ARCTIC CORE AS

0165 OSLO

Finances

Share Ownership

Return on Equity

17,57 %

Current Ratio

0,13

Debt-to-Equity Ratio

−1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 000	327 000	117 000	240 000
Net Income	−877 000	−1 844 000	−1 826 000	−1 444 000
Total Assets	990 000	1 224 000	1 956 000	3 571 000
Total Equity	−4 992 000	−4 115 000	−3 241 000	−1 414 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 000	327 000	117 000	240 000
Expenditure	948 000	2 171 000	1 719 000	1 699 000
Operating Profit	−873 000	−1 844 000	−1 602 000	−1 459 000
Financial Income	2 000	0	1 000	155 000
Financial Costs	7 000	1 000	226 000	140 000
Financial Balance	−5 000	−1 000	−225 000	15 000
Earnings Before Tax	−877 000	−1 844 000	−1 826 000	−1 444 000
Tax	0	0	0	0
Net Income	−877 000	−1 844 000	−1 826 000	−1 444 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	926 000	661 000	386 000	615 000
Total Current Assets	64 000	563 000	1 570 000	2 956 000
Total Assets	990 000	1 224 000	1 956 000	3 571 000
Total Retained Equity	−5 992 000	−5 115 000	−3 271 000	−1 444 000
Total Equity	−4 992 000	−4 115 000	−3 241 000	−1 414 000
Total Long-Term Debt	5 501 000	5 047 000	5 047 000	4 900 000
Total Current Debt	481 000	291 000	149 000	85 000
Total Equity and Debt	990 000	1 224 000	1 956 000	3 571 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	128 000	71 000	−5 000	0
Other Income	−53 000	257 000	123 000	240 000
Revenue	75 000	327 000	117 000	240 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	0	0	0	0
Depreciation	353 000	237 000	229 000	109 000
Impairment	0	0	0	0
Expenditure	948 000	2 171 000	1 719 000	1 699 000
Operating Profit	−873 000	−1 844 000	−1 602 000	−1 459 000
Financial Income	2 000	0	1 000	155 000
Financial Costs	7 000	1 000	226 000	140 000
Financial Balance	−5 000	−1 000	−225 000	15 000
Dividends	0	0	0	0
Net Income	−877 000	−1 844 000	−1 826 000	−1 444 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	413 000	430 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	513 000	231 000	386 000	615 000
Total Tangible Assets	926 000	661 000	386 000	615 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	926 000	661 000	386 000	615 000
Stock	0	0	0	0
Total Investments	0	258 000	0	0
Cash, Bank	60 000	240 000	80 000	57 000
Total Current Assets	64 000	563 000	1 570 000	2 956 000
Total Assets	990 000	1 224 000	1 956 000	3 571 000
Total Equity	−4 992 000	−4 115 000	−3 241 000	−1 414 000
Short-Term Group Debt	314 000	0	0	0
Total Long-Term Debt	5 501 000	5 047 000	5 047 000	4 900 000
Creditors	84 000	138 000	69 000	5 000
Unpaid Taxes	0	41 000	0	0
Dividends	0	0	0	0
Other Current Debt	83 000	112 000	80 000	80 000
Total Current Debt	481 000	291 000	149 000	85 000
Total Equity and Debt	990 000	1 224 000	1 956 000	3 571 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,57 %	44,81 %	56,34 %	102,12 %
Debt-to-Equity Ratio	−1,1	−1,23	−1,56	−3,47
Operating Profit Margin	−1 164 %	−563,91 %	−1 369,23 %	−607,92 %
Current Ratio	0,13	1,93	10,54	34,78
Quick Ratio	0,13	1,93	10,54	34,78
Equity Ratio	−5,04	−3,36	−1,66	−0,4
Gross Profit Margin	100 %	100 %	100 %	99,58 %