ARCTIC TRUCKS NORGE AS

3058 SOLBERGMOEN

Finances

Return on Equity

44,85 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 877 000	128 164 000	59 505 000	72 131 000
Net Income	9 786 000	19 751 000	−698 000	1 195 000
Total Assets	47 322 000	46 520 000	28 985 000	29 833 000
Total Equity	21 818 000	18 695 000	6 266 000	6 964 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 877 000	128 164 000	59 505 000	72 131 000
Expenditure	93 580 000	102 772 000	60 282 000	69 882 000
Operating Profit	12 297 000	25 392 000	−776 000	2 249 000
Financial Income	158 000	146 000	31 000	276 000
Financial Costs	−102 000	211 000	176 000	1 019 000
Financial Balance	260 000	−65 000	−145 000	−743 000
Earnings Before Tax	12 557 000	25 327 000	−921 000	1 507 000
Tax	2 771 000	5 576 000	−223 000	312 000
Net Income	9 786 000	19 751 000	−698 000	1 195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 094 000	3 368 000	5 252 000	6 810 000
Total Current Assets	42 228 000	43 152 000	23 733 000	23 024 000
Total Assets	47 322 000	46 520 000	28 985 000	29 833 000
Total Retained Equity	17 860 000	14 737 000	2 257 000	2 955 000
Total Equity	21 818 000	18 695 000	6 266 000	6 964 000
Total Long-Term Debt	5 385 000	5 012 000	1 937 000	12 439 000
Total Current Debt	20 119 000	22 812 000	20 782 000	10 430 000
Total Equity and Debt	47 322 000	46 520 000	28 985 000	29 833 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	105 559 000	128 164 000	59 269 000	72 131 000
Other Income	317 000	0	236 000	0
Revenue	105 877 000	128 164 000	59 505 000	72 131 000
Cost of Goods Sold	52 892 000	62 433 000	31 122 000	38 024 000
Salary Costs	23 631 000	19 222 000	15 456 000	18 361 000
Depreciation	567 000	1 322 000	1 756 000	1 729 000
Impairment	0	0	0	0
Expenditure	93 580 000	102 772 000	60 282 000	69 882 000
Operating Profit	12 297 000	25 392 000	−776 000	2 249 000
Financial Income	158 000	146 000	31 000	276 000
Financial Costs	−102 000	211 000	176 000	1 019 000
Financial Balance	260 000	−65 000	−145 000	−743 000
Dividends	6 500 000	6 500 000	0	0
Net Income	9 786 000	19 751 000	−698 000	1 195 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 558 000	777 000	3 282 000	3 754 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 511 000	2 591 000	1 970 000	3 056 000
Total Tangible Assets	2 511 000	2 591 000	1 970 000	3 056 000
Total Fiancial Fixed Assets	25 000	0	0	0
Total Fixed Assets	5 094 000	3 368 000	5 252 000	6 810 000
Stock	21 462 000	18 670 000	15 661 000	9 606 000
Total Investments	0	0	0	0
Cash, Bank	9 380 000	11 617 000	936 000	2 704 000
Total Current Assets	42 228 000	43 152 000	23 733 000	23 024 000
Total Assets	47 322 000	46 520 000	28 985 000	29 833 000
Total Equity	21 818 000	18 695 000	6 266 000	6 964 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 385 000	5 012 000	1 937 000	12 439 000
Creditors	3 331 000	4 593 000	7 456 000	2 720 000
Unpaid Taxes	4 569 000	3 793 000	2 261 000	3 533 000
Dividends	6 500 000	6 500 000	0	0
Other Current Debt	3 137 000	4 408 000	2 626 000	4 177 000
Total Current Debt	20 119 000	22 812 000	20 782 000	10 430 000
Total Equity and Debt	47 322 000	46 520 000	28 985 000	29 833 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,85 %	105,65 %	−11,14 %	17,16 %
Debt-to-Equity Ratio	0,25	0,27	0,31	1,79
Operating Profit Margin	11,61 %	19,81 %	−1,3 %	3,12 %
Current Ratio	2,1	1,89	1,14	2,21
Quick Ratio	−31,44	10,42	4,63	27,94
Equity Ratio	0,46	0,4	0,22	0,23
Gross Profit Margin	50,04 %	51,29 %	47,7 %	47,28 %