ARCTIC PROJECT CONSULTING AS

9450 HAMNVIK

Finances

Share Ownership

Return on Equity

13,13 %

Current Ratio

0,46

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 208 000	1 117 000	1 191 000	1 687 000
Net Income	525 000	−150 000	−47 000	351 000
Total Assets	6 771 000	3 653 000	4 008 000	4 643 000
Total Equity	3 999 000	3 474 000	3 624 000	3 671 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 208 000	1 117 000	1 191 000	1 687 000
Expenditure	1 468 000	1 313 000	1 241 000	1 222 000
Operating Profit	740 000	−195 000	−50 000	465 000
Financial Income	1 000	3 000	7 000	10 000
Financial Costs	67 000	0	17 000	23 000
Financial Balance	−66 000	3 000	−10 000	−13 000
Earnings Before Tax	674 000	−192 000	−60 000	452 000
Tax	148 000	−42 000	−13 000	101 000
Net Income	525 000	−150 000	−47 000	351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 167 000	2 350 000	2 747 000	3 145 000
Total Current Assets	604 000	1 304 000	1 261 000	1 498 000
Total Assets	6 771 000	3 653 000	4 008 000	4 643 000
Total Retained Equity	3 899 000	3 374 000	3 524 000	3 571 000
Total Equity	3 999 000	3 474 000	3 624 000	3 671 000
Total Long-Term Debt	1 461 000	62 000	104 000	109 000
Total Current Debt	1 311 000	118 000	281 000	864 000
Total Equity and Debt	6 771 000	3 653 000	4 008 000	4 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 944 000	1 117 000	1 191 000	1 683 000
Other Income	264 000	0	0	4 000
Revenue	2 208 000	1 117 000	1 191 000	1 687 000
Cost of Goods Sold	14 000	0	0	0
Salary Costs	665 000	586 000	496 000	450 000
Depreciation	402 000	398 000	398 000	391 000
Impairment	0	0	0	0
Expenditure	1 468 000	1 313 000	1 241 000	1 222 000
Operating Profit	740 000	−195 000	−50 000	465 000
Financial Income	1 000	3 000	7 000	10 000
Financial Costs	67 000	0	17 000	23 000
Financial Balance	−66 000	3 000	−10 000	−13 000
Dividends	0	0	0	0
Net Income	525 000	−150 000	−47 000	351 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 200 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	16 000	25 000	34 000	43 000
Fixtures	21 000	67 000	130 000	192 000
Total Tangible Assets	1 967 000	2 350 000	2 747 000	3 145 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 167 000	2 350 000	2 747 000	3 145 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	550 000	1 262 000	961 000	1 462 000
Total Current Assets	604 000	1 304 000	1 261 000	1 498 000
Total Assets	6 771 000	3 653 000	4 008 000	4 643 000
Total Equity	3 999 000	3 474 000	3 624 000	3 671 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 461 000	62 000	104 000	109 000
Creditors	−7 000	23 000	36 000	14 000
Unpaid Taxes	129 000	62 000	226 000	19 000
Dividends	0	0	0	0
Other Current Debt	1 040 000	32 000	19 000	739 000
Total Current Debt	1 311 000	118 000	281 000	864 000
Total Equity and Debt	6 771 000	3 653 000	4 008 000	4 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,13 %	−4,32 %	−1,3 %	9,56 %
Debt-to-Equity Ratio	0,37	0,02	0,03	0,03
Operating Profit Margin	33,51 %	−17,46 %	−4,2 %	27,56 %
Current Ratio	0,46	11,05	4,49	1,73
Quick Ratio	0,46	11,05	4,49	1,73
Equity Ratio	0,59	0,95	0,9	0,79
Gross Profit Margin	99,37 %	100 %	100 %	100 %