TOPAZ ARCTIC SHOES AS

3830 ULEFOSS

Finances

Share Ownership

Return on Equity

12,37 %

Current Ratio

2,87

Debt-to-Equity Ratio

1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 781 000	16 283 000	7 763 000	11 570 000
Net Income	521 000	1 930 000	152 000	−790 000
Total Assets	12 092 000	10 386 000	10 010 000	9 747 000
Total Equity	4 213 000	4 392 000	2 462 000	2 310 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 781 000	16 283 000	7 763 000	11 570 000
Expenditure	12 642 000	12 560 000	7 066 000	13 895 000
Operating Profit	1 138 000	2 850 000	484 000	−651 000
Financial Income	2 000	14 000	205 000	107 000
Financial Costs	472 000	390 000	494 000	469 000
Financial Balance	−470 000	−376 000	−289 000	−362 000
Earnings Before Tax	668 000	2 474 000	195 000	−1 012 000
Tax	147 000	544 000	43 000	−223 000
Net Income	521 000	1 930 000	152 000	−790 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 141 000	2 360 000	2 629 000	2 342 000
Total Current Assets	9 951 000	8 026 000	7 381 000	7 405 000
Total Assets	12 092 000	10 386 000	10 010 000	9 747 000
Total Retained Equity	4 062 000	4 241 000	2 311 000	2 159 000
Total Equity	4 213 000	4 392 000	2 462 000	2 310 000
Total Long-Term Debt	4 417 000	4 107 000	4 508 000	4 881 000
Total Current Debt	3 462 000	1 887 000	3 039 000	2 556 000
Total Equity and Debt	12 092 000	10 386 000	10 010 000	9 747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 737 000	16 253 000	7 719 000	11 415 000
Other Income	44 000	30 000	44 000	154 000
Revenue	11 781 000	16 283 000	7 763 000	11 570 000
Cost of Goods Sold	8 769 000	8 569 000	3 957 000	9 157 000
Salary Costs	1 877 000	1 858 000	1 456 000	2 338 000
Depreciation	219 000	256 000	240 000	211 000
Impairment	0	0	0	0
Expenditure	12 642 000	12 560 000	7 066 000	13 895 000
Operating Profit	1 138 000	2 850 000	484 000	−651 000
Financial Income	2 000	14 000	205 000	107 000
Financial Costs	472 000	390 000	494 000	469 000
Financial Balance	−470 000	−376 000	−289 000	−362 000
Dividends	400 000	0	0	0
Net Income	521 000	1 930 000	152 000	−790 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	57 000	287 000	407 000
Real Eastate	1 103 000	1 178 000	1 254 000	1 334 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 036 000	1 125 000	1 072 000	570 000
Total Tangible Assets	2 139 000	2 303 000	2 326 000	1 903 000
Total Fiancial Fixed Assets	0	0	16 000	32 000
Total Fixed Assets	2 141 000	2 360 000	2 629 000	2 342 000
Stock	7 991 000	5 490 000	6 038 000	5 791 000
Total Investments	0	0	0	0
Cash, Bank	159 000	732 000	91 000	103 000
Total Current Assets	9 951 000	8 026 000	7 381 000	7 405 000
Total Assets	12 092 000	10 386 000	10 010 000	9 747 000
Total Equity	4 213 000	4 392 000	2 462 000	2 310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 417 000	4 107 000	4 508 000	4 881 000
Creditors	590 000	290 000	121 000	163 000
Unpaid Taxes	641 000	910 000	633 000	682 000
Dividends	400 000	0	0	0
Other Current Debt	771 000	411 000	361 000	439 000
Total Current Debt	3 462 000	1 887 000	3 039 000	2 556 000
Total Equity and Debt	12 092 000	10 386 000	10 010 000	9 747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,37 %	43,94 %	6,17 %	−34,2 %
Debt-to-Equity Ratio	1,05	0,94	1,83	2,11
Operating Profit Margin	9,66 %	17,5 %	6,23 %	−5,63 %
Current Ratio	2,87	4,25	2,43	2,9
Quick Ratio	−2,2	−2,23	−2,46	−2,29
Equity Ratio	0,35	0,42	0,25	0,24
Gross Profit Margin	25,57 %	47,37 %	49,03 %	20,86 %