SELFA ARCTIC AS

9430 SANDTORG

Finances

Share Ownership

Return on Equity

−2,76 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 999 000	59 141 000	66 807 000	52 192 000
Net Income	−302 000	−132 000	4 967 000	−2 790 000
Total Assets	51 428 000	41 258 000	38 126 000	32 611 000
Total Equity	10 924 000	11 226 000	11 358 000	10 388 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 999 000	59 141 000	66 807 000	52 192 000
Expenditure	59 144 000	59 179 000	59 742 000	55 447 000
Operating Profit	−144 000	−38 000	7 065 000	−3 254 000
Financial Income	269 000	209 000	123 000	108 000
Financial Costs	512 000	337 000	817 000	529 000
Financial Balance	−243 000	−128 000	−694 000	−421 000
Earnings Before Tax	−388 000	−167 000	6 371 000	−3 676 000
Tax	−86 000	−35 000	1 404 000	−886 000
Net Income	−302 000	−132 000	4 967 000	−2 790 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 599 000	5 739 000	7 186 000	11 031 000
Total Current Assets	43 830 000	35 520 000	30 941 000	21 579 000
Total Assets	51 428 000	41 258 000	38 126 000	32 611 000
Total Retained Equity	−1 240 000	839 000	971 000	0
Total Equity	10 924 000	11 226 000	11 358 000	10 388 000
Total Long-Term Debt	5 725 000	5 373 000	6 284 000	6 715 000
Total Current Debt	34 779 000	24 659 000	20 484 000	15 508 000
Total Equity and Debt	51 428 000	41 258 000	38 126 000	32 611 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 076 000	57 309 000	56 116 000	47 944 000
Other Income	3 923 000	1 832 000	10 690 000	4 248 000
Revenue	58 999 000	59 141 000	66 807 000	52 192 000
Cost of Goods Sold	24 882 000	24 742 000	23 960 000	18 851 000
Salary Costs	22 577 000	22 153 000	23 663 000	22 825 000
Depreciation	1 386 000	1 532 000	1 885 000	1 997 000
Impairment	0	0	0	0
Expenditure	59 144 000	59 179 000	59 742 000	55 447 000
Operating Profit	−144 000	−38 000	7 065 000	−3 254 000
Financial Income	269 000	209 000	123 000	108 000
Financial Costs	512 000	337 000	817 000	529 000
Financial Balance	−243 000	−128 000	−694 000	−421 000
Dividends	0	0	0	0
Net Income	−302 000	−132 000	4 967 000	−2 790 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 875 000	0	0	3 060 000
Real Eastate	2 396 000	2 827 000	3 354 000	4 128 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 576 000	2 025 000	2 802 000	2 671 000
Total Tangible Assets	4 342 000	5 357 000	6 804 000	7 590 000
Total Fiancial Fixed Assets	382 000	382 000	382 000	382 000
Total Fixed Assets	7 599 000	5 739 000	7 186 000	11 031 000
Stock	5 029 000	5 126 000	4 849 000	4 050 000
Total Investments	0	0	0	0
Cash, Bank	739 000	729 000	780 000	806 000
Total Current Assets	43 830 000	35 520 000	30 941 000	21 579 000
Total Assets	51 428 000	41 258 000	38 126 000	32 611 000
Total Equity	10 924 000	11 226 000	11 358 000	10 388 000
Short-Term Group Debt	902 000	1 000 000	2 961 000	0
Total Long-Term Debt	5 725 000	5 373 000	6 284 000	6 715 000
Creditors	11 752 000	7 241 000	10 798 000	7 598 000
Unpaid Taxes	1 480 000	1 205 000	1 308 000	1 723 000
Dividends	0	0	0	0
Other Current Debt	17 946 000	12 947 000	2 911 000	4 050 000
Total Current Debt	34 779 000	24 659 000	20 484 000	15 508 000
Total Equity and Debt	51 428 000	41 258 000	38 126 000	32 611 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,76 %	−1,18 %	43,73 %	−26,86 %
Debt-to-Equity Ratio	0,52	0,48	0,55	0,65
Operating Profit Margin	−0,24 %	−0,06 %	10,58 %	−6,23 %
Current Ratio	1,26	1,44	1,51	1,39
Quick Ratio	1,47	1,82	1,98	1,88
Equity Ratio	0,21	0,27	0,3	0,32
Gross Profit Margin	57,83 %	58,16 %	64,14 %	63,88 %