ARCTIC EIENDOM AS

8450 STOKMARKNES

Finances

Return on Equity

20,17 %

Current Ratio

7,96

Debt-to-Equity Ratio

1,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	686 000	683 000	682 000	680 000
Net Income	537 000	338 000	6 473 000	1 000
Total Assets	8 176 000	9 159 000	14 402 000	7 201 000
Total Equity	2 663 000	2 126 000	6 588 000	2 115 000

Income (NOK)	2022	2021	2020	2019
Revenue	686 000	683 000	682 000	680 000
Expenditure	317 000	290 000	268 000	258 000
Operating Profit	369 000	394 000	414 000	422 000
Financial Income	1 044 000	77 000	7 005 000	20 000
Financial Costs	810 000	37 000	960 000	440 000
Financial Balance	234 000	40 000	6 045 000	−420 000
Earnings Before Tax	603 000	434 000	6 459 000	2 000
Tax	66 000	95 000	−14 000	0
Net Income	537 000	338 000	6 473 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 906 000	6 560 000	6 716 000	6 872 000
Total Current Assets	2 270 000	2 599 000	7 686 000	329 000
Total Assets	8 176 000	9 159 000	14 402 000	7 201 000
Total Retained Equity	2 061 000	1 524 000	5 986 000	1 513 000
Total Equity	2 663 000	2 126 000	6 588 000	2 115 000
Total Long-Term Debt	5 228 000	1 567 000	5 652 000	4 909 000
Total Current Debt	285 000	5 466 000	2 163 000	178 000
Total Equity and Debt	8 176 000	9 159 000	14 402 000	7 201 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	686 000	683 000	682 000	680 000
Revenue	686 000	683 000	682 000	680 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	170 000	170 000	170 000	170 000
Impairment	0	0	0	0
Expenditure	317 000	290 000	268 000	258 000
Operating Profit	369 000	394 000	414 000	422 000
Financial Income	1 044 000	77 000	7 005 000	20 000
Financial Costs	810 000	37 000	960 000	440 000
Financial Balance	234 000	40 000	6 045 000	−420 000
Dividends	0	4 800 000	2 000 000	0
Net Income	537 000	338 000	6 473 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	79 000	65 000	51 000
Real Eastate	2 565 000	2 724 000	2 883 000	3 042 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	179 000	190 000	200 000	211 000
Total Tangible Assets	2 744 000	2 914 000	3 083 000	3 253 000
Total Fiancial Fixed Assets	3 068 000	3 568 000	3 568 000	3 568 000
Total Fixed Assets	5 906 000	6 560 000	6 716 000	6 872 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	146 000	244 000	615 000	329 000
Total Current Assets	2 270 000	2 599 000	7 686 000	329 000
Total Assets	8 176 000	9 159 000	14 402 000	7 201 000
Total Equity	2 663 000	2 126 000	6 588 000	2 115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 228 000	1 567 000	5 652 000	4 909 000
Creditors	31 000	0	1 000	0
Unpaid Taxes	147 000	152 000	158 000	159 000
Dividends	0	4 800 000	2 000 000	0
Other Current Debt	27 000	5 204 000	4 000	5 000
Total Current Debt	285 000	5 466 000	2 163 000	178 000
Total Equity and Debt	8 176 000	9 159 000	14 402 000	7 201 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,17 %	15,9 %	98,25 %	0,05 %
Debt-to-Equity Ratio	1,96	0,74	0,86	2,32
Operating Profit Margin	53,79 %	57,69 %	60,7 %	62,06 %
Current Ratio	7,96	0,48	3,55	1,85
Quick Ratio	7,96	0,48	3,55	1,85
Equity Ratio	0,33	0,23	0,46	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %