XPO ARCTIC AS

8150 ØRNES

Finances

Share Ownership

Return on Equity

−6,96 %

Current Ratio

2,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	652 000	371 000	757 000	936 000
Net Income	−11 000	−629 000	−1 000	−1 138 000
Total Assets	227 000	287 000	905 000	795 000
Total Equity	158 000	169 000	798 000	552 000

Income (NOK)	2022	2021	2020	2019
Revenue	652 000	371 000	757 000	936 000
Expenditure	663 000	1 001 000	814 000	2 063 000
Operating Profit	−11 000	−629 000	−56 000	−1 127 000
Financial Income	0	0	77 000	−2 000
Financial Costs	0	0	22 000	9 000
Financial Balance	0	0	55 000	−11 000
Earnings Before Tax	−11 000	−629 000	−1 000	−1 138 000
Tax	0	0	0	0
Net Income	−11 000	−629 000	−1 000	−1 138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	45 000	50 000	0
Total Current Assets	187 000	242 000	855 000	795 000
Total Assets	227 000	287 000	905 000	795 000
Total Retained Equity	−1 990 000	−1 979 000	−1 350 000	−1 348 000
Total Equity	158 000	169 000	798 000	552 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	118 000	107 000	244 000
Total Equity and Debt	227 000	287 000	905 000	795 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	449 000	340 000	420 000	6 000
Other Income	203 000	32 000	338 000	930 000
Revenue	652 000	371 000	757 000	936 000
Cost of Goods Sold	28 000	176 000	−5 000	967 000
Salary Costs	68 000	393 000	594 000	435 000
Depreciation	6 000	6 000	6 000	0
Impairment	0	0	0	0
Expenditure	663 000	1 001 000	814 000	2 063 000
Operating Profit	−11 000	−629 000	−56 000	−1 127 000
Financial Income	0	0	77 000	−2 000
Financial Costs	0	0	22 000	9 000
Financial Balance	0	0	55 000	−11 000
Dividends	0	0	0	0
Net Income	−11 000	−629 000	−1 000	−1 138 000

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	39 000	45 000	50 000	0
Total Tangible Assets	39 000	45 000	50 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	45 000	50 000	0
Stock	151 000	151 000	151 000	0
Total Investments	0	0	0	0
Cash, Bank	32 000	86 000	523 000	810 000
Total Current Assets	187 000	242 000	855 000	795 000
Total Assets	227 000	287 000	905 000	795 000
Total Equity	158 000	169 000	798 000	552 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	53 000	110 000	8 000	43 000
Unpaid Taxes	11 000	3 000	38 000	24 000
Dividends	0	0	0	0
Other Current Debt	4 000	5 000	61 000	177 000
Total Current Debt	68 000	118 000	107 000	244 000
Total Equity and Debt	227 000	287 000	905 000	795 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,96 %	−372,19 %	−0,13 %	−206,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,69 %	−169,54 %	−7,4 %	−120,41 %
Current Ratio	2,75	2,05	7,99	3,26
Quick Ratio	−2,25	−7,33	−19,43	3,26
Equity Ratio	0,7	0,59	0,88	0,69
Gross Profit Margin	95,71 %	52,56 %	100,66 %	−3,31 %