ARKTISK GEOTEK AS

9162 SØRSTRAUMEN

Finances

Share Ownership

Return on Equity

40,66 %

Current Ratio

2,14

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 259 000	4 209 000	3 216 000	4 470 000
Net Income	866 000	555 000	147 000	439 000
Total Assets	3 635 000	2 200 000	1 538 000	1 304 000
Total Equity	2 130 000	1 495 000	940 000	797 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 259 000	4 209 000	3 216 000	4 470 000
Expenditure	4 395 000	3 548 000	3 027 000	3 908 000
Operating Profit	864 000	661 000	189 000	562 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	0	1 000	2 000
Earnings Before Tax	866 000	661 000	190 000	563 000
Tax	0	106 000	43 000	124 000
Net Income	866 000	555 000	147 000	439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	618 000	250 000	10 000	0
Total Current Assets	3 017 000	1 950 000	1 527 000	1 304 000
Total Assets	3 635 000	2 200 000	1 538 000	1 304 000
Total Retained Equity	2 100 000	1 465 000	910 000	767 000
Total Equity	2 130 000	1 495 000	940 000	797 000
Total Long-Term Debt	91 000	78 000	178 000	176 000
Total Current Debt	1 413 000	627 000	420 000	331 000
Total Equity and Debt	3 635 000	2 200 000	1 538 000	1 304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 959 000	3 832 000	2 861 000	4 458 000
Other Income	300 000	377 000	355 000	12 000
Revenue	5 259 000	4 209 000	3 216 000	4 470 000
Cost of Goods Sold	923 000	111 000	0	15 000
Salary Costs	2 490 000	1 843 000	1 753 000	1 500 000
Depreciation	194 000	60 000	0	0
Impairment	0	0	0	0
Expenditure	4 395 000	3 548 000	3 027 000	3 908 000
Operating Profit	864 000	661 000	189 000	562 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	0	1 000	2 000
Dividends	0	0	0	0
Net Income	866 000	555 000	147 000	439 000

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	618 000	250 000	10 000	0
Total Tangible Assets	618 000	250 000	10 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	618 000	250 000	10 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 017 000	1 950 000	1 474 000	802 000
Total Current Assets	3 017 000	1 950 000	1 527 000	1 304 000
Total Assets	3 635 000	2 200 000	1 538 000	1 304 000
Total Equity	2 130 000	1 495 000	940 000	797 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	91 000	78 000	178 000	176 000
Creditors	539 000	86 000	4 000	0
Unpaid Taxes	405 000	256 000	214 000	207 000
Dividends	0	0	0	0
Other Current Debt	291 000	179 000	162 000	0
Total Current Debt	1 413 000	627 000	420 000	331 000
Total Equity and Debt	3 635 000	2 200 000	1 538 000	1 304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,66 %	37,12 %	15,64 %	55,08 %
Debt-to-Equity Ratio	0,04	0,05	0,19	0,22
Operating Profit Margin	16,43 %	15,7 %	5,88 %	12,57 %
Current Ratio	2,14	3,11	3,64	3,94
Quick Ratio	2,14	3,11	3,64	3,94
Equity Ratio	0,59	0,68	0,61	0,61
Gross Profit Margin	82,45 %	97,36 %	100 %	99,66 %