ARCTIC & GREEN AS

9620 KVALSUND

Finances

Share Ownership

Return on Equity

−23,57 %

Current Ratio

0,15

Debt-to-Equity Ratio

5,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 000	453 000	544 000	480 000
Net Income	−37 000	26 000	30 000	−34 000
Total Assets	1 046 000	1 108 000	1 138 000	1 176 000
Total Equity	157 000	194 000	168 000	138 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 000	453 000	544 000	480 000
Expenditure	204 000	375 000	461 000	512 000
Operating Profit	8 000	79 000	83 000	−31 000
Financial Income	0	0	0	0
Financial Costs	55 000	46 000	45 000	15 000
Financial Balance	−55 000	−46 000	−45 000	−15 000
Earnings Before Tax	−47 000	33 000	38 000	−46 000
Tax	−10 000	7 000	8 000	−12 000
Net Income	−37 000	26 000	30 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 034 000	1 055 000	1 087 000	1 127 000
Total Current Assets	12 000	53 000	51 000	49 000
Total Assets	1 046 000	1 108 000	1 138 000	1 176 000
Total Retained Equity	−16 000	21 000	−5 000	−34 000
Total Equity	157 000	194 000	168 000	138 000
Total Long-Term Debt	809 000	841 000	901 000	946 000
Total Current Debt	80 000	74 000	69 000	92 000
Total Equity and Debt	1 046 000	1 108 000	1 138 000	1 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 000	345 000	396 000	412 000
Other Income	203 000	108 000	149 000	68 000
Revenue	212 000	453 000	544 000	480 000
Cost of Goods Sold	1 000	95 000	104 000	121 000
Salary Costs	2 000	2 000	1 000	2 000
Depreciation	32 000	32 000	32 000	8 000
Impairment	0	0	0	0
Expenditure	204 000	375 000	461 000	512 000
Operating Profit	8 000	79 000	83 000	−31 000
Financial Income	0	0	0	0
Financial Costs	55 000	46 000	45 000	15 000
Financial Balance	−55 000	−46 000	−45 000	−15 000
Dividends	0	0	0	0
Net Income	−37 000	26 000	30 000	−34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	3 000	3 000	12 000
Real Eastate	1 021 000	1 052 000	1 084 000	1 115 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 021 000	1 052 000	1 084 000	1 115 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 034 000	1 055 000	1 087 000	1 127 000
Stock	0	1 000	8 000	11 000
Total Investments	0	0	0	0
Cash, Bank	0	11 000	31 000	34 000
Total Current Assets	12 000	53 000	51 000	49 000
Total Assets	1 046 000	1 108 000	1 138 000	1 176 000
Total Equity	157 000	194 000	168 000	138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	809 000	841 000	901 000	946 000
Creditors	33 000	33 000	23 000	21 000
Unpaid Taxes	0	0	10 000	17 000
Dividends	0	0	0	0
Other Current Debt	47 000	34 000	37 000	54 000
Total Current Debt	80 000	74 000	69 000	92 000
Total Equity and Debt	1 046 000	1 108 000	1 138 000	1 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,57 %	13,4 %	17,86 %	−24,64 %
Debt-to-Equity Ratio	5,15	4,34	5,36	6,86
Operating Profit Margin	3,77 %	17,44 %	15,26 %	−6,46 %
Current Ratio	0,15	0,72	0,74	0,53
Quick Ratio	0,15	0,73	0,84	0,6
Equity Ratio	0,15	0,18	0,15	0,12
Gross Profit Margin	99,53 %	79,03 %	80,88 %	74,79 %