ARCTIC SPISERI AS

4010 STAVANGER

Finances

Share Ownership

Return on Equity

779,39 %

Current Ratio

0,5

Debt-to-Equity Ratio

−6,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 145 000	7 323 000	4 584 000	1 232 000
Net Income	−1 021 000	402 000	390 000	−395 000
Total Assets	2 032 000	942 000	982 000	374 000
Total Equity	−131 000	890 000	489 000	77 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 145 000	7 323 000	4 584 000	1 232 000
Expenditure	7 089 000	6 889 000	4 180 000	1 590 000
Operating Profit	−946 000	435 000	404 000	−357 000
Financial Income	0	0	0	0
Financial Costs	75 000	33 000	14 000	0
Financial Balance	−75 000	−33 000	−14 000	0
Earnings Before Tax	−1 021 000	402 000	390 000	−358 000
Tax	0	0	0	37 000
Net Income	−1 021 000	402 000	390 000	−395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 369 000	332 000	349 000	327 000
Total Current Assets	663 000	609 000	633 000	47 000
Total Assets	2 032 000	942 000	982 000	374 000
Total Retained Equity	−881 000	140 000	−261 000	−673 000
Total Equity	−131 000	890 000	489 000	77 000
Total Long-Term Debt	848 000	0	0	0
Total Current Debt	1 314 000	51 000	493 000	297 000
Total Equity and Debt	2 032 000	942 000	982 000	374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 145 000	7 319 000	4 584 000	1 225 000
Other Income	0	4 000	0	7 000
Revenue	6 145 000	7 323 000	4 584 000	1 232 000
Cost of Goods Sold	2 771 000	2 437 000	1 611 000	564 000
Salary Costs	1 866 000	0	582 000	247 000
Depreciation	189 000	76 000	87 000	82 000
Impairment	0	0	0	0
Expenditure	7 089 000	6 889 000	4 180 000	1 590 000
Operating Profit	−946 000	435 000	404 000	−357 000
Financial Income	0	0	0	0
Financial Costs	75 000	33 000	14 000	0
Financial Balance	−75 000	−33 000	−14 000	0
Dividends	0	0	0	0
Net Income	−1 021 000	402 000	390 000	−395 000

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	1 369 000	332 000	349 000	327 000
Total Tangible Assets	1 369 000	332 000	349 000	327 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 369 000	332 000	349 000	327 000
Stock	49 000	21 000	21 000	0
Total Investments	0	0	0	0
Cash, Bank	77 000	631 000	134 000	21 000
Total Current Assets	663 000	609 000	633 000	47 000
Total Assets	2 032 000	942 000	982 000	374 000
Total Equity	−131 000	890 000	489 000	77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	848 000	0	0	0
Creditors	334 000	−170 000	280 000	135 000
Unpaid Taxes	83 000	162 000	90 000	39 000
Dividends	0	0	0	0
Other Current Debt	897 000	51 000	33 000	84 000
Total Current Debt	1 314 000	51 000	493 000	297 000
Total Equity and Debt	2 032 000	942 000	982 000	374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	779,39 %	45,17 %	79,75 %	−512,99 %
Debt-to-Equity Ratio	−6,47	0	0	0
Operating Profit Margin	−15,39 %	5,94 %	8,81 %	−28,98 %
Current Ratio	0,5	11,94	1,28	0,16
Quick Ratio	0,52	20,3	1,34	0,16
Equity Ratio	−0,06	0,94	0,5	0,21
Gross Profit Margin	54,91 %	66,72 %	64,86 %	54,22 %