ATLANTIC FINANCE AS

1870 ØRJE

Finances

Return on Equity

7,06 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 890 000	2 258 000	4 244 000	3 377 000
Net Income	579 000	2 548 000	2 028 000	1 958 000
Total Assets	15 574 000	15 853 000	18 100 000	18 647 000
Total Equity	8 200 000	7 621 000	10 074 000	11 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 890 000	2 258 000	4 244 000	3 377 000
Expenditure	1 534 000	971 000	2 648 000	1 508 000
Operating Profit	358 000	1 286 000	1 595 000	1 870 000
Financial Income	620 000	1 415 000	636 000	335 000
Financial Costs	399 000	154 000	204 000	246 000
Financial Balance	221 000	1 261 000	432 000	89 000
Earnings Before Tax	579 000	2 548 000	2 028 000	1 958 000
Tax	0	0	0	0
Net Income	579 000	2 548 000	2 028 000	1 958 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 445 000	13 449 000	14 031 000	13 390 000
Total Current Assets	2 129 000	2 404 000	4 069 000	5 257 000
Total Assets	15 574 000	15 853 000	18 100 000	18 647 000
Total Retained Equity	8 100 000	7 521 000	9 974 000	11 446 000
Total Equity	8 200 000	7 621 000	10 074 000	11 546 000
Total Long-Term Debt	5 718 000	4 573 000	4 799 000	4 883 000
Total Current Debt	1 656 000	3 660 000	3 227 000	2 219 000
Total Equity and Debt	15 574 000	15 853 000	18 100 000	18 647 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 320 000	1 707 000	2 582 000	1 170 000
Other Income	571 000	551 000	1 661 000	2 208 000
Revenue	1 890 000	2 258 000	4 244 000	3 377 000
Cost of Goods Sold	2 000	0	1 253 000	418 000
Salary Costs	36 000	43 000	93 000	119 000
Depreciation	25 000	20 000	61 000	25 000
Impairment	0	0	0	0
Expenditure	1 534 000	971 000	2 648 000	1 508 000
Operating Profit	358 000	1 286 000	1 595 000	1 870 000
Financial Income	620 000	1 415 000	636 000	335 000
Financial Costs	399 000	154 000	204 000	246 000
Financial Balance	221 000	1 261 000	432 000	89 000
Dividends	0	5 000 000	1 000 000	2 000 000
Net Income	579 000	2 548 000	2 028 000	1 958 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 617 000	10 617 000	10 617 000	13 158 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 713 000	1 717 000	1 737 000	69 000
Total Tangible Assets	12 330 000	12 334 000	12 354 000	13 227 000
Total Fiancial Fixed Assets	1 115 000	1 115 000	1 677 000	163 000
Total Fixed Assets	13 445 000	13 449 000	14 031 000	13 390 000
Stock	0	0	0	1 250 000
Total Investments	183 000	158 000	133 000	22 000
Cash, Bank	904 000	1 082 000	2 985 000	2 345 000
Total Current Assets	2 129 000	2 404 000	4 069 000	5 257 000
Total Assets	15 574 000	15 853 000	18 100 000	18 647 000
Total Equity	8 200 000	7 621 000	10 074 000	11 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 718 000	4 573 000	4 799 000	4 883 000
Creditors	363 000	25 000	52 000	40 000
Unpaid Taxes	104 000	195 000	129 000	102 000
Dividends	0	5 000 000	1 000 000	2 000 000
Other Current Debt	1 189 000	2 440 000	2 046 000	76 000
Total Current Debt	1 656 000	3 660 000	3 227 000	2 219 000
Total Equity and Debt	15 574 000	15 853 000	18 100 000	18 647 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,06 %	33,43 %	20,13 %	16,96 %
Debt-to-Equity Ratio	0,7	0,6	0,48	0,42
Operating Profit Margin	18,94 %	56,95 %	37,58 %	55,37 %
Current Ratio	1,29	0,66	1,26	2,37
Quick Ratio	1,29	0,66	1,26	5,43
Equity Ratio	0,53	0,48	0,56	0,62
Gross Profit Margin	99,89 %	100 %	70,48 %	87,62 %