ARCTIC SECURITIES AS

0161 OSLO

Finances

Return on Equity

26,61 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 324 717 000	1 652 627 000	1 429 410 000	1 047 689 000
Net Income	136 620 000	298 856 000	242 131 000	111 419 000
Total Assets	1 949 488 000	2 816 193 000	3 916 167 000	3 638 631 000
Total Equity	513 446 000	457 873 000	325 799 000	316 078 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 324 717 000	1 652 627 000	1 429 410 000	1 047 689 000
Expenditure	1 159 385 000	1 273 662 000	1 112 354 000	904 694 000
Operating Profit	165 332 000	378 966 000	317 056 000	142 994 000
Financial Income	76 662 000	62 096 000	53 703 000	55 855 000
Financial Costs	56 074 000	29 114 000	37 527 000	32 219 000
Financial Balance	20 588 000	32 982 000	16 176 000	23 636 000
Earnings Before Tax	185 921 000	411 947 000	333 231 000	166 631 000
Tax	49 301 000	113 092 000	91 100 000	55 212 000
Net Income	136 620 000	298 856 000	242 131 000	111 419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	179 323 000	173 084 000	152 264 000	127 945 000
Total Current Assets	1 770 165 000	2 643 109 000	3 763 903 000	3 510 686 000
Total Assets	1 949 488 000	2 816 193 000	3 916 167 000	3 638 631 000
Total Retained Equity	186 056 000	132 136 000	−2 258 000	−11 887 000
Total Equity	513 446 000	457 873 000	325 799 000	316 078 000
Total Long-Term Debt	0	98 219 000	113 329 000	127 500 000
Total Current Debt	1 436 042 000	2 260 101 000	3 477 039 000	3 195 052 000
Total Equity and Debt	1 949 488 000	2 816 193 000	3 916 167 000	3 638 631 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 324 717 000	1 652 627 000	1 429 410 000	1 047 689 000
Other Income	0	0	0	0
Revenue	1 324 717 000	1 652 627 000	1 429 410 000	1 047 689 000
Cost of Goods Sold	44 689 000	92 673 000	50 584 000	48 409 000
Salary Costs	842 152 000	960 840 000	853 135 000	647 557 000
Depreciation	19 540 000	21 557 000	22 171 000	19 266 000
Impairment	0	0	0	0
Expenditure	1 159 385 000	1 273 662 000	1 112 354 000	904 694 000
Operating Profit	165 332 000	378 966 000	317 056 000	142 994 000
Financial Income	76 662 000	62 096 000	53 703 000	55 855 000
Financial Costs	56 074 000	29 114 000	37 527 000	32 219 000
Financial Balance	20 588 000	32 982 000	16 176 000	23 636 000
Dividends	53 854 000	166 112 000	189 871 000	55 440 000
Net Income	136 620 000	298 856 000	242 131 000	111 419 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	6 885 000	11 980 000	19 126 000	26 273 000
Total Intangible Assets	55 245 000	48 131 000	36 846 000	41 061 000
Real Eastate	32 323 000	30 919 000	31 774 000	30 371 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 148 000	16 195 000	17 933 000	18 561 000
Total Tangible Assets	48 470 000	47 114 000	49 708 000	48 931 000
Total Fiancial Fixed Assets	75 608 000	77 839 000	65 710 000	37 952 000
Total Fixed Assets	179 323 000	173 084 000	152 264 000	127 945 000
Stock	233 000	242 000	205 000	198 000
Total Investments	165 012 000	714 226 000	844 254 000	763 660 000
Cash, Bank	358 239 000	295 800 000	400 330 000	386 954 000
Total Current Assets	1 770 165 000	2 643 109 000	3 763 903 000	3 510 686 000
Total Assets	1 949 488 000	2 816 193 000	3 916 167 000	3 638 631 000
Total Equity	513 446 000	457 873 000	325 799 000	316 078 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	98 219 000	113 329 000	127 500 000
Creditors	272 127 000	583 847 000	1 755 092 000	1 772 216 000
Unpaid Taxes	71 128 000	80 449 000	47 863 000	39 058 000
Dividends	53 854 000	166 112 000	189 871 000	55 440 000
Other Current Debt	331 303 000	527 451 000	452 742 000	312 780 000
Total Current Debt	1 436 042 000	2 260 101 000	3 477 039 000	3 195 052 000
Total Equity and Debt	1 949 488 000	2 816 193 000	3 916 167 000	3 638 631 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,61 %	65,27 %	74,32 %	35,25 %
Debt-to-Equity Ratio	0	0,21	0,35	0,4
Operating Profit Margin	12,48 %	22,93 %	22,18 %	13,65 %
Current Ratio	1,23	1,17	1,08	1,1
Quick Ratio	1,23	1,17	1,08	1,1
Equity Ratio	0,26	0,16	0,08	0,09
Gross Profit Margin	96,63 %	94,39 %	96,46 %	95,38 %