ARKTISKE HAGER NARVIK AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

13,46 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 890 000	16 212 000	14 833 000	11 901 000
Net Income	454 000	1 513 000	1 523 000	199 000
Total Assets	6 634 000	7 065 000	6 348 000	4 490 000
Total Equity	3 372 000	3 013 000	2 219 000	1 696 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 890 000	16 212 000	14 833 000	11 901 000
Expenditure	14 235 000	14 273 000	12 833 000	11 588 000
Operating Profit	655 000	1 938 000	2 000 000	313 000
Financial Income	7 000	51 000	30 000	5 000
Financial Costs	81 000	49 000	78 000	63 000
Financial Balance	−74 000	2 000	−48 000	−58 000
Earnings Before Tax	582 000	1 940 000	1 953 000	255 000
Tax	128 000	427 000	430 000	56 000
Net Income	454 000	1 513 000	1 523 000	199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	485 000	437 000	283 000	301 000
Total Current Assets	6 149 000	6 628 000	6 065 000	4 189 000
Total Assets	6 634 000	7 065 000	6 348 000	4 490 000
Total Retained Equity	2 772 000	2 413 000	1 619 000	1 096 000
Total Equity	3 372 000	3 013 000	2 219 000	1 696 000
Total Long-Term Debt	31 000	27 000	591 000	627 000
Total Current Debt	3 231 000	4 024 000	3 537 000	2 167 000
Total Equity and Debt	6 634 000	7 065 000	6 348 000	4 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 883 000	16 197 000	14 805 000	11 901 000
Other Income	7 000	15 000	28 000	0
Revenue	14 890 000	16 212 000	14 833 000	11 901 000
Cost of Goods Sold	7 384 000	7 875 000	7 428 000	6 155 000
Salary Costs	4 156 000	3 812 000	3 088 000	3 013 000
Depreciation	68 000	55 000	33 000	31 000
Impairment	0	0	0	0
Expenditure	14 235 000	14 273 000	12 833 000	11 588 000
Operating Profit	655 000	1 938 000	2 000 000	313 000
Financial Income	7 000	51 000	30 000	5 000
Financial Costs	81 000	49 000	78 000	63 000
Financial Balance	−74 000	2 000	−48 000	−58 000
Dividends	0	500 000	1 000 000	0
Net Income	454 000	1 513 000	1 523 000	199 000

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	218 000	248 000	160 000	178 000
Fixtures	267 000	189 000	73 000	73 000
Total Tangible Assets	485 000	437 000	233 000	251 000
Total Fiancial Fixed Assets	0	0	50 000	50 000
Total Fixed Assets	485 000	437 000	283 000	301 000
Stock	5 098 000	3 849 000	2 746 000	2 626 000
Total Investments	0	0	0	0
Cash, Bank	326 000	2 397 000	2 958 000	1 236 000
Total Current Assets	6 149 000	6 628 000	6 065 000	4 189 000
Total Assets	6 634 000	7 065 000	6 348 000	4 490 000
Total Equity	3 372 000	3 013 000	2 219 000	1 696 000
Short-Term Group Debt	883 000	922 000	0	0
Total Long-Term Debt	31 000	27 000	591 000	627 000
Creditors	1 230 000	1 137 000	1 030 000	1 267 000
Unpaid Taxes	534 000	688 000	664 000	460 000
Dividends	0	500 000	1 000 000	0
Other Current Debt	486 000	421 000	414 000	385 000
Total Current Debt	3 231 000	4 024 000	3 537 000	2 167 000
Total Equity and Debt	6 634 000	7 065 000	6 348 000	4 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,46 %	50,22 %	68,63 %	11,73 %
Debt-to-Equity Ratio	0,01	0,01	0,27	0,37
Operating Profit Margin	4,4 %	11,95 %	13,48 %	2,63 %
Current Ratio	1,9	1,65	1,71	1,93
Quick Ratio	−3,29	37,87	7,67	−9,13
Equity Ratio	0,51	0,43	0,35	0,38
Gross Profit Margin	50,41 %	51,42 %	49,92 %	48,28 %