ARCTIC SPIRIT

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

−20,57 %

Current Ratio

−11,67

Debt-to-Equity Ratio

−15,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	192 000	243 000	305 000	299 000
Net Income	29 000	−253 000	46 000	37 000
Total Assets	2 042 000	1 917 000	1 915 000	1 814 000
Total Equity	−141 000	−171 000	95 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	192 000	243 000	305 000	299 000
Expenditure	164 000	486 000	247 000	262 000
Operating Profit	28 000	−243 000	59 000	37 000
Financial Income	2 000	0	0	0
Financial Costs	0	9 000	0	0
Financial Balance	2 000	−9 000	0	0
Earnings Before Tax	29 000	−253 000	59 000	37 000
Tax	0	0	13 000	0
Net Income	29 000	−253 000	46 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 762 000	1 797 000	1 483 000	1 513 000
Total Current Assets	280 000	119 000	432 000	301 000
Total Assets	2 042 000	1 917 000	1 915 000	1 814 000
Total Retained Equity	−171 000	−201 000	65 000	9 000
Total Equity	−141 000	−171 000	95 000	39 000
Total Long-Term Debt	2 207 000	2 182 000	1 832 000	1 784 000
Total Current Debt	−24 000	−95 000	−13 000	−9 000
Total Equity and Debt	2 042 000	1 917 000	1 915 000	1 814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	18 000
Other Income	192 000	243 000	305 000	280 000
Revenue	192 000	243 000	305 000	299 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	35 000	36 000	30 000	30 000
Impairment	0	0	0	0
Expenditure	164 000	486 000	247 000	262 000
Operating Profit	28 000	−243 000	59 000	37 000
Financial Income	2 000	0	0	0
Financial Costs	0	9 000	0	0
Financial Balance	2 000	−9 000	0	0
Dividends	0	0	0	0
Net Income	29 000	−253 000	46 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 762 000	1 797 000	1 483 000	1 513 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 762 000	1 797 000	1 483 000	1 513 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 762 000	1 797 000	1 483 000	1 513 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	193 000	52 000	432 000	301 000
Total Current Assets	280 000	119 000	432 000	301 000
Total Assets	2 042 000	1 917 000	1 915 000	1 814 000
Total Equity	−141 000	−171 000	95 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 207 000	2 182 000	1 832 000	1 784 000
Creditors	0	0	0	0
Unpaid Taxes	−24 000	−95 000	−13 000	−9 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	−24 000	−95 000	−13 000	−9 000
Total Equity and Debt	2 042 000	1 917 000	1 915 000	1 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,57 %	147,95 %	48,42 %	94,87 %
Debt-to-Equity Ratio	−15,65	−12,76	19,28	45,74
Operating Profit Margin	14,58 %	−100 %	19,34 %	12,37 %
Current Ratio	−11,67	−1,25	−33,23	−33,44
Quick Ratio	−11,67	−1,25	−33,23	−33,44
Equity Ratio	−0,07	−0,09	0,05	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %