ARCTIC BUILDING & CONSTRUCTION AS

1476 RASTA

Finances

Return on Equity

526,9 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 131 000	2 844 000	3 327 000	3 935 000
Net Income	2 977 000	844 000	−1 476 000	605 000
Total Assets	4 006 000	4 202 000	3 367 000	4 521 000
Total Equity	565 000	238 000	−606 000	870 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 131 000	2 844 000	3 327 000	3 935 000
Expenditure	420 000	2 449 000	4 753 000	3 196 000
Operating Profit	711 000	396 000	−1 426 000	739 000
Financial Income	2 989 000	593 000	5 000	16 000
Financial Costs	2 000	1 000	60 000	0
Financial Balance	2 987 000	592 000	−55 000	16 000
Earnings Before Tax	3 699 000	987 000	−1 481 000	755 000
Tax	722 000	143 000	−5 000	150 000
Net Income	2 977 000	844 000	−1 476 000	605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	42 000	427 000	744 000
Total Current Assets	3 964 000	4 160 000	2 940 000	3 778 000
Total Assets	4 006 000	4 202 000	3 367 000	4 521 000
Total Retained Equity	365 000	38 000	−806 000	670 000
Total Equity	565 000	238 000	−606 000	870 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	3 440 000	3 964 000	3 972 000	3 646 000
Total Equity and Debt	4 006 000	4 202 000	3 367 000	4 521 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 696 000	2 364 000	3 305 000	3 935 000
Other Income	−565 000	480 000	22 000	0
Revenue	1 131 000	2 844 000	3 327 000	3 935 000
Cost of Goods Sold	0	0	481 000	0
Salary Costs	−2 000	1 490 000	2 411 000	2 231 000
Depreciation	0	255 000	268 000	150 000
Impairment	0	132 000	0	0
Expenditure	420 000	2 449 000	4 753 000	3 196 000
Operating Profit	711 000	396 000	−1 426 000	739 000
Financial Income	2 989 000	593 000	5 000	16 000
Financial Costs	2 000	1 000	60 000	0
Financial Balance	2 987 000	592 000	−55 000	16 000
Dividends	2 650 000	0	0	0
Net Income	2 977 000	844 000	−1 476 000	605 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	386 000	647 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	7 000
Total Tangible Assets	0	0	0	7 000
Total Fiancial Fixed Assets	42 000	42 000	40 000	90 000
Total Fixed Assets	42 000	42 000	427 000	744 000
Stock	0	0	0	0
Total Investments	0	12 000	12 000	507 000
Cash, Bank	122 000	174 000	294 000	1 164 000
Total Current Assets	3 964 000	4 160 000	2 940 000	3 778 000
Total Assets	4 006 000	4 202 000	3 367 000	4 521 000
Total Equity	565 000	238 000	−606 000	870 000
Short-Term Group Debt	0	3 038 000	2 846 000	2 346 000
Total Long-Term Debt	0	0	0	5 000
Creditors	2 000	412 000	381 000	239 000
Unpaid Taxes	67 000	147 000	647 000	158 000
Dividends	2 650 000	0	0	0
Other Current Debt	0	223 000	98 000	752 000
Total Current Debt	3 440 000	3 964 000	3 972 000	3 646 000
Total Equity and Debt	4 006 000	4 202 000	3 367 000	4 521 000

Financial indicators	2022	2021	2020	2019
Return on Equity	526,9 %	354,62 %	243,56 %	69,54 %
Debt-to-Equity Ratio	0	0	−0	0,01
Operating Profit Margin	62,86 %	13,92 %	−42,86 %	18,78 %
Current Ratio	1,15	1,05	0,74	1,04
Quick Ratio	1,15	1,05	0,74	1,04
Equity Ratio	0,14	0,06	−0,18	0,19
Gross Profit Margin	100 %	100 %	85,54 %	100 %