SHUUTO ARCTIC AS

9334 ØVERBYGD

Finances

Return on Equity

−42,97 %

Current Ratio

0,77

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 247 000	8 678 000	5 488 000	2 418 000
Net Income	734 000	−2 288 000	−833 000	489 000
Total Assets	6 232 000	2 319 000	2 279 000	2 527 000
Total Equity	−1 708 000	−2 443 000	−155 000	678 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 247 000	8 678 000	5 488 000	2 418 000
Expenditure	22 513 000	10 967 000	6 458 000	1 792 000
Operating Profit	734 000	−2 290 000	−971 000	627 000
Financial Income	0	3 000	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	2 000	−1 000	0
Earnings Before Tax	734 000	−2 288 000	−971 000	627 000
Tax	0	0	−138 000	138 000
Net Income	734 000	−2 288 000	−833 000	489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 000	50 000	30 000	0
Total Current Assets	6 097 000	2 269 000	2 249 000	2 527 000
Total Assets	6 232 000	2 319 000	2 279 000	2 527 000
Total Retained Equity	−1 732 000	−2 467 000	−179 000	654 000
Total Equity	−1 708 000	−2 443 000	−155 000	678 000
Total Long-Term Debt	0	0	20 000	20 000
Total Current Debt	7 940 000	4 761 000	2 414 000	1 829 000
Total Equity and Debt	6 232 000	2 319 000	2 279 000	2 527 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 994 000	6 955 000	2 253 000	2 418 000
Other Income	7 254 000	1 722 000	3 235 000	0
Revenue	23 247 000	8 678 000	5 488 000	2 418 000
Cost of Goods Sold	16 757 000	8 504 000	5 656 000	1 708 000
Salary Costs	3 629 000	1 434 000	512 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 513 000	10 967 000	6 458 000	1 792 000
Operating Profit	734 000	−2 290 000	−971 000	627 000
Financial Income	0	3 000	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	2 000	−1 000	0
Dividends	0	0	0	0
Net Income	734 000	−2 288 000	−833 000	489 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	135 000	50 000	30 000	0
Total Fixed Assets	135 000	50 000	30 000	0
Stock	1 834 000	613 000	1 023 000	390 000
Total Investments	0	0	0	0
Cash, Bank	3 717 000	392 000	234 000	810 000
Total Current Assets	6 097 000	2 269 000	2 249 000	2 527 000
Total Assets	6 232 000	2 319 000	2 279 000	2 527 000
Total Equity	−1 708 000	−2 443 000	−155 000	678 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	20 000	20 000
Creditors	1 430 000	1 346 000	405 000	−18 000
Unpaid Taxes	362 000	302 000	156 000	0
Dividends	0	0	0	0
Other Current Debt	6 148 000	3 113 000	1 853 000	1 709 000
Total Current Debt	7 940 000	4 761 000	2 414 000	1 829 000
Total Equity and Debt	6 232 000	2 319 000	2 279 000	2 527 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,97 %	93,66 %	537,42 %	72,12 %
Debt-to-Equity Ratio	−0	−0	−0,13	0,03
Operating Profit Margin	3,16 %	−26,39 %	−17,69 %	25,93 %
Current Ratio	0,77	0,48	0,93	1,38
Quick Ratio	1	0,55	1,62	1,76
Equity Ratio	−0,27	−1,05	−0,07	0,27
Gross Profit Margin	27,92 %	2,01 %	−3,06 %	29,36 %