ARCTIC MINERALS AS

9515 ALTA

Finances

Return on Equity

1,03 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 056 000	14 746 000	14 658 000	13 135 000
Net Income	10 000	163 000	406 000	98 000
Total Assets	4 504 000	4 160 000	3 606 000	2 945 000
Total Equity	974 000	963 000	801 000	394 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 056 000	14 746 000	14 658 000	13 135 000
Expenditure	14 928 000	14 470 000	14 102 000	12 939 000
Operating Profit	128 000	277 000	556 000	195 000
Financial Income	49 000	18 000	1 000	1 000
Financial Costs	162 000	115 000	151 000	97 000
Financial Balance	−113 000	−97 000	−150 000	−96 000
Earnings Before Tax	15 000	180 000	406 000	98 000
Tax	5 000	17 000	0	0
Net Income	10 000	163 000	406 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	800 000	1 070 000	1 173 000	1 010 000
Total Current Assets	3 704 000	3 090 000	2 432 000	1 935 000
Total Assets	4 504 000	4 160 000	3 606 000	2 945 000
Total Retained Equity	399 000	388 000	226 000	−181 000
Total Equity	974 000	963 000	801 000	394 000
Total Long-Term Debt	932 000	1 263 000	1 372 000	919 000
Total Current Debt	2 599 000	1 933 000	1 433 000	1 632 000
Total Equity and Debt	4 504 000	4 160 000	3 606 000	2 945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 391 000	14 267 000	13 963 000	12 798 000
Other Income	1 664 000	479 000	695 000	336 000
Revenue	15 056 000	14 746 000	14 658 000	13 135 000
Cost of Goods Sold	2 254 000	3 292 000	3 624 000	2 882 000
Salary Costs	3 963 000	4 895 000	5 178 000	4 887 000
Depreciation	208 000	311 000	332 000	407 000
Impairment	0	0	0	0
Expenditure	14 928 000	14 470 000	14 102 000	12 939 000
Operating Profit	128 000	277 000	556 000	195 000
Financial Income	49 000	18 000	1 000	1 000
Financial Costs	162 000	115 000	151 000	97 000
Financial Balance	−113 000	−97 000	−150 000	−96 000
Dividends	0	0	0	0
Net Income	10 000	163 000	406 000	98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	60 000	70 000	80 000	89 000
Machinery and Plant Facilities	107 000	274 000	605 000	379 000
Fixtures	582 000	676 000	438 000	531 000
Total Tangible Assets	750 000	1 020 000	1 123 000	999 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	11 000
Total Fixed Assets	800 000	1 070 000	1 173 000	1 010 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	107 000	736 000	643 000	78 000
Total Current Assets	3 704 000	3 090 000	2 432 000	1 935 000
Total Assets	4 504 000	4 160 000	3 606 000	2 945 000
Total Equity	974 000	963 000	801 000	394 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	932 000	1 263 000	1 372 000	919 000
Creditors	1 521 000	747 000	412 000	667 000
Unpaid Taxes	447 000	748 000	528 000	263 000
Dividends	0	0	0	0
Other Current Debt	572 000	438 000	493 000	702 000
Total Current Debt	2 599 000	1 933 000	1 433 000	1 632 000
Total Equity and Debt	4 504 000	4 160 000	3 606 000	2 945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,03 %	16,93 %	50,69 %	24,87 %
Debt-to-Equity Ratio	0,96	1,31	1,71	2,33
Operating Profit Margin	0,85 %	1,88 %	3,79 %	1,48 %
Current Ratio	1,43	1,6	1,7	1,19
Quick Ratio	1,43	1,6	1,7	1,19
Equity Ratio	0,22	0,23	0,22	0,13
Gross Profit Margin	85,03 %	77,68 %	75,28 %	78,06 %