ARCTIC INDUSTRIAL HOLDING AS

8520 ANKENES

Finances

Return on Equity

9,02 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	26 000	23 000	21 000
Net Income	12 000	20 000	17 000	16 000
Total Assets	229 000	218 000	198 000	182 000
Total Equity	133 000	122 000	102 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	26 000	23 000	21 000
Expenditure	2 000	6 000	6 000	5 000
Operating Profit	22 000	20 000	17 000	16 000
Financial Income	0	0	0	0
Financial Costs	11 000	0	0	0
Financial Balance	−11 000	0	0	0
Earnings Before Tax	12 000	20 000	17 000	16 000
Tax	0	0	0	0
Net Income	12 000	20 000	17 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	100 000	100 000	100 000
Total Current Assets	163 000	118 000	98 000	82 000
Total Assets	229 000	218 000	198 000	182 000
Total Retained Equity	−87 000	−98 000	−118 000	−135 000
Total Equity	133 000	122 000	102 000	85 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	96 000	96 000	96 000	96 000
Total Equity and Debt	229 000	218 000	198 000	182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	26 000	23 000	21 000
Other Income	0	0	0	0
Revenue	24 000	26 000	23 000	21 000
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	2 000	6 000	6 000	5 000
Operating Profit	22 000	20 000	17 000	16 000
Financial Income	0	0	0	0
Financial Costs	11 000	0	0	0
Financial Balance	−11 000	0	0	0
Dividends	0	0	0	0
Net Income	12 000	20 000	17 000	16 000

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	66 000	100 000	100 000	100 000
Total Fixed Assets	66 000	100 000	100 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	139 000	118 000	98 000	82 000
Total Current Assets	163 000	118 000	98 000	82 000
Total Assets	229 000	218 000	198 000	182 000
Total Equity	133 000	122 000	102 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	96 000	96 000	96 000	96 000
Total Current Debt	96 000	96 000	96 000	96 000
Total Equity and Debt	229 000	218 000	198 000	182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,02 %	16,39 %	16,67 %	18,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	91,67 %	76,92 %	73,91 %	76,19 %
Current Ratio	1,7	1,23	1,02	0,85
Quick Ratio	1,7	1,23	1,02	0,85
Equity Ratio	0,58	0,56	0,52	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %