ARCTICNOR AS

3185 SKOPPUM

Finances

Return on Equity

109,42 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 715 000	22 118 000	10 977 000	10 275 000
Net Income	2 532 000	−339 000	876 000	770 000
Total Assets	11 464 000	10 055 000	5 308 000	5 124 000
Total Equity	2 314 000	582 000	922 000	1 045 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 715 000	22 118 000	10 977 000	10 275 000
Expenditure	30 771 000	22 259 000	9 905 000	9 246 000
Operating Profit	2 945 000	−142 000	1 072 000	1 029 000
Financial Income	8 000	3 000	7 000	4 000
Financial Costs	1 000	0	0	0
Financial Balance	7 000	3 000	7 000	4 000
Earnings Before Tax	2 952 000	−140 000	1 078 000	1 033 000
Tax	420 000	200 000	202 000	263 000
Net Income	2 532 000	−339 000	876 000	770 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	728 000	189 000	146 000	70 000
Total Current Assets	10 736 000	9 866 000	5 162 000	5 053 000
Total Assets	11 464 000	10 055 000	5 308 000	5 124 000
Total Retained Equity	2 284 000	552 000	892 000	1 015 000
Total Equity	2 314 000	582 000	922 000	1 045 000
Total Long-Term Debt	98 000	0	6 000	0
Total Current Debt	9 052 000	9 473 000	4 380 000	4 078 000
Total Equity and Debt	11 464 000	10 055 000	5 308 000	5 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 715 000	21 742 000	10 762 000	10 275 000
Other Income	0	375 000	215 000	0
Revenue	33 715 000	22 118 000	10 977 000	10 275 000
Cost of Goods Sold	9 175 000	8 230 000	3 324 000	3 805 000
Salary Costs	19 323 000	11 544 000	5 688 000	4 573 000
Depreciation	137 000	75 000	36 000	12 000
Impairment	0	0	0	0
Expenditure	30 771 000	22 259 000	9 905 000	9 246 000
Operating Profit	2 945 000	−142 000	1 072 000	1 029 000
Financial Income	8 000	3 000	7 000	4 000
Financial Costs	1 000	0	0	0
Financial Balance	7 000	3 000	7 000	4 000
Dividends	800 000	0	1 000 000	0
Net Income	2 532 000	−339 000	876 000	770 000

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	374 000	159 000	116 000	71 000
Total Tangible Assets	374 000	159 000	116 000	71 000
Total Fiancial Fixed Assets	354 000	30 000	30 000	−1 000
Total Fixed Assets	728 000	189 000	146 000	70 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 790 000	4 764 000	2 191 000	2 222 000
Total Current Assets	10 736 000	9 866 000	5 162 000	5 053 000
Total Assets	11 464 000	10 055 000	5 308 000	5 124 000
Total Equity	2 314 000	582 000	922 000	1 045 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	98 000	0	6 000	0
Creditors	880 000	3 707 000	837 000	1 650 000
Unpaid Taxes	3 055 000	1 721 000	921 000	969 000
Dividends	800 000	0	1 000 000	0
Other Current Debt	3 995 000	3 838 000	1 427 000	1 187 000
Total Current Debt	9 052 000	9 473 000	4 380 000	4 078 000
Total Equity and Debt	11 464 000	10 055 000	5 308 000	5 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	109,42 %	−58,25 %	95,01 %	73,68 %
Debt-to-Equity Ratio	0,04	0	0,01	0
Operating Profit Margin	8,73 %	−0,64 %	9,77 %	10,01 %
Current Ratio	1,19	1,04	1,18	1,24
Quick Ratio	1,19	1,04	1,18	1,24
Equity Ratio	0,2	0,06	0,17	0,2
Gross Profit Margin	72,79 %	62,79 %	69,72 %	62,97 %