ARCTIC ELEMCO AS

1820 SPYDEBERG

Finances

Return on Equity

296,38 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	45 544 000	6 487 000	6 574 000	7 491 000
Total Assets	15 523 000	4 452 000	7 445 000	8 978 000
Total Equity	15 367 000	4 324 000	837 000	863 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	108 000	51 000	30 000	50 000
Operating Profit	−108 000	−51 000	−30 000	−50 000
Financial Income	45 797 000	6 530 000	6 605 000	7 536 000
Financial Costs	0	0	0	1 000
Financial Balance	45 797 000	6 530 000	6 605 000	7 535 000
Earnings Before Tax	45 688 000	6 478 000	6 576 000	7 486 000
Tax	145 000	−8 000	2 000	−4 000
Net Income	45 544 000	6 487 000	6 574 000	7 491 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 225 000	1 231 000	1 702 000	1 702 000
Total Current Assets	298 000	3 222 000	5 743 000	7 276 000
Total Assets	15 523 000	4 452 000	7 445 000	8 978 000
Total Retained Equity	14 857 000	3 814 000	327 000	353 000
Total Equity	15 367 000	4 324 000	837 000	863 000
Total Long-Term Debt	0	0	8 000	6 000
Total Current Debt	156 000	129 000	6 600 000	8 109 000
Total Equity and Debt	15 523 000	4 452 000	7 445 000	8 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	108 000	51 000	30 000	50 000
Operating Profit	−108 000	−51 000	−30 000	−50 000
Financial Income	45 797 000	6 530 000	6 605 000	7 536 000
Financial Costs	0	0	0	1 000
Financial Balance	45 797 000	6 530 000	6 605 000	7 535 000
Dividends	0	0	6 600 000	8 100 000
Net Income	45 544 000	6 487 000	6 574 000	7 491 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 225 000	1 231 000	1 702 000	1 702 000
Total Fixed Assets	15 225 000	1 231 000	1 702 000	1 702 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	298 000	1 611 000	1 658 000	5 744 000
Total Current Assets	298 000	3 222 000	5 743 000	7 276 000
Total Assets	15 523 000	4 452 000	7 445 000	8 978 000
Total Equity	15 367 000	4 324 000	837 000	863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	8 000	6 000
Creditors	11 000	129 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	6 600 000	8 100 000
Other Current Debt	0	0	6 600 000	8 100 000
Total Current Debt	156 000	129 000	6 600 000	8 109 000
Total Equity and Debt	15 523 000	4 452 000	7 445 000	8 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	296,38 %	150,02 %	785,42 %	868,02 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	-	-	-	-
Current Ratio	1,91	24,98	0,87	0,9
Quick Ratio	1,91	24,98	0,87	0,9
Equity Ratio	0,99	0,97	0,11	0,1
Gross Profit Margin	-	-	-	-