ARKTISK HORISONT AS

9980 BERLEVÅG

Finances

Share Ownership

Return on Equity

73,43 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 853 000	948 000	0	0
Net Income	1 224 000	215 000	−67 000	−31 000
Total Assets	3 481 000	588 000	244 000	311 000
Total Equity	1 667 000	443 000	228 000	295 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 853 000	948 000	0	0
Expenditure	1 259 000	699 000	62 000	31 000
Operating Profit	1 595 000	248 000	−62 000	−31 000
Financial Income	0	0	0	0
Financial Costs	0	0	4 000	0
Financial Balance	0	0	−4 000	0
Earnings Before Tax	1 594 000	248 000	−67 000	−31 000
Tax	371 000	33 000	0	0
Net Income	1 224 000	215 000	−67 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 818 000	475 000	0	13 000
Total Current Assets	1 662 000	113 000	244 000	297 000
Total Assets	3 481 000	588 000	244 000	311 000
Total Retained Equity	1 646 000	423 000	208 000	274 000
Total Equity	1 667 000	443 000	228 000	295 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 814 000	145 000	16 000	16 000
Total Equity and Debt	3 481 000	588 000	244 000	311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	373 000	813 000	0	0
Other Income	2 481 000	134 000	0	0
Revenue	2 853 000	948 000	0	0
Cost of Goods Sold	22 000	187 000	0	0
Salary Costs	1 050 000	456 000	30 000	0
Depreciation	93 000	14 000	13 000	15 000
Impairment	0	0	0	0
Expenditure	1 259 000	699 000	62 000	31 000
Operating Profit	1 595 000	248 000	−62 000	−31 000
Financial Income	0	0	0	0
Financial Costs	0	0	4 000	0
Financial Balance	0	0	−4 000	0
Dividends	0	0	0	0
Net Income	1 224 000	215 000	−67 000	−31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 818 000	475 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	13 000
Total Tangible Assets	1 818 000	475 000	0	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 818 000	475 000	0	13 000
Stock	0	0	165 000	0
Total Investments	0	0	0	10 000
Cash, Bank	1 637 000	105 000	53 000	286 000
Total Current Assets	1 662 000	113 000	244 000	297 000
Total Assets	3 481 000	588 000	244 000	311 000
Total Equity	1 667 000	443 000	228 000	295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	2 000	0
Unpaid Taxes	83 000	47 000	−1 000	0
Dividends	0	0	0	0
Other Current Debt	1 358 000	64 000	15 000	15 000
Total Current Debt	1 814 000	145 000	16 000	16 000
Total Equity and Debt	3 481 000	588 000	244 000	311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,43 %	48,53 %	−29,39 %	−10,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	55,91 %	26,16 %	-	-
Current Ratio	0,92	0,78	15,25	18,56
Quick Ratio	0,92	0,78	−1,64	18,56
Equity Ratio	0,48	0,75	0,93	0,95
Gross Profit Margin	99,23 %	80,27 %	-	-