ARCTIQ AS

9046 OTEREN

Finances

Share Ownership

Return on Equity

10,85 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 870 000	3 457 000	4 791 000	5 520 000
Net Income	42 000	58 000	−784 000	283 000
Total Assets	2 393 000	1 394 000	2 691 000	2 979 000
Total Equity	387 000	344 000	286 000	1 070 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 870 000	3 457 000	4 791 000	5 520 000
Expenditure	6 785 000	3 361 000	5 757 000	5 139 000
Operating Profit	85 000	97 000	−965 000	381 000
Financial Income	0	0	5 000	2 000
Financial Costs	18 000	23 000	37 000	17 000
Financial Balance	−18 000	−23 000	−32 000	−15 000
Earnings Before Tax	67 000	74 000	−997 000	367 000
Tax	25 000	15 000	−213 000	85 000
Net Income	42 000	58 000	−784 000	283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 000	149 000	586 000	875 000
Total Current Assets	2 199 000	1 245 000	2 105 000	2 104 000
Total Assets	2 393 000	1 394 000	2 691 000	2 979 000
Total Retained Equity	362 000	320 000	262 000	1 045 000
Total Equity	387 000	344 000	286 000	1 070 000
Total Long-Term Debt	228 000	268 000	580 000	726 000
Total Current Debt	1 779 000	782 000	1 825 000	1 183 000
Total Equity and Debt	2 393 000	1 394 000	2 691 000	2 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 858 000	3 377 000	4 791 000	5 600 000
Other Income	12 000	81 000	0	−80 000
Revenue	6 870 000	3 457 000	4 791 000	5 520 000
Cost of Goods Sold	1 037 000	15 000	108 000	74 000
Salary Costs	3 982 000	2 397 000	3 944 000	3 636 000
Depreciation	124 000	176 000	336 000	111 000
Impairment	0	0	0	0
Expenditure	6 785 000	3 361 000	5 757 000	5 139 000
Operating Profit	85 000	97 000	−965 000	381 000
Financial Income	0	0	5 000	2 000
Financial Costs	18 000	23 000	37 000	17 000
Financial Balance	−18 000	−23 000	−32 000	−15 000
Dividends	0	0	0	0
Net Income	42 000	58 000	−784 000	283 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	17 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	13 000	0	0
Fixtures	176 000	126 000	575 000	875 000
Total Tangible Assets	176 000	139 000	575 000	875 000
Total Fiancial Fixed Assets	−7 000	−7 000	11 000	0
Total Fixed Assets	194 000	149 000	586 000	875 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	487 000	346 000	107 000	664 000
Total Current Assets	2 199 000	1 245 000	2 105 000	2 104 000
Total Assets	2 393 000	1 394 000	2 691 000	2 979 000
Total Equity	387 000	344 000	286 000	1 070 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	228 000	268 000	580 000	726 000
Creditors	392 000	66 000	130 000	114 000
Unpaid Taxes	592 000	463 000	897 000	528 000
Dividends	0	0	0	0
Other Current Debt	761 000	220 000	561 000	483 000
Total Current Debt	1 779 000	782 000	1 825 000	1 183 000
Total Equity and Debt	2 393 000	1 394 000	2 691 000	2 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,85 %	16,86 %	−274,13 %	26,45 %
Debt-to-Equity Ratio	0,59	0,78	2,03	0,68
Operating Profit Margin	1,24 %	2,81 %	−20,14 %	6,9 %
Current Ratio	1,24	1,59	1,15	1,78
Quick Ratio	1,24	1,59	1,15	1,78
Equity Ratio	0,16	0,25	0,11	0,36
Gross Profit Margin	84,91 %	99,57 %	97,75 %	98,66 %