ARCTIC KING PRAWNS AS

4020 STAVANGER

Finances

Return on Equity

−2,85 %

Current Ratio

5,03

Debt-to-Equity Ratio

1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	149 000	483 000	0	0
Net Income	−9 000	311 000	−9 000	−8 000
Total Assets	797 000	577 000	207 000	22 000
Total Equity	316 000	325 000	14 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	149 000	483 000	0	0
Expenditure	81 000	92 000	3 000	8 000
Operating Profit	68 000	390 000	−3 000	−8 000
Financial Income	0	1 000	0	0
Financial Costs	61 000	0	6 000	0
Financial Balance	−61 000	1 000	−6 000	0
Earnings Before Tax	6 000	392 000	−9 000	−8 000
Tax	15 000	81 000	0	0
Net Income	−9 000	311 000	−9 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	625 000	348 000	203 000	0
Total Current Assets	171 000	229 000	3 000	22 000
Total Assets	797 000	577 000	207 000	22 000
Total Retained Equity	286 000	295 000	−16 000	−8 000
Total Equity	316 000	325 000	14 000	22 000
Total Long-Term Debt	447 000	166 000	193 000	0
Total Current Debt	34 000	87 000	0	0
Total Equity and Debt	797 000	577 000	207 000	22 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	149 000	482 000	0	0
Other Income	0	1 000	0	0
Revenue	149 000	483 000	0	0
Cost of Goods Sold	5 000	0	0	0
Salary Costs	27 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	81 000	92 000	3 000	8 000
Operating Profit	68 000	390 000	−3 000	−8 000
Financial Income	0	1 000	0	0
Financial Costs	61 000	0	6 000	0
Financial Balance	−61 000	1 000	−6 000	0
Dividends	0	0	0	0
Net Income	−9 000	311 000	−9 000	−8 000

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	625 000	348 000	203 000	0
Total Fixed Assets	625 000	348 000	203 000	0
Stock	0	0	0	0
Total Investments	30 000	91 000	0	8 000
Cash, Bank	100 000	113 000	3 000	14 000
Total Current Assets	171 000	229 000	3 000	22 000
Total Assets	797 000	577 000	207 000	22 000
Total Equity	316 000	325 000	14 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	447 000	166 000	193 000	0
Creditors	0	0	0	0
Unpaid Taxes	15 000	6 000	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	0	0	0
Total Current Debt	34 000	87 000	0	0
Total Equity and Debt	797 000	577 000	207 000	22 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,85 %	95,69 %	−64,29 %	−36,36 %
Debt-to-Equity Ratio	1,41	0,51	13,79	0
Operating Profit Margin	45,64 %	80,75 %	-	-
Current Ratio	5,03	2,63	-	-
Quick Ratio	5,03	2,63	-	-
Equity Ratio	0,4	0,56	0,07	1
Gross Profit Margin	96,64 %	100 %	-	-