ARCTIC DRILLING AS

9522 KAUTOKEINO

Finances

Return on Equity

17,36 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 270 000	19 126 000	8 750 000	7 886 000
Net Income	2 363 000	5 214 000	1 389 000	−50 000
Total Assets	19 849 000	18 210 000	9 164 000	8 553 000
Total Equity	13 611 000	11 247 000	6 033 000	4 645 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 270 000	19 126 000	8 750 000	7 886 000
Expenditure	18 828 000	15 207 000	6 477 000	7 865 000
Operating Profit	3 443 000	3 918 000	2 273 000	20 000
Financial Income	8 000	2 363 000	47 000	32 000
Financial Costs	369 000	235 000	456 000	125 000
Financial Balance	−361 000	2 128 000	−409 000	−93 000
Earnings Before Tax	3 082 000	6 046 000	1 863 000	−72 000
Tax	719 000	832 000	475 000	−23 000
Net Income	2 363 000	5 214 000	1 389 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 270 000	11 275 000	6 324 000	5 853 000
Total Current Assets	5 578 000	6 935 000	2 840 000	2 700 000
Total Assets	19 849 000	18 210 000	9 164 000	8 553 000
Total Retained Equity	13 536 000	11 172 000	5 958 000	4 570 000
Total Equity	13 611 000	11 247 000	6 033 000	4 645 000
Total Long-Term Debt	3 507 000	3 917 000	2 462 000	2 664 000
Total Current Debt	2 731 000	3 046 000	669 000	1 244 000
Total Equity and Debt	19 849 000	18 210 000	9 164 000	8 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 134 000	19 135 000	7 583 000	7 795 000
Other Income	136 000	−9 000	1 167 000	91 000
Revenue	22 270 000	19 126 000	8 750 000	7 886 000
Cost of Goods Sold	40 000	143 000	58 000	1 516 000
Salary Costs	9 427 000	7 229 000	2 826 000	3 887 000
Depreciation	1 307 000	918 000	433 000	427 000
Impairment	0	0	0	0
Expenditure	18 828 000	15 207 000	6 477 000	7 865 000
Operating Profit	3 443 000	3 918 000	2 273 000	20 000
Financial Income	8 000	2 363 000	47 000	32 000
Financial Costs	369 000	235 000	456 000	125 000
Financial Balance	−361 000	2 128 000	−409 000	−93 000
Dividends	0	0	0	0
Net Income	2 363 000	5 214 000	1 389 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	394 000
Real Eastate	3 780 000	3 795 000	3 762 000	3 762 000
Machinery and Plant Facilities	3 118 000	2 200 000	454 000	863 000
Fixtures	2 568 000	1 035 000	459 000	584 000
Total Tangible Assets	9 546 000	7 163 000	4 674 000	5 209 000
Total Fiancial Fixed Assets	4 724 000	4 112 000	1 650 000	250 000
Total Fixed Assets	14 270 000	11 275 000	6 324 000	5 853 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 422 000	4 032 000	793 000	2 427 000
Total Current Assets	5 578 000	6 935 000	2 840 000	2 700 000
Total Assets	19 849 000	18 210 000	9 164 000	8 553 000
Total Equity	13 611 000	11 247 000	6 033 000	4 645 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 507 000	3 917 000	2 462 000	2 664 000
Creditors	211 000	526 000	173 000	187 000
Unpaid Taxes	1 058 000	1 042 000	278 000	248 000
Dividends	0	0	0	0
Other Current Debt	824 000	597 000	218 000	808 000
Total Current Debt	2 731 000	3 046 000	669 000	1 244 000
Total Equity and Debt	19 849 000	18 210 000	9 164 000	8 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,36 %	46,36 %	23,02 %	−1,08 %
Debt-to-Equity Ratio	0,26	0,35	0,41	0,57
Operating Profit Margin	15,46 %	20,49 %	25,98 %	0,25 %
Current Ratio	2,04	2,28	4,25	2,17
Quick Ratio	2,04	2,28	4,25	2,17
Equity Ratio	0,69	0,62	0,66	0,54
Gross Profit Margin	99,82 %	99,25 %	99,34 %	80,78 %