ARCTIC SAPPHIRE AS

8230 SULITJELMA

Finances

Share Ownership

Return on Equity

3 462,05 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	580 000	960 000	75 000	300 000
Net Income	−7 755 000	165 000	−409 000	−255 000
Total Assets	2 615 000	9 599 000	9 378 000	6 507 000
Total Equity	−224 000	7 531 000	7 366 000	−225 000

Income (NOK)	2022	2021	2020	2019
Revenue	580 000	960 000	75 000	300 000
Expenditure	8 315 000	798 000	451 000	555 000
Operating Profit	−7 735 000	162 000	−376 000	−255 000
Financial Income	0	3 000	86 000	0
Financial Costs	20 000	0	119 000	0
Financial Balance	−20 000	3 000	−33 000	0
Earnings Before Tax	−7 755 000	165 000	−409 000	−255 000
Tax	0	0	0	0
Net Income	−7 755 000	165 000	−409 000	−255 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 293 000	9 325 000	7 972 000	0
Total Current Assets	322 000	274 000	1 407 000	6 507 000
Total Assets	2 615 000	9 599 000	9 378 000	6 507 000
Total Retained Equity	−8 254 000	−499 000	−664 000	−255 000
Total Equity	−224 000	7 531 000	7 366 000	−225 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 839 000	2 068 000	2 012 000	6 732 000
Total Equity and Debt	2 615 000	9 599 000	9 378 000	6 507 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 000	0	0	0
Other Income	495 000	960 000	75 000	300 000
Revenue	580 000	960 000	75 000	300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	7 449 000	0	0	0
Expenditure	8 315 000	798 000	451 000	555 000
Operating Profit	−7 735 000	162 000	−376 000	−255 000
Financial Income	0	3 000	86 000	0
Financial Costs	20 000	0	119 000	0
Financial Balance	−20 000	3 000	−33 000	0
Dividends	0	0	0	0
Net Income	−7 755 000	165 000	−409 000	−255 000

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	2 293 000	9 325 000	7 972 000	0
Fixtures	0	0	0	0
Total Tangible Assets	2 293 000	9 325 000	7 972 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 293 000	9 325 000	7 972 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 000	9 000	1 269 000	102 000
Total Current Assets	322 000	274 000	1 407 000	6 507 000
Total Assets	2 615 000	9 599 000	9 378 000	6 507 000
Total Equity	−224 000	7 531 000	7 366 000	−225 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 924 000	2 068 000	1 998 000	532 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	915 000	0	14 000	6 201 000
Total Current Debt	2 839 000	2 068 000	2 012 000	6 732 000
Total Equity and Debt	2 615 000	9 599 000	9 378 000	6 507 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3 462,05 %	2,19 %	−5,55 %	113,33 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−1 333,62 %	16,88 %	−501,33 %	−85 %
Current Ratio	0,11	0,13	0,7	0,97
Quick Ratio	0,11	0,13	0,7	0,97
Equity Ratio	−0,09	0,78	0,79	−0,03
Gross Profit Margin	100 %	100 %	100 %	100 %