ARCTIC BIOPRO AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

6,41 %

Current Ratio

5,4

Debt-to-Equity Ratio

−1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	202 000
Net Income	−439 000	−586 000	−838 000	−1 091 000
Total Assets	1 140 000	1 499 000	1 848 000	2 222 000
Total Equity	−6 845 000	−6 405 000	−5 819 000	−4 981 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	202 000
Expenditure	423 000	569 000	812 000	1 257 000
Operating Profit	−423 000	−569 000	−811 000	−1 055 000
Financial Income	0	0	0	0
Financial Costs	16 000	17 000	27 000	36 000
Financial Balance	−16 000	−17 000	−27 000	−36 000
Earnings Before Tax	−439 000	−586 000	−838 000	−1 091 000
Tax	0	0	0	0
Net Income	−439 000	−586 000	−838 000	−1 091 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 087 000	1 457 000	1 838 000	2 218 000
Total Current Assets	54 000	42 000	11 000	4 000
Total Assets	1 140 000	1 499 000	1 848 000	2 222 000
Total Retained Equity	−6 869 000	−6 430 000	−5 843 000	−5 006 000
Total Equity	−6 845 000	−6 405 000	−5 819 000	−4 981 000
Total Long-Term Debt	7 975 000	7 895 000	7 617 000	7 002 000
Total Current Debt	10 000	9 000	50 000	201 000
Total Equity and Debt	1 140 000	1 499 000	1 848 000	2 222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	32 000
Other Income	0	0	0	170 000
Revenue	0	0	0	202 000
Cost of Goods Sold	0	0	0	47 000
Salary Costs	0	0	0	68 000
Depreciation	371 000	381 000	381 000	384 000
Impairment	0	0	0	0
Expenditure	423 000	569 000	812 000	1 257 000
Operating Profit	−423 000	−569 000	−811 000	−1 055 000
Financial Income	0	0	0	0
Financial Costs	16 000	17 000	27 000	36 000
Financial Balance	−16 000	−17 000	−27 000	−36 000
Dividends	0	0	0	0
Net Income	−439 000	−586 000	−838 000	−1 091 000

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	1 087 000	1 457 000	1 828 000	2 198 000
Fixtures	0	0	10 000	20 000
Total Tangible Assets	1 087 000	1 457 000	1 838 000	2 218 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 087 000	1 457 000	1 838 000	2 218 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	42 000	11 000	4 000
Total Current Assets	54 000	42 000	11 000	4 000
Total Assets	1 140 000	1 499 000	1 848 000	2 222 000
Total Equity	−6 845 000	−6 405 000	−5 819 000	−4 981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 975 000	7 895 000	7 617 000	7 002 000
Creditors	10 000	9 000	0	149 000
Unpaid Taxes	0	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	0	0	50 000	50 000
Total Current Debt	10 000	9 000	50 000	201 000
Total Equity and Debt	1 140 000	1 499 000	1 848 000	2 222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,41 %	9,15 %	14,4 %	21,9 %
Debt-to-Equity Ratio	−1,17	−1,23	−1,31	−1,41
Operating Profit Margin	-	-	-	−522,28 %
Current Ratio	5,4	4,67	0,22	0,02
Quick Ratio	5,4	4,67	0,22	0,02
Equity Ratio	−6	−4,27	−3,15	−2,24
Gross Profit Margin	-	-	-	76,73 %