ARCTIC GROUP INTERNATIONAL AS

0164 OSLO

Finances

Share Ownership

Return on Equity

1,8 %

Current Ratio

194,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 000	0	294 000	100 000
Net Income	7 000	−1 000	46 000	7 000
Total Assets	389 000	504 000	395 000	338 000
Total Equity	388 000	380 000	382 000	336 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 000	0	294 000	100 000
Expenditure	43 000	1 000	236 000	83 000
Operating Profit	9 000	−1 000	58 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	8 000
Financial Balance	0	0	0	−8 000
Earnings Before Tax	9 000	−1 000	58 000	9 000
Tax	2 000	0	13 000	2 000
Net Income	7 000	−1 000	46 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	8 000
Total Current Assets	389 000	504 000	395 000	330 000
Total Assets	389 000	504 000	395 000	338 000
Total Retained Equity	238 000	230 000	232 000	186 000
Total Equity	388 000	380 000	382 000	336 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 000	123 000	13 000	2 000
Total Equity and Debt	389 000	504 000	395 000	338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 000	0	0	0
Other Income	0	0	294 000	100 000
Revenue	52 000	0	294 000	100 000
Cost of Goods Sold	0	0	150 000	83 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	43 000	1 000	236 000	83 000
Operating Profit	9 000	−1 000	58 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	8 000
Financial Balance	0	0	0	−8 000
Dividends	0	0	0	0
Net Income	7 000	−1 000	46 000	7 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	8 000
Total Fixed Assets	0	0	0	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	504 000	65 000	1 000
Total Current Assets	389 000	504 000	395 000	330 000
Total Assets	389 000	504 000	395 000	338 000
Total Equity	388 000	380 000	382 000	336 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	123 000	0	0
Total Current Debt	2 000	123 000	13 000	2 000
Total Equity and Debt	389 000	504 000	395 000	338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,8 %	−0,26 %	12,04 %	2,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,31 %	-	19,73 %	18 %
Current Ratio	194,5	4,1	30,38	165
Quick Ratio	194,5	4,1	30,38	165
Equity Ratio	1	0,75	0,97	0,99
Gross Profit Margin	100 %	-	48,98 %	17 %