ARCTIC EXTREME AS

9843 TANA

Finances

Share Ownership

Return on Equity

−14,57 %

Current Ratio

3,63

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 980 000	3 994 000	3 238 000	2 920 000
Net Income	−196 000	682 000	577 000	139 000
Total Assets	1 802 000	2 328 000	1 569 000	511 000
Total Equity	1 345 000	1 541 000	860 000	282 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 980 000	3 994 000	3 238 000	2 920 000
Expenditure	2 163 000	3 102 000	2 489 000	2 738 000
Operating Profit	−183 000	892 000	749 000	182 000
Financial Income	0	0	0	0
Financial Costs	14 000	18 000	9 000	4 000
Financial Balance	−14 000	−18 000	−9 000	−4 000
Earnings Before Tax	−197 000	874 000	740 000	178 000
Tax	−1 000	192 000	163 000	39 000
Net Income	−196 000	682 000	577 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	668 000	675 000	583 000	120 000
Total Current Assets	1 134 000	1 653 000	986 000	391 000
Total Assets	1 802 000	2 328 000	1 569 000	511 000
Total Retained Equity	1 315 000	1 511 000	830 000	252 000
Total Equity	1 345 000	1 541 000	860 000	282 000
Total Long-Term Debt	145 000	193 000	246 000	5 000
Total Current Debt	312 000	594 000	464 000	224 000
Total Equity and Debt	1 802 000	2 328 000	1 569 000	511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 980 000	3 992 000	3 238 000	2 920 000
Other Income	0	2 000	0	0
Revenue	1 980 000	3 994 000	3 238 000	2 920 000
Cost of Goods Sold	759 000	1 882 000	1 280 000	1 548 000
Salary Costs	473 000	211 000	415 000	539 000
Depreciation	161 000	117 000	38 000	8 000
Impairment	0	0	0	0
Expenditure	2 163 000	3 102 000	2 489 000	2 738 000
Operating Profit	−183 000	892 000	749 000	182 000
Financial Income	0	0	0	0
Financial Costs	14 000	18 000	9 000	4 000
Financial Balance	−14 000	−18 000	−9 000	−4 000
Dividends	0	0	0	0
Net Income	−196 000	682 000	577 000	139 000

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	437 000	493 000	387 000	120 000
Total Tangible Assets	437 000	493 000	387 000	120 000
Total Fiancial Fixed Assets	231 000	182 000	196 000	0
Total Fixed Assets	668 000	675 000	583 000	120 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	694 000	316 000	765 000	163 000
Total Current Assets	1 134 000	1 653 000	986 000	391 000
Total Assets	1 802 000	2 328 000	1 569 000	511 000
Total Equity	1 345 000	1 541 000	860 000	282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	145 000	193 000	246 000	5 000
Creditors	126 000	69 000	117 000	49 000
Unpaid Taxes	19 000	206 000	67 000	55 000
Dividends	0	0	0	0
Other Current Debt	167 000	125 000	115 000	84 000
Total Current Debt	312 000	594 000	464 000	224 000
Total Equity and Debt	1 802 000	2 328 000	1 569 000	511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,57 %	44,26 %	67,09 %	49,29 %
Debt-to-Equity Ratio	0,11	0,13	0,29	0,02
Operating Profit Margin	−9,24 %	22,33 %	23,13 %	6,23 %
Current Ratio	3,63	2,78	2,13	1,75
Quick Ratio	3,63	2,78	2,13	1,75
Equity Ratio	0,75	0,66	0,55	0,55
Gross Profit Margin	61,67 %	52,88 %	60,47 %	46,99 %