ARCTIC SPAS NORGE AS

4326 SANDNES

Finances

Return on Equity

27,5 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	2 679 000	7 267 000	4 247 000	−50 000
Total Assets	16 318 000	15 961 000	12 833 000	9 459 000
Total Equity	9 741 000	9 063 000	5 796 000	5 049 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	27 000	30 000	21 000	23 000
Operating Profit	−27 000	−30 000	−21 000	−23 000
Financial Income	2 805 000	7 420 000	4 372 000	102 000
Financial Costs	102 000	81 000	101 000	129 000
Financial Balance	2 703 000	7 339 000	4 271 000	−27 000
Earnings Before Tax	2 676 000	7 310 000	4 249 000	−50 000
Tax	−2 000	43 000	2 000	0
Net Income	2 679 000	7 267 000	4 247 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 511 000	7 549 000	7 452 000	8 041 000
Total Current Assets	8 806 000	8 411 000	5 381 000	1 418 000
Total Assets	16 318 000	15 961 000	12 833 000	9 459 000
Total Retained Equity	9 654 000	8 975 000	5 708 000	4 961 000
Total Equity	9 741 000	9 063 000	5 796 000	5 049 000
Total Long-Term Debt	2 505 000	2 835 000	3 098 000	3 271 000
Total Current Debt	4 071 000	4 063 000	3 939 000	1 139 000
Total Equity and Debt	16 318 000	15 961 000	12 833 000	9 459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	30 000	21 000	23 000
Operating Profit	−27 000	−30 000	−21 000	−23 000
Financial Income	2 805 000	7 420 000	4 372 000	102 000
Financial Costs	102 000	81 000	101 000	129 000
Financial Balance	2 703 000	7 339 000	4 271 000	−27 000
Dividends	2 000 000	4 000 000	3 500 000	900 000
Net Income	2 679 000	7 267 000	4 247 000	−50 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 511 000	7 549 000	7 452 000	8 041 000
Total Fixed Assets	7 511 000	7 549 000	7 452 000	8 041 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 869 000	1 172 000	782 000	127 000
Total Current Assets	8 806 000	8 411 000	5 381 000	1 418 000
Total Assets	16 318 000	15 961 000	12 833 000	9 459 000
Total Equity	9 741 000	9 063 000	5 796 000	5 049 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 505 000	2 835 000	3 098 000	3 271 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 000 000	4 000 000	3 500 000	900 000
Other Current Debt	2 046 000	4 063 000	439 000	439 000
Total Current Debt	4 071 000	4 063 000	3 939 000	1 139 000
Total Equity and Debt	16 318 000	15 961 000	12 833 000	9 459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,5 %	80,18 %	73,27 %	−0,99 %
Debt-to-Equity Ratio	0,26	0,31	0,53	0,65
Operating Profit Margin	-	-	-	-
Current Ratio	2,16	2,07	1,37	1,24
Quick Ratio	2,16	2,07	1,37	1,24
Equity Ratio	0,6	0,57	0,45	0,53
Gross Profit Margin	-	-	-	-