ARCTIC MUSTARD AS

8013 BODØ

Finances

Share Ownership

Return on Equity

18,15 %

Current Ratio

2,72

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 260 000	3 067 000	2 991 000	4 253 000
Net Income	135 000	16 000	−45 000	62 000
Total Assets	1 497 000	1 530 000	1 719 000	1 881 000
Total Equity	744 000	609 000	593 000	638 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 260 000	3 067 000	2 991 000	4 253 000
Expenditure	3 054 000	3 012 000	3 010 000	4 113 000
Operating Profit	205 000	55 000	−19 000	140 000
Financial Income	0	1 000	0	1 000
Financial Costs	31 000	35 000	36 000	55 000
Financial Balance	−31 000	−34 000	−36 000	−54 000
Earnings Before Tax	174 000	21 000	−55 000	86 000
Tax	38 000	5 000	−10 000	24 000
Net Income	135 000	16 000	−45 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	28 000	25 000	99 000
Total Current Assets	1 473 000	1 502 000	1 693 000	1 782 000
Total Assets	1 497 000	1 530 000	1 719 000	1 881 000
Total Retained Equity	644 000	509 000	493 000	538 000
Total Equity	744 000	609 000	593 000	638 000
Total Long-Term Debt	211 000	523 000	780 000	80 000
Total Current Debt	541 000	398 000	346 000	1 163 000
Total Equity and Debt	1 497 000	1 530 000	1 719 000	1 881 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 240 000	2 726 000	2 513 000	3 774 000
Other Income	20 000	341 000	477 000	479 000
Revenue	3 260 000	3 067 000	2 991 000	4 253 000
Cost of Goods Sold	1 923 000	1 788 000	1 659 000	1 917 000
Salary Costs	634 000	544 000	477 000	813 000
Depreciation	0	0	70 000	70 000
Impairment	0	0	0	0
Expenditure	3 054 000	3 012 000	3 010 000	4 113 000
Operating Profit	205 000	55 000	−19 000	140 000
Financial Income	0	1 000	0	1 000
Financial Costs	31 000	35 000	36 000	55 000
Financial Balance	−31 000	−34 000	−36 000	−54 000
Dividends	0	0	0	0
Net Income	135 000	16 000	−45 000	62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	70 000
Total Intangible Assets	16 000	21 000	25 000	99 000
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	8 000	8 000	0	0
Total Fixed Assets	24 000	28 000	25 000	99 000
Stock	712 000	917 000	881 000	973 000
Total Investments	0	0	0	0
Cash, Bank	468 000	27 000	153 000	58 000
Total Current Assets	1 473 000	1 502 000	1 693 000	1 782 000
Total Assets	1 497 000	1 530 000	1 719 000	1 881 000
Total Equity	744 000	609 000	593 000	638 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	211 000	523 000	780 000	80 000
Creditors	199 000	101 000	231 000	314 000
Unpaid Taxes	180 000	73 000	36 000	223 000
Dividends	0	0	0	0
Other Current Debt	129 000	112 000	79 000	146 000
Total Current Debt	541 000	398 000	346 000	1 163 000
Total Equity and Debt	1 497 000	1 530 000	1 719 000	1 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,15 %	2,63 %	−7,59 %	9,72 %
Debt-to-Equity Ratio	0,28	0,86	1,32	0,13
Operating Profit Margin	6,29 %	1,79 %	−0,64 %	3,29 %
Current Ratio	2,72	3,77	4,89	1,53
Quick Ratio	−8,61	−2,89	−3,16	9,38
Equity Ratio	0,5	0,4	0,34	0,34
Gross Profit Margin	41,01 %	41,7 %	44,53 %	54,93 %