ARCTIC INSTALLASJON AS

9010 TROMSØ

Finances

Return on Equity

15,54 %

Current Ratio

2,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 574 000	14 139 000	12 356 000	18 223 000
Net Income	655 000	985 000	−757 000	978 000
Total Assets	7 356 000	6 143 000	5 191 000	7 745 000
Total Equity	4 215 000	3 560 000	2 874 000	3 632 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 574 000	14 139 000	12 356 000	18 223 000
Expenditure	15 698 000	12 835 000	13 269 000	16 794 000
Operating Profit	875 000	1 304 000	−913 000	1 430 000
Financial Income	4 000	2 000	6 000	3 000
Financial Costs	25 000	42 000	51 000	152 000
Financial Balance	−21 000	−40 000	−45 000	−149 000
Earnings Before Tax	854 000	1 264 000	−958 000	1 281 000
Tax	199 000	279 000	−201 000	302 000
Net Income	655 000	985 000	−757 000	978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	561 000	986 000	1 457 000
Total Current Assets	6 951 000	5 582 000	4 205 000	6 288 000
Total Assets	7 356 000	6 143 000	5 191 000	7 745 000
Total Retained Equity	4 114 000	3 459 000	2 773 000	3 531 000
Total Equity	4 215 000	3 560 000	2 874 000	3 632 000
Total Long-Term Debt	0	157 000	283 000	503 000
Total Current Debt	3 141 000	2 427 000	2 034 000	3 610 000
Total Equity and Debt	7 356 000	6 143 000	5 191 000	7 745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 573 000	14 124 000	12 356 000	17 883 000
Other Income	0	15 000	0	341 000
Revenue	16 574 000	14 139 000	12 356 000	18 223 000
Cost of Goods Sold	6 249 000	4 238 000	3 598 000	5 952 000
Salary Costs	6 040 000	5 411 000	6 419 000	7 164 000
Depreciation	408 000	433 000	433 000	443 000
Impairment	0	0	0	0
Expenditure	15 698 000	12 835 000	13 269 000	16 794 000
Operating Profit	875 000	1 304 000	−913 000	1 430 000
Financial Income	4 000	2 000	6 000	3 000
Financial Costs	25 000	42 000	51 000	152 000
Financial Balance	−21 000	−40 000	−45 000	−149 000
Dividends	0	300 000	0	0
Net Income	655 000	985 000	−757 000	978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	57 000	49 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	310 000	494 000	928 000	1 361 000
Total Tangible Assets	310 000	494 000	928 000	1 361 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	405 000	561 000	986 000	1 457 000
Stock	3 687 000	3 588 000	2 488 000	2 047 000
Total Investments	0	0	0	0
Cash, Bank	525 000	470 000	973 000	358 000
Total Current Assets	6 951 000	5 582 000	4 205 000	6 288 000
Total Assets	7 356 000	6 143 000	5 191 000	7 745 000
Total Equity	4 215 000	3 560 000	2 874 000	3 632 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	157 000	283 000	503 000
Creditors	1 161 000	467 000	480 000	480 000
Unpaid Taxes	986 000	571 000	678 000	1 207 000
Dividends	0	300 000	0	0
Other Current Debt	768 000	801 000	876 000	1 198 000
Total Current Debt	3 141 000	2 427 000	2 034 000	3 610 000
Total Equity and Debt	7 356 000	6 143 000	5 191 000	7 745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,54 %	27,67 %	−26,34 %	26,93 %
Debt-to-Equity Ratio	0	0,04	0,1	0,14
Operating Profit Margin	5,28 %	9,22 %	−7,39 %	7,85 %
Current Ratio	2,21	2,3	2,07	1,74
Quick Ratio	−12,73	−4,81	−9,26	4,02
Equity Ratio	0,57	0,58	0,55	0,47
Gross Profit Margin	62,3 %	70,03 %	70,88 %	67,34 %