ARCTIC FEED INGREDIENTS AS

8909 BRØNNØYSUND

Finances

Return on Equity

−23,12 %

Current Ratio

1,28

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 007 000	8 755 000	6 836 000	304 000
Net Income	−390 000	−838 000	801 000	251 000
Total Assets	9 146 000	6 092 000	6 669 000	2 594 000
Total Equity	1 687 000	2 175 000	3 013 000	2 212 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 007 000	8 755 000	6 836 000	304 000
Expenditure	15 642 000	9 765 000	5 753 000	45 000
Operating Profit	366 000	−1 010 000	1 083 000	260 000
Financial Income	130 000	65 000	39 000	1 000
Financial Costs	648 000	123 000	134 000	33 000
Financial Balance	−518 000	−58 000	−95 000	−32 000
Earnings Before Tax	−152 000	−1 068 000	988 000	228 000
Tax	238 000	−230 000	187 000	−23 000
Net Income	−390 000	−838 000	801 000	251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 002 000	1 243 000	1 485 000	1 989 000
Total Current Assets	7 144 000	4 849 000	5 184 000	606 000
Total Assets	9 146 000	6 092 000	6 669 000	2 594 000
Total Retained Equity	−600 000	−139 000	699 000	−102 000
Total Equity	1 687 000	2 175 000	3 013 000	2 212 000
Total Long-Term Debt	1 886 000	1 465 000	1 558 000	0
Total Current Debt	5 573 000	2 452 000	2 098 000	383 000
Total Equity and Debt	9 146 000	6 092 000	6 669 000	2 594 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 849 000	8 311 000	6 745 000	304 000
Other Income	1 158 000	444 000	91 000	0
Revenue	16 007 000	8 755 000	6 836 000	304 000
Cost of Goods Sold	11 712 000	5 825 000	3 397 000	1 000
Salary Costs	2 141 000	2 237 000	936 000	0
Depreciation	433 000	379 000	379 000	32 000
Impairment	0	0	0	0
Expenditure	15 642 000	9 765 000	5 753 000	45 000
Operating Profit	366 000	−1 010 000	1 083 000	260 000
Financial Income	130 000	65 000	39 000	1 000
Financial Costs	648 000	123 000	134 000	33 000
Financial Balance	−518 000	−58 000	−95 000	−32 000
Dividends	0	0	0	0
Net Income	−390 000	−838 000	801 000	251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 939 000	1 243 000	1 485 000	1 989 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	63 000	0	0	0
Total Tangible Assets	63 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 002 000	1 243 000	1 485 000	1 989 000
Stock	197 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 687 000	694 000	522 000	215 000
Total Current Assets	7 144 000	4 849 000	5 184 000	606 000
Total Assets	9 146 000	6 092 000	6 669 000	2 594 000
Total Equity	1 687 000	2 175 000	3 013 000	2 212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 886 000	1 465 000	1 558 000	0
Creditors	4 223 000	2 069 000	1 902 000	383 000
Unpaid Taxes	114 000	97 000	93 000	0
Dividends	0	0	0	0
Other Current Debt	1 236 000	286 000	104 000	0
Total Current Debt	5 573 000	2 452 000	2 098 000	383 000
Total Equity and Debt	9 146 000	6 092 000	6 669 000	2 594 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,12 %	−38,53 %	26,58 %	11,35 %
Debt-to-Equity Ratio	1,12	0,67	0,52	0
Operating Profit Margin	2,29 %	−11,54 %	15,84 %	85,53 %
Current Ratio	1,28	1,98	2,47	1,58
Quick Ratio	1,33	1,98	2,47	1,58
Equity Ratio	0,18	0,36	0,45	0,85
Gross Profit Margin	26,83 %	33,47 %	50,31 %	99,67 %