BTG ARROW III AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

1 420,27 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	17 360 000	6 538 000	3 567 000	2 475 000
Net Income	14 572 000	2 652 000	−324 000	626 000
Total Assets	16 177 000	28 605 000	27 670 000	28 372 000
Total Equity	1 026 000	15 855 000	13 203 000	13 527 000

Income (USD)	2022	2021	2020	2019
Revenue	17 360 000	6 538 000	3 567 000	2 475 000
Expenditure	2 268 000	3 438 000	3 286 000	1 503 000
Operating Profit	15 092 000	3 100 000	281 000	972 000
Financial Income	382 000	1 000	11 000	14 000
Financial Costs	902 000	449 000	616 000	360 000
Financial Balance	−520 000	−448 000	−605 000	−346 000
Earnings Before Tax	14 572 000	2 652 000	−324 000	626 000
Tax	0	0	0	0
Net Income	14 572 000	2 652 000	−324 000	626 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	540 000	23 807 000	25 015 000	25 472 000
Total Current Assets	15 637 000	4 798 000	2 655 000	2 900 000
Total Assets	16 177 000	28 605 000	27 670 000	28 372 000
Total Retained Equity	0	2 652 000	0	252 000
Total Equity	1 026 000	15 855 000	13 203 000	13 527 000
Total Long-Term Debt	0	11 370 000	12 639 000	13 108 000
Total Current Debt	15 151 000	1 380 000	1 828 000	1 736 000
Total Equity and Debt	16 177 000	28 605 000	27 670 000	28 371 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	17 360 000	6 538 000	3 567 000	2 475 000
Revenue	17 360 000	6 538 000	3 567 000	2 475 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	671 000	1 140 000	1 109 000	606 000
Impairment	0	0	0	0
Expenditure	2 268 000	3 438 000	3 286 000	1 503 000
Operating Profit	15 092 000	3 100 000	281 000	972 000
Financial Income	382 000	1 000	11 000	14 000
Financial Costs	902 000	449 000	616 000	360 000
Financial Balance	−520 000	−448 000	−605 000	−346 000
Dividends	0	0	0	0
Net Income	14 572 000	2 652 000	−324 000	626 000

Balance details (USD)	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	0	0	0	0
Total Tangible Assets	0	23 807 000	25 015 000	25 472 000
Total Fiancial Fixed Assets	540 000	0	0	0
Total Fixed Assets	540 000	23 807 000	25 015 000	25 472 000
Stock	0	53 000	27 000	56 000
Total Investments	0	0	0	0
Cash, Bank	478 000	3 381 000	1 777 000	2 051 000
Total Current Assets	15 637 000	4 798 000	2 655 000	2 900 000
Total Assets	16 177 000	28 605 000	27 670 000	28 372 000
Total Equity	1 026 000	15 855 000	13 203 000	13 527 000
Short-Term Group Debt	15 000 000	0	25 000	374 000
Total Long-Term Debt	0	11 370 000	12 639 000	13 108 000
Creditors	0	223 000	152 000	44 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	143 000	186 000	679 000	355 000
Total Current Debt	15 151 000	1 380 000	1 828 000	1 736 000
Total Equity and Debt	16 177 000	28 605 000	27 670 000	28 371 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 420,27 %	16,73 %	−2,45 %	4,63 %
Debt-to-Equity Ratio	0	0,72	0,96	0,97
Operating Profit Margin	86,94 %	47,42 %	7,88 %	39,27 %
Current Ratio	1,03	3,48	1,45	1,67
Quick Ratio	1,03	3,62	1,47	1,73
Equity Ratio	0,06	0,55	0,48	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %