GREEN ARCTIC INVEST AS

9770 MEHAMN

Finances

Return on Equity

8,2 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	576 000	518 000	307 000	422 000
Net Income	305 000	254 000	96 000	135 000
Total Assets	4 364 000	4 195 000	4 298 000	4 072 000
Total Equity	3 719 000	3 414 000	3 160 000	3 064 000

Income (NOK)	2022	2021	2020	2019
Revenue	576 000	518 000	307 000	422 000
Expenditure	184 000	187 000	154 000	171 000
Operating Profit	392 000	331 000	153 000	251 000
Financial Income	0	0	0	0
Financial Costs	1 000	5 000	30 000	78 000
Financial Balance	−1 000	−5 000	−30 000	−78 000
Earnings Before Tax	391 000	326 000	123 000	173 000
Tax	86 000	72 000	27 000	38 000
Net Income	305 000	254 000	96 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 919 000	3 960 000	4 001 000	3 939 000
Total Current Assets	446 000	235 000	297 000	133 000
Total Assets	4 364 000	4 195 000	4 298 000	4 072 000
Total Retained Equity	2 209 000	1 904 000	1 650 000	1 554 000
Total Equity	3 719 000	3 414 000	3 160 000	3 064 000
Total Long-Term Debt	237 000	399 000	822 000	821 000
Total Current Debt	408 000	382 000	316 000	188 000
Total Equity and Debt	4 364 000	4 195 000	4 298 000	4 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	576 000	518 000	307 000	422 000
Revenue	576 000	518 000	307 000	422 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	41 000	41 000	41 000	41 000
Impairment	0	0	0	0
Expenditure	184 000	187 000	154 000	171 000
Operating Profit	392 000	331 000	153 000	251 000
Financial Income	0	0	0	0
Financial Costs	1 000	5 000	30 000	78 000
Financial Balance	−1 000	−5 000	−30 000	−78 000
Dividends	0	0	0	0
Net Income	305 000	254 000	96 000	135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	619 000	660 000	701 000	742 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	619 000	660 000	701 000	742 000
Total Fiancial Fixed Assets	3 300 000	3 300 000	3 300 000	3 197 000
Total Fixed Assets	3 919 000	3 960 000	4 001 000	3 939 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	1 000	0	0
Total Current Assets	446 000	235 000	297 000	133 000
Total Assets	4 364 000	4 195 000	4 298 000	4 072 000
Total Equity	3 719 000	3 414 000	3 160 000	3 064 000
Short-Term Group Debt	305 000	305 000	305 000	173 000
Total Long-Term Debt	237 000	399 000	822 000	821 000
Creditors	7 000	−5 000	−4 000	−2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	15 000	15 000
Total Current Debt	408 000	382 000	316 000	188 000
Total Equity and Debt	4 364 000	4 195 000	4 298 000	4 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,2 %	7,44 %	3,04 %	4,41 %
Debt-to-Equity Ratio	0,06	0,12	0,26	0,27
Operating Profit Margin	68,06 %	63,9 %	49,84 %	59,48 %
Current Ratio	1,09	0,62	0,94	0,71
Quick Ratio	1,09	0,62	0,94	0,71
Equity Ratio	0,85	0,81	0,74	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %