ARCTIC WIND AS

9690 HAVØYSUND

Finances

Share Ownership

Return on Equity

0,85 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 763 000	23 956 000	8 982 000	29 047 000
Net Income	1 547 000	3 982 000	2 298 000	−8 272 000
Total Assets	370 212 000	367 795 000	215 700 000	213 796 000
Total Equity	181 665 000	190 118 000	186 136 000	183 837 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 763 000	23 956 000	8 982 000	29 047 000
Expenditure	31 575 000	13 895 000	19 200 000	36 852 000
Operating Profit	8 187 000	10 061 000	−10 218 000	−7 806 000
Financial Income	763 000	224 000	1 247 000	750 000
Financial Costs	6 967 000	5 180 000	1 389 000	195 000
Financial Balance	−6 204 000	−4 956 000	−142 000	555 000
Earnings Before Tax	1 984 000	5 106 000	−10 360 000	−7 251 000
Tax	436 000	1 123 000	−12 658 000	1 021 000
Net Income	1 547 000	3 982 000	2 298 000	−8 272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	335 338 000	346 116 000	120 143 000	47 423 000
Total Current Assets	34 874 000	21 679 000	95 557 000	166 373 000
Total Assets	370 212 000	367 795 000	215 700 000	213 796 000
Total Retained Equity	0	6 281 000	2 298 000	0
Total Equity	181 665 000	190 118 000	186 136 000	183 837 000
Total Long-Term Debt	168 488 000	149 310 000	21 680 000	23 060 000
Total Current Debt	20 059 000	28 367 000	7 884 000	6 899 000
Total Equity and Debt	370 212 000	367 795 000	215 700 000	213 796 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 763 000	21 722 000	8 982 000	29 047 000
Other Income	0	2 234 000	0	0
Revenue	39 763 000	23 956 000	8 982 000	29 047 000
Cost of Goods Sold	4 266 000	3 816 000	2 480 000	3 774 000
Salary Costs	0	0	0	−9 000
Depreciation	13 429 000	0	3 076 000	5 085 000
Impairment	0	0	0	0
Expenditure	31 575 000	13 895 000	19 200 000	36 852 000
Operating Profit	8 187 000	10 061 000	−10 218 000	−7 806 000
Financial Income	763 000	224 000	1 247 000	750 000
Financial Costs	6 967 000	5 180 000	1 389 000	195 000
Financial Balance	−6 204 000	−4 956 000	−142 000	555 000
Dividends	10 000 000	0	0	0
Net Income	1 547 000	3 982 000	2 298 000	−8 272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 078 000	10 514 000	18 669 000	6 985 000
Real Eastate	321 177 000	331 518 000	97 574 000	38 950 000
Machinery and Plant Facilities	0	0	0	1 465 000
Fixtures	339 000	184 000	0	23 000
Total Tangible Assets	321 516 000	331 702 000	97 574 000	40 438 000
Total Fiancial Fixed Assets	3 744 000	3 900 000	3 900 000	0
Total Fixed Assets	335 338 000	346 116 000	120 143 000	47 423 000
Stock	0	0	250 000	780 000
Total Investments	0	0	0	0
Cash, Bank	28 490 000	12 567 000	91 015 000	149 361 000
Total Current Assets	34 874 000	21 679 000	95 557 000	166 373 000
Total Assets	370 212 000	367 795 000	215 700 000	213 796 000
Total Equity	181 665 000	190 118 000	186 136 000	183 837 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	168 488 000	149 310 000	21 680 000	23 060 000
Creditors	785 000	5 270 000	7 431 000	5 399 000
Unpaid Taxes	2 543 000	0	0	0
Dividends	10 000 000	0	0	0
Other Current Debt	6 730 000	23 097 000	452 000	479 000
Total Current Debt	20 059 000	28 367 000	7 884 000	6 899 000
Total Equity and Debt	370 212 000	367 795 000	215 700 000	213 796 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,85 %	2,09 %	1,23 %	−4,5 %
Debt-to-Equity Ratio	0,93	0,79	0,12	0,13
Operating Profit Margin	20,59 %	42 %	−113,76 %	−26,87 %
Current Ratio	1,74	0,76	12,12	24,12
Quick Ratio	1,74	0,76	12,52	27,19
Equity Ratio	0,49	0,52	0,86	0,86
Gross Profit Margin	89,27 %	84,07 %	72,39 %	87,01 %