ARCTIC GASSERVICE AS

9144 SAMUELSBERG

Finances

Share Ownership

Return on Equity

60,38 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 892 000	2 115 000	1 157 000	835 000
Net Income	64 000	73 000	−3 000	−58 000
Total Assets	719 000	364 000	99 000	103 000
Total Equity	106 000	42 000	−30 000	−27 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 892 000	2 115 000	1 157 000	835 000
Expenditure	2 811 000	2 007 000	1 152 000	911 000
Operating Profit	81 000	109 000	5 000	−76 000
Financial Income	3 000	3 000	0	2 000
Financial Costs	2 000	19 000	9 000	1 000
Financial Balance	1 000	−16 000	−9 000	1 000
Earnings Before Tax	82 000	93 000	−4 000	−74 000
Tax	18 000	21 000	−1 000	−16 000
Net Income	64 000	73 000	−3 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	17 000	16 000
Total Current Assets	719 000	364 000	82 000	87 000
Total Assets	719 000	364 000	99 000	103 000
Total Retained Equity	87 000	23 000	−49 000	−47 000
Total Equity	106 000	42 000	−30 000	−27 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	613 000	322 000	129 000	130 000
Total Equity and Debt	719 000	364 000	99 000	103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 892 000	2 115 000	1 127 000	835 000
Other Income	0	0	30 000	0
Revenue	2 892 000	2 115 000	1 157 000	835 000
Cost of Goods Sold	1 112 000	687 000	398 000	421 000
Salary Costs	1 275 000	926 000	374 000	283 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 811 000	2 007 000	1 152 000	911 000
Operating Profit	81 000	109 000	5 000	−76 000
Financial Income	3 000	3 000	0	2 000
Financial Costs	2 000	19 000	9 000	1 000
Financial Balance	1 000	−16 000	−9 000	1 000
Dividends	0	0	0	0
Net Income	64 000	73 000	−3 000	−58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	17 000	16 000
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	0	0	17 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	130 000	164 000	21 000	47 000
Total Current Assets	719 000	364 000	82 000	87 000
Total Assets	719 000	364 000	99 000	103 000
Total Equity	106 000	42 000	−30 000	−27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	254 000	159 000	51 000	34 000
Unpaid Taxes	181 000	45 000	18 000	33 000
Dividends	0	0	0	0
Other Current Debt	160 000	114 000	61 000	64 000
Total Current Debt	613 000	322 000	129 000	130 000
Total Equity and Debt	719 000	364 000	99 000	103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,38 %	173,81 %	10 %	214,81 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	2,8 %	5,15 %	0,43 %	−9,1 %
Current Ratio	1,17	1,13	0,64	0,67
Quick Ratio	1,17	1,13	0,64	0,67
Equity Ratio	0,15	0,12	−0,3	−0,26
Gross Profit Margin	61,55 %	67,52 %	65,6 %	49,58 %