BTG ARROW II AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

34,8 %

Current Ratio

0,8

Debt-to-Equity Ratio

1,91

Key figures (USD)	2022	2021	2020	2019
Revenue	8 680 000	6 309 000	0	0
Net Income	3 760 000	1 152 000	−156 000	−61 000
Total Assets	35 103 000	35 503 000	11 878 000	3 971 000
Total Equity	10 805 000	11 636 000	1 384 000	1 540 000

Income (USD)	2022	2021	2020	2019
Revenue	8 680 000	6 309 000	0	0
Expenditure	3 401 000	3 334 000	3 000	4 000
Operating Profit	5 279 000	2 975 000	−3 000	−4 000
Financial Income	80 000	0	13 000	0
Financial Costs	1 599 000	1 823 000	166 000	57 000
Financial Balance	−1 519 000	−1 823 000	−153 000	−57 000
Earnings Before Tax	3 760 000	1 152 000	−156 000	−61 000
Tax	0	0	0	0
Net Income	3 760 000	1 152 000	−156 000	−61 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	32 199 000	33 350 000	11 502 000	3 958 000
Total Current Assets	2 904 000	2 153 000	376 000	13 000
Total Assets	35 103 000	35 503 000	11 878 000	3 971 000
Total Retained Equity	321 000	1 152 000	0	−81 000
Total Equity	10 805 000	11 636 000	1 384 000	1 540 000
Total Long-Term Debt	20 685 000	22 188 000	9 717 000	2 155 000
Total Current Debt	3 613 000	1 679 000	777 000	276 000
Total Equity and Debt	35 103 000	35 503 000	11 878 000	3 971 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	8 680 000	6 309 000	0	0
Revenue	8 680 000	6 309 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 302 000	1 248 000	0	0
Impairment	0	0	0	0
Expenditure	3 401 000	3 334 000	3 000	4 000
Operating Profit	5 279 000	2 975 000	−3 000	−4 000
Financial Income	80 000	0	13 000	0
Financial Costs	1 599 000	1 823 000	166 000	57 000
Financial Balance	−1 519 000	−1 823 000	−153 000	−57 000
Dividends	0	0	0	0
Net Income	3 760 000	1 152 000	−156 000	−61 000

Balance details (USD)	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	0	0
Total Tangible Assets	32 048 000	33 350 000	0	0
Total Fiancial Fixed Assets	151 000	0	11 502 000	3 958 000
Total Fixed Assets	32 199 000	33 350 000	11 502 000	3 958 000
Stock	41 000	59 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 526 000	944 000	32 000	13 000
Total Current Assets	2 904 000	2 153 000	376 000	13 000
Total Assets	35 103 000	35 503 000	11 878 000	3 971 000
Total Equity	10 805 000	11 636 000	1 384 000	1 540 000
Short-Term Group Debt	1 900 000	0	333 000	74 000
Total Long-Term Debt	20 685 000	22 188 000	9 717 000	2 155 000
Creditors	130 000	197 000	285 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 569 000	82 000	159 000	202 000
Total Current Debt	3 613 000	1 679 000	777 000	276 000
Total Equity and Debt	35 103 000	35 503 000	11 878 000	3 971 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,8 %	9,9 %	−11,27 %	−3,96 %
Debt-to-Equity Ratio	1,91	1,91	7,02	1,4
Operating Profit Margin	60,82 %	47,15 %	-	-
Current Ratio	0,8	1,28	0,48	0,05
Quick Ratio	0,81	1,33	0,48	0,05
Equity Ratio	0,31	0,33	0,12	0,39
Gross Profit Margin	100 %	100 %	-	-