ARCTIC CIRCUS AS

1339 VØYENENGA

Finances

Return on Equity

172,86 %

Current Ratio

0,7

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 598 000	1 448 000	48 000	120 000
Net Income	−242 000	105 000	−95 000	−49 000
Total Assets	754 000	1 760 000	230 000	298 000
Total Equity	−140 000	102 000	−3 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 598 000	1 448 000	48 000	120 000
Expenditure	2 838 000	1 344 000	140 000	168 000
Operating Profit	−241 000	105 000	−93 000	−49 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	1 000
Financial Balance	−1 000	0	−2 000	−1 000
Earnings Before Tax	−242 000	105 000	−95 000	−49 000
Tax	0	0	0	0
Net Income	−242 000	105 000	−95 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	164 000	217 000	288 000
Total Current Assets	629 000	1 595 000	13 000	10 000
Total Assets	754 000	1 760 000	230 000	298 000
Total Retained Equity	−250 000	−8 000	−113 000	−19 000
Total Equity	−140 000	102 000	−3 000	91 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	894 000	1 658 000	234 000	207 000
Total Equity and Debt	754 000	1 760 000	230 000	298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 598 000	1 448 000	48 000	120 000
Other Income	0	0	0	0
Revenue	2 598 000	1 448 000	48 000	120 000
Cost of Goods Sold	2 694 000	1 075 000	0	0
Salary Costs	0	0	0	0
Depreciation	39 000	53 000	71 000	96 000
Impairment	0	176 000	0	0
Expenditure	2 838 000	1 344 000	140 000	168 000
Operating Profit	−241 000	105 000	−93 000	−49 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	1 000
Financial Balance	−1 000	0	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−242 000	105 000	−95 000	−49 000

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	125 000	164 000	217 000	288 000
Total Tangible Assets	125 000	164 000	217 000	288 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	125 000	164 000	217 000	288 000
Stock	94 000	1 176 000	0	0
Total Investments	0	0	0	0
Cash, Bank	0	155 000	5 000	10 000
Total Current Assets	629 000	1 595 000	13 000	10 000
Total Assets	754 000	1 760 000	230 000	298 000
Total Equity	−140 000	102 000	−3 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 133 000	0	0
Unpaid Taxes	209 000	0	0	5 000
Dividends	0	0	0	0
Other Current Debt	685 000	525 000	234 000	202 000
Total Current Debt	894 000	1 658 000	234 000	207 000
Total Equity and Debt	754 000	1 760 000	230 000	298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	172,86 %	102,94 %	3 166,67 %	−53,85 %
Debt-to-Equity Ratio	−0	0	−0	0
Operating Profit Margin	−9,28 %	7,25 %	−193,75 %	−40,83 %
Current Ratio	0,7	0,96	0,06	0,05
Quick Ratio	0,79	3,31	0,06	0,05
Equity Ratio	−0,19	0,06	−0,01	0,31
Gross Profit Margin	−3,7 %	25,76 %	100 %	100 %