SKINNBODEN ARCTIC PRODUCTS AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

18,22 %

Current Ratio

6,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 946 000	5 280 000	5 217 000	9 379 000
Net Income	1 021 000	551 000	533 000	274 000
Total Assets	6 556 000	5 915 000	5 224 000	4 918 000
Total Equity	5 604 000	4 582 000	4 532 000	3 998 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 946 000	5 280 000	5 217 000	9 379 000
Expenditure	6 906 000	4 651 000	4 681 000	8 954 000
Operating Profit	1 040 000	630 000	536 000	425 000
Financial Income	187 000	58 000	60 000	49 000
Financial Costs	35 000	25 000	40 000	30 000
Financial Balance	152 000	33 000	20 000	19 000
Earnings Before Tax	1 192 000	662 000	555 000	444 000
Tax	170 000	111 000	22 000	170 000
Net Income	1 021 000	551 000	533 000	274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	50 000	57 000	102 000
Total Current Assets	6 506 000	5 865 000	5 167 000	4 816 000
Total Assets	6 556 000	5 915 000	5 224 000	4 918 000
Total Retained Equity	5 502 000	4 480 000	4 430 000	3 896 000
Total Equity	5 604 000	4 582 000	4 532 000	3 998 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	952 000	1 333 000	692 000	919 000
Total Equity and Debt	6 556 000	5 915 000	5 224 000	4 918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 942 000	5 274 000	5 020 000	9 379 000
Other Income	4 000	6 000	197 000	0
Revenue	7 946 000	5 280 000	5 217 000	9 379 000
Cost of Goods Sold	4 188 000	2 501 000	2 494 000	5 407 000
Salary Costs	1 394 000	991 000	1 148 000	1 808 000
Depreciation	0	7 000	10 000	10 000
Impairment	0	0	35 000	0
Expenditure	6 906 000	4 651 000	4 681 000	8 954 000
Operating Profit	1 040 000	630 000	536 000	425 000
Financial Income	187 000	58 000	60 000	49 000
Financial Costs	35 000	25 000	40 000	30 000
Financial Balance	152 000	33 000	20 000	19 000
Dividends	0	500 000	0	0
Net Income	1 021 000	551 000	533 000	274 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	50 000	50 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	7 000	17 000
Total Tangible Assets	0	0	7 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	50 000	57 000	102 000
Stock	2 197 000	2 353 000	2 644 000	2 541 000
Total Investments	0	0	0	0
Cash, Bank	486 000	2 307 000	1 437 000	1 483 000
Total Current Assets	6 506 000	5 865 000	5 167 000	4 816 000
Total Assets	6 556 000	5 915 000	5 224 000	4 918 000
Total Equity	5 604 000	4 582 000	4 532 000	3 998 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	149 000	152 000	86 000	210 000
Unpaid Taxes	30 000	25 000	42 000	41 000
Dividends	0	500 000	0	0
Other Current Debt	602 000	1 045 000	543 000	499 000
Total Current Debt	952 000	1 333 000	692 000	919 000
Total Equity and Debt	6 556 000	5 915 000	5 224 000	4 918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,22 %	12,03 %	11,76 %	6,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,09 %	11,93 %	10,27 %	4,53 %
Current Ratio	6,83	4,4	7,47	5,24
Quick Ratio	−5,23	−5,75	−2,65	−2,97
Equity Ratio	0,85	0,77	0,87	0,81
Gross Profit Margin	47,29 %	52,63 %	52,19 %	42,35 %