ARCTIC PAPER NORGE AS

0579 OSLO

Finances

Share Ownership

Return on Equity

21,44 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 358 000	3 702 000	3 328 000	3 238 000
Net Income	387 000	234 000	235 000	257 000
Total Assets	3 593 000	2 893 000	2 664 000	2 531 000
Total Equity	1 805 000	1 418 000	1 184 000	949 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 358 000	3 702 000	3 328 000	3 238 000
Expenditure	3 847 000	3 386 000	3 010 000	2 902 000
Operating Profit	511 000	316 000	318 000	335 000
Financial Income	0	0	0	8 000
Financial Costs	3 000	1 000	1 000	0
Financial Balance	−3 000	−1 000	−1 000	8 000
Earnings Before Tax	507 000	315 000	318 000	342 000
Tax	121 000	81 000	82 000	85 000
Net Income	387 000	234 000	235 000	257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	58 000	58 000	0
Total Current Assets	3 534 000	2 834 000	2 605 000	2 531 000
Total Assets	3 593 000	2 893 000	2 664 000	2 531 000
Total Retained Equity	1 305 000	918 000	684 000	449 000
Total Equity	1 805 000	1 418 000	1 184 000	949 000
Total Long-Term Debt	263 000	302 000	345 000	397 000
Total Current Debt	1 525 000	1 172 000	1 135 000	1 185 000
Total Equity and Debt	3 593 000	2 893 000	2 664 000	2 531 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 358 000	3 702 000	3 328 000	3 238 000
Other Income	0	0	0	0
Revenue	4 358 000	3 702 000	3 328 000	3 238 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 684 000	1 549 000	1 413 000	1 277 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 847 000	3 386 000	3 010 000	2 902 000
Operating Profit	511 000	316 000	318 000	335 000
Financial Income	0	0	0	8 000
Financial Costs	3 000	1 000	1 000	0
Financial Balance	−3 000	−1 000	−1 000	8 000
Dividends	0	0	0	0
Net Income	387 000	234 000	235 000	257 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	58 000	58 000	58 000	0
Total Fixed Assets	58 000	58 000	58 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 581 000	1 534 000	1 723 000	973 000
Total Current Assets	3 534 000	2 834 000	2 605 000	2 531 000
Total Assets	3 593 000	2 893 000	2 664 000	2 531 000
Total Equity	1 805 000	1 418 000	1 184 000	949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	263 000	302 000	345 000	397 000
Creditors	292 000	108 000	122 000	192 000
Unpaid Taxes	183 000	294 000	257 000	241 000
Dividends	0	0	0	0
Other Current Debt	890 000	647 000	621 000	605 000
Total Current Debt	1 525 000	1 172 000	1 135 000	1 185 000
Total Equity and Debt	3 593 000	2 893 000	2 664 000	2 531 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,44 %	16,5 %	19,85 %	27,08 %
Debt-to-Equity Ratio	0,15	0,21	0,29	0,42
Operating Profit Margin	11,73 %	8,54 %	9,56 %	10,35 %
Current Ratio	2,32	2,42	2,3	2,14
Quick Ratio	2,32	2,42	2,3	2,14
Equity Ratio	0,5	0,49	0,44	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %