ARCTIC DRIFT AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

40,32 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 034 000	15 793 000	14 954 000	15 745 000
Net Income	898 000	989 000	934 000	1 099 000
Total Assets	6 218 000	5 584 000	5 245 000	5 567 000
Total Equity	2 227 000	1 729 000	1 041 000	707 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 034 000	15 793 000	14 954 000	15 745 000
Expenditure	15 853 000	14 493 000	13 706 000	14 273 000
Operating Profit	1 181 000	1 300 000	1 248 000	1 473 000
Financial Income	0	0	0	3 000
Financial Costs	30 000	33 000	51 000	68 000
Financial Balance	−30 000	−33 000	−51 000	−65 000
Earnings Before Tax	1 151 000	1 267 000	1 197 000	1 408 000
Tax	253 000	279 000	263 000	310 000
Net Income	898 000	989 000	934 000	1 099 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 574 000	1 747 000	2 182 000	2 269 000
Total Current Assets	4 644 000	3 837 000	3 063 000	3 298 000
Total Assets	6 218 000	5 584 000	5 245 000	5 567 000
Total Retained Equity	2 118 000	1 620 000	932 000	598 000
Total Equity	2 227 000	1 729 000	1 041 000	707 000
Total Long-Term Debt	370 000	587 000	861 000	1 065 000
Total Current Debt	3 621 000	3 267 000	3 343 000	3 795 000
Total Equity and Debt	6 218 000	5 584 000	5 245 000	5 567 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 034 000	15 793 000	14 907 000	15 734 000
Other Income	0	0	47 000	11 000
Revenue	17 034 000	15 793 000	14 954 000	15 745 000
Cost of Goods Sold	0	0	0	0
Salary Costs	12 242 000	11 200 000	10 318 000	11 255 000
Depreciation	235 000	266 000	309 000	299 000
Impairment	0	0	0	0
Expenditure	15 853 000	14 493 000	13 706 000	14 273 000
Operating Profit	1 181 000	1 300 000	1 248 000	1 473 000
Financial Income	0	0	0	3 000
Financial Costs	30 000	33 000	51 000	68 000
Financial Balance	−30 000	−33 000	−51 000	−65 000
Dividends	400 000	300 000	600 000	0
Net Income	898 000	989 000	934 000	1 099 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	39 000	25 000	33 000
Real Eastate	1 079 000	1 116 000	1 153 000	1 191 000
Machinery and Plant Facilities	165 000	253 000	374 000	349 000
Fixtures	281 000	339 000	629 000	696 000
Total Tangible Assets	1 525 000	1 708 000	2 156 000	2 236 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 574 000	1 747 000	2 182 000	2 269 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 014 000	3 137 000	2 252 000	2 601 000
Total Current Assets	4 644 000	3 837 000	3 063 000	3 298 000
Total Assets	6 218 000	5 584 000	5 245 000	5 567 000
Total Equity	2 227 000	1 729 000	1 041 000	707 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	370 000	587 000	861 000	1 065 000
Creditors	274 000	156 000	163 000	116 000
Unpaid Taxes	1 536 000	1 291 000	1 204 000	1 129 000
Dividends	400 000	300 000	600 000	0
Other Current Debt	1 147 000	1 228 000	1 121 000	1 245 000
Total Current Debt	3 621 000	3 267 000	3 343 000	3 795 000
Total Equity and Debt	6 218 000	5 584 000	5 245 000	5 567 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,32 %	57,2 %	89,72 %	155,45 %
Debt-to-Equity Ratio	0,17	0,34	0,83	1,51
Operating Profit Margin	6,93 %	8,23 %	8,35 %	9,36 %
Current Ratio	1,28	1,17	0,92	0,87
Quick Ratio	1,28	1,17	0,92	0,87
Equity Ratio	0,36	0,31	0,2	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %