ARCTIC RIGHTS MANAGEMENT AS

0250 OSLO

Finances

Share Ownership

Return on Equity

17,71 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 661 000	8 572 000	8 322 000	6 086 000
Net Income	646 000	−968 000	1 085 000	−892 000
Total Assets	9 847 000	8 568 000	8 363 000	6 071 000
Total Equity	3 647 000	3 001 000	3 223 000	2 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 661 000	8 572 000	8 322 000	6 086 000
Expenditure	10 691 000	9 780 000	6 702 000	7 183 000
Operating Profit	970 000	−1 209 000	1 621 000	−1 097 000
Financial Income	16 000	36 000	5 000	9 000
Financial Costs	116 000	46 000	274 000	−30 000
Financial Balance	−100 000	−10 000	−269 000	39 000
Earnings Before Tax	870 000	−1 219 000	1 352 000	−1 058 000
Tax	224 000	−250 000	267 000	−166 000
Net Income	646 000	−968 000	1 085 000	−892 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 045 000	4 433 000	4 920 000	5 142 000
Total Current Assets	5 802 000	4 135 000	3 443 000	930 000
Total Assets	9 847 000	8 568 000	8 363 000	6 071 000
Total Retained Equity	−1 728 000	−2 373 000	−2 068 000	−3 153 000
Total Equity	3 647 000	3 001 000	3 223 000	2 138 000
Total Long-Term Debt	1 341 000	1 117 000	1 581 000	914 000
Total Current Debt	4 859 000	4 450 000	3 559 000	3 019 000
Total Equity and Debt	9 847 000	8 568 000	8 363 000	6 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 559 000	1 425 000	1 057 000	219 000
Other Income	10 102 000	7 147 000	7 265 000	5 866 000
Revenue	11 661 000	8 572 000	8 322 000	6 086 000
Cost of Goods Sold	4 625 000	4 244 000	3 367 000	1 983 000
Salary Costs	2 293 000	2 641 000	2 147 000	2 804 000
Depreciation	404 000	398 000	392 000	392 000
Impairment	0	0	0	0
Expenditure	10 691 000	9 780 000	6 702 000	7 183 000
Operating Profit	970 000	−1 209 000	1 621 000	−1 097 000
Financial Income	16 000	36 000	5 000	9 000
Financial Costs	116 000	46 000	274 000	−30 000
Financial Balance	−100 000	−10 000	−269 000	39 000
Dividends	0	0	0	0
Net Income	646 000	−968 000	1 085 000	−892 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 967 000	4 358 000	4 750 000	5 142 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	15 000	0	0
Total Tangible Assets	19 000	15 000	0	0
Total Fiancial Fixed Assets	59 000	59 000	170 000	0
Total Fixed Assets	4 045 000	4 433 000	4 920 000	5 142 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 831 000	2 011 000	2 235 000	801 000
Total Current Assets	5 802 000	4 135 000	3 443 000	930 000
Total Assets	9 847 000	8 568 000	8 363 000	6 071 000
Total Equity	3 647 000	3 001 000	3 223 000	2 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 341 000	1 117 000	1 581 000	914 000
Creditors	1 242 000	337 000	653 000	474 000
Unpaid Taxes	436 000	631 000	363 000	309 000
Dividends	0	0	0	0
Other Current Debt	3 182 000	3 482 000	2 542 000	2 237 000
Total Current Debt	4 859 000	4 450 000	3 559 000	3 019 000
Total Equity and Debt	9 847 000	8 568 000	8 363 000	6 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,71 %	−32,26 %	33,66 %	−41,72 %
Debt-to-Equity Ratio	0,37	0,37	0,49	0,43
Operating Profit Margin	8,32 %	−14,1 %	19,48 %	−18,02 %
Current Ratio	1,19	0,93	0,97	0,31
Quick Ratio	1,19	0,93	0,97	0,31
Equity Ratio	0,37	0,35	0,39	0,35
Gross Profit Margin	60,34 %	50,49 %	59,54 %	67,42 %