ARCTICA INVEST AS

4324 SANDNES

Finances

Return on Equity

−5,01 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−241 000	923 000	−217 000	−12 000
Total Assets	5 660 000	5 888 000	4 621 000	37 000
Total Equity	4 814 000	5 055 000	4 132 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	19 000	24 000	14 000	12 000
Operating Profit	−19 000	−24 000	−14 000	−12 000
Financial Income	−187 000	945 000	−196 000	0
Financial Costs	14 000	8 000	0	0
Financial Balance	−201 000	937 000	−196 000	0
Earnings Before Tax	−220 000	912 000	−211 000	−12 000
Tax	21 000	−11 000	6 000	0
Net Income	−241 000	923 000	−217 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 379 000	4 400 000	62 000	32 000
Total Current Assets	2 282 000	1 488 000	4 559 000	6 000
Total Assets	5 660 000	5 888 000	4 621 000	37 000
Total Retained Equity	4 607 000	4 848 000	3 925 000	−20 000
Total Equity	4 814 000	5 055 000	4 132 000	10 000
Total Long-Term Debt	846 000	832 000	483 000	18 000
Total Current Debt	0	0	6 000	9 000
Total Equity and Debt	5 660 000	5 888 000	4 621 000	37 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	24 000	14 000	12 000
Operating Profit	−19 000	−24 000	−14 000	−12 000
Financial Income	−187 000	945 000	−196 000	0
Financial Costs	14 000	8 000	0	0
Financial Balance	−201 000	937 000	−196 000	0
Dividends	0	0	0	0
Net Income	−241 000	923 000	−217 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	21 000	10 000	0
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	3 379 000	4 379 000	53 000	32 000
Total Fixed Assets	3 379 000	4 400 000	62 000	32 000
Stock	0	0	0	0
Total Investments	885 000	1 478 000	250 000	0
Cash, Bank	1 397 000	10 000	7 000	6 000
Total Current Assets	2 282 000	1 488 000	4 559 000	6 000
Total Assets	5 660 000	5 888 000	4 621 000	37 000
Total Equity	4 814 000	5 055 000	4 132 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	846 000	832 000	483 000	18 000
Creditors	0	0	0	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	6 000	9 000
Total Equity and Debt	5 660 000	5 888 000	4 621 000	37 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,01 %	18,26 %	−5,25 %	−120 %
Debt-to-Equity Ratio	0,18	0,16	0,12	1,8
Operating Profit Margin	-	-	-	-
Current Ratio	-	-	759,83	0,67
Quick Ratio	-	-	759,83	0,67
Equity Ratio	0,85	0,86	0,89	0,27
Gross Profit Margin	-	-	-	-