ARCTIC CLOUD CONSULTING AS

1391 VOLLEN

Finances

Return on Equity

20,83 %

Current Ratio

0,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	180 000	1 927 000	669 000
Net Income	115 000	106 000	349 000	255 000
Total Assets	612 000	494 000	1 459 000	788 000
Total Equity	552 000	436 000	330 000	331 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	180 000	1 927 000	669 000
Expenditure	30 000	44 000	1 479 000	375 000
Operating Profit	−30 000	135 000	448 000	294 000
Financial Income	146 000	1 000	2 000	0
Financial Costs	1 000	0	0	0
Financial Balance	145 000	1 000	2 000	0
Earnings Before Tax	115 000	136 000	449 000	293 000
Tax	0	30 000	100 000	39 000
Net Income	115 000	106 000	349 000	255 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	604 000	171 000	156 000	156 000
Total Current Assets	7 000	323 000	1 303 000	632 000
Total Assets	612 000	494 000	1 459 000	788 000
Total Retained Equity	222 000	106 000	0	1 000
Total Equity	552 000	436 000	330 000	331 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	60 000	58 000	1 129 000	457 000
Total Equity and Debt	612 000	494 000	1 459 000	788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	180 000	1 917 000	629 000
Other Income	0	0	10 000	40 000
Revenue	0	180 000	1 927 000	669 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 000	8 000	1 256 000	273 000
Depreciation	0	0	0	9 000
Impairment	0	0	0	0
Expenditure	30 000	44 000	1 479 000	375 000
Operating Profit	−30 000	135 000	448 000	294 000
Financial Income	146 000	1 000	2 000	0
Financial Costs	1 000	0	0	0
Financial Balance	145 000	1 000	2 000	0
Dividends	0	0	349 000	197 000
Net Income	115 000	106 000	349 000	255 000

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	15 000	15 000	0	0
Total Tangible Assets	15 000	15 000	0	0
Total Fiancial Fixed Assets	589 000	156 000	156 000	156 000
Total Fixed Assets	604 000	171 000	156 000	156 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	323 000	1 303 000	124 000
Total Current Assets	7 000	323 000	1 303 000	632 000
Total Assets	612 000	494 000	1 459 000	788 000
Total Equity	552 000	436 000	330 000	331 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−30 000	3 000	3 000	5 000
Unpaid Taxes	−5 000	40 000	572 000	193 000
Dividends	0	0	349 000	197 000
Other Current Debt	95 000	−16 000	104 000	24 000
Total Current Debt	60 000	58 000	1 129 000	457 000
Total Equity and Debt	612 000	494 000	1 459 000	788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,83 %	24,31 %	105,76 %	77,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	75 %	23,25 %	43,95 %
Current Ratio	0,12	5,57	1,15	1,38
Quick Ratio	0,12	5,57	1,15	1,38
Equity Ratio	0,9	0,88	0,23	0,42
Gross Profit Margin	-	100 %	100 %	100 %