ARCTIC-INVEST AS

9730 KARASJOK

Finances

Share Ownership

Return on Equity

56,35 %

Current Ratio

0,34

Debt-to-Equity Ratio

−0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	536 000	453 000	363 000	146 000
Net Income	−173 000	−58 000	−34 000	−87 000
Total Assets	505 000	119 000	83 000	1 000
Total Equity	−307 000	−134 000	−76 000	−43 000

Income (NOK)	2022	2021	2020	2019
Revenue	536 000	453 000	363 000	146 000
Expenditure	709 000	511 000	395 000	233 000
Operating Profit	−173 000	−58 000	−34 000	−87 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−173 000	−58 000	−34 000	−87 000
Tax	0	0	0	0
Net Income	−173 000	−58 000	−34 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	242 000	116 000	117 000	0
Total Current Assets	263 000	3 000	−34 000	1 000
Total Assets	505 000	119 000	83 000	1 000
Total Retained Equity	−357 000	−179 000	−121 000	−87 000
Total Equity	−307 000	−134 000	−76 000	−43 000
Total Long-Term Debt	45 000	−55 000	−55 000	−55 000
Total Current Debt	767 000	308 000	214 000	98 000
Total Equity and Debt	505 000	119 000	83 000	1 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	536 000	453 000	363 000	146 000
Other Income	0	0	0	0
Revenue	536 000	453 000	363 000	146 000
Cost of Goods Sold	224 000	127 000	219 000	161 000
Salary Costs	1 000	0	0	0
Depreciation	68 000	29 000	13 000	0
Impairment	0	0	0	0
Expenditure	709 000	511 000	395 000	233 000
Operating Profit	−173 000	−58 000	−34 000	−87 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−173 000	−58 000	−34 000	−87 000

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	0	0	0	0
Fixtures	242 000	116 000	117 000	0
Total Tangible Assets	242 000	116 000	117 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	242 000	116 000	117 000	0
Stock	105 000	105 000	26 000	26 000
Total Investments	0	0	0	0
Cash, Bank	1 000	−154 000	−89 000	−25 000
Total Current Assets	263 000	3 000	−34 000	1 000
Total Assets	505 000	119 000	83 000	1 000
Total Equity	−307 000	−134 000	−76 000	−43 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 000	−55 000	−55 000	−55 000
Creditors	0	1 000	0	0
Unpaid Taxes	7 000	−13 000	0	0
Dividends	0	0	0	0
Other Current Debt	590 000	321 000	214 000	98 000
Total Current Debt	767 000	308 000	214 000	98 000
Total Equity and Debt	505 000	119 000	83 000	1 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,35 %	43,28 %	44,74 %	202,33 %
Debt-to-Equity Ratio	−0,15	0,41	0,72	1,28
Operating Profit Margin	−32,28 %	−12,8 %	−9,37 %	−59,59 %
Current Ratio	0,34	0,01	−0,16	0,01
Quick Ratio	0,4	0,01	−0,18	0,01
Equity Ratio	−0,61	−1,13	−0,92	−43
Gross Profit Margin	58,21 %	71,96 %	39,67 %	−10,27 %