ARCTIC COAT AS

0768 OSLO

Finances

Share Ownership

Return on Equity

64,86 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 269 000	1 502 000	585 000	0
Net Income	−288 000	−106 000	−68 000	−6 000
Total Assets	843 000	361 000	368 000	18 000
Total Equity	−444 000	−155 000	−49 000	18 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 269 000	1 502 000	585 000	0
Expenditure	1 552 000	1 606 000	652 000	4 000
Operating Profit	−282 000	−105 000	−68 000	−4 000
Financial Income	0	0	0	0
Financial Costs	6 000	1 000	0	0
Financial Balance	−6 000	−1 000	0	0
Earnings Before Tax	−288 000	−106 000	−68 000	−4 000
Tax	0	0	0	2 000
Net Income	−288 000	−106 000	−68 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	0	0	0
Total Current Assets	811 000	361 000	368 000	18 000
Total Assets	843 000	361 000	368 000	18 000
Total Retained Equity	−468 000	−179 000	−73 000	−6 000
Total Equity	−444 000	−155 000	−49 000	18 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 286 000	516 000	417 000	0
Total Equity and Debt	843 000	361 000	368 000	18 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	19 000	0	0
Other Income	1 246 000	1 483 000	585 000	0
Revenue	1 269 000	1 502 000	585 000	0
Cost of Goods Sold	142 000	278 000	0	0
Salary Costs	686 000	804 000	445 000	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 552 000	1 606 000	652 000	4 000
Operating Profit	−282 000	−105 000	−68 000	−4 000
Financial Income	0	0	0	0
Financial Costs	6 000	1 000	0	0
Financial Balance	−6 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−288 000	−106 000	−68 000	−6 000

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	32 000	0	0	0
Total Tangible Assets	32 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	692 000	312 000	104 000	18 000
Total Current Assets	811 000	361 000	368 000	18 000
Total Assets	843 000	361 000	368 000	18 000
Total Equity	−444 000	−155 000	−49 000	18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	604 000	2 000	20 000	0
Unpaid Taxes	9 000	67 000	67 000	0
Dividends	0	0	0	0
Other Current Debt	673 000	447 000	330 000	0
Total Current Debt	1 286 000	516 000	417 000	0
Total Equity and Debt	843 000	361 000	368 000	18 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,86 %	68,39 %	138,78 %	−33,33 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−22,22 %	−6,99 %	−11,62 %	-
Current Ratio	0,63	0,7	0,88	-
Quick Ratio	0,63	0,7	0,88	-
Equity Ratio	−0,53	−0,43	−0,13	1
Gross Profit Margin	88,81 %	81,49 %	100 %	-