ARCTIC FILET AS

9381 TORSKEN

Finances

Share Ownership

Return on Equity

−19,09 %

Current Ratio

0,62

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 422 000	58 853 000	51 968 000	44 409 000
Net Income	−1 142 000	−1 882 000	−2 091 000	−828 000
Total Assets	23 396 000	28 487 000	29 669 000	27 479 000
Total Equity	5 982 000	7 124 000	9 006 000	2 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 422 000	58 853 000	51 968 000	44 409 000
Expenditure	53 776 000	61 085 000	54 290 000	45 000 000
Operating Profit	−1 353 000	−2 232 000	−2 321 000	−591 000
Financial Income	27 000	7 000	10 000	3 000
Financial Costs	137 000	187 000	369 000	475 000
Financial Balance	−110 000	−180 000	−359 000	−472 000
Earnings Before Tax	−1 463 000	−2 412 000	−2 681 000	−1 062 000
Tax	−322 000	−531 000	−591 000	−234 000
Net Income	−1 142 000	−1 882 000	−2 091 000	−828 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 074 000	19 731 000	21 112 000	23 228 000
Total Current Assets	5 323 000	8 757 000	8 557 000	4 251 000
Total Assets	23 396 000	28 487 000	29 669 000	27 479 000
Total Retained Equity	8 369 000	−7 227 000	−5 345 000	−3 255 000
Total Equity	5 982 000	7 124 000	9 006 000	2 750 000
Total Long-Term Debt	8 777 000	10 522 000	6 076 000	11 640 000
Total Current Debt	8 637 000	10 841 000	14 587 000	13 089 000
Total Equity and Debt	23 396 000	28 487 000	29 669 000	27 479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 228 000	57 157 000	50 591 000	43 344 000
Other Income	1 194 000	1 697 000	1 377 000	1 065 000
Revenue	52 422 000	58 853 000	51 968 000	44 409 000
Cost of Goods Sold	9 352 000	19 252 000	14 122 000	10 106 000
Salary Costs	25 613 000	23 039 000	24 379 000	21 970 000
Depreciation	2 815 000	2 727 000	2 577 000	2 474 000
Impairment	0	0	0	0
Expenditure	53 776 000	61 085 000	54 290 000	45 000 000
Operating Profit	−1 353 000	−2 232 000	−2 321 000	−591 000
Financial Income	27 000	7 000	10 000	3 000
Financial Costs	137 000	187 000	369 000	475 000
Financial Balance	−110 000	−180 000	−359 000	−472 000
Dividends	0	0	0	0
Net Income	−1 142 000	−1 882 000	−2 091 000	−828 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 291 000	2 969 000	2 438 000	4 202 000
Real Eastate	37 000	0	0	0
Machinery and Plant Facilities	13 851 000	−15 861 000	17 590 000	18 137 000
Fixtures	866 000	−886 000	1 081 000	889 000
Total Tangible Assets	14 755 000	−16 747 000	18 671 000	19 026 000
Total Fiancial Fixed Assets	28 000	14 000	2 000	0
Total Fixed Assets	18 074 000	19 731 000	21 112 000	23 228 000
Stock	1 478 000	1 132 000	2 575 000	2 205 000
Total Investments	0	0	0	0
Cash, Bank	1 836 000	4 246 000	497 000	327 000
Total Current Assets	5 323 000	8 757 000	8 557 000	4 251 000
Total Assets	23 396 000	28 487 000	29 669 000	27 479 000
Total Equity	5 982 000	7 124 000	9 006 000	2 750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 777 000	10 522 000	6 076 000	11 640 000
Creditors	3 193 000	4 455 000	5 693 000	5 115 000
Unpaid Taxes	1 979 000	3 112 000	2 053 000	1 870 000
Dividends	0	0	0	0
Other Current Debt	3 465 000	3 274 000	4 801 000	4 629 000
Total Current Debt	8 637 000	10 841 000	14 587 000	13 089 000
Total Equity and Debt	23 396 000	28 487 000	29 669 000	27 479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,09 %	−26,42 %	−23,22 %	−30,11 %
Debt-to-Equity Ratio	1,47	1,48	0,67	4,23
Operating Profit Margin	−2,58 %	−3,79 %	−4,47 %	−1,33 %
Current Ratio	0,62	0,81	0,59	0,32
Quick Ratio	0,74	0,9	0,71	0,39
Equity Ratio	0,26	0,25	0,3	0,1
Gross Profit Margin	82,16 %	67,29 %	72,83 %	77,24 %