ARCTICGRIPS AS

7028 TRONDHEIM

Finances

Share Ownership

Return on Equity

3,67 %

Current Ratio

6,88

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020
Revenue	1 676 000	1 034 000	157 000
Net Income	46 000	164 000	18 000
Total Assets	1 452 000	1 373 000	68 000
Total Equity	1 252 000	1 206 000	42 000

Income (NOK)	2022	2021	2020
Revenue	1 676 000	1 034 000	157 000
Expenditure	1 550 000	1 297 000	137 000
Operating Profit	126 000	210 000	20 000
Financial Income	3 000	12 000	2 000
Financial Costs	70 000	11 000	1 000
Financial Balance	−67 000	1 000	1 000
Earnings Before Tax	59 000	211 000	21 000
Tax	13 000	47 000	3 000
Net Income	46 000	164 000	18 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	482 000	489 000	0
Total Current Assets	970 000	884 000	68 000
Total Assets	1 452 000	1 373 000	68 000
Total Retained Equity	228 000	182 000	18 000
Total Equity	1 252 000	1 206 000	42 000
Total Long-Term Debt	59 000	1 000	0
Total Current Debt	141 000	166 000	25 000
Total Equity and Debt	1 452 000	1 373 000	68 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 734 000	931 000	157 000
Other Income	−59 000	103 000	0
Revenue	1 676 000	1 034 000	157 000
Cost of Goods Sold	960 000	942 000	106 000
Salary Costs	42 000	3 000	0
Depreciation	7 000	4 000	0
Impairment	0	0	0
Expenditure	1 550 000	1 297 000	137 000
Operating Profit	126 000	210 000	20 000
Financial Income	3 000	12 000	2 000
Financial Costs	70 000	11 000	1 000
Financial Balance	−67 000	1 000	1 000
Dividends	0	0	0
Net Income	46 000	164 000	18 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	473 000	473 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	9 000	16 000	0
Total Tangible Assets	9 000	16 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	482 000	489 000	0
Stock	393 000	0	0
Total Investments	0	0	0
Cash, Bank	141 000	700 000	51 000
Total Current Assets	970 000	884 000	68 000
Total Assets	1 452 000	1 373 000	68 000
Total Equity	1 252 000	1 206 000	42 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	59 000	1 000	0
Creditors	64 000	27 000	5 000
Unpaid Taxes	55 000	93 000	16 000
Dividends	0	0	0
Other Current Debt	13 000	0	1 000
Total Current Debt	141 000	166 000	25 000
Total Equity and Debt	1 452 000	1 373 000	68 000

Financial indicators	2022	2021	2020
Return on Equity	3,67 %	13,6 %	42,86 %
Debt-to-Equity Ratio	0,05	0	0
Operating Profit Margin	7,52 %	20,31 %	12,74 %
Current Ratio	6,88	5,33	2,72
Quick Ratio	−3,85	5,33	2,72
Equity Ratio	0,86	0,88	0,62
Gross Profit Margin	42,72 %	8,9 %	32,48 %