ARCTIC SEAFARM AS

8704 NESNASTRANDA

Finances

Return on Equity

−3,11 %

Current Ratio

4,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−2 537 000	−3 130 000	−225 000	−268 000
Total Assets	86 644 000	19 885 000	10 820 000	2 288 000
Total Equity	81 686 000	5 612 000	8 742 000	912 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	2 537 000	3 018 000	225 000	265 000
Operating Profit	−2 537 000	−3 019 000	−225 000	−266 000
Financial Income	0	0	0	0
Financial Costs	0	111 000	0	2 000
Financial Balance	0	−111 000	0	−2 000
Earnings Before Tax	−2 537 000	−3 130 000	−225 000	−268 000
Tax	0	0	0	0
Net Income	−2 537 000	−3 130 000	−225 000	−268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 492 000	416 000	4 666 000	2 284 000
Total Current Assets	23 152 000	19 469 000	6 155 000	4 000
Total Assets	86 644 000	19 885 000	10 820 000	2 288 000
Total Retained Equity	−1 427 000	0	0	0
Total Equity	81 686 000	5 612 000	8 742 000	912 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 958 000	14 273 000	2 078 000	1 376 000
Total Equity and Debt	86 644 000	19 885 000	10 820 000	2 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	900 000	1 281 000	0	261 000
Depreciation	29 000	29 000	2 000	0
Impairment	0	0	0	0
Expenditure	2 537 000	3 018 000	225 000	265 000
Operating Profit	−2 537 000	−3 019 000	−225 000	−266 000
Financial Income	0	0	0	0
Financial Costs	0	111 000	0	2 000
Financial Balance	0	−111 000	0	−2 000
Dividends	0	0	0	0
Net Income	−2 537 000	−3 130 000	−225 000	−268 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 038 000	0	0	0
Real Eastate	34 143 000	0	4 220 000	1 984 000
Machinery and Plant Facilities	28 225 000	0	0	0
Fixtures	86 000	116 000	145 000	0
Total Tangible Assets	62 454 000	116 000	4 366 000	1 984 000
Total Fiancial Fixed Assets	0	300 000	300 000	300 000
Total Fixed Assets	63 492 000	416 000	4 666 000	2 284 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 558 000	1 442 000	2 934 000	4 000
Total Current Assets	23 152 000	19 469 000	6 155 000	4 000
Total Assets	86 644 000	19 885 000	10 820 000	2 288 000
Total Equity	81 686 000	5 612 000	8 742 000	912 000
Short-Term Group Debt	0	0	221 000	0
Total Long-Term Debt	0	0	0	0
Creditors	3 799 000	667 000	424 000	0
Unpaid Taxes	191 000	237 000	176 000	1 000
Dividends	0	0	0	0
Other Current Debt	968 000	13 369 000	1 257 000	1 375 000
Total Current Debt	4 958 000	14 273 000	2 078 000	1 376 000
Total Equity and Debt	86 644 000	19 885 000	10 820 000	2 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,11 %	−55,77 %	−2,57 %	−29,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	4,67	1,36	2,96	0
Quick Ratio	4,67	1,36	2,96	0
Equity Ratio	0,94	0,28	0,81	0,4
Gross Profit Margin	-	-	-	-