ARCTIC RIB RENT AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

15,2 %

Current Ratio

0,36

Debt-to-Equity Ratio

−6,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	576 000	144 000	3 000	2 000
Net Income	−199 000	−372 000	−207 000	−141 000
Total Assets	7 781 000	1 589 000	1 583 000	1 575 000
Total Equity	−1 309 000	−1 110 000	−738 000	−532 000

Income (NOK)	2022	2021	2020	2019
Revenue	576 000	144 000	3 000	2 000
Expenditure	532 000	407 000	134 000	143 000
Operating Profit	44 000	−263 000	−131 000	−141 000
Financial Income	4 000	4 000	1 000	0
Financial Costs	247 000	112 000	76 000	1 000
Financial Balance	−243 000	−108 000	−75 000	−1 000
Earnings Before Tax	−199 000	−372 000	−207 000	−141 000
Tax	0	0	0	0
Net Income	−199 000	−372 000	−207 000	−141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 671 000	1 564 000	1 521 000	1 557 000
Total Current Assets	110 000	25 000	62 000	19 000
Total Assets	7 781 000	1 589 000	1 583 000	1 575 000
Total Retained Equity	−1 339 000	−1 140 000	−768 000	−562 000
Total Equity	−1 309 000	−1 110 000	−738 000	−532 000
Total Long-Term Debt	8 787 000	2 670 000	2 248 000	2 062 000
Total Current Debt	303 000	29 000	73 000	45 000
Total Equity and Debt	7 781 000	1 589 000	1 583 000	1 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	576 000	144 000	3 000	2 000
Revenue	576 000	144 000	3 000	2 000
Cost of Goods Sold	0	22 000	0	0
Salary Costs	0	0	0	0
Depreciation	137 000	43 000	36 000	30 000
Impairment	0	0	0	0
Expenditure	532 000	407 000	134 000	143 000
Operating Profit	44 000	−263 000	−131 000	−141 000
Financial Income	4 000	4 000	1 000	0
Financial Costs	247 000	112 000	76 000	1 000
Financial Balance	−243 000	−108 000	−75 000	−1 000
Dividends	0	0	0	0
Net Income	−199 000	−372 000	−207 000	−141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 357 000	1 449 000	1 465 000	1 480 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	314 000	114 000	56 000	76 000
Total Tangible Assets	7 671 000	1 564 000	1 521 000	1 557 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 671 000	1 564 000	1 521 000	1 557 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	11 000	21 000	3 000
Total Current Assets	110 000	25 000	62 000	19 000
Total Assets	7 781 000	1 589 000	1 583 000	1 575 000
Total Equity	−1 309 000	−1 110 000	−738 000	−532 000
Short-Term Group Debt	211 000	25 000	53 000	0
Total Long-Term Debt	8 787 000	2 670 000	2 248 000	2 062 000
Creditors	33 000	3 000	20 000	45 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	60 000	1 000	0	0
Total Current Debt	303 000	29 000	73 000	45 000
Total Equity and Debt	7 781 000	1 589 000	1 583 000	1 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,2 %	33,51 %	28,05 %	26,5 %
Debt-to-Equity Ratio	−6,71	−2,41	−3,05	−3,88
Operating Profit Margin	7,64 %	−182,64 %	−4 366,67 %	−7 050 %
Current Ratio	0,36	0,86	0,85	0,42
Quick Ratio	0,36	0,86	0,85	0,42
Equity Ratio	−0,17	−0,7	−0,47	−0,34
Gross Profit Margin	100 %	84,72 %	100 %	100 %