ARCTIC REIN OG VILT AS

8610 MO I RANA

Finances

Share Ownership

Return on Equity

18,93 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 675 000	43 165 000	34 037 000	29 417 000
Net Income	897 000	1 012 000	−194 000	−1 525 000
Total Assets	34 292 000	22 895 000	18 274 000	22 850 000
Total Equity	4 738 000	3 841 000	2 829 000	3 023 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 675 000	43 165 000	34 037 000	29 417 000
Expenditure	40 749 000	41 128 000	33 401 000	30 549 000
Operating Profit	1 926 000	2 038 000	636 000	−1 133 000
Financial Income	14 000	35 000	0	0
Financial Costs	785 000	775 000	882 000	820 000
Financial Balance	−771 000	−740 000	−882 000	−820 000
Earnings Before Tax	1 155 000	1 298 000	−246 000	−1 953 000
Tax	258 000	287 000	−52 000	−427 000
Net Income	897 000	1 012 000	−194 000	−1 525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 354 000	1 737 000	2 502 000	3 583 000
Total Current Assets	32 938 000	21 158 000	15 772 000	19 267 000
Total Assets	34 292 000	22 895 000	18 274 000	22 850 000
Total Retained Equity	1 909 000	1 012 000	0	0
Total Equity	4 738 000	3 841 000	2 829 000	3 023 000
Total Long-Term Debt	3 859 000	4 549 000	5 238 000	4 091 000
Total Current Debt	25 695 000	14 504 000	10 207 000	15 736 000
Total Equity and Debt	34 292 000	22 895 000	18 274 000	22 850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 431 000	42 687 000	33 787 000	29 109 000
Other Income	244 000	477 000	250 000	308 000
Revenue	42 675 000	43 165 000	34 037 000	29 417 000
Cost of Goods Sold	32 693 000	33 610 000	26 503 000	22 848 000
Salary Costs	3 098 000	2 993 000	2 765 000	3 035 000
Depreciation	951 000	1 033 000	1 198 000	1 158 000
Impairment	0	0	0	0
Expenditure	40 749 000	41 128 000	33 401 000	30 549 000
Operating Profit	1 926 000	2 038 000	636 000	−1 133 000
Financial Income	14 000	35 000	0	0
Financial Costs	785 000	775 000	882 000	820 000
Financial Balance	−771 000	−740 000	−882 000	−820 000
Dividends	0	0	0	0
Net Income	897 000	1 012 000	−194 000	−1 525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	91 000	235 000	525 000	480 000
Real Eastate	270 000	231 000	249 000	268 000
Machinery and Plant Facilities	650 000	450 000	232 000	701 000
Fixtures	201 000	636 000	1 268 000	1 865 000
Total Tangible Assets	1 122 000	1 318 000	1 750 000	2 834 000
Total Fiancial Fixed Assets	142 000	184 000	226 000	269 000
Total Fixed Assets	1 354 000	1 737 000	2 502 000	3 583 000
Stock	24 514 000	13 111 000	10 449 000	13 076 000
Total Investments	0	0	0	0
Cash, Bank	134 000	160 000	149 000	148 000
Total Current Assets	32 938 000	21 158 000	15 772 000	19 267 000
Total Assets	34 292 000	22 895 000	18 274 000	22 850 000
Total Equity	4 738 000	3 841 000	2 829 000	3 023 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 859 000	4 549 000	5 238 000	4 091 000
Creditors	15 740 000	7 133 000	3 579 000	5 261 000
Unpaid Taxes	120 000	154 000	267 000	153 000
Dividends	0	0	0	0
Other Current Debt	1 285 000	776 000	878 000	1 286 000
Total Current Debt	25 695 000	14 504 000	10 207 000	15 736 000
Total Equity and Debt	34 292 000	22 895 000	18 274 000	22 850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,93 %	26,35 %	−6,86 %	−50,45 %
Debt-to-Equity Ratio	0,81	1,18	1,85	1,35
Operating Profit Margin	4,51 %	4,72 %	1,87 %	−3,85 %
Current Ratio	1,28	1,46	1,55	1,22
Quick Ratio	27,89	15,19	−65,17	7,24
Equity Ratio	0,14	0,17	0,15	0,13
Gross Profit Margin	23,39 %	22,14 %	22,13 %	22,33 %