ARCTIC GROUP CAPITAL AS

9950 VARDØ

Finances

Return on Equity

−32,28 %

Current Ratio

16,48

Debt-to-Equity Ratio

−1,25

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	10 776 000	330 000	−111 000	−23 843 000
Total Assets	8 732 000	228 000	0	67 000
Total Equity	−33 384 000	−44 160 000	−44 490 000	−44 379 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	−2 044 000	150 000	281 000	638 000
Operating Profit	2 044 000	−150 000	−281 000	−638 000
Financial Income	0	0	0	0
Financial Costs	−8 732 000	−481 000	−170 000	23 204 000
Financial Balance	8 732 000	481 000	170 000	−23 204 000
Earnings Before Tax	10 776 000	330 000	−111 000	−23 843 000
Tax	0	0	0	0
Net Income	10 776 000	330 000	−111 000	−23 843 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	8 732 000	228 000	0	67 000
Total Assets	8 732 000	228 000	0	67 000
Total Retained Equity	−33 474 000	−44 250 000	−44 580 000	−44 469 000
Total Equity	−33 384 000	−44 160 000	−44 490 000	−44 379 000
Total Long-Term Debt	41 587 000	43 770 000	43 770 000	43 770 000
Total Current Debt	530 000	618 000	721 000	676 000
Total Equity and Debt	8 732 000	228 000	0	67 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−2 044 000	150 000	281 000	638 000
Operating Profit	2 044 000	−150 000	−281 000	−638 000
Financial Income	0	0	0	0
Financial Costs	−8 732 000	−481 000	−170 000	23 204 000
Financial Balance	8 732 000	481 000	170 000	−23 204 000
Dividends	0	0	0	0
Net Income	10 776 000	330 000	−111 000	−23 843 000

Balance details (NOK)	2021	2020	2019	2018
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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	8 732 000	0	0	0
Cash, Bank	0	0	0	67 000
Total Current Assets	8 732 000	228 000	0	67 000
Total Assets	8 732 000	228 000	0	67 000
Total Equity	−33 384 000	−44 160 000	−44 490 000	−44 379 000
Short-Term Group Debt	451 000	528 000	612 000	631 000
Total Long-Term Debt	41 587 000	43 770 000	43 770 000	43 770 000
Creditors	4 000	53 000	72 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	75 000	37 000	37 000	46 000
Total Current Debt	530 000	618 000	721 000	676 000
Total Equity and Debt	8 732 000	228 000	0	67 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−32,28 %	−0,75 %	0,25 %	53,73 %
Debt-to-Equity Ratio	−1,25	−0,99	−0,98	−0,99
Operating Profit Margin	-	-	-	-
Current Ratio	16,48	0,37	0	0,1
Quick Ratio	16,48	0,37	0	0,1
Equity Ratio	−3,82	−193,68	-	−662,37
Gross Profit Margin	-	-	-	-