenditure	29 683 000	20 671 000	12 330 000	24 194 000
Operating Profit	2 947 000	627 000	−4 022 000	2 500 000
Financial Income	51 000	11 000	40 000	32 000
Financial Costs	7 000	80 000	33 000	11 000
Financial Balance	44 000	−69 000	7 000	21 000
Earnings Before Tax	2 991 000	558 000	−4 015 000	2 521 000
Tax	660 000	148 000	−882 000	549 000
Net Income	2 331 000	411 000	−3 133 000	1 972 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	3 121 000	3 338 000	2 435 000
Total Current Assets	9 907 000	6 561 000	3 060 000	3 813 000
Total Assets	9 959 000	9 682 000	6 398 000	6 249 000
Total Retained Equity	0	0	49 000	3 182 000
Total Equity	30 000	30 000	79 000	3 212 000
Total Long-Term Debt	0	0	4 000	7 000
Total Current Debt	9 929 000	9 652 000	6 315 000	3 030 000
Total Equity and Debt	9 959 000	9 682 000	6 398 000	6 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 628 000	21 228 000	8 278 000	26 677 000
Other Income	3 000	71 000	30 000	17 000
Revenue	32 631 000	21 299 000	8 308 000	26 694 000
Cost of Goods Sold	2 000	7 000	117 000	2 622 000
Salary Costs	20 983 000	15 639 000	6 158 000	18 451 000
Depreciation	10 000	18 000	27 000	34 000
Impairment	0	0	0	0
Expenditure	29 683 000	20 671 000	12 330 000	24 194 000
Operating Profit	2 947 000	627 000	−4 022 000	2 500 000
Financial Income	51 000	11 000	40 000	32 000
Financial Costs	7 000	80 000	33 000	11 000
Financial Balance	44 000	−69 000	7 000	21 000
Dividends	0	0	0	0
Net Income	2 331 000	411 000	−3 133 000	1 972 000

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	17 000	36 000	0	0
Fixtures	0	0	108 000	135 000
Total Tangible Assets	17 000	36 000	108 000	135 000
Total Fiancial Fixed Assets	34 000	3 085 000	3 230 000	2 300 000
Total Fixed Assets	51 000	3 121 000	3 338 000	2 435 000
Stock	0	0	0	0
Total Investments	0	45 000	70 000	1 925 000
Cash, Bank	6 322 000	3 089 000	1 759 000	1 129 000
Total Current Assets	9 907 000	6 561 000	3 060 000	3 813 000
Total Assets	9 959 000	9 682 000	6 398 000	6 249 000
Total Equity	30 000	30 000	79 000	3 212 000
Short-Term Group Debt	2 989 000	810 000	163 000	163 000
Total Long-Term Debt	0	0	4 000	7 000
Creditors	2 206 000	2 076 000	2 406 000	94 000
Unpaid Taxes	2 494 000	3 548 000	1 178 000	396 000
Dividends	0	0	0	0
Other Current Debt	2 237 000	3 197 000	1 929 000	1 594 000
Total Current Debt	9 929 000	9 652 000	6 315 000	3 030 000
Total Equity and Debt	9 959 000	9 682 000	6 398 000	6 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7 770 %	1 370 %	−3 965,82 %	61,39 %
Debt-to-Equity Ratio	0	0	0,05	0
Operating Profit Margin	9,03 %	2,94 %	−48,41 %	9,37 %
Current Ratio	1	0,68	0,48	1,26
Quick Ratio	1	0,68	0,48	1,26
Equity Ratio	0	0	0,01	0,51
Gross Profit Margin	99,99 %	99,97 %	98,59 %	90,18 %