IFJORD ARCTIC AS

9740 LEBESBY

Finances

Return on Equity

1 576,47 %

Current Ratio

1,01

Debt-to-Equity Ratio

−89,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	−5 000	919 000	1 117 000	797 000
Net Income	−804 000	−52 000	−281 000	120 000
Total Assets	5 429 000	5 426 000	4 701 000	4 641 000
Total Equity	−51 000	548 000	600 000	881 000

Income (NOK)	2022	2021	2020	2019
Revenue	−5 000	919 000	1 117 000	797 000
Expenditure	246 000	637 000	1 322 000	870 000
Operating Profit	−250 000	282 000	−205 000	−74 000
Financial Income	−200 000	0	0	392 000
Financial Costs	354 000	211 000	200 000	230 000
Financial Balance	−554 000	−211 000	−200 000	162 000
Earnings Before Tax	−804 000	72 000	−405 000	88 000
Tax	0	124 000	−124 000	−32 000
Net Income	−804 000	−52 000	−281 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 489 000	4 687 000	4 440 000	4 483 000
Total Current Assets	941 000	739 000	261 000	158 000
Total Assets	5 429 000	5 426 000	4 701 000	4 641 000
Total Retained Equity	−851 000	−252 000	−200 000	81 000
Total Equity	−51 000	548 000	600 000	881 000
Total Long-Term Debt	4 545 000	4 372 000	3 942 000	3 741 000
Total Current Debt	935 000	507 000	160 000	19 000
Total Equity and Debt	5 429 000	5 426 000	4 701 000	4 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	145 000	618 000	1 073 000	552 000
Other Income	−150 000	301 000	44 000	244 000
Revenue	−5 000	919 000	1 117 000	797 000
Cost of Goods Sold	0	5 000	12 000	37 000
Salary Costs	−1 000	162 000	819 000	0
Depreciation	180 000	125 000	167 000	264 000
Impairment	0	0	0	0
Expenditure	246 000	637 000	1 322 000	870 000
Operating Profit	−250 000	282 000	−205 000	−74 000
Financial Income	−200 000	0	0	392 000
Financial Costs	354 000	211 000	200 000	230 000
Financial Balance	−554 000	−211 000	−200 000	162 000
Dividends	0	0	0	199 000
Net Income	−804 000	−52 000	−281 000	120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	124 000	0
Real Eastate	165 000	183 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	811 000	973 000	785 000	952 000
Total Tangible Assets	976 000	1 156 000	785 000	952 000
Total Fiancial Fixed Assets	3 513 000	3 531 000	3 531 000	3 531 000
Total Fixed Assets	4 489 000	4 687 000	4 440 000	4 483 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	2 000	61 000	129 000
Total Current Assets	941 000	739 000	261 000	158 000
Total Assets	5 429 000	5 426 000	4 701 000	4 641 000
Total Equity	−51 000	548 000	600 000	881 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 545 000	4 372 000	3 942 000	3 741 000
Creditors	19 000	306 000	43 000	4 000
Unpaid Taxes	0	36 000	45 000	0
Dividends	0	0	0	199 000
Other Current Debt	916 000	165 000	72 000	15 000
Total Current Debt	935 000	507 000	160 000	19 000
Total Equity and Debt	5 429 000	5 426 000	4 701 000	4 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 576,47 %	−9,49 %	−46,83 %	13,62 %
Debt-to-Equity Ratio	−89,12	7,98	6,57	4,25
Operating Profit Margin	5 000 %	30,69 %	−18,35 %	−9,28 %
Current Ratio	1,01	1,46	1,63	8,32
Quick Ratio	1,01	1,46	1,63	8,32
Equity Ratio	−0,01	0,1	0,13	0,19
Gross Profit Margin	100 %	99,46 %	98,93 %	95,36 %