ARCTIC BEAUTY AS

9010 TROMSØ

Finances

Share Ownership

Return on Equity

41,65 %

Current Ratio

−4,13

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2021	2020	2019	2018
Revenue	938 000	976 000	146 000	32 000
Net Income	364 000	361 000	43 000	−507 000
Total Assets	871 000	366 000	453 000	457 000
Total Equity	874 000	511 000	−750 000	−793 000

Income (NOK)	2021	2020	2019	2018
Revenue	938 000	976 000	146 000	32 000
Expenditure	394 000	740 000	106 000	539 000
Operating Profit	543 000	237 000	41 000	−507 000
Financial Income	0	2 000	2 000	0
Financial Costs	77 000	1 000	0	0
Financial Balance	−77 000	1 000	2 000	0
Earnings Before Tax	466 000	238 000	43 000	−507 000
Tax	103 000	−123 000	0	0
Net Income	364 000	361 000	43 000	−507 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	20 000	123 000	0	0
Total Current Assets	851 000	243 000	453 000	457 000
Total Assets	871 000	366 000	453 000	457 000
Total Retained Equity	−76 000	−439 000	−800 000	−843 000
Total Equity	874 000	511 000	−750 000	−793 000
Total Long-Term Debt	203 000	−15 000	1 166 000	1 185 000
Total Current Debt	−206 000	−130 000	37 000	65 000
Total Equity and Debt	871 000	366 000	453 000	457 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	938 000	976 000	146 000	32 000
Other Income	0	0	0	0
Revenue	938 000	976 000	146 000	32 000
Cost of Goods Sold	281 000	476 000	32 000	0
Salary Costs	0	0	0	75 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	394 000	740 000	106 000	539 000
Operating Profit	543 000	237 000	41 000	−507 000
Financial Income	0	2 000	2 000	0
Financial Costs	77 000	1 000	0	0
Financial Balance	−77 000	1 000	2 000	0
Dividends	0	0	0	0
Net Income	364 000	361 000	43 000	−507 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	20 000	123 000	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	20 000	123 000	0	0
Stock	0	0	432 000	0
Total Investments	0	0	0	0
Cash, Bank	379 000	25 000	4 000	1 000
Total Current Assets	851 000	243 000	453 000	457 000
Total Assets	871 000	366 000	453 000	457 000
Total Equity	874 000	511 000	−750 000	−793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	203 000	−15 000	1 166 000	1 185 000
Creditors	−226 000	−150 000	17 000	0
Unpaid Taxes	3 000	3 000	3 000	3 000
Dividends	0	0	0	0
Other Current Debt	18 000	18 000	18 000	63 000
Total Current Debt	−206 000	−130 000	37 000	65 000
Total Equity and Debt	871 000	366 000	453 000	457 000

Financial indicators	2021	2020	2019	2018
Return on Equity	41,65 %	70,65 %	−5,73 %	63,93 %
Debt-to-Equity Ratio	0,23	−0,03	−1,55	−1,49
Operating Profit Margin	57,89 %	24,28 %	28,08 %	−1 584,38 %
Current Ratio	−4,13	−1,87	12,24	7,03
Quick Ratio	−4,13	−1,87	−1,15	7,03
Equity Ratio	1	1,4	−1,66	−1,74
Gross Profit Margin	70,04 %	51,23 %	78,08 %	100 %