ARCTIC EIENDOM HARSTAD AS

9405 HARSTAD

Finances

Return on Equity

15,74 %

Current Ratio

3,36

Debt-to-Equity Ratio

3,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 985 000	15 980 000	16 584 000	15 431 000
Net Income	6 867 000	60 659 000	24 508 000	6 062 000
Total Assets	201 727 000	323 583 000	263 535 000	241 649 000
Total Equity	43 625 000	37 802 000	25 799 000	7 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 985 000	15 980 000	16 584 000	15 431 000
Expenditure	7 273 000	8 643 000	15 234 000	5 966 000
Operating Profit	13 712 000	7 338 000	1 351 000	9 465 000
Financial Income	497 000	59 251 000	29 438 000	5 046 000
Financial Costs	5 404 000	5 396 000	5 142 000	6 851 000
Financial Balance	−4 907 000	53 855 000	24 296 000	−1 805 000
Earnings Before Tax	8 804 000	61 193 000	25 647 000	7 660 000
Tax	1 937 000	534 000	1 139 000	1 598 000
Net Income	6 867 000	60 659 000	24 508 000	6 062 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 319 000	283 861 000	213 131 000	206 934 000
Total Current Assets	28 409 000	39 722 000	50 403 000	34 715 000
Total Assets	201 727 000	323 583 000	263 535 000	241 649 000
Total Retained Equity	42 813 000	36 990 000	24 987 000	6 979 000
Total Equity	43 625 000	37 802 000	25 799 000	7 791 000
Total Long-Term Debt	145 000 000	234 449 000	230 212 000	230 212 000
Total Current Debt	8 458 000	51 331 000	7 524 000	3 646 000
Total Equity and Debt	201 727 000	323 583 000	263 535 000	241 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	282 000	311 000	219 000	186 000
Other Income	20 703 000	15 669 000	16 365 000	15 245 000
Revenue	20 985 000	15 980 000	16 584 000	15 431 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	1 009 000	2 186 000	2 215 000	2 184 000
Impairment	0	0	0	0
Expenditure	7 273 000	8 643 000	15 234 000	5 966 000
Operating Profit	13 712 000	7 338 000	1 351 000	9 465 000
Financial Income	497 000	59 251 000	29 438 000	5 046 000
Financial Costs	5 404 000	5 396 000	5 142 000	6 851 000
Financial Balance	−4 907 000	53 855 000	24 296 000	−1 805 000
Dividends	0	48 656 000	0	0
Net Income	6 867 000	60 659 000	24 508 000	6 062 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 085 000	2 486 000	2 198 000	1 975 000
Real Eastate	99 722 000	101 253 000	101 410 000	103 301 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 272 000	0	1 373 000	925 000
Total Tangible Assets	100 994 000	101 253 000	102 782 000	104 226 000
Total Fiancial Fixed Assets	70 240 000	180 122 000	108 151 000	100 733 000
Total Fixed Assets	173 319 000	283 861 000	213 131 000	206 934 000
Stock	0	0	0	0
Total Investments	150 000	150 000	150 000	150 000
Cash, Bank	14 798 000	17 039 000	15 673 000	23 193 000
Total Current Assets	28 409 000	39 722 000	50 403 000	34 715 000
Total Assets	201 727 000	323 583 000	263 535 000	241 649 000
Total Equity	43 625 000	37 802 000	25 799 000	7 791 000
Short-Term Group Debt	0	0	6 194 000	0
Total Long-Term Debt	145 000 000	234 449 000	230 212 000	230 212 000
Creditors	818 000	760 000	469 000	346 000
Unpaid Taxes	117 000	156 000	162 000	166 000
Dividends	0	48 656 000	0	0
Other Current Debt	537 000	50 415 000	699 000	1 074 000
Total Current Debt	8 458 000	51 331 000	7 524 000	3 646 000
Total Equity and Debt	201 727 000	323 583 000	263 535 000	241 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,74 %	160,47 %	95 %	77,81 %
Debt-to-Equity Ratio	3,32	6,2	8,92	29,55
Operating Profit Margin	65,34 %	45,92 %	8,15 %	61,34 %
Current Ratio	3,36	0,77	6,7	9,52
Quick Ratio	3,36	0,77	6,7	9,52
Equity Ratio	0,22	0,12	0,1	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %