ARCTIC PETFOOD AS

0263 OSLO

Finances

Share Ownership

Return on Equity

31,14 %

Current Ratio

2,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 661 000	7 278 000	14 854 000	18 061 000
Net Income	137 000	49 000	−191 000	−177 000
Total Assets	765 000	476 000	1 775 000	1 750 000
Total Equity	440 000	303 000	−45 000	146 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 661 000	7 278 000	14 854 000	18 061 000
Expenditure	5 472 000	7 190 000	15 316 000	18 177 000
Operating Profit	189 000	88 000	−461 000	−116 000
Financial Income	0	80 000	512 000	529 000
Financial Costs	13 000	119 000	242 000	589 000
Financial Balance	−13 000	−39 000	270 000	−60 000
Earnings Before Tax	177 000	49 000	−191 000	−177 000
Tax	40 000	0	0	0
Net Income	137 000	49 000	−191 000	−177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	27 000	39 000	61 000
Total Current Assets	750 000	449 000	1 736 000	1 689 000
Total Assets	765 000	476 000	1 775 000	1 750 000
Total Retained Equity	41 000	−96 000	−145 000	46 000
Total Equity	440 000	303 000	−45 000	146 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	325 000	173 000	1 820 000	1 604 000
Total Equity and Debt	765 000	476 000	1 775 000	1 750 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 661 000	7 278 000	14 854 000	18 061 000
Other Income	0	0	0	0
Revenue	5 661 000	7 278 000	14 854 000	18 061 000
Cost of Goods Sold	3 821 000	5 563 000	13 486 000	15 198 000
Salary Costs	0	0	0	0
Depreciation	12 000	12 000	22 000	4 000
Impairment	0	0	0	0
Expenditure	5 472 000	7 190 000	15 316 000	18 177 000
Operating Profit	189 000	88 000	−461 000	−116 000
Financial Income	0	80 000	512 000	529 000
Financial Costs	13 000	119 000	242 000	589 000
Financial Balance	−13 000	−39 000	270 000	−60 000
Dividends	0	0	0	0
Net Income	137 000	49 000	−191 000	−177 000

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	15 000	27 000	39 000	61 000
Total Tangible Assets	15 000	27 000	39 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	27 000	39 000	61 000
Stock	30 000	24 000	668 000	1 062 000
Total Investments	0	0	0	0
Cash, Bank	42 000	107 000	485 000	12 000
Total Current Assets	750 000	449 000	1 736 000	1 689 000
Total Assets	765 000	476 000	1 775 000	1 750 000
Total Equity	440 000	303 000	−45 000	146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	285 000	123 000	1 820 000	612 000
Unpaid Taxes	0	−115 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	165 000	0	992 000
Total Current Debt	325 000	173 000	1 820 000	1 604 000
Total Equity and Debt	765 000	476 000	1 775 000	1 750 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,14 %	16,17 %	424,44 %	−121,23 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	3,34 %	1,21 %	−3,1 %	−0,64 %
Current Ratio	2,31	2,6	0,95	1,05
Quick Ratio	2,54	3,01	1,51	3,12
Equity Ratio	0,58	0,64	−0,03	0,08
Gross Profit Margin	32,5 %	23,56 %	9,21 %	15,85 %