ARCTIC SAGA AS

1169 OSLO

Finances

Return on Equity

34,19 %

Current Ratio

38,47

Debt-to-Equity Ratio

48,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 128 000	1 050 000	1 334 000	215 000
Net Income	40 000	117 000	26 000	−96 000
Total Assets	5 919 000	5 890 000	5 915 000	2 584 000
Total Equity	117 000	77 000	−40 000	−66 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 128 000	1 050 000	1 334 000	215 000
Expenditure	917 000	857 000	1 214 000	270 000
Operating Profit	210 000	192 000	121 000	−55 000
Financial Income	0	0	0	0
Financial Costs	154 000	50 000	95 000	42 000
Financial Balance	−154 000	−50 000	−95 000	−42 000
Earnings Before Tax	57 000	142 000	26 000	−96 000
Tax	16 000	26 000	0	0
Net Income	40 000	117 000	26 000	−96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	380 000	5 598 000	5 815 000	2 515 000
Total Current Assets	5 539 000	292 000	100 000	69 000
Total Assets	5 919 000	5 890 000	5 915 000	2 584 000
Total Retained Equity	87 000	47 000	−70 000	−96 000
Total Equity	117 000	77 000	−40 000	−66 000
Total Long-Term Debt	5 657 000	5 629 000	5 763 000	2 574 000
Total Current Debt	144 000	185 000	193 000	76 000
Total Equity and Debt	5 919 000	5 890 000	5 915 000	2 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 128 000	1 050 000	1 334 000	215 000
Other Income	0	0	0	0
Revenue	1 128 000	1 050 000	1 334 000	215 000
Cost of Goods Sold	1 000	8 000	2 000	0
Salary Costs	629 000	556 000	923 000	145 000
Depreciation	33 000	17 000	0	0
Impairment	0	0	0	0
Expenditure	917 000	857 000	1 214 000	270 000
Operating Profit	210 000	192 000	121 000	−55 000
Financial Income	0	0	0	0
Financial Costs	154 000	50 000	95 000	42 000
Financial Balance	−154 000	−50 000	−95 000	−42 000
Dividends	0	0	0	0
Net Income	40 000	117 000	26 000	−96 000

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	50 000	83 000	0	0
Total Tangible Assets	50 000	83 000	0	0
Total Fiancial Fixed Assets	330 000	5 515 000	5 815 000	2 515 000
Total Fixed Assets	380 000	5 598 000	5 815 000	2 515 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	51 000	91 000	57 000
Total Current Assets	5 539 000	292 000	100 000	69 000
Total Assets	5 919 000	5 890 000	5 915 000	2 584 000
Total Equity	117 000	77 000	−40 000	−66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 657 000	5 629 000	5 763 000	2 574 000
Creditors	5 000	4 000	4 000	8 000
Unpaid Taxes	63 000	77 000	96 000	49 000
Dividends	0	0	0	0
Other Current Debt	60 000	78 000	92 000	19 000
Total Current Debt	144 000	185 000	193 000	76 000
Total Equity and Debt	5 919 000	5 890 000	5 915 000	2 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,19 %	151,95 %	−65 %	145,45 %
Debt-to-Equity Ratio	48,35	73,1	−144,08	−39
Operating Profit Margin	18,62 %	18,29 %	9,07 %	−25,58 %
Current Ratio	38,47	1,58	0,52	0,91
Quick Ratio	38,47	1,58	0,52	0,91
Equity Ratio	0,02	0,01	−0,01	−0,03
Gross Profit Margin	99,91 %	99,24 %	99,85 %	100 %