ARCTICSOFTWARE.NO AS

4818 FÆRVIK

Finances

Share Ownership

Return on Equity

71,2 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 638 000	580 000	0	0
Net Income	131 000	31 000	−3 000	−6 000
Total Assets	752 000	574 000	24 000	24 000
Total Equity	184 000	53 000	22 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 638 000	580 000	0	0
Expenditure	1 470 000	542 000	3 000	6 000
Operating Profit	168 000	38 000	−3 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	168 000	38 000	−3 000	−6 000
Tax	37 000	7 000	0	0
Net Income	131 000	31 000	−3 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	19 000	0	0
Total Current Assets	740 000	555 000	24 000	24 000
Total Assets	752 000	574 000	24 000	24 000
Total Retained Equity	154 000	23 000	−8 000	−6 000
Total Equity	184 000	53 000	22 000	24 000
Total Long-Term Debt	3 000	1 000	0	0
Total Current Debt	565 000	520 000	3 000	0
Total Equity and Debt	752 000	574 000	24 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 638 000	580 000	0	0
Other Income	0	0	0	0
Revenue	1 638 000	580 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 384 000	494 000	0	0
Depreciation	7 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	1 470 000	542 000	3 000	6 000
Operating Profit	168 000	38 000	−3 000	−6 000
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	131 000	31 000	−3 000	−6 000

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	12 000	19 000	0	0
Total Tangible Assets	12 000	19 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	19 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	565 000	211 000	24 000	24 000
Total Current Assets	740 000	555 000	24 000	24 000
Total Assets	752 000	574 000	24 000	24 000
Total Equity	184 000	53 000	22 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	1 000	0	0
Creditors	1 000	5 000	0	0
Unpaid Taxes	184 000	346 000	0	0
Dividends	0	0	0	0
Other Current Debt	344 000	163 000	3 000	0
Total Current Debt	565 000	520 000	3 000	0
Total Equity and Debt	752 000	574 000	24 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,2 %	58,49 %	−13,64 %	−25 %
Debt-to-Equity Ratio	0,02	0,02	0	0
Operating Profit Margin	10,26 %	6,55 %	-	-
Current Ratio	1,31	1,07	8	-
Quick Ratio	1,31	1,07	8	-
Equity Ratio	0,24	0,09	0,92	1
Gross Profit Margin	100 %	100 %	-	-