ARCTIC MOTOR AS

8012 BODØ

Finances

Share Ownership

Return on Equity

−3,54 %

Current Ratio

1,65

Debt-to-Equity Ratio

2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 551 000	29 184 000	23 379 000	18 149 000
Net Income	−62 000	816 000	871 000	499 000
Total Assets	14 074 000	9 940 000	6 660 000	5 557 000
Total Equity	1 749 000	1 811 000	995 000	624 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 551 000	29 184 000	23 379 000	18 149 000
Expenditure	32 372 000	28 021 000	22 197 000	17 461 000
Operating Profit	180 000	1 163 000	1 182 000	688 000
Financial Income	2 000	0	0	0
Financial Costs	262 000	115 000	65 000	48 000
Financial Balance	−260 000	−115 000	−65 000	−48 000
Earnings Before Tax	−80 000	1 048 000	1 117 000	641 000
Tax	−18 000	232 000	246 000	141 000
Net Income	−62 000	816 000	871 000	499 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 041 000	1 108 000	577 000	388 000
Total Current Assets	13 033 000	8 832 000	6 082 000	5 169 000
Total Assets	14 074 000	9 940 000	6 660 000	5 557 000
Total Retained Equity	1 132 000	1 194 000	378 000	7 000
Total Equity	1 749 000	1 811 000	995 000	624 000
Total Long-Term Debt	4 443 000	2 546 000	1 579 000	1 000 000
Total Current Debt	7 883 000	5 583 000	4 086 000	3 933 000
Total Equity and Debt	14 074 000	9 940 000	6 660 000	5 557 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 032 000	28 684 000	22 835 000	17 778 000
Other Income	519 000	500 000	544 000	370 000
Revenue	32 551 000	29 184 000	23 379 000	18 149 000
Cost of Goods Sold	24 405 000	21 959 000	17 518 000	13 836 000
Salary Costs	4 321 000	3 282 000	2 626 000	1 637 000
Depreciation	281 000	219 000	108 000	130 000
Impairment	0	0	0	0
Expenditure	32 372 000	28 021 000	22 197 000	17 461 000
Operating Profit	180 000	1 163 000	1 182 000	688 000
Financial Income	2 000	0	0	0
Financial Costs	262 000	115 000	65 000	48 000
Financial Balance	−260 000	−115 000	−65 000	−48 000
Dividends	0	0	500 000	0
Net Income	−62 000	816 000	871 000	499 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	39 000	131 000	162 000
Real Eastate	659 000	755 000	238 000	0
Machinery and Plant Facilities	37 000	62 000	69 000	20 000
Fixtures	289 000	252 000	139 000	206 000
Total Tangible Assets	985 000	1 069 000	446 000	226 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 041 000	1 108 000	577 000	388 000
Stock	10 713 000	6 690 000	4 638 000	3 694 000
Total Investments	0	0	0	0
Cash, Bank	261 000	228 000	111 000	61 000
Total Current Assets	13 033 000	8 832 000	6 082 000	5 169 000
Total Assets	14 074 000	9 940 000	6 660 000	5 557 000
Total Equity	1 749 000	1 811 000	995 000	624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 443 000	2 546 000	1 579 000	1 000 000
Creditors	3 823 000	1 581 000	2 327 000	1 351 000
Unpaid Taxes	160 000	188 000	124 000	72 000
Dividends	0	0	500 000	0
Other Current Debt	823 000	637 000	665 000	1 296 000
Total Current Debt	7 883 000	5 583 000	4 086 000	3 933 000
Total Equity and Debt	14 074 000	9 940 000	6 660 000	5 557 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,54 %	45,06 %	87,54 %	79,97 %
Debt-to-Equity Ratio	2,54	1,41	1,59	1,6
Operating Profit Margin	0,55 %	3,99 %	5,06 %	3,79 %
Current Ratio	1,65	1,58	1,49	1,31
Quick Ratio	−4,61	−7,98	−11,02	21,63
Equity Ratio	0,12	0,18	0,15	0,11
Gross Profit Margin	25,03 %	24,76 %	25,07 %	23,76 %