ARCTIC-SERVICE AS

9018 TROMSØ

Finances

Share Ownership

Return on Equity

26,29 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 832 000	16 391 000	15 589 000	13 761 000
Net Income	1 596 000	1 187 000	905 000	1 020 000
Total Assets	10 039 000	8 747 000	7 147 000	6 532 000
Total Equity	6 070 000	4 874 000	4 087 000	3 582 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 832 000	16 391 000	15 589 000	13 761 000
Expenditure	14 842 000	14 858 000	14 452 000	12 549 000
Operating Profit	1 991 000	1 533 000	1 136 000	1 212 000
Financial Income	45 000	14 000	29 000	45 000
Financial Costs	3 000	4 000	28 000	10 000
Financial Balance	42 000	10 000	1 000	35 000
Earnings Before Tax	2 033 000	1 543 000	1 137 000	1 246 000
Tax	437 000	355 000	232 000	226 000
Net Income	1 596 000	1 187 000	905 000	1 020 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	123 000	236 000	274 000	419 000
Total Current Assets	9 917 000	8 511 000	6 873 000	6 113 000
Total Assets	10 039 000	8 747 000	7 147 000	6 532 000
Total Retained Equity	5 970 000	4 774 000	3 987 000	3 482 000
Total Equity	6 070 000	4 874 000	4 087 000	3 582 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 969 000	3 873 000	3 060 000	2 950 000
Total Equity and Debt	10 039 000	8 747 000	7 147 000	6 532 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 673 000	16 259 000	15 447 000	13 634 000
Other Income	159 000	132 000	142 000	127 000
Revenue	16 832 000	16 391 000	15 589 000	13 761 000
Cost of Goods Sold	6 881 000	7 536 000	7 979 000	5 920 000
Salary Costs	5 899 000	5 240 000	4 751 000	4 614 000
Depreciation	73 000	92 000	94 000	78 000
Impairment	0	0	0	0
Expenditure	14 842 000	14 858 000	14 452 000	12 549 000
Operating Profit	1 991 000	1 533 000	1 136 000	1 212 000
Financial Income	45 000	14 000	29 000	45 000
Financial Costs	3 000	4 000	28 000	10 000
Financial Balance	42 000	10 000	1 000	35 000
Dividends	400 000	400 000	400 000	0
Net Income	1 596 000	1 187 000	905 000	1 020 000

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	51 000	124 000	216 000	310 000
Total Tangible Assets	51 000	124 000	216 000	310 000
Total Fiancial Fixed Assets	72 000	112 000	58 000	110 000
Total Fixed Assets	123 000	236 000	274 000	419 000
Stock	942 000	844 000	940 000	1 158 000
Total Investments	0	0	0	0
Cash, Bank	5 809 000	4 155 000	4 157 000	2 698 000
Total Current Assets	9 917 000	8 511 000	6 873 000	6 113 000
Total Assets	10 039 000	8 747 000	7 147 000	6 532 000
Total Equity	6 070 000	4 874 000	4 087 000	3 582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 003 000	849 000	1 012 000	1 301 000
Unpaid Taxes	1 029 000	1 043 000	566 000	566 000
Dividends	400 000	400 000	400 000	0
Other Current Debt	1 100 000	1 225 000	850 000	857 000
Total Current Debt	3 969 000	3 873 000	3 060 000	2 950 000
Total Equity and Debt	10 039 000	8 747 000	7 147 000	6 532 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,29 %	24,35 %	22,14 %	28,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,83 %	9,35 %	7,29 %	8,81 %
Current Ratio	2,5	2,2	2,25	2,07
Quick Ratio	3,28	2,81	3,24	3,41
Equity Ratio	0,6	0,56	0,57	0,55
Gross Profit Margin	59,12 %	54,02 %	48,82 %	56,98 %