ARCTIC ACTION AS

9008 TROMSØ

Finances

Return on Equity

−167,39 %

Current Ratio

1,17

Debt-to-Equity Ratio

−1,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 259 000	521 000	1 326 000	859 000
Net Income	308 000	104 000	−265 000	222 000
Total Assets	747 000	473 000	1 058 000	746 000
Total Equity	−184 000	−492 000	−596 000	−331 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 259 000	521 000	1 326 000	859 000
Expenditure	889 000	438 000	1 592 000	591 000
Operating Profit	371 000	83 000	−265 000	268 000
Financial Income	0	1 000	0	0
Financial Costs	1 000	1 000	0	46 000
Financial Balance	−1 000	0	0	−46 000
Earnings Before Tax	370 000	83 000	−265 000	222 000
Tax	62 000	−21 000	0	0
Net Income	308 000	104 000	−265 000	222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	1 000
Total Current Assets	747 000	473 000	1 058 000	745 000
Total Assets	747 000	473 000	1 058 000	746 000
Total Retained Equity	−222 000	−530 000	−634 000	−369 000
Total Equity	−184 000	−492 000	−596 000	−331 000
Total Long-Term Debt	294 000	0	0	0
Total Current Debt	636 000	965 000	1 654 000	1 076 000
Total Equity and Debt	747 000	473 000	1 058 000	746 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 259 000	431 000	1 306 000	859 000
Other Income	0	90 000	21 000	0
Revenue	1 259 000	521 000	1 326 000	859 000
Cost of Goods Sold	365 000	0	709 000	90 000
Salary Costs	209 000	285 000	725 000	19 000
Depreciation	0	0	1 000	7 000
Impairment	0	0	0	0
Expenditure	889 000	438 000	1 592 000	591 000
Operating Profit	371 000	83 000	−265 000	268 000
Financial Income	0	1 000	0	0
Financial Costs	1 000	1 000	0	46 000
Financial Balance	−1 000	0	0	−46 000
Dividends	0	0	0	0
Net Income	308 000	104 000	−265 000	222 000

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	1 000
Total Tangible Assets	0	0	0	1 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	538 000	209 000	255 000	113 000
Total Current Assets	747 000	473 000	1 058 000	745 000
Total Assets	747 000	473 000	1 058 000	746 000
Total Equity	−184 000	−492 000	−596 000	−331 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	294 000	0	0	0
Creditors	191 000	249 000	249 000	249 000
Unpaid Taxes	11 000	100 000	261 000	19 000
Dividends	0	0	0	0
Other Current Debt	372 000	615 000	1 144 000	808 000
Total Current Debt	636 000	965 000	1 654 000	1 076 000
Total Equity and Debt	747 000	473 000	1 058 000	746 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−167,39 %	−21,14 %	44,46 %	−67,07 %
Debt-to-Equity Ratio	−1,6	−0	−0	−0
Operating Profit Margin	29,47 %	15,93 %	−19,98 %	31,2 %
Current Ratio	1,17	0,49	0,64	0,69
Quick Ratio	1,17	0,49	0,64	0,69
Equity Ratio	−0,25	−1,04	−0,56	−0,44
Gross Profit Margin	71,01 %	100 %	46,53 %	89,52 %