ARCTICONCEPTS AS

9405 HARSTAD

Finances

Share Ownership

Return on Equity

−135,17 %

Current Ratio

0,37

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 783 000	4 753 000	1 713 000	311 000
Net Income	−392 000	−1 034 000	−1 866 000	−586 000
Total Assets	2 470 000	1 999 000	1 295 000	2 692 000
Total Equity	290 000	−818 000	−679 000	1 188 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 783 000	4 753 000	1 713 000	311 000
Expenditure	9 114 000	5 730 000	3 360 000	1 061 000
Operating Profit	−330 000	−976 000	−1 648 000	−751 000
Financial Income	0	0	0	0
Financial Costs	62 000	58 000	49 000	0
Financial Balance	−62 000	−58 000	−49 000	0
Earnings Before Tax	−392 000	−1 034 000	−1 697 000	−751 000
Tax	0	0	170 000	−165 000
Net Income	−392 000	−1 034 000	−1 866 000	−586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 736 000	1 167 000	1 478 000	1 618 000
Total Current Assets	733 000	833 000	−183 000	1 075 000
Total Assets	2 470 000	1 999 000	1 295 000	2 692 000
Total Retained Equity	−3 895 000	−3 503 000	−2 469 000	−602 000
Total Equity	290 000	−818 000	−679 000	1 188 000
Total Long-Term Debt	196 000	377 000	558 000	0
Total Current Debt	1 984 000	2 440 000	1 415 000	1 505 000
Total Equity and Debt	2 470 000	1 999 000	1 295 000	2 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 988 000	2 667 000	1 306 000	311 000
Other Income	3 795 000	2 087 000	407 000	0
Revenue	8 783 000	4 753 000	1 713 000	311 000
Cost of Goods Sold	720 000	1 122 000	199 000	163 000
Salary Costs	2 328 000	1 652 000	1 631 000	399 000
Depreciation	330 000	311 000	290 000	85 000
Impairment	0	0	0	0
Expenditure	9 114 000	5 730 000	3 360 000	1 061 000
Operating Profit	−330 000	−976 000	−1 648 000	−751 000
Financial Income	0	0	0	0
Financial Costs	62 000	58 000	49 000	0
Financial Balance	−62 000	−58 000	−49 000	0
Dividends	0	0	0	0
Net Income	−392 000	−1 034 000	−1 866 000	−586 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	77 000	151 000	395 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 723 000	1 084 000	1 321 000	1 223 000
Total Tangible Assets	1 723 000	1 084 000	1 321 000	1 223 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	0
Total Fixed Assets	1 736 000	1 167 000	1 478 000	1 618 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	81 000	−521 000	1 057 000
Total Current Assets	733 000	833 000	−183 000	1 075 000
Total Assets	2 470 000	1 999 000	1 295 000	2 692 000
Total Equity	290 000	−818 000	−679 000	1 188 000
Short-Term Group Debt	0	931 000	582 000	0
Total Long-Term Debt	196 000	377 000	558 000	0
Creditors	1 082 000	673 000	278 000	296 000
Unpaid Taxes	98 000	114 000	112 000	0
Dividends	0	0	0	0
Other Current Debt	228 000	722 000	443 000	1 209 000
Total Current Debt	1 984 000	2 440 000	1 415 000	1 505 000
Total Equity and Debt	2 470 000	1 999 000	1 295 000	2 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−135,17 %	126,41 %	274,82 %	−49,33 %
Debt-to-Equity Ratio	0,68	−0,46	−0,82	0
Operating Profit Margin	−3,76 %	−20,53 %	−96,21 %	−241,48 %
Current Ratio	0,37	0,34	−0,13	0,71
Quick Ratio	0,37	0,34	−0,13	0,71
Equity Ratio	0,12	−0,41	−0,52	0,44
Gross Profit Margin	91,8 %	76,39 %	88,38 %	47,59 %