ARCTIC HANDLING AS

9901 KIRKENES

Finances

Share Ownership

Return on Equity

128,36 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 854 000	327 000	0	0
Net Income	439 000	−75 000	0	−21 000
Total Assets	1 344 000	396 000	11 000	27 000
Total Equity	342 000	−98 000	−23 000	−23 000

Income (NOK)	2022	2021	2019
Revenue	3 854 000	327 000	0
Expenditure	3 327 000	402 000	21 000
Operating Profit	526 000	−75 000	−21 000
Financial Income	0	0	0
Financial Costs	3 000	0	0
Financial Balance	−3 000	0	0
Earnings Before Tax	524 000	−75 000	−21 000
Tax	85 000	0	0
Net Income	439 000	−75 000	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	0	0	0
Total Current Assets	1 256 000	396 000	11 000	27 000
Total Assets	1 344 000	396 000	11 000	27 000
Total Retained Equity	312 000	−128 000	−53 000	−53 000
Total Equity	342 000	−98 000	−23 000	−23 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	999 000	493 000	34 000	50 000
Total Equity and Debt	1 344 000	396 000	11 000	27 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 854 000	327 000	0	0
Other Income	0	0	0	0
Revenue	3 854 000	327 000	0	0
Cost of Goods Sold	737 000	0	0	0
Salary Costs	1 974 000	377 000	−13 000	0
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 327 000	402 000	0	21 000
Operating Profit	526 000	−75 000	0	−21 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Dividends	0	0	0	0
Net Income	439 000	−75 000	0	−21 000

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	88 000	0	0	0
Total Tangible Assets	88 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	88 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	112 000	59 000	1 000	10 000
Total Current Assets	1 256 000	396 000	11 000	27 000
Total Assets	1 344 000	396 000	11 000	27 000
Total Equity	342 000	−98 000	−23 000	−23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	217 000	9 000	1 000	4 000
Unpaid Taxes	333 000	122 000	0	0
Dividends	0	0	0	0
Other Current Debt	367 000	363 000	33 000	46 000
Total Current Debt	999 000	493 000	34 000	50 000
Total Equity and Debt	1 344 000	396 000	11 000	27 000

Financial indicators	2022	2021	2020	2019
Return on Equity	128,36 %	76,53 %	−0 %	91,3 %
Debt-to-Equity Ratio	0,01	−0	−0	−0
Operating Profit Margin	13,65 %	−22,94 %	-	-
Current Ratio	1,26	0,8	0,32	0,54
Quick Ratio	1,26	0,8	0,32	0,54
Equity Ratio	0,25	−0,25	−2,09	−0,85
Gross Profit Margin	80,88 %	100 %	-	-