ARCTIC OFFSHORE INTERNATIONAL AS

0161 OSLO

Finances

Return on Equity

236,83 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 819 000	29 298 000	25 148 000	59 374 000
Net Income	16 114 000	6 387 000	−6 657 000	10 595 000
Total Assets	52 739 000	30 196 000	30 174 000	75 015 000
Total Equity	6 804 000	11 689 000	12 803 000	19 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 819 000	29 298 000	25 148 000	59 374 000
Expenditure	35 085 000	23 810 000	34 132 000	47 815 000
Operating Profit	9 733 000	5 487 000	−8 985 000	11 559 000
Financial Income	9 702 000	3 010 000	1 484 000	2 465 000
Financial Costs	624 000	759 000	1 065 000	513 000
Financial Balance	9 078 000	2 251 000	419 000	1 952 000
Earnings Before Tax	18 811 000	7 738 000	−8 566 000	13 511 000
Tax	2 697 000	1 351 000	−1 908 000	2 916 000
Net Income	16 114 000	6 387 000	−6 657 000	10 595 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 377 000	10 523 000	14 840 000	14 371 000
Total Current Assets	50 361 000	19 672 000	15 334 000	60 644 000
Total Assets	52 739 000	30 196 000	30 174 000	75 015 000
Total Retained Equity	6 233 000	11 119 000	12 178 000	18 835 000
Total Equity	6 804 000	11 689 000	12 803 000	19 460 000
Total Long-Term Debt	1 093 000	1 040 000	10 805 000	5 887 000
Total Current Debt	44 842 000	17 466 000	6 566 000	49 668 000
Total Equity and Debt	52 739 000	30 196 000	30 174 000	75 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 819 000	29 298 000	25 148 000	59 374 000
Other Income	0	0	0	0
Revenue	44 819 000	29 298 000	25 148 000	59 374 000
Cost of Goods Sold	0	0	0	0
Salary Costs	28 698 000	18 547 000	23 477 000	35 346 000
Depreciation	20 000	94 000	95 000	91 000
Impairment	0	0	0	0
Expenditure	35 085 000	23 810 000	34 132 000	47 815 000
Operating Profit	9 733 000	5 487 000	−8 985 000	11 559 000
Financial Income	9 702 000	3 010 000	1 484 000	2 465 000
Financial Costs	624 000	759 000	1 065 000	513 000
Financial Balance	9 078 000	2 251 000	419 000	1 952 000
Dividends	21 000 000	6 387 000	0	9 900 000
Net Income	16 114 000	6 387 000	−6 657 000	10 595 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	27 000	36 000	0
Real Eastate	29 000	15 000	92 000	160 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	37 000	33 000	8 000
Total Tangible Assets	70 000	52 000	125 000	168 000
Total Fiancial Fixed Assets	2 307 000	10 444 000	14 679 000	14 203 000
Total Fixed Assets	2 377 000	10 523 000	14 840 000	14 371 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 596 000	6 900 000	3 978 000	21 131 000
Total Current Assets	50 361 000	19 672 000	15 334 000	60 644 000
Total Assets	52 739 000	30 196 000	30 174 000	75 015 000
Total Equity	6 804 000	11 689 000	12 803 000	19 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 093 000	1 040 000	10 805 000	5 887 000
Creditors	100 000	13 000	445 000	401 000
Unpaid Taxes	495 000	551 000	914 000	2 932 000
Dividends	21 000 000	6 387 000	0	9 900 000
Other Current Debt	20 630 000	9 172 000	5 207 000	33 534 000
Total Current Debt	44 842 000	17 466 000	6 566 000	49 668 000
Total Equity and Debt	52 739 000	30 196 000	30 174 000	75 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	236,83 %	54,64 %	−52 %	54,45 %
Debt-to-Equity Ratio	0,16	0,09	0,84	0,3
Operating Profit Margin	21,72 %	18,73 %	−35,73 %	19,47 %
Current Ratio	1,12	1,13	2,34	1,22
Quick Ratio	1,12	1,13	2,34	1,22
Equity Ratio	0,13	0,39	0,42	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %