ARCTIC GRUPPEN HOLDING AS

2040 KLØFTA

Finances

Return on Equity

47,35 %

Current Ratio

1,14

Debt-to-Equity Ratio

4,16

Key figures (NOK)	2022	2021	2020
Revenue	119 119 000	100 874 000	0
Net Income	2 808 000	528 000	946 000
Total Assets	64 602 000	54 466 000	9 320 000
Total Equity	5 930 000	3 532 000	967 000

Income (NOK)	2022	2021	2020
Revenue	119 119 000	100 874 000	0
Expenditure	113 629 000	98 986 000	139 000
Operating Profit	5 490 000	1 889 000	−139 000
Financial Income	145 000	61 000	1 200 000
Financial Costs	2 029 000	1 346 000	115 000
Financial Balance	−1 884 000	−1 285 000	1 085 000
Earnings Before Tax	3 606 000	604 000	946 000
Tax	798 000	77 000	0
Net Income	2 808 000	528 000	946 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	25 893 000	20 222 000	8 104 000
Total Current Assets	38 709 000	34 243 000	1 216 000
Total Assets	64 602 000	54 466 000	9 320 000
Total Retained Equity	5 906 000	3 507 000	943 000
Total Equity	5 930 000	3 532 000	967 000
Total Long-Term Debt	24 646 000	20 594 000	8 310 000
Total Current Debt	34 025 000	30 340 000	43 000
Total Equity and Debt	64 602 000	54 466 000	9 320 000

Cash flow (NOK)	2022	2021	2020
Sales Income	119 105 000	100 326 000	0
Other Income	15 000	548 000	0
Revenue	119 119 000	100 874 000	0
Cost of Goods Sold	53 888 000	51 236 000	0
Salary Costs	36 769 000	29 902 000	0
Depreciation	7 240 000	4 431 000	22 000
Impairment	0	0	0
Expenditure	113 629 000	98 986 000	139 000
Operating Profit	5 490 000	1 889 000	−139 000
Financial Income	145 000	61 000	1 200 000
Financial Costs	2 029 000	1 346 000	115 000
Financial Balance	−1 884 000	−1 285 000	1 085 000
Dividends	0	0	0
Net Income	2 808 000	528 000	946 000

Balance details (NOK)	2022	2021	2020
Goodwill	−188 000	−258 000	0
Total Intangible Assets	1 870 000	1 375 000	0
Real Eastate	5 016 000	5 016 000	5 016 000
Machinery and Plant Facilities	1 594 000	1 153 000	0
Fixtures	17 318 000	12 487 000	88 000
Total Tangible Assets	23 928 000	18 657 000	5 104 000
Total Fiancial Fixed Assets	95 000	191 000	3 000 000
Total Fixed Assets	25 893 000	20 222 000	8 104 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	936 000	6 778 000	15 000
Total Current Assets	38 709 000	34 243 000	1 216 000
Total Assets	64 602 000	54 466 000	9 320 000
Total Equity	5 930 000	3 532 000	967 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	24 646 000	20 594 000	8 310 000
Creditors	6 090 000	5 704 000	4 000
Unpaid Taxes	7 559 000	6 514 000	0
Dividends	0	0	0
Other Current Debt	19 291 000	18 034 000	39 000
Total Current Debt	34 025 000	30 340 000	43 000
Total Equity and Debt	64 602 000	54 466 000	9 320 000

Financial indicators	2022	2021	2020
Return on Equity	47,35 %	14,95 %	97,83 %
Debt-to-Equity Ratio	4,16	5,83	8,59
Operating Profit Margin	4,61 %	1,87 %	-
Current Ratio	1,14	1,13	28,28
Quick Ratio	1,14	1,13	28,28
Equity Ratio	0,09	0,06	0,1
Gross Profit Margin	54,76 %	49,21 %	-