ARCTIC RIB NORTH AS

9406 HARSTAD

Finances

Return on Equity

78,13 %

Current Ratio

0,52

Debt-to-Equity Ratio

−0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	130 000	283 000	98 000	113 000
Net Income	−100 000	80 000	−46 000	−76 000
Total Assets	84 000	136 000	71 000	106 000
Total Equity	−128 000	−28 000	−108 000	−62 000

Income (NOK)	2022	2021	2020	2019
Revenue	130 000	283 000	98 000	113 000
Expenditure	208 000	180 000	158 000	210 000
Operating Profit	−78 000	103 000	−60 000	−98 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−78 000	103 000	−60 000	−98 000
Tax	22 000	23 000	−13 000	−21 000
Net Income	−100 000	80 000	−46 000	−76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	22 000	45 000	32 000
Total Current Assets	84 000	114 000	27 000	74 000
Total Assets	84 000	136 000	71 000	106 000
Total Retained Equity	−178 000	−78 000	−158 000	−112 000
Total Equity	−128 000	−28 000	−108 000	−62 000
Total Long-Term Debt	50 000	0	0	0
Total Current Debt	162 000	164 000	179 000	167 000
Total Equity and Debt	84 000	136 000	71 000	106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	127 000	33 000	98 000	113 000
Other Income	2 000	250 000	0	0
Revenue	130 000	283 000	98 000	113 000
Cost of Goods Sold	3 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	208 000	180 000	158 000	210 000
Operating Profit	−78 000	103 000	−60 000	−98 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−100 000	80 000	−46 000	−76 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	22 000	45 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	22 000	45 000	32 000
Stock	0	0	0	0
Total Investments	4 000	4 000	4 000	4 000
Cash, Bank	63 000	88 000	12 000	42 000
Total Current Assets	84 000	114 000	27 000	74 000
Total Assets	84 000	136 000	71 000	106 000
Total Equity	−128 000	−28 000	−108 000	−62 000
Short-Term Group Debt	0	50 000	50 000	50 000
Total Long-Term Debt	50 000	0	0	0
Creditors	162 000	114 000	129 000	115 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	2 000
Total Current Debt	162 000	164 000	179 000	167 000
Total Equity and Debt	84 000	136 000	71 000	106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,13 %	−285,71 %	42,59 %	122,58 %
Debt-to-Equity Ratio	−0,39	−0	−0	−0
Operating Profit Margin	−60 %	36,4 %	−61,22 %	−86,73 %
Current Ratio	0,52	0,7	0,15	0,44
Quick Ratio	0,52	0,7	0,15	0,44
Equity Ratio	−1,52	−0,21	−1,52	−0,58
Gross Profit Margin	97,69 %	100 %	100 %	100 %