ARCTIC KULDE AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

92,6 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 390 000	29 519 000	38 639 000	21 629 000
Net Income	4 729 000	4 630 000	4 853 000	3 325 000
Total Assets	15 776 000	12 755 000	11 177 000	6 857 000
Total Equity	5 107 000	3 000 000	2 500 000	2 841 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 390 000	29 519 000	38 639 000	21 629 000
Expenditure	23 318 000	23 586 000	32 418 000	17 376 000
Operating Profit	6 073 000	5 933 000	6 221 000	4 252 000
Financial Income	13 000	4 000	9 000	13 000
Financial Costs	21 000	0	6 000	1 000
Financial Balance	−8 000	4 000	3 000	12 000
Earnings Before Tax	6 065 000	5 937 000	6 224 000	4 264 000
Tax	1 336 000	1 307 000	1 371 000	939 000
Net Income	4 729 000	4 630 000	4 853 000	3 325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	492 000	282 000	399 000	442 000
Total Current Assets	15 285 000	12 473 000	10 778 000	6 414 000
Total Assets	15 776 000	12 755 000	11 177 000	6 857 000
Total Retained Equity	4 707 000	2 900 000	2 400 000	2 741 000
Total Equity	5 107 000	3 000 000	2 500 000	2 841 000
Total Long-Term Debt	417 000	0	0	0
Total Current Debt	10 251 000	9 755 000	8 677 000	4 016 000
Total Equity and Debt	15 776 000	12 755 000	11 177 000	6 857 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 390 000	29 519 000	38 639 000	21 629 000
Other Income	0	0	0	0
Revenue	29 390 000	29 519 000	38 639 000	21 629 000
Cost of Goods Sold	10 234 000	13 291 000	21 537 000	7 600 000
Salary Costs	9 724 000	7 774 000	8 146 000	7 071 000
Depreciation	178 000	74 000	92 000	162 000
Impairment	0	0	0	0
Expenditure	23 318 000	23 586 000	32 418 000	17 376 000
Operating Profit	6 073 000	5 933 000	6 221 000	4 252 000
Financial Income	13 000	4 000	9 000	13 000
Financial Costs	21 000	0	6 000	1 000
Financial Balance	−8 000	4 000	3 000	12 000
Dividends	0	4 130 000	5 194 000	3 000 000
Net Income	4 729 000	4 630 000	4 853 000	3 325 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	27 000	99 000	126 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	445 000	169 000	167 000	183 000
Total Tangible Assets	445 000	169 000	167 000	183 000
Total Fiancial Fixed Assets	47 000	86 000	133 000	134 000
Total Fixed Assets	492 000	282 000	399 000	442 000
Stock	1 763 000	781 000	546 000	498 000
Total Investments	0	0	0	0
Cash, Bank	8 306 000	6 263 000	7 329 000	5 168 000
Total Current Assets	15 285 000	12 473 000	10 778 000	6 414 000
Total Assets	15 776 000	12 755 000	11 177 000	6 857 000
Total Equity	5 107 000	3 000 000	2 500 000	2 841 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	417 000	0	0	0
Creditors	1 624 000	2 752 000	1 315 000	515 000
Unpaid Taxes	1 267 000	904 000	1 864 000	719 000
Dividends	0	4 130 000	5 194 000	3 000 000
Other Current Debt	7 361 000	4 863 000	4 121 000	1 843 000
Total Current Debt	10 251 000	9 755 000	8 677 000	4 016 000
Total Equity and Debt	15 776 000	12 755 000	11 177 000	6 857 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,6 %	154,33 %	194,12 %	117,04 %
Debt-to-Equity Ratio	0,08	0	0	0
Operating Profit Margin	20,66 %	20,1 %	16,1 %	19,66 %
Current Ratio	1,49	1,28	1,24	1,6
Quick Ratio	1,8	1,39	1,33	1,82
Equity Ratio	0,32	0,24	0,22	0,41
Gross Profit Margin	65,18 %	54,97 %	44,26 %	64,86 %