ULLA ARCTIC AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

21,26 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 663 000	38 000	0	574 000
Net Income	−269 000	−1 117 000	−2 328 000	−813 000
Total Assets	1 320 000	1 236 000	2 961 000	1 386 000
Total Equity	−1 265 000	−996 000	121 000	549 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 663 000	38 000	0	574 000
Expenditure	3 927 000	1 155 000	2 326 000	1 396 000
Operating Profit	−264 000	−1 117 000	−2 325 000	−821 000
Financial Income	−1 000	0	0	0
Financial Costs	5 000	0	2 000	1 000
Financial Balance	−6 000	0	−2 000	−1 000
Earnings Before Tax	−269 000	−1 117 000	−2 328 000	−822 000
Tax	0	0	0	−9 000
Net Income	−269 000	−1 117 000	−2 328 000	−813 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	860 000	847 000	907 000	958 000
Total Current Assets	459 000	388 000	2 054 000	428 000
Total Assets	1 320 000	1 236 000	2 961 000	1 386 000
Total Retained Equity	−2 616 000	−2 346 000	−1 230 000	−802 000
Total Equity	−1 265 000	−996 000	121 000	549 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 585 000	2 231 000	2 840 000	837 000
Total Equity and Debt	1 320 000	1 236 000	2 961 000	1 386 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 663 000	38 000	0	574 000
Other Income	0	0	0	0
Revenue	3 663 000	38 000	0	574 000
Cost of Goods Sold	1 290 000	0	0	0
Salary Costs	15 000	0	0	33 000
Depreciation	61 000	55 000	51 000	51 000
Impairment	0	0	0	0
Expenditure	3 927 000	1 155 000	2 326 000	1 396 000
Operating Profit	−264 000	−1 117 000	−2 325 000	−821 000
Financial Income	−1 000	0	0	0
Financial Costs	5 000	0	2 000	1 000
Financial Balance	−6 000	0	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−269 000	−1 117 000	−2 328 000	−813 000

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	16 000	29 000
Fixtures	51 000	0	0	0
Total Tangible Assets	856 000	843 000	898 000	949 000
Total Fiancial Fixed Assets	4 000	4 000	9 000	9 000
Total Fixed Assets	860 000	847 000	907 000	958 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	356 000	388 000	2 050 000	365 000
Total Current Assets	459 000	388 000	2 054 000	428 000
Total Assets	1 320 000	1 236 000	2 961 000	1 386 000
Total Equity	−1 265 000	−996 000	121 000	549 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	193 000	−57 000	3 000	1 000
Unpaid Taxes	0	0	0	−1 000
Dividends	0	0	0	0
Other Current Debt	2 392 000	2 288 000	2 838 000	837 000
Total Current Debt	2 585 000	2 231 000	2 840 000	837 000
Total Equity and Debt	1 320 000	1 236 000	2 961 000	1 386 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,26 %	112,15 %	−1 923,97 %	−148,09 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−7,21 %	−2 939,47 %	-	−143,03 %
Current Ratio	0,18	0,17	0,72	0,51
Quick Ratio	0,18	0,17	0,72	0,51
Equity Ratio	−0,96	−0,81	0,04	0,4
Gross Profit Margin	64,78 %	100 %	-	100 %