ARCTIC EXPEDITION AS

9008 TROMSØ

Finances

Return on Equity

−0,41 %

Current Ratio

0,07

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−32 000	−6 000	−70 000	2 357 000
Total Assets	7 999 000	8 014 000	8 001 000	4 097 000
Total Equity	7 848 000	7 880 000	7 986 000	4 056 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	41 000	32 000	34 000	30 000
Operating Profit	−41 000	−32 000	−34 000	−30 000
Financial Income	0	0	0	2 375 000
Financial Costs	0	0	24 000	0
Financial Balance	0	0	−24 000	2 375 000
Earnings Before Tax	−41 000	−32 000	−58 000	2 345 000
Tax	−9 000	−27 000	12 000	−12 000
Net Income	−32 000	−6 000	−70 000	2 357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 996 000	8 012 000	7 980 000	1 094 000
Total Current Assets	2 000	2 000	21 000	3 003 000
Total Assets	7 999 000	8 014 000	8 001 000	4 097 000
Total Retained Equity	2 143 000	2 176 000	2 281 000	2 357 000
Total Equity	7 848 000	7 880 000	7 986 000	4 056 000
Total Long-Term Debt	122 000	1 000	0	0
Total Current Debt	28 000	133 000	15 000	41 000
Total Equity and Debt	7 999 000	8 014 000	8 001 000	4 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	41 000	32 000	34 000	30 000
Operating Profit	−41 000	−32 000	−34 000	−30 000
Financial Income	0	0	0	2 375 000
Financial Costs	0	0	24 000	0
Financial Balance	0	0	−24 000	2 375 000
Dividends	0	0	0	0
Net Income	−32 000	−6 000	−70 000	2 357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	27 000	0	12 000
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	7 961 000	7 986 000	7 980 000	1 082 000
Total Fixed Assets	7 996 000	8 012 000	7 980 000	1 094 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−1 000	2 000	3 000	0
Total Current Assets	2 000	2 000	21 000	3 003 000
Total Assets	7 999 000	8 014 000	8 001 000	4 097 000
Total Equity	7 848 000	7 880 000	7 986 000	4 056 000
Short-Term Group Debt	0	100 000	0	38 000
Total Long-Term Debt	122 000	1 000	0	0
Creditors	22 000	11 000	9 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	22 000	6 000	3 000
Total Current Debt	28 000	133 000	15 000	41 000
Total Equity and Debt	7 999 000	8 014 000	8 001 000	4 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,41 %	−0,08 %	−0,88 %	58,11 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,07	0,02	1,4	73,24
Quick Ratio	0,07	0,02	1,4	73,24
Equity Ratio	0,98	0,98	1	0,99
Gross Profit Margin	-	-	-	-