ARCTIC MASKIN AS

9302 ROSSFJORDSTRAUMEN

Finances

Share Ownership

Return on Equity

212,5 %

Current Ratio

1,33

Debt-to-Equity Ratio

5,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 000	31 000	36 000	21 000
Net Income	136 000	−29 000	−55 000	−18 000
Total Assets	544 000	65 000	71 000	110 000
Total Equity	64 000	−72 000	−43 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 000	31 000	36 000	21 000
Expenditure	66 000	60 000	91 000	38 000
Operating Profit	147 000	−29 000	−55 000	−18 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	145 000	−29 000	−55 000	−18 000
Tax	10 000	0	0	0
Net Income	136 000	−29 000	−55 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	380 000	51 000	70 000	88 000
Total Current Assets	164 000	14 000	2 000	21 000
Total Assets	544 000	65 000	71 000	110 000
Total Retained Equity	34 000	−102 000	−73 000	−18 000
Total Equity	64 000	−72 000	−43 000	12 000
Total Long-Term Debt	358 000	0	0	0
Total Current Debt	123 000	136 000	114 000	97 000
Total Equity and Debt	544 000	65 000	71 000	110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 000	31 000	36 000	21 000
Other Income	0	0	0	0
Revenue	213 000	31 000	36 000	21 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	32 000	19 000	19 000	6 000
Impairment	0	0	0	0
Expenditure	66 000	60 000	91 000	38 000
Operating Profit	147 000	−29 000	−55 000	−18 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	136 000	−29 000	−55 000	−18 000

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	418 000	51 000	70 000	88 000
Total Tangible Assets	418 000	51 000	70 000	88 000
Total Fiancial Fixed Assets	−38 000	0	0	0
Total Fixed Assets	380 000	51 000	70 000	88 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	5 000	2 000	4 000
Total Current Assets	164 000	14 000	2 000	21 000
Total Assets	544 000	65 000	71 000	110 000
Total Equity	64 000	−72 000	−43 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	358 000	0	0	0
Creditors	4 000	5 000	6 000	1 000
Unpaid Taxes	11 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	108 000	132 000	108 000	96 000
Total Current Debt	123 000	136 000	114 000	97 000
Total Equity and Debt	544 000	65 000	71 000	110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	212,5 %	40,28 %	127,91 %	−150 %
Debt-to-Equity Ratio	5,59	−0	−0	0
Operating Profit Margin	69,01 %	−93,55 %	−152,78 %	−85,71 %
Current Ratio	1,33	0,1	0,02	0,22
Quick Ratio	1,33	0,1	0,02	0,22
Equity Ratio	0,12	−1,11	−0,61	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %