ARCTIC SANS AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

18,03 %

Current Ratio

2,4

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	982 000	2 323 000	2 651 000	3 305 000
Net Income	84 000	79 000	−45 000	60 000
Total Assets	911 000	425 000	593 000	617 000
Total Equity	466 000	383 000	304 000	349 000

Income (NOK)	2022	2021	2020	2019
Revenue	982 000	2 323 000	2 651 000	3 305 000
Expenditure	872 000	2 218 000	2 684 000	3 230 000
Operating Profit	110 000	104 000	−33 000	74 000
Financial Income	1 000	0	0	0
Financial Costs	10 000	0	0	3 000
Financial Balance	−9 000	0	0	−3 000
Earnings Before Tax	101 000	104 000	−33 000	72 000
Tax	17 000	25 000	12 000	11 000
Net Income	84 000	79 000	−45 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 000	42 000	53 000	103 000
Total Current Assets	725 000	383 000	540 000	513 000
Total Assets	911 000	425 000	593 000	617 000
Total Retained Equity	436 000	353 000	274 000	319 000
Total Equity	466 000	383 000	304 000	349 000
Total Long-Term Debt	143 000	0	0	0
Total Current Debt	302 000	42 000	289 000	267 000
Total Equity and Debt	911 000	425 000	593 000	617 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	982 000	2 233 000	2 637 000	3 305 000
Other Income	0	91 000	15 000	0
Revenue	982 000	2 323 000	2 651 000	3 305 000
Cost of Goods Sold	317 000	800 000	825 000	1 165 000
Salary Costs	336 000	898 000	1 226 000	1 403 000
Depreciation	31 000	47 000	50 000	51 000
Impairment	0	0	0	0
Expenditure	872 000	2 218 000	2 684 000	3 230 000
Operating Profit	110 000	104 000	−33 000	74 000
Financial Income	1 000	0	0	0
Financial Costs	10 000	0	0	3 000
Financial Balance	−9 000	0	0	−3 000
Dividends	0	0	0	0
Net Income	84 000	79 000	−45 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	186 000	42 000	53 000	103 000
Total Tangible Assets	186 000	42 000	53 000	103 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	186 000	42 000	53 000	103 000
Stock	58 000	0	71 000	108 000
Total Investments	0	0	0	0
Cash, Bank	541 000	354 000	449 000	206 000
Total Current Assets	725 000	383 000	540 000	513 000
Total Assets	911 000	425 000	593 000	617 000
Total Equity	466 000	383 000	304 000	349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	143 000	0	0	0
Creditors	88 000	6 000	27 000	6 000
Unpaid Taxes	124 000	0	91 000	92 000
Dividends	0	0	0	0
Other Current Debt	73 000	11 000	159 000	158 000
Total Current Debt	302 000	42 000	289 000	267 000
Total Equity and Debt	911 000	425 000	593 000	617 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,03 %	20,63 %	−14,8 %	17,19 %
Debt-to-Equity Ratio	0,31	0	0	0
Operating Profit Margin	11,2 %	4,48 %	−1,24 %	2,24 %
Current Ratio	2,4	9,12	1,87	1,92
Quick Ratio	2,97	9,12	2,48	3,23
Equity Ratio	0,51	0,9	0,51	0,57
Gross Profit Margin	67,72 %	65,56 %	68,88 %	64,75 %