ARCTIC ALTERNATIVE INVESTMENTS MANAGEMENT AS

0161 OSLO

Finances

Return on Equity

6,59 %

Current Ratio

9,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 825 000	3 809 000	1 126 000	0
Net Income	301 000	909 000	−654 000	−159 000
Total Assets	5 105 000	4 879 000	3 719 000	2 150 000
Total Equity	4 569 000	4 268 000	3 360 000	2 064 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 825 000	3 809 000	1 126 000	0
Expenditure	2 483 000	2 604 000	2 006 000	198 000
Operating Profit	342 000	1 205 000	−881 000	−199 000
Financial Income	60 000	7 000	9 000	27 000
Financial Costs	1 000	0	0	30 000
Financial Balance	59 000	7 000	9 000	−3 000
Earnings Before Tax	401 000	1 212 000	−872 000	−201 000
Tax	100 000	303 000	−218 000	−43 000
Net Income	301 000	909 000	−654 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	17 000	42 000	43 000
Total Current Assets	5 102 000	4 862 000	3 677 000	2 108 000
Total Assets	5 105 000	4 879 000	3 719 000	2 150 000
Total Retained Equity	411 000	110 000	−798 000	−144 000
Total Equity	4 569 000	4 268 000	3 360 000	2 064 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	536 000	611 000	360 000	87 000
Total Equity and Debt	5 105 000	4 879 000	3 719 000	2 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 825 000	3 809 000	1 126 000	0
Revenue	2 825 000	3 809 000	1 126 000	0
Cost of Goods Sold	34 000	32 000	40 000	0
Salary Costs	1 771 000	1 442 000	1 560 000	133 000
Depreciation	14 000	14 000	10 000	0
Impairment	0	0	0	0
Expenditure	2 483 000	2 604 000	2 006 000	198 000
Operating Profit	342 000	1 205 000	−881 000	−199 000
Financial Income	60 000	7 000	9 000	27 000
Financial Costs	1 000	0	0	30 000
Financial Balance	59 000	7 000	9 000	−3 000
Dividends	0	0	0	0
Net Income	301 000	909 000	−654 000	−159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	17 000	31 000	0
Total Tangible Assets	3 000	17 000	31 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	17 000	42 000	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 092 000	3 852 000	1 891 000	2 108 000
Total Current Assets	5 102 000	4 862 000	3 677 000	2 108 000
Total Assets	5 105 000	4 879 000	3 719 000	2 150 000
Total Equity	4 569 000	4 268 000	3 360 000	2 064 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	44 000	9 000	0	32 000
Unpaid Taxes	228 000	156 000	139 000	41 000
Dividends	0	0	0	0
Other Current Debt	164 000	154 000	221 000	14 000
Total Current Debt	536 000	611 000	360 000	87 000
Total Equity and Debt	5 105 000	4 879 000	3 719 000	2 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,59 %	21,3 %	−19,46 %	−7,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,11 %	31,64 %	−78,24 %	-
Current Ratio	9,52	7,96	10,21	24,23
Quick Ratio	9,52	7,96	10,21	24,23
Equity Ratio	0,9	0,87	0,9	0,96
Gross Profit Margin	98,8 %	99,16 %	96,45 %	-