ARTICA SVALBARD

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

−0,89 %

Current Ratio

7,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 370 000	3 214 000	3 791 000	5 020 000
Net Income	−27 000	−102 000	−556 000	−1 392 000
Total Assets	3 470 000	3 458 000	3 534 000	4 384 000
Total Equity	3 023 000	3 050 000	3 152 000	3 708 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 370 000	3 214 000	3 791 000	5 020 000
Expenditure	3 395 000	3 319 000	4 351 000	6 399 000
Operating Profit	−24 000	−104 000	−559 000	−1 379 000
Financial Income	3 000	2 000	4 000	5 000
Financial Costs	6 000	0	0	17 000
Financial Balance	−3 000	2 000	4 000	−12 000
Earnings Before Tax	−27 000	−102 000	−556 000	−1 392 000
Tax	0	0	0	0
Net Income	−27 000	−102 000	−556 000	−1 392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	295 000	500 000	854 000	1 195 000
Total Current Assets	3 175 000	2 958 000	2 680 000	3 188 000
Total Assets	3 470 000	3 458 000	3 534 000	4 384 000
Total Retained Equity	2 923 000	2 950 000	3 052 000	3 608 000
Total Equity	3 023 000	3 050 000	3 152 000	3 708 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	447 000	408 000	382 000	676 000
Total Equity and Debt	3 470 000	3 458 000	3 534 000	4 384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	0	0	0
Other Income	3 336 000	3 214 000	3 791 000	5 020 000
Revenue	3 370 000	3 214 000	3 791 000	5 020 000
Cost of Goods Sold	370 000	477 000	984 000	2 427 000
Salary Costs	1 626 000	1 348 000	1 461 000	1 672 000
Depreciation	219 000	356 000	362 000	356 000
Impairment	0	0	0	0
Expenditure	3 395 000	3 319 000	4 351 000	6 399 000
Operating Profit	−24 000	−104 000	−559 000	−1 379 000
Financial Income	3 000	2 000	4 000	5 000
Financial Costs	6 000	0	0	17 000
Financial Balance	−3 000	2 000	4 000	−12 000
Dividends	0	0	0	0
Net Income	−27 000	−102 000	−556 000	−1 392 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	94 000	172 000	250 000
Real Eastate	203 000	247 000	292 000	337 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	136 000	369 000	609 000
Total Tangible Assets	257 000	383 000	661 000	946 000
Total Fiancial Fixed Assets	21 000	23 000	21 000	0
Total Fixed Assets	295 000	500 000	854 000	1 195 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 978 000	2 719 000	2 424 000	2 618 000
Total Current Assets	3 175 000	2 958 000	2 680 000	3 188 000
Total Assets	3 470 000	3 458 000	3 534 000	4 384 000
Total Equity	3 023 000	3 050 000	3 152 000	3 708 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	214 000	141 000	203 000	264 000
Unpaid Taxes	90 000	72 000	99 000	102 000
Dividends	0	0	0	0
Other Current Debt	143 000	194 000	80 000	309 000
Total Current Debt	447 000	408 000	382 000	676 000
Total Equity and Debt	3 470 000	3 458 000	3 534 000	4 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,89 %	−3,34 %	−17,64 %	−37,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,71 %	−3,24 %	−14,75 %	−27,47 %
Current Ratio	7,1	7,25	7,02	4,72
Quick Ratio	7,1	7,25	7,02	4,72
Equity Ratio	0,87	0,88	0,89	0,85
Gross Profit Margin	89,02 %	85,16 %	74,04 %	51,65 %