ARCTIC SUPPLY SCANDINAVIA AS

6230 SYKKYLVEN

Finances

Return on Equity

36,6 %

Current Ratio

0,75

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 910 000	5 682 000	6 677 000	4 999 000
Net Income	1 279 000	717 000	1 088 000	66 000
Total Assets	13 390 000	13 186 000	13 793 000	13 509 000
Total Equity	3 495 000	3 216 000	2 999 000	2 494 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 910 000	5 682 000	6 677 000	4 999 000
Expenditure	4 214 000	4 595 000	5 132 000	4 732 000
Operating Profit	1 696 000	1 087 000	1 545 000	267 000
Financial Income	26 000	25 000	25 000	18 000
Financial Costs	53 000	47 000	113 000	200 000
Financial Balance	−27 000	−22 000	−88 000	−182 000
Earnings Before Tax	1 668 000	1 065 000	1 457 000	85 000
Tax	390 000	348 000	369 000	19 000
Net Income	1 279 000	717 000	1 088 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 688 000	6 962 000	7 701 000	8 013 000
Total Current Assets	6 702 000	6 223 000	6 092 000	5 495 000
Total Assets	13 390 000	13 186 000	13 793 000	13 509 000
Total Retained Equity	2 163 000	1 884 000	1 667 000	1 162 000
Total Equity	3 495 000	3 216 000	2 999 000	2 494 000
Total Long-Term Debt	1 005 000	1 152 000	1 717 000	2 593 000
Total Current Debt	8 891 000	8 818 000	9 077 000	8 421 000
Total Equity and Debt	13 390 000	13 186 000	13 793 000	13 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 697 000	4 696 000	4 961 000	3 788 000
Other Income	1 213 000	986 000	1 716 000	1 211 000
Revenue	5 910 000	5 682 000	6 677 000	4 999 000
Cost of Goods Sold	346 000	306 000	614 000	113 000
Salary Costs	1 700 000	1 518 000	2 152 000	1 627 000
Depreciation	958 000	1 412 000	1 366 000	1 478 000
Impairment	0	0	0	0
Expenditure	4 214 000	4 595 000	5 132 000	4 732 000
Operating Profit	1 696 000	1 087 000	1 545 000	267 000
Financial Income	26 000	25 000	25 000	18 000
Financial Costs	53 000	47 000	113 000	200 000
Financial Balance	−27 000	−22 000	−88 000	−182 000
Dividends	1 000 000	500 000	500 000	0
Net Income	1 279 000	717 000	1 088 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 398 000	4 745 000	4 959 000	5 045 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 594 000	1 552 000	2 132 000	2 335 000
Total Tangible Assets	6 534 000	6 839 000	7 604 000	7 990 000
Total Fiancial Fixed Assets	154 000	123 000	97 000	23 000
Total Fixed Assets	6 688 000	6 962 000	7 701 000	8 013 000
Stock	79 000	272 000	397 000	315 000
Total Investments	0	0	0	0
Cash, Bank	2 865 000	2 267 000	1 779 000	202 000
Total Current Assets	6 702 000	6 223 000	6 092 000	5 495 000
Total Assets	13 390 000	13 186 000	13 793 000	13 509 000
Total Equity	3 495 000	3 216 000	2 999 000	2 494 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 005 000	1 152 000	1 717 000	2 593 000
Creditors	222 000	324 000	839 000	559 000
Unpaid Taxes	60 000	70 000	41 000	59 000
Dividends	1 000 000	500 000	500 000	0
Other Current Debt	7 219 000	7 576 000	7 335 000	7 655 000
Total Current Debt	8 891 000	8 818 000	9 077 000	8 421 000
Total Equity and Debt	13 390 000	13 186 000	13 793 000	13 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,6 %	22,29 %	36,28 %	2,65 %
Debt-to-Equity Ratio	0,29	0,36	0,57	1,04
Operating Profit Margin	28,7 %	19,13 %	23,14 %	5,34 %
Current Ratio	0,75	0,71	0,67	0,65
Quick Ratio	0,76	0,73	0,7	0,68
Equity Ratio	0,26	0,24	0,22	0,18
Gross Profit Margin	94,15 %	94,61 %	90,8 %	97,74 %