ARCTIC REAL ESTATE MANAGEMENT AS

0161 OSLO

Finances

Share Ownership

Return on Equity

854,46 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 202 000	51 779 000	37 034 000	26 078 000
Net Income	19 362 000	9 819 000	5 801 000	5 076 000
Total Assets	52 869 000	34 460 000	18 023 000	14 164 000
Total Equity	2 266 000	2 077 000	1 605 000	830 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 202 000	51 779 000	37 034 000	26 078 000
Expenditure	52 582 000	39 161 000	29 595 000	19 684 000
Operating Profit	24 619 000	12 618 000	7 438 000	6 395 000
Financial Income	302 000	34 000	61 000	125 000
Financial Costs	96 000	58 000	61 000	10 000
Financial Balance	206 000	−24 000	0	115 000
Earnings Before Tax	24 825 000	12 594 000	7 439 000	6 509 000
Tax	5 463 000	2 775 000	1 638 000	1 433 000
Net Income	19 362 000	9 819 000	5 801 000	5 076 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 560 000	1 625 000	1 464 000	492 000
Total Current Assets	51 309 000	32 835 000	16 559 000	13 672 000
Total Assets	52 869 000	34 460 000	18 023 000	14 164 000
Total Retained Equity	1 776 000	1 587 000	1 115 000	340 000
Total Equity	2 266 000	2 077 000	1 605 000	830 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	50 604 000	32 383 000	16 418 000	13 334 000
Total Equity and Debt	52 869 000	34 460 000	18 023 000	14 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 202 000	51 779 000	37 034 000	26 078 000
Other Income	0	0	0	0
Revenue	77 202 000	51 779 000	37 034 000	26 078 000
Cost of Goods Sold	1 018 000	1 671 000	1 874 000	1 240 000
Salary Costs	40 256 000	30 432 000	19 443 000	12 028 000
Depreciation	663 000	362 000	221 000	130 000
Impairment	0	0	0	0
Expenditure	52 582 000	39 161 000	29 595 000	19 684 000
Operating Profit	24 619 000	12 618 000	7 438 000	6 395 000
Financial Income	302 000	34 000	61 000	125 000
Financial Costs	96 000	58 000	61 000	10 000
Financial Balance	206 000	−24 000	0	115 000
Dividends	19 250 000	9 500 000	5 000 000	5 000 000
Net Income	19 362 000	9 819 000	5 801 000	5 076 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	54 000	55 000	65 000
Real Eastate	253 000	311 000	417 000	183 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 292 000	1 260 000	992 000	245 000
Total Tangible Assets	1 545 000	1 571 000	1 409 000	427 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 560 000	1 625 000	1 464 000	492 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 544 000	20 534 000	12 757 000	10 567 000
Total Current Assets	51 309 000	32 835 000	16 559 000	13 672 000
Total Assets	52 869 000	34 460 000	18 023 000	14 164 000
Total Equity	2 266 000	2 077 000	1 605 000	830 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	256 000	400 000	233 000	348 000
Unpaid Taxes	7 769 000	4 215 000	1 526 000	916 000
Dividends	19 250 000	9 500 000	5 000 000	5 000 000
Other Current Debt	17 856 000	15 493 000	8 031 000	5 642 000
Total Current Debt	50 604 000	32 383 000	16 418 000	13 334 000
Total Equity and Debt	52 869 000	34 460 000	18 023 000	14 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	854,46 %	472,75 %	361,43 %	611,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,89 %	24,37 %	20,08 %	24,52 %
Current Ratio	1,01	1,01	1,01	1,03
Quick Ratio	1,01	1,01	1,01	1,03
Equity Ratio	0,04	0,06	0,09	0,06
Gross Profit Margin	98,68 %	96,77 %	94,94 %	95,25 %