ARCTIC TRAIN HOLDING AS

8514 NARVIK

Finances

Return on Equity

166,57 %

Current Ratio

0,04

Debt-to-Equity Ratio

−3,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−13 719 000	−35 536 000	−232 000	−17 000
Total Assets	30 279 000	25 209 000	46 726 000	29 798 000
Total Equity	−8 236 000	5 483 000	41 020 000	29 781 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	3 116 000	541 000	220 000	24 000
Operating Profit	−3 116 000	−541 000	−220 000	−24 000
Financial Income	1 176 000	644 000	0	1 000
Financial Costs	11 779 000	35 579 000	73 000	0
Financial Balance	−10 603 000	−34 935 000	−73 000	1 000
Earnings Before Tax	−13 719 000	−35 476 000	−293 000	−23 000
Tax	0	61 000	−61 000	−6 000
Net Income	−13 719 000	−35 536 000	−232 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 844 000	24 970 000	44 188 000	28 936 000
Total Current Assets	435 000	239 000	2 538 000	862 000
Total Assets	30 279 000	25 209 000	46 726 000	29 798 000
Total Retained Equity	−29 589 000	−15 870 000	−277 000	−17 000
Total Equity	−8 236 000	5 483 000	41 020 000	29 781 000
Total Long-Term Debt	27 816 000	19 690 000	5 661 000	0
Total Current Debt	10 698 000	36 000	45 000	17 000
Total Equity and Debt	30 279 000	25 209 000	46 726 000	29 798 000

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	224 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 116 000	541 000	220 000	24 000
Operating Profit	−3 116 000	−541 000	−220 000	−24 000
Financial Income	1 176 000	644 000	0	1 000
Financial Costs	11 779 000	35 579 000	73 000	0
Financial Balance	−10 603 000	−34 935 000	−73 000	1 000
Dividends	0	0	0	0
Net Income	−13 719 000	−35 536 000	−232 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	61 000	6 000
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	29 844 000	24 970 000	44 127 000	28 929 000
Total Fixed Assets	29 844 000	24 970 000	44 188 000	28 936 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	0	2 433 000	862 000
Total Current Assets	435 000	239 000	2 538 000	862 000
Total Assets	30 279 000	25 209 000	46 726 000	29 798 000
Total Equity	−8 236 000	5 483 000	41 020 000	29 781 000
Short-Term Group Debt	10 558 000	0	0	0
Total Long-Term Debt	27 816 000	19 690 000	5 661 000	0
Creditors	29 000	26 000	45 000	17 000
Unpaid Taxes	88 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	24 000	10 000	0	0
Total Current Debt	10 698 000	36 000	45 000	17 000
Total Equity and Debt	30 279 000	25 209 000	46 726 000	29 798 000

Financial indicators	2022	2021	2020	2019
Return on Equity	166,57 %	−648,11 %	−0,57 %	−0,06 %
Debt-to-Equity Ratio	−3,38	3,59	0,14	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,04	6,64	56,4	50,71
Quick Ratio	0,04	6,64	56,4	50,71
Equity Ratio	−0,27	0,22	0,88	1
Gross Profit Margin	-	-	-	-