ARCTIC ACTIVITY AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

−33,33 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 000	5 000	40 000	123 000
Net Income	−8 000	−32 000	0	28 000
Total Assets	24 000	72 000	106 000	369 000
Total Equity	24 000	31 000	103 000	104 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 000	5 000	40 000	123 000
Expenditure	18 000	36 000	38 000	32 000
Operating Profit	−8 000	−32 000	2 000	91 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−8 000	−32 000	2 000	92 000
Tax	0	0	2 000	64 000
Net Income	−8 000	−32 000	0	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	32 000	57 000
Total Current Assets	24 000	72 000	74 000	312 000
Total Assets	24 000	72 000	106 000	369 000
Total Retained Equity	−6 000	1 000	73 000	−222 000
Total Equity	24 000	31 000	103 000	104 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	41 000	2 000	265 000
Total Equity and Debt	24 000	72 000	106 000	369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	5 000	40 000	123 000
Other Income	0	0	0	0
Revenue	10 000	5 000	40 000	123 000
Cost of Goods Sold	8 000	0	1 000	3 000
Salary Costs	0	0	0	0
Depreciation	0	6 000	25 000	19 000
Impairment	0	0	0	0
Expenditure	18 000	36 000	38 000	32 000
Operating Profit	−8 000	−32 000	2 000	91 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	40 000	0	250 000
Net Income	−8 000	−32 000	0	28 000

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	0	0	32 000	57 000
Total Tangible Assets	0	0	32 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	32 000	57 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	72 000	69 000	308 000
Total Current Assets	24 000	72 000	74 000	312 000
Total Assets	24 000	72 000	106 000	369 000
Total Equity	24 000	31 000	103 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	40 000	0	250 000
Other Current Debt	0	0	0	0
Total Current Debt	0	41 000	2 000	265 000
Total Equity and Debt	24 000	72 000	106 000	369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,33 %	−103,23 %	0 %	26,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−80 %	−640 %	5 %	73,98 %
Current Ratio	-	1,76	37	1,18
Quick Ratio	-	1,76	37	1,18
Equity Ratio	1	0,43	0,97	0,28
Gross Profit Margin	20 %	100 %	97,5 %	97,56 %