ARCTIC ENERGY PARTNERS

9600 HAMMERFEST

Finances

Return on Equity

−33,02 %

Current Ratio

2,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 290 000	6 148 000	4 390 000	4 930 000
Net Income	−761 000	−26 000	34 000	−84 000
Total Assets	3 416 000	4 814 000	3 993 000	3 787 000
Total Equity	2 305 000	3 066 000	3 092 000	3 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 290 000	6 148 000	4 390 000	4 930 000
Expenditure	6 049 000	6 174 000	4 355 000	5 014 000
Operating Profit	−758 000	−26 000	35 000	−84 000
Financial Income	0	0	1 000	2 000
Financial Costs	3 000	0	1 000	2 000
Financial Balance	−3 000	0	0	0
Earnings Before Tax	−761 000	−26 000	34 000	−84 000
Tax	0	0	0	0
Net Income	−761 000	−26 000	34 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	364 000	352 000	77 000	102 000
Total Current Assets	3 052 000	4 462 000	3 916 000	3 685 000
Total Assets	3 416 000	4 814 000	3 993 000	3 787 000
Total Retained Equity	2 305 000	3 066 000	3 092 000	3 058 000
Total Equity	2 305 000	3 066 000	3 092 000	3 058 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 110 000	1 748 000	900 000	729 000
Total Equity and Debt	3 416 000	4 814 000	3 993 000	3 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 224 000	5 132 000	4 390 000	4 782 000
Other Income	66 000	1 016 000	0	148 000
Revenue	5 290 000	6 148 000	4 390 000	4 930 000
Cost of Goods Sold	1 099 000	2 668 000	881 000	961 000
Salary Costs	3 372 000	2 819 000	2 609 000	2 751 000
Depreciation	36 000	25 000	25 000	6 000
Impairment	0	0	0	0
Expenditure	6 049 000	6 174 000	4 355 000	5 014 000
Operating Profit	−758 000	−26 000	35 000	−84 000
Financial Income	0	0	1 000	2 000
Financial Costs	3 000	0	1 000	2 000
Financial Balance	−3 000	0	0	0
Dividends	0	0	0	0
Net Income	−761 000	−26 000	34 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	52 000	77 000	102 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	0	0	0
Total Tangible Assets	26 000	0	0	0
Total Fiancial Fixed Assets	300 000	300 000	0	0
Total Fixed Assets	364 000	352 000	77 000	102 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 772 000	2 789 000	3 020 000	3 244 000
Total Current Assets	3 052 000	4 462 000	3 916 000	3 685 000
Total Assets	3 416 000	4 814 000	3 993 000	3 787 000
Total Equity	2 305 000	3 066 000	3 092 000	3 058 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	312 000	206 000	18 000	12 000
Unpaid Taxes	192 000	162 000	160 000	213 000
Dividends	0	0	0	0
Other Current Debt	606 000	1 380 000	722 000	504 000
Total Current Debt	1 110 000	1 748 000	900 000	729 000
Total Equity and Debt	3 416 000	4 814 000	3 993 000	3 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,02 %	−0,85 %	1,1 %	−2,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,33 %	−0,42 %	0,8 %	−1,7 %
Current Ratio	2,75	2,55	4,35	5,05
Quick Ratio	2,75	2,55	4,35	5,05
Equity Ratio	0,67	0,64	0,77	0,81
Gross Profit Margin	79,22 %	56,6 %	79,93 %	80,51 %