ARCTIC VISION CONSULTING AS

1553 SON

Finances

Share Ownership

Return on Equity

−38,19 %

Current Ratio

1,3

Debt-to-Equity Ratio

−1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	777 000	535 000	330 000	728 000
Net Income	97 000	131 000	−32 000	−319 000
Total Assets	279 000	181 000	48 000	158 000
Total Equity	−254 000	−351 000	−482 000	−450 000

Income (NOK)	2022	2021	2020	2019
Revenue	777 000	535 000	330 000	728 000
Expenditure	676 000	405 000	358 000	1 047 000
Operating Profit	100 000	131 000	−28 000	−319 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	4 000	1 000
Financial Balance	−3 000	0	−4 000	−1 000
Earnings Before Tax	97 000	131 000	−32 000	−319 000
Tax	0	0	0	0
Net Income	97 000	131 000	−32 000	−319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	11 000	5 000	11 000
Total Current Assets	273 000	169 000	43 000	147 000
Total Assets	279 000	181 000	48 000	158 000
Total Retained Equity	−364 000	−461 000	−592 000	−560 000
Total Equity	−254 000	−351 000	−482 000	−450 000
Total Long-Term Debt	323 000	323 000	425 000	425 000
Total Current Debt	210 000	209 000	105 000	184 000
Total Equity and Debt	279 000	181 000	48 000	158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	777 000	535 000	330 000	727 000
Other Income	0	0	0	1 000
Revenue	777 000	535 000	330 000	728 000
Cost of Goods Sold	34 000	53 000	21 000	2 000
Salary Costs	302 000	56 000	162 000	705 000
Depreciation	5 000	5 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	676 000	405 000	358 000	1 047 000
Operating Profit	100 000	131 000	−28 000	−319 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	4 000	1 000
Financial Balance	−3 000	0	−4 000	−1 000
Dividends	0	0	0	0
Net Income	97 000	131 000	−32 000	−319 000

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	6 000	11 000	5 000	11 000
Total Tangible Assets	6 000	11 000	5 000	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	11 000	5 000	11 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 000	40 000	5 000	62 000
Total Current Assets	273 000	169 000	43 000	147 000
Total Assets	279 000	181 000	48 000	158 000
Total Equity	−254 000	−351 000	−482 000	−450 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	323 000	323 000	425 000	425 000
Creditors	33 000	50 000	10 000	7 000
Unpaid Taxes	74 000	88 000	23 000	73 000
Dividends	0	0	0	0
Other Current Debt	103 000	72 000	72 000	103 000
Total Current Debt	210 000	209 000	105 000	184 000
Total Equity and Debt	279 000	181 000	48 000	158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,19 %	−37,32 %	6,64 %	70,89 %
Debt-to-Equity Ratio	−1,27	−0,92	−0,88	−0,94
Operating Profit Margin	12,87 %	24,49 %	−8,48 %	−43,82 %
Current Ratio	1,3	0,81	0,41	0,8
Quick Ratio	1,3	0,81	0,41	0,8
Equity Ratio	−0,91	−1,94	−10,04	−2,85
Gross Profit Margin	95,62 %	90,09 %	93,64 %	99,73 %