ARCTIC SEAFOOD GROUP AS

8120 NYGÅRDSJØEN

Finances

Return on Equity

12,96 %

Current Ratio

2,93

Debt-to-Equity Ratio

5,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	99 777 000	80 243 000	94 402 000	80 394 000
Net Income	12 145 000	−2 862 000	2 894 000	−28 394 000
Total Assets	587 331 000	229 346 000	194 332 000	171 661 000
Total Equity	93 698 000	81 553 000	83 515 000	80 622 000

Income (NOK)	2022	2021	2020	2019
Revenue	99 777 000	80 243 000	94 402 000	80 394 000
Expenditure	94 623 000	81 291 000	88 155 000	74 535 000
Operating Profit	5 243 000	−108 000	8 078 000	18 005 000
Financial Income	521 000	2 284 000	969 000	371 000
Financial Costs	14 539 000	5 160 000	4 628 000	3 609 000
Financial Balance	−14 018 000	−2 876 000	−3 659 000	−3 238 000
Earnings Before Tax	−8 775 000	−2 984 000	4 419 000	14 768 000
Tax	−20 921 000	−121 000	1 526 000	43 162 000
Net Income	12 145 000	−2 862 000	2 894 000	−28 394 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	518 022 000	157 144 000	134 463 000	103 375 000
Total Current Assets	69 309 000	72 202 000	59 869 000	68 286 000
Total Assets	587 331 000	229 346 000	194 332 000	171 661 000
Total Retained Equity	32 446 000	20 301 000	22 284 000	19 995 000
Total Equity	93 698 000	81 553 000	83 515 000	80 622 000
Total Long-Term Debt	469 963 000	125 164 000	1 765 000	72 000 000
Total Current Debt	23 670 000	22 629 000	109 052 000	19 040 000
Total Equity and Debt	587 331 000	229 346 000	194 332 000	171 661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	99 774 000	80 064 000	94 402 000	80 394 000
Other Income	3 000	179 000	0	0
Revenue	99 777 000	80 243 000	94 402 000	80 394 000
Cost of Goods Sold	40 543 000	38 856 000	46 366 000	35 220 000
Salary Costs	19 174 000	17 342 000	14 546 000	11 552 000
Depreciation	15 685 000	12 069 000	7 473 000	6 748 000
Impairment	0	0	0	0
Expenditure	94 623 000	81 291 000	88 155 000	74 535 000
Operating Profit	5 243 000	−108 000	8 078 000	18 005 000
Financial Income	521 000	2 284 000	969 000	371 000
Financial Costs	14 539 000	5 160 000	4 628 000	3 609 000
Financial Balance	−14 018 000	−2 876 000	−3 659 000	−3 238 000
Dividends	0	0	0	0
Net Income	12 145 000	−2 862 000	2 894 000	−28 394 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	423 252 000	75 301 000	73 515 000	53 479 000
Real Eastate	34 047 000	33 693 000	36 371 000	26 368 000
Machinery and Plant Facilities	48 239 000	32 773 000	21 573 000	18 265 000
Fixtures	0	0	0	0
Total Tangible Assets	94 768 000	81 840 000	60 945 000	44 878 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	5 018 000
Total Fixed Assets	518 022 000	157 144 000	134 463 000	103 375 000
Stock	38 462 000	39 409 000	38 745 000	37 971 000
Total Investments	0	0	0	0
Cash, Bank	15 733 000	993 000	7 394 000	11 313 000
Total Current Assets	69 309 000	72 202 000	59 869 000	68 286 000
Total Assets	587 331 000	229 346 000	194 332 000	171 661 000
Total Equity	93 698 000	81 553 000	83 515 000	80 622 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	469 963 000	125 164 000	1 765 000	72 000 000
Creditors	13 356 000	13 536 000	6 610 000	9 486 000
Unpaid Taxes	2 110 000	3 447 000	2 353 000	3 597 000
Dividends	0	0	0	0
Other Current Debt	8 203 000	5 646 000	100 089 000	5 957 000
Total Current Debt	23 670 000	22 629 000	109 052 000	19 040 000
Total Equity and Debt	587 331 000	229 346 000	194 332 000	171 661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,96 %	−3,51 %	3,47 %	−35,22 %
Debt-to-Equity Ratio	5,02	1,53	0,02	0,89
Operating Profit Margin	5,25 %	−0,13 %	8,56 %	22,4 %
Current Ratio	2,93	3,19	0,55	3,59
Quick Ratio	−4,69	−4,3	0,85	−3,61
Equity Ratio	0,16	0,36	0,43	0,47
Gross Profit Margin	59,37 %	51,58 %	50,88 %	56,19 %