ARCTIC WASTE MANAGEMENT AS

9018 TROMSØ

Finances

Share Ownership

Return on Equity

55,6 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 858 000	14 632 000	10 591 000	10 333 000
Net Income	1 425 000	1 417 000	−248 000	7 000
Total Assets	5 504 000	3 669 000	2 163 000	1 990 000
Total Equity	2 563 000	1 138 000	−279 000	−31 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 858 000	14 632 000	10 591 000	10 333 000
Expenditure	17 447 000	13 196 000	10 822 000	10 305 000
Operating Profit	1 410 000	1 436 000	−230 000	28 000
Financial Income	27 000	2 000	3 000	2 000
Financial Costs	12 000	22 000	20 000	23 000
Financial Balance	15 000	−20 000	−17 000	−21 000
Earnings Before Tax	1 425 000	1 417 000	−248 000	7 000
Tax	0	0	0	0
Net Income	1 425 000	1 417 000	−248 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	65 000	0	0
Total Current Assets	5 463 000	3 604 000	2 163 000	1 990 000
Total Assets	5 504 000	3 669 000	2 163 000	1 990 000
Total Retained Equity	−237 000	−1 662 000	−3 079 000	−2 831 000
Total Equity	2 563 000	1 138 000	−279 000	−31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 941 000	2 531 000	2 442 000	2 021 000
Total Equity and Debt	5 504 000	3 669 000	2 163 000	1 990 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 839 000	14 523 000	10 232 000	10 333 000
Other Income	19 000	109 000	359 000	0
Revenue	18 858 000	14 632 000	10 591 000	10 333 000
Cost of Goods Sold	4 176 000	2 962 000	2 571 000	2 517 000
Salary Costs	5 478 000	5 116 000	3 943 000	3 330 000
Depreciation	24 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	17 447 000	13 196 000	10 822 000	10 305 000
Operating Profit	1 410 000	1 436 000	−230 000	28 000
Financial Income	27 000	2 000	3 000	2 000
Financial Costs	12 000	22 000	20 000	23 000
Financial Balance	15 000	−20 000	−17 000	−21 000
Dividends	0	0	0	0
Net Income	1 425 000	1 417 000	−248 000	7 000

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	40 000	65 000	0	0
Total Tangible Assets	40 000	65 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	65 000	0	0
Stock	0	51 000	4 000	0
Total Investments	0	0	0	0
Cash, Bank	2 264 000	2 121 000	682 000	502 000
Total Current Assets	5 463 000	3 604 000	2 163 000	1 990 000
Total Assets	5 504 000	3 669 000	2 163 000	1 990 000
Total Equity	2 563 000	1 138 000	−279 000	−31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 092 000	778 000	560 000	440 000
Unpaid Taxes	730 000	404 000	533 000	310 000
Dividends	0	0	0	0
Other Current Debt	1 119 000	1 349 000	1 349 000	1 271 000
Total Current Debt	2 941 000	2 531 000	2 442 000	2 021 000
Total Equity and Debt	5 504 000	3 669 000	2 163 000	1 990 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,6 %	124,52 %	88,89 %	−22,58 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	7,48 %	9,81 %	−2,17 %	0,27 %
Current Ratio	1,86	1,42	0,89	0,98
Quick Ratio	1,86	1,45	0,89	0,98
Equity Ratio	0,47	0,31	−0,13	−0,02
Gross Profit Margin	77,86 %	79,76 %	75,72 %	75,64 %