ARCTIC ENTREPRENØR AS

9700 LAKSELV

Finances

Return on Equity

2 171,57 %

Current Ratio

Debt-to-Equity Ratio

−7,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 068 000	42 060 000	31 945 000	28 748 000
Net Income	−4 278 000	−622 000	−1 800 000	1 360 000
Total Assets	22 111 000	14 195 000	11 954 000	10 317 000
Total Equity	−197 000	1 897 000	518 000	2 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 068 000	42 060 000	31 945 000	28 748 000
Expenditure	51 572 000	42 668 000	34 088 000	26 825 000
Operating Profit	−4 503 000	−607 000	−2 143 000	1 922 000
Financial Income	106 000	35 000	5 000	9 000
Financial Costs	319 000	221 000	168 000	176 000
Financial Balance	−213 000	−186 000	−163 000	−167 000
Earnings Before Tax	−4 716 000	−793 000	−2 306 000	1 755 000
Tax	−438 000	−171 000	−506 000	395 000
Net Income	−4 278 000	−622 000	−1 800 000	1 360 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 441 000	1 572 000	1 966 000	1 270 000
Total Current Assets	20 670 000	12 623 000	9 987 000	9 047 000
Total Assets	22 111 000	14 195 000	11 954 000	10 317 000
Total Retained Equity	−4 278 000	0	316 000	2 116 000
Total Equity	−197 000	1 897 000	518 000	2 318 000
Total Long-Term Debt	1 575 000	2 556 000	2 579 000	2 789 000
Total Current Debt	20 732 000	9 742 000	8 856 000	5 210 000
Total Equity and Debt	22 111 000	14 195 000	11 954 000	10 317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 963 000	41 877 000	31 869 000	28 692 000
Other Income	105 000	182 000	76 000	56 000
Revenue	47 068 000	42 060 000	31 945 000	28 748 000
Cost of Goods Sold	32 742 000	23 821 000	21 951 000	11 467 000
Salary Costs	12 335 000	10 351 000	7 022 000	9 488 000
Depreciation	527 000	592 000	446 000	363 000
Impairment	0	0	0	0
Expenditure	51 572 000	42 668 000	34 088 000	26 825 000
Operating Profit	−4 503 000	−607 000	−2 143 000	1 922 000
Financial Income	106 000	35 000	5 000	9 000
Financial Costs	319 000	221 000	168 000	176 000
Financial Balance	−213 000	−186 000	−163 000	−167 000
Dividends	0	0	0	279 000
Net Income	−4 278 000	−622 000	−1 800 000	1 360 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	178 000	7 000	73 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	110 000	159 000	208 000	7 000
Fixtures	684 000	1 143 000	1 662 000	1 189 000
Total Tangible Assets	794 000	1 302 000	1 870 000	1 197 000
Total Fiancial Fixed Assets	647 000	92 000	90 000	0
Total Fixed Assets	1 441 000	1 572 000	1 966 000	1 270 000
Stock	3 107 000	3 257 000	2 567 000	3 666 000
Total Investments	0	0	0	0
Cash, Bank	565 000	498 000	437 000	1 813 000
Total Current Assets	20 670 000	12 623 000	9 987 000	9 047 000
Total Assets	22 111 000	14 195 000	11 954 000	10 317 000
Total Equity	−197 000	1 897 000	518 000	2 318 000
Short-Term Group Debt	45 000	0	400 000	121 000
Total Long-Term Debt	1 575 000	2 556 000	2 579 000	2 789 000
Creditors	11 346 000	3 471 000	3 938 000	1 200 000
Unpaid Taxes	1 333 000	992 000	672 000	823 000
Dividends	0	0	0	279 000
Other Current Debt	5 776 000	4 842 000	3 588 000	2 345 000
Total Current Debt	20 732 000	9 742 000	8 856 000	5 210 000
Total Equity and Debt	22 111 000	14 195 000	11 954 000	10 317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 171,57 %	−32,79 %	−347,49 %	58,67 %
Debt-to-Equity Ratio	−7,99	1,35	4,98	1,2
Operating Profit Margin	−9,57 %	−1,44 %	−6,71 %	6,69 %
Current Ratio	1	1,3	1,13	1,74
Quick Ratio	1,17	1,95	1,59	5,86
Equity Ratio	−0,01	0,13	0,04	0,22
Gross Profit Margin	30,44 %	43,36 %	31,29 %	60,11 %