ARCTIC FRITID AS

9350 SJØVEGAN

Finances

Share Ownership

Return on Equity

23,23 %

Current Ratio

3,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 760 000	1 750 000	1 763 000	203 000
Net Income	115 000	149 000	195 000	12 000
Total Assets	694 000	589 000	442 000	111 000
Total Equity	495 000	380 000	232 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 760 000	1 750 000	1 763 000	203 000
Expenditure	1 607 000	1 555 000	1 506 000	187 000
Operating Profit	152 000	196 000	257 000	16 000
Financial Income	0	1 000	0	0
Financial Costs	5 000	7 000	8 000	0
Financial Balance	−5 000	−6 000	−8 000	0
Earnings Before Tax	147 000	189 000	250 000	16 000
Tax	32 000	40 000	55 000	3 000
Net Income	115 000	149 000	195 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	694 000	589 000	442 000	111 000
Total Assets	694 000	589 000	442 000	111 000
Total Retained Equity	465 000	356 000	207 000	12 000
Total Equity	495 000	380 000	232 000	37 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	199 000	209 000	211 000	74 000
Total Equity and Debt	694 000	589 000	442 000	111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 760 000	1 750 000	1 763 000	203 000
Other Income	0	0	0	0
Revenue	1 760 000	1 750 000	1 763 000	203 000
Cost of Goods Sold	1 126 000	1 082 000	1 058 000	146 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 607 000	1 555 000	1 506 000	187 000
Operating Profit	152 000	196 000	257 000	16 000
Financial Income	0	1 000	0	0
Financial Costs	5 000	7 000	8 000	0
Financial Balance	−5 000	−6 000	−8 000	0
Dividends	0	0	0	0
Net Income	115 000	149 000	195 000	12 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	655 000	535 000	410 000	55 000
Total Investments	0	0	0	0
Cash, Bank	39 000	55 000	33 000	56 000
Total Current Assets	694 000	589 000	442 000	111 000
Total Assets	694 000	589 000	442 000	111 000
Total Equity	495 000	380 000	232 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	118 000	132 000	144 000	73 000
Unpaid Taxes	19 000	6 000	11 000	−2 000
Dividends	0	0	0	0
Other Current Debt	30 000	30 000	0	0
Total Current Debt	199 000	209 000	211 000	74 000
Total Equity and Debt	694 000	589 000	442 000	111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,23 %	39,21 %	84,05 %	32,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,64 %	11,2 %	14,58 %	7,88 %
Current Ratio	3,49	2,82	2,09	1,5
Quick Ratio	−1,52	−1,81	−2,22	5,84
Equity Ratio	0,71	0,65	0,52	0,33
Gross Profit Margin	36,02 %	38,17 %	39,99 %	28,08 %