ARCTICZYMES TECHNOLOGIES ASA

9019 TROMSØ

Finances

Return on Equity

11,54 %

Current Ratio

11,24

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 665 000	131 048 000	97 823 000	84 395 000
Net Income	32 860 000	46 382 000	75 552 000	−5 926 000
Total Assets	319 037 000	284 111 000	221 912 000	77 608 000
Total Equity	284 736 000	244 845 000	196 331 000	46 476 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 665 000	131 048 000	97 823 000	84 395 000
Expenditure	101 386 000	75 608 000	55 030 000	90 151 000
Operating Profit	36 475 000	58 433 000	42 793 000	−5 756 000
Financial Income	6 352 000	1 545 000	349 000	641 000
Financial Costs	684 000	975 000	733 000	811 000
Financial Balance	5 668 000	570 000	−384 000	−170 000
Earnings Before Tax	42 143 000	59 003 000	42 409 000	−5 926 000
Tax	9 283 000	12 621 000	−33 143 000	0
Net Income	32 860 000	46 382 000	75 552 000	−5 926 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 792 000	50 692 000	47 140 000	19 018 000
Total Current Assets	269 246 000	233 419 000	174 772 000	58 590 000
Total Assets	319 037 000	284 111 000	221 912 000	77 608 000
Total Retained Equity	−27 491 000	−65 782 000	−5 009 000	−154 234 000
Total Equity	284 736 000	244 845 000	196 331 000	46 476 000
Total Long-Term Debt	10 348 000	14 472 000	9 595 000	12 764 000
Total Current Debt	23 953 000	24 794 000	15 986 000	18 368 000
Total Equity and Debt	319 037 000	284 111 000	221 912 000	77 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	136 971 000	127 970 000	93 449 000	77 247 000
Other Income	694 000	3 078 000	4 374 000	7 148 000
Revenue	137 665 000	131 048 000	97 823 000	84 395 000
Cost of Goods Sold	5 376 000	6 878 000	1 131 000	18 900 000
Salary Costs	59 185 000	46 781 000	34 564 000	44 388 000
Depreciation	5 021 000	3 191 000	2 639 000	5 083 000
Impairment	0	0	0	0
Expenditure	101 386 000	75 608 000	55 030 000	90 151 000
Operating Profit	36 475 000	58 433 000	42 793 000	−5 756 000
Financial Income	6 352 000	1 545 000	349 000	641 000
Financial Costs	684 000	975 000	733 000	811 000
Financial Balance	5 668 000	570 000	−384 000	−170 000
Dividends	0	0	0	0
Net Income	32 860 000	46 382 000	75 552 000	−5 926 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 475 000	22 311 000	33 563 000	674 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	15 444 000	12 302 000	3 057 000	3 875 000
Fixtures	0	0	0	0
Total Tangible Assets	15 444 000	12 302 000	3 057 000	3 875 000
Total Fiancial Fixed Assets	13 873 000	16 079 000	10 520 000	14 469 000
Total Fixed Assets	49 792 000	50 692 000	47 140 000	19 018 000
Stock	7 078 000	6 882 000	3 889 000	5 298 000
Total Investments	0	0	0	0
Cash, Bank	244 161 000	200 424 000	140 178 000	31 289 000
Total Current Assets	269 246 000	233 419 000	174 772 000	58 590 000
Total Assets	319 037 000	284 111 000	221 912 000	77 608 000
Total Equity	284 736 000	244 845 000	196 331 000	46 476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 348 000	14 472 000	9 595 000	12 764 000
Creditors	5 592 000	5 795 000	3 456 000	3 960 000
Unpaid Taxes	0	0	1 301 000	1 670 000
Dividends	0	0	0	0
Other Current Debt	18 360 000	18 999 000	10 070 000	12 738 000
Total Current Debt	23 953 000	24 794 000	15 986 000	18 368 000
Total Equity and Debt	319 037 000	284 111 000	221 912 000	77 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,54 %	18,94 %	38,48 %	−12,75 %
Debt-to-Equity Ratio	0,04	0,06	0,05	0,27
Operating Profit Margin	26,5 %	44,59 %	43,75 %	−6,82 %
Current Ratio	11,24	9,41	10,93	3,19
Quick Ratio	15,96	13,03	14,45	4,48
Equity Ratio	0,89	0,86	0,88	0,6
Gross Profit Margin	96,09 %	94,75 %	98,84 %	77,61 %