HÆHRE ARCTIC AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

128,12 %

Current Ratio

0,93

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 708 000	88 327 000	138 563 000	130 012 000
Net Income	24 563 000	10 758 000	10 488 000	10 448 000
Total Assets	126 546 000	89 671 000	78 481 000	42 134 000
Total Equity	19 172 000	18 109 000	27 951 000	17 463 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 708 000	88 327 000	138 563 000	130 012 000
Expenditure	213 756 000	76 384 000	126 265 000	77 277 000
Operating Profit	26 953 000	11 942 000	12 298 000	12 278 000
Financial Income	2 311 000	871 000	190 000	227 000
Financial Costs	22 000	1 000	3 000	49 000
Financial Balance	2 289 000	870 000	187 000	178 000
Earnings Before Tax	29 242 000	12 812 000	12 486 000	12 456 000
Tax	4 679 000	2 054 000	1 998 000	2 008 000
Net Income	24 563 000	10 758 000	10 488 000	10 448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 819 000	50 775 000	0	0
Total Current Assets	94 726 000	38 896 000	78 481 000	42 134 000
Total Assets	126 546 000	89 671 000	78 481 000	42 134 000
Total Retained Equity	14 172 000	13 109 000	22 951 000	12 463 000
Total Equity	19 172 000	18 109 000	27 951 000	17 463 000
Total Long-Term Debt	5 712 000	1 033 000	4 390 000	2 392 000
Total Current Debt	101 662 000	70 529 000	46 140 000	22 279 000
Total Equity and Debt	126 546 000	89 671 000	78 481 000	42 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	240 708 000	88 327 000	138 563 000	130 012 000
Other Income	0	0	0	0
Revenue	240 708 000	88 327 000	138 563 000	130 012 000
Cost of Goods Sold	119 642 000	24 585 000	40 798 000	8 596 000
Salary Costs	40 431 000	17 110 000	31 027 000	26 037 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	213 756 000	76 384 000	126 265 000	77 277 000
Operating Profit	26 953 000	11 942 000	12 298 000	12 278 000
Financial Income	2 311 000	871 000	190 000	227 000
Financial Costs	22 000	1 000	3 000	49 000
Financial Balance	2 289 000	870 000	187 000	178 000
Dividends	23 500 000	20 600 000	0	0
Net Income	24 563 000	10 758 000	10 488 000	10 448 000

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	31 819 000	50 775 000	0	0
Total Fixed Assets	31 819 000	50 775 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 580 000	26 417 000	77 297 000	25 681 000
Total Current Assets	94 726 000	38 896 000	78 481 000	42 134 000
Total Assets	126 546 000	89 671 000	78 481 000	42 134 000
Total Equity	19 172 000	18 109 000	27 951 000	17 463 000
Short-Term Group Debt	0	10 608 000	0	0
Total Long-Term Debt	5 712 000	1 033 000	4 390 000	2 392 000
Creditors	21 115 000	3 276 000	1 913 000	6 738 000
Unpaid Taxes	1 609 000	896 000	892 000	0
Dividends	23 500 000	20 600 000	0	0
Other Current Debt	55 438 000	29 738 000	43 335 000	15 540 000
Total Current Debt	101 662 000	70 529 000	46 140 000	22 279 000
Total Equity and Debt	126 546 000	89 671 000	78 481 000	42 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	128,12 %	59,41 %	37,52 %	59,83 %
Debt-to-Equity Ratio	0,3	0,06	0,16	0,14
Operating Profit Margin	11,2 %	13,52 %	8,88 %	9,44 %
Current Ratio	0,93	0,55	1,7	1,89
Quick Ratio	0,93	0,55	1,7	1,89
Equity Ratio	0,15	0,2	0,36	0,41
Gross Profit Margin	50,3 %	72,17 %	70,56 %	93,39 %