ARCTIC SPEARFISHING AS

8372 GRAVDAL

Finances

Share Ownership

Return on Equity

91,38 %

Current Ratio

1,81

Debt-to-Equity Ratio

−4,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	99 000	158 000	216 000	161 000
Net Income	−106 000	−40 000	0	0
Total Assets	517 000	575 000	650 000	633 000
Total Equity	−116 000	−9 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	99 000	158 000	216 000	161 000
Expenditure	205 000	232 000	182 000	159 000
Operating Profit	−106 000	−73 000	34 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	0	−1 000
Earnings Before Tax	−106 000	−75 000	34 000	1 000
Tax	0	−35 000	34 000	0
Net Income	−106 000	−40 000	0	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	396 000	455 000	460 000	0
Total Current Assets	121 000	120 000	190 000	633 000
Total Assets	517 000	575 000	650 000	633 000
Total Retained Equity	−146 000	−39 000	0	0
Total Equity	−116 000	−9 000	30 000	30 000
Total Long-Term Debt	566 000	566 000	566 000	566 000
Total Current Debt	67 000	18 000	54 000	37 000
Total Equity and Debt	517 000	575 000	650 000	633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 000	68 000	216 000	161 000
Other Income	13 000	90 000	0	0
Revenue	99 000	158 000	216 000	161 000
Cost of Goods Sold	31 000	18 000	40 000	82 000
Salary Costs	3 000	6 000	4 000	0
Depreciation	59 000	58 000	38 000	0
Impairment	0	0	0	0
Expenditure	205 000	232 000	182 000	159 000
Operating Profit	−106 000	−73 000	34 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	0	−1 000
Dividends	0	0	0	0
Net Income	−106 000	−40 000	0	0

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	52 000	75 000	99 000	0
Fixtures	33 000	43 000	0	0
Total Tangible Assets	396 000	455 000	460 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	396 000	455 000	460 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	121 000	110 000	190 000	536 000
Total Current Assets	121 000	120 000	190 000	633 000
Total Assets	517 000	575 000	650 000	633 000
Total Equity	−116 000	−9 000	30 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	566 000	566 000	566 000	566 000
Creditors	0	0	0	0
Unpaid Taxes	0	−3 000	0	−6 000
Dividends	0	0	0	0
Other Current Debt	67 000	21 000	24 000	43 000
Total Current Debt	67 000	18 000	54 000	37 000
Total Equity and Debt	517 000	575 000	650 000	633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,38 %	444,44 %	0 %	0 %
Debt-to-Equity Ratio	−4,88	−62,89	18,87	18,87
Operating Profit Margin	−107,07 %	−46,2 %	15,74 %	1,24 %
Current Ratio	1,81	6,67	3,52	17,11
Quick Ratio	1,81	6,67	3,52	17,11
Equity Ratio	−0,22	−0,02	0,05	0,05
Gross Profit Margin	68,69 %	88,61 %	81,48 %	49,07 %