ARCTIC ASFALT AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

38,9 %

Current Ratio

1,15

Debt-to-Equity Ratio

2,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	119 119 000	100 874 000	102 433 000	96 409 000
Net Income	3 072 000	608 000	3 046 000	48 000
Total Assets	60 567 000	49 014 000	37 775 000	26 776 000
Total Equity	7 897 000	5 561 000	5 247 000	3 400 000

Income (NOK)	2022	2021	2020	2019
Revenue	119 119 000	100 874 000	102 433 000	96 409 000
Expenditure	113 420 000	98 899 000	98 112 000	95 548 000
Operating Profit	5 700 000	1 975 000	4 321 000	860 000
Financial Income	141 000	58 000	83 000	30 000
Financial Costs	1 880 000	1 233 000	635 000	641 000
Financial Balance	−1 739 000	−1 175 000	−552 000	−611 000
Earnings Before Tax	3 961 000	800 000	3 769 000	250 000
Tax	890 000	192 000	723 000	201 000
Net Income	3 072 000	608 000	3 046 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 022 000	15 399 000	2 941 000	2 207 000
Total Current Assets	39 545 000	33 615 000	34 834 000	24 570 000
Total Assets	60 567 000	49 014 000	37 775 000	26 776 000
Total Retained Equity	7 597 000	5 261 000	4 947 000	3 100 000
Total Equity	7 897 000	5 561 000	5 247 000	3 400 000
Total Long-Term Debt	18 320 000	12 632 000	0	0
Total Current Debt	34 349 000	30 821 000	32 528 000	23 376 000
Total Equity and Debt	60 567 000	49 014 000	37 775 000	26 776 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	119 105 000	100 326 000	102 433 000	96 409 000
Other Income	15 000	548 000	0	0
Revenue	119 119 000	100 874 000	102 433 000	96 409 000
Cost of Goods Sold	53 888 000	51 236 000	53 332 000	60 642 000
Salary Costs	36 769 000	29 902 000	29 251 000	22 692 000
Depreciation	7 288 000	4 478 000	519 000	312 000
Impairment	0	0	0	0
Expenditure	113 420 000	98 899 000	98 112 000	95 548 000
Operating Profit	5 700 000	1 975 000	4 321 000	860 000
Financial Income	141 000	58 000	83 000	30 000
Financial Costs	1 880 000	1 233 000	635 000	641 000
Financial Balance	−1 739 000	−1 175 000	−552 000	−611 000
Dividends	0	0	1 200 000	0
Net Income	3 072 000	608 000	3 046 000	48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 058 000	1 633 000	780 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 594 000	1 153 000	248 000	357 000
Fixtures	17 275 000	12 422 000	1 100 000	728 000
Total Tangible Assets	18 869 000	13 575 000	1 349 000	1 085 000
Total Fiancial Fixed Assets	95 000	191 000	812 000	1 122 000
Total Fixed Assets	21 022 000	15 399 000	2 941 000	2 207 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	652 000	6 707 000	5 818 000	4 986 000
Total Current Assets	39 545 000	33 615 000	34 834 000	24 570 000
Total Assets	60 567 000	49 014 000	37 775 000	26 776 000
Total Equity	7 897 000	5 561 000	5 247 000	3 400 000
Short-Term Group Debt	417 000	529 000	0	0
Total Long-Term Debt	18 320 000	12 632 000	0	0
Creditors	6 037 000	5 687 000	6 536 000	7 211 000
Unpaid Taxes	7 559 000	6 514 000	5 635 000	3 836 000
Dividends	0	0	1 200 000	0
Other Current Debt	19 250 000	18 005 000	18 055 000	2 334 000
Total Current Debt	34 349 000	30 821 000	32 528 000	23 376 000
Total Equity and Debt	60 567 000	49 014 000	37 775 000	26 776 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,9 %	10,93 %	58,05 %	1,41 %
Debt-to-Equity Ratio	2,32	2,27	0	0
Operating Profit Margin	4,79 %	1,96 %	4,22 %	0,89 %
Current Ratio	1,15	1,09	1,07	1,05
Quick Ratio	1,15	1,09	1,07	1,05
Equity Ratio	0,13	0,11	0,14	0,13
Gross Profit Margin	54,76 %	49,21 %	47,93 %	37,1 %