ARCTIC HIKE AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

−25 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	743 000	580 000	306 000	0
Net Income	−119 000	0	0	0
Total Assets	1 269 000	1 154 000	1 506 000	595 000
Total Equity	476 000	595 000	595 000	595 000

Income (NOK)	2022	2021	2020
Revenue	743 000	580 000	306 000
Expenditure	862 000	580 000	306 000
Operating Profit	−119 000	0	0
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−119 000	0	0
Tax	0	0	0
Net Income	−119 000	0	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 269 000	1 154 000	1 506 000	595 000
Total Assets	1 269 000	1 154 000	1 506 000	595 000
Total Retained Equity	−118 000	0	0	0
Total Equity	476 000	595 000	595 000	595 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	793 000	559 000	911 000	0
Total Equity and Debt	1 269 000	1 154 000	1 506 000	595 000

Cash flow (NOK)	2022	2021	2020
Sales Income	250 000	99 000	120 000
Other Income	493 000	481 000	186 000
Revenue	743 000	580 000	306 000
Cost of Goods Sold	705 000	157 000	129 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	862 000	580 000	306 000
Operating Profit	−119 000	0	0
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−119 000	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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	589 000	345 000	726 000	595 000
Total Current Assets	1 269 000	1 154 000	1 506 000	595 000
Total Assets	1 269 000	1 154 000	1 506 000	595 000
Total Equity	476 000	595 000	595 000	595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	793 000	67 000	7 000	0
Unpaid Taxes	0	0	−31 000	0
Dividends	0	0	0	0
Other Current Debt	0	493 000	936 000	0
Total Current Debt	793 000	559 000	911 000	0
Total Equity and Debt	1 269 000	1 154 000	1 506 000	595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25 %	0 %	0 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,02 %	0 %	0 %	-
Current Ratio	1,6	2,06	1,65	-
Quick Ratio	1,6	2,06	1,65	-
Equity Ratio	0,38	0,52	0,4	1
Gross Profit Margin	5,11 %	72,93 %	57,84 %	-