ARCTIC PLAST AS

9062 FURUFLATEN

Finances

Return on Equity

35,97 %

Current Ratio

3,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 169 000	21 034 000	15 038 000	13 592 000
Net Income	4 611 000	4 338 000	3 068 000	2 329 000
Total Assets	17 388 000	16 753 000	13 020 000	11 288 000
Total Equity	12 819 000	9 208 000	8 871 000	7 803 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 169 000	21 034 000	15 038 000	13 592 000
Expenditure	20 077 000	16 242 000	10 915 000	10 165 000
Operating Profit	5 892 000	5 544 000	3 975 000	2 991 000
Financial Income	28 000	25 000	24 000	4 000
Financial Costs	9 000	5 000	51 000	2 000
Financial Balance	19 000	20 000	−27 000	2 000
Earnings Before Tax	5 911 000	5 565 000	3 947 000	2 993 000
Tax	1 301 000	1 227 000	880 000	664 000
Net Income	4 611 000	4 338 000	3 068 000	2 329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 590 000	1 182 000	1 018 000	1 288 000
Total Current Assets	15 798 000	15 572 000	12 002 000	10 000 000
Total Assets	17 388 000	16 753 000	13 020 000	11 288 000
Total Retained Equity	12 419 000	8 808 000	8 471 000	7 403 000
Total Equity	12 819 000	9 208 000	8 871 000	7 803 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 569 000	7 545 000	4 149 000	3 485 000
Total Equity and Debt	17 388 000	16 753 000	13 020 000	11 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 148 000	21 034 000	14 987 000	13 592 000
Other Income	21 000	0	51 000	0
Revenue	25 169 000	21 034 000	15 038 000	13 592 000
Cost of Goods Sold	5 357 000	4 397 000	2 102 000	2 058 000
Salary Costs	10 937 000	5 709 000	4 933 000	4 763 000
Depreciation	310 000	214 000	236 000	229 000
Impairment	0	0	0	0
Expenditure	20 077 000	16 242 000	10 915 000	10 165 000
Operating Profit	5 892 000	5 544 000	3 975 000	2 991 000
Financial Income	28 000	25 000	24 000	4 000
Financial Costs	9 000	5 000	51 000	2 000
Financial Balance	19 000	20 000	−27 000	2 000
Dividends	1 000 000	1 500 000	2 000 000	1 500 000
Net Income	4 611 000	4 338 000	3 068 000	2 329 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	79 000	79 000	63 000
Real Eastate	446 000	529 000	612 000	695 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	978 000	536 000	290 000	443 000
Total Tangible Assets	1 424 000	1 065 000	902 000	1 138 000
Total Fiancial Fixed Assets	110 000	38 000	38 000	88 000
Total Fixed Assets	1 590 000	1 182 000	1 018 000	1 288 000
Stock	2 915 000	2 114 000	1 362 000	1 510 000
Total Investments	0	0	0	0
Cash, Bank	11 731 000	11 536 000	10 037 000	6 858 000
Total Current Assets	15 798 000	15 572 000	12 002 000	10 000 000
Total Assets	17 388 000	16 753 000	13 020 000	11 288 000
Total Equity	12 819 000	9 208 000	8 871 000	7 803 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−8 000	1 106 000	255 000	59 000
Unpaid Taxes	1 230 000	656 000	482 000	763 000
Dividends	1 000 000	1 500 000	2 000 000	1 500 000
Other Current Debt	1 070 000	3 054 000	516 000	493 000
Total Current Debt	4 569 000	7 545 000	4 149 000	3 485 000
Total Equity and Debt	17 388 000	16 753 000	13 020 000	11 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,97 %	47,11 %	34,58 %	29,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,41 %	26,36 %	26,43 %	22,01 %
Current Ratio	3,46	2,06	2,89	2,87
Quick Ratio	9,55	2,87	4,31	5,06
Equity Ratio	0,74	0,55	0,68	0,69
Gross Profit Margin	78,72 %	79,1 %	86,02 %	84,86 %