ARCTIC MEDICAL AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

40,95 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020
Revenue	5 417 000	2 718 000	93 000
Net Income	466 000	492 000	−260 000
Total Assets	3 429 000	2 215 000	864 000
Total Equity	1 138 000	672 000	180 000

Income (NOK)	2022	2021	2020
Revenue	5 417 000	2 718 000	93 000
Expenditure	4 709 000	2 051 000	408 000
Operating Profit	706 000	668 000	−315 000
Financial Income	21 000	2 000	1 000
Financial Costs	98 000	34 000	22 000
Financial Balance	−77 000	−32 000	−21 000
Earnings Before Tax	630 000	636 000	−336 000
Tax	164 000	144 000	−76 000
Net Income	466 000	492 000	−260 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 000	16 000	76 000
Total Current Assets	3 417 000	2 199 000	788 000
Total Assets	3 429 000	2 215 000	864 000
Total Retained Equity	698 000	232 000	−260 000
Total Equity	1 138 000	672 000	180 000
Total Long-Term Debt	503 000	501 000	500 000
Total Current Debt	1 789 000	1 042 000	184 000
Total Equity and Debt	3 429 000	2 215 000	864 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 417 000	2 718 000	93 000
Other Income	0	0	0
Revenue	5 417 000	2 718 000	93 000
Cost of Goods Sold	2 801 000	1 451 000	87 000
Salary Costs	898 000	276 000	166 000
Depreciation	3 000	1 000	0
Impairment	0	0	0
Expenditure	4 709 000	2 051 000	408 000
Operating Profit	706 000	668 000	−315 000
Financial Income	21 000	2 000	1 000
Financial Costs	98 000	34 000	22 000
Financial Balance	−77 000	−32 000	−21 000
Dividends	0	0	0
Net Income	466 000	492 000	−260 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	76 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	12 000	16 000	0
Total Tangible Assets	12 000	16 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	12 000	16 000	76 000
Stock	1 435 000	788 000	639 000
Total Investments	0	0	0
Cash, Bank	1 485 000	787 000	110 000
Total Current Assets	3 417 000	2 199 000	788 000
Total Assets	3 429 000	2 215 000	864 000
Total Equity	1 138 000	672 000	180 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	503 000	501 000	500 000
Creditors	1 273 000	651 000	65 000
Unpaid Taxes	174 000	128 000	18 000
Dividends	0	0	0
Other Current Debt	180 000	196 000	101 000
Total Current Debt	1 789 000	1 042 000	184 000
Total Equity and Debt	3 429 000	2 215 000	864 000

Financial indicators	2022	2021	2020
Return on Equity	40,95 %	73,21 %	−144,44 %
Debt-to-Equity Ratio	0,44	0,75	2,78
Operating Profit Margin	13,03 %	24,58 %	−338,71 %
Current Ratio	1,91	2,11	4,28
Quick Ratio	9,65	8,66	−1,73
Equity Ratio	0,33	0,3	0,21
Gross Profit Margin	48,29 %	46,62 %	6,45 %