ARCTIC BYGG AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

34,11 %

Current Ratio

2,91

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 156 000	8 720 000	9 334 000	21 143 000
Net Income	673 000	69 000	−1 281 000	448 000
Total Assets	5 771 000	4 462 000	5 073 000	6 263 000
Total Equity	1 973 000	1 301 000	1 231 000	2 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 156 000	8 720 000	9 334 000	21 143 000
Expenditure	13 162 000	8 634 000	11 028 000	20 462 000
Operating Profit	994 000	85 000	−1 695 000	680 000
Financial Income	14 000	7 000	60 000	6 000
Financial Costs	145 000	3 000	7 000	110 000
Financial Balance	−131 000	4 000	53 000	−104 000
Earnings Before Tax	862 000	89 000	−1 642 000	576 000
Tax	190 000	20 000	−361 000	128 000
Net Income	673 000	69 000	−1 281 000	448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	505 000	472 000	651 000	1 636 000
Total Current Assets	5 266 000	3 991 000	4 422 000	4 626 000
Total Assets	5 771 000	4 462 000	5 073 000	6 263 000
Total Retained Equity	1 523 000	851 000	781 000	2 062 000
Total Equity	1 973 000	1 301 000	1 231 000	2 162 000
Total Long-Term Debt	1 989 000	2 000 000	2 517 000	2 652 000
Total Current Debt	1 809 000	1 162 000	1 325 000	1 449 000
Total Equity and Debt	5 771 000	4 462 000	5 073 000	6 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 156 000	8 714 000	9 273 000	20 525 000
Other Income	0	6 000	60 000	618 000
Revenue	14 156 000	8 720 000	9 334 000	21 143 000
Cost of Goods Sold	7 651 000	3 389 000	4 574 000	11 912 000
Salary Costs	4 063 000	3 843 000	5 041 000	6 036 000
Depreciation	157 000	180 000	228 000	230 000
Impairment	0	0	0	0
Expenditure	13 162 000	8 634 000	11 028 000	20 462 000
Operating Profit	994 000	85 000	−1 695 000	680 000
Financial Income	14 000	7 000	60 000	6 000
Financial Costs	145 000	3 000	7 000	110 000
Financial Balance	−131 000	4 000	53 000	−104 000
Dividends	0	0	0	0
Net Income	673 000	69 000	−1 281 000	448 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	505 000	472 000	651 000	842 000
Total Tangible Assets	505 000	472 000	651 000	842 000
Total Fiancial Fixed Assets	0	0	0	794 000
Total Fixed Assets	505 000	472 000	651 000	1 636 000
Stock	1 412 000	1 266 000	1 297 000	1 283 000
Total Investments	0	0	0	0
Cash, Bank	3 244 000	1 223 000	1 736 000	396 000
Total Current Assets	5 266 000	3 991 000	4 422 000	4 626 000
Total Assets	5 771 000	4 462 000	5 073 000	6 263 000
Total Equity	1 973 000	1 301 000	1 231 000	2 162 000
Short-Term Group Debt	19 000	19 000	0	234 000
Total Long-Term Debt	1 989 000	2 000 000	2 517 000	2 652 000
Creditors	450 000	130 000	224 000	398 000
Unpaid Taxes	683 000	502 000	509 000	154 000
Dividends	0	0	0	0
Other Current Debt	440 000	471 000	593 000	663 000
Total Current Debt	1 809 000	1 162 000	1 325 000	1 449 000
Total Equity and Debt	5 771 000	4 462 000	5 073 000	6 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,11 %	5,3 %	−104,06 %	20,72 %
Debt-to-Equity Ratio	1,01	1,54	2,04	1,23
Operating Profit Margin	7,02 %	0,97 %	−18,16 %	3,22 %
Current Ratio	2,91	3,43	3,34	3,19
Quick Ratio	13,26	−38,38	157,93	27,87
Equity Ratio	0,34	0,29	0,24	0,35
Gross Profit Margin	45,95 %	61,14 %	51 %	43,66 %