ARCTIC FOX RECORDINGS AS

7037 TRONDHEIM

Finances

Share Ownership

Return on Equity

22,73 %

Current Ratio

Debt-to-Equity Ratio

−0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 000	6 000	11 000	23 000
Net Income	−5 000	−1 000	0	−23 000
Total Assets	0	5 000	6 000	6 000
Total Equity	−22 000	−17 000	−16 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 000	6 000	11 000	23 000
Expenditure	7 000	7 000	11 000	45 000
Operating Profit	−5 000	−1 000	0	−23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−5 000	−1 000	0	−23 000
Tax	0	0	0	0
Net Income	−5 000	−1 000	0	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	0	5 000	6 000	6 000
Total Assets	0	5 000	6 000	6 000
Total Retained Equity	−52 000	−47 000	−46 000	−46 000
Total Equity	−22 000	−17 000	−16 000	−16 000
Total Long-Term Debt	18 000	18 000	18 000	18 000
Total Current Debt	4 000	4 000	4 000	4 000
Total Equity and Debt	0	5 000	6 000	6 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	6 000	11 000	23 000
Other Income	0	0	0	0
Revenue	2 000	6 000	11 000	23 000
Cost of Goods Sold	0	0	0	20 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 000	7 000	11 000	45 000
Operating Profit	−5 000	−1 000	0	−23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−5 000	−1 000	0	−23 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	5 000	6 000	6 000
Total Current Assets	0	5 000	6 000	6 000
Total Assets	0	5 000	6 000	6 000
Total Equity	−22 000	−17 000	−16 000	−16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 000	18 000	18 000	18 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	4 000	4 000
Total Current Debt	4 000	4 000	4 000	4 000
Total Equity and Debt	0	5 000	6 000	6 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,73 %	5,88 %	−0 %	143,75 %
Debt-to-Equity Ratio	−0,82	−1,06	−1,13	−1,13
Operating Profit Margin	−250 %	−16,67 %	0 %	−100 %
Current Ratio	0	1,25	1,5	1,5
Quick Ratio	0	1,25	1,5	1,5
Equity Ratio	-	−3,4	−2,67	−2,67
Gross Profit Margin	100 %	100 %	100 %	13,04 %