ATLANTIC CROSSING PRODUCTION AS

0172 OSLO

Finances

Share Ownership

Return on Equity

81,47 %

Current Ratio

0,05

Debt-to-Equity Ratio

−0,32

Key figures (NOK)	2021	2020	2019	2018
Revenue	486 000	249 266 000	0	0
Net Income	−16 637 000	−4 179 000	−105 000	2 000
Total Assets	670 000	52 933 000	59 500 000	25 521 000
Total Equity	−20 421 000	−3 783 000	−73 000	32 000

Income (NOK)	2021	2020	2019	2018
Revenue	486 000	249 266 000	0	0
Expenditure	16 498 000	253 519 000	72 000	12 000
Operating Profit	−16 012 000	−4 253 000	−72 000	−12 000
Financial Income	18 000	134 000	26 000	67 000
Financial Costs	644 000	193 000	59 000	39 000
Financial Balance	−626 000	−59 000	−33 000	28 000
Earnings Before Tax	−16 637 000	−4 312 000	−105 000	17 000
Tax	0	−132 000	0	15 000
Net Income	−16 637 000	−4 179 000	−105 000	2 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	1 500 000	1 500 000
Total Current Assets	670 000	52 933 000	58 000 000	24 021 000
Total Assets	670 000	52 933 000	59 500 000	25 521 000
Total Retained Equity	−20 451 000	−3 813 000	−103 000	2 000
Total Equity	−20 421 000	−3 783 000	−73 000	32 000
Total Long-Term Debt	6 438 000	29 269 000	55 505 000	0
Total Current Debt	14 653 000	27 448 000	4 068 000	25 489 000
Total Equity and Debt	670 000	52 933 000	59 500 000	25 521 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	486 000	249 266 000	0	0
Other Income	0	0	0	0
Revenue	486 000	249 266 000	0	0
Cost of Goods Sold	2 571 000	253 446 000	0	0
Salary Costs	17 000	70 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 498 000	253 519 000	72 000	12 000
Operating Profit	−16 012 000	−4 253 000	−72 000	−12 000
Financial Income	18 000	134 000	26 000	67 000
Financial Costs	644 000	193 000	59 000	39 000
Financial Balance	−626 000	−59 000	−33 000	28 000
Dividends	0	0	0	0
Net Income	−16 637 000	−4 179 000	−105 000	2 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 500 000	1 500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	1 500 000	1 500 000
Stock	0	0	45 629 000	0
Total Investments	0	0	0	0
Cash, Bank	13 000	1 892 000	353 000	3 392 000
Total Current Assets	670 000	52 933 000	58 000 000	24 021 000
Total Assets	670 000	52 933 000	59 500 000	25 521 000
Total Equity	−20 421 000	−3 783 000	−73 000	32 000
Short-Term Group Debt	8 404 000	12 842 000	0	0
Total Long-Term Debt	6 438 000	29 269 000	55 505 000	0
Creditors	1 061 000	2 558 000	2 244 000	1 397 000
Unpaid Taxes	6 000	13 000	223 000	587 000
Dividends	0	0	0	0
Other Current Debt	5 182 000	12 034 000	1 601 000	23 490 000
Total Current Debt	14 653 000	27 448 000	4 068 000	25 489 000
Total Equity and Debt	670 000	52 933 000	59 500 000	25 521 000

Financial indicators	2021	2020	2019	2018
Return on Equity	81,47 %	110,47 %	143,84 %	6,25 %
Debt-to-Equity Ratio	−0,32	−7,74	−760,34	0
Operating Profit Margin	−3 294,65 %	−1,71 %	-	-
Current Ratio	0,05	1,93	14,26	0,94
Quick Ratio	0,05	1,93	−1,4	0,94
Equity Ratio	−30,48	−0,07	−0	0
Gross Profit Margin	−429,01 %	−1,68 %	-	-