ARCTICEVENT-NARVIK AS

8516 NARVIK

Finances

Share Ownership

Return on Equity

125,29 %

Current Ratio

0,15

Debt-to-Equity Ratio

−2,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	586 000	878 000	242 000	118 000
Net Income	−109 000	107 000	−101 000	−15 000
Total Assets	397 000	593 000	478 000	560 000
Total Equity	−87 000	22 000	−85 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	586 000	878 000	242 000	118 000
Expenditure	671 000	741 000	314 000	131 000
Operating Profit	−86 000	138 000	−73 000	−12 000
Financial Income	0	−1 000	0	0
Financial Costs	26 000	28 000	24 000	7 000
Financial Balance	−26 000	−29 000	−24 000	−7 000
Earnings Before Tax	−111 000	109 000	−96 000	−19 000
Tax	−2 000	2 000	4 000	−4 000
Net Income	−109 000	107 000	−101 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	362 000	433 000	461 000	547 000
Total Current Assets	35 000	159 000	17 000	13 000
Total Assets	397 000	593 000	478 000	560 000
Total Retained Equity	−117 000	−8 000	−115 000	−15 000
Total Equity	−87 000	22 000	−85 000	15 000
Total Long-Term Debt	247 000	279 000	303 000	338 000
Total Current Debt	238 000	292 000	260 000	206 000
Total Equity and Debt	397 000	593 000	478 000	560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	576 000	885 000	231 000	118 000
Other Income	10 000	−6 000	11 000	0
Revenue	586 000	878 000	242 000	118 000
Cost of Goods Sold	100 000	62 000	3 000	7 000
Salary Costs	340 000	309 000	106 000	0
Depreciation	56 000	55 000	53 000	22 000
Impairment	0	0	0	0
Expenditure	671 000	741 000	314 000	131 000
Operating Profit	−86 000	138 000	−73 000	−12 000
Financial Income	0	−1 000	0	0
Financial Costs	26 000	28 000	24 000	7 000
Financial Balance	−26 000	−29 000	−24 000	−7 000
Dividends	0	0	0	0
Net Income	−109 000	107 000	−101 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	239 000	293 000	303 000	18 000
Fixtures	124 000	126 000	143 000	525 000
Total Tangible Assets	362 000	418 000	446 000	542 000
Total Fiancial Fixed Assets	0	15 000	15 000	0
Total Fixed Assets	362 000	433 000	461 000	547 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	108 000	6 000	11 000
Total Current Assets	35 000	159 000	17 000	13 000
Total Assets	397 000	593 000	478 000	560 000
Total Equity	−87 000	22 000	−85 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	247 000	279 000	303 000	338 000
Creditors	−4 000	15 000	29 000	3 000
Unpaid Taxes	−2 000	22 000	28 000	0
Dividends	0	0	0	0
Other Current Debt	245 000	254 000	203 000	203 000
Total Current Debt	238 000	292 000	260 000	206 000
Total Equity and Debt	397 000	593 000	478 000	560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,29 %	486,36 %	118,82 %	−100 %
Debt-to-Equity Ratio	−2,84	12,68	−3,56	22,53
Operating Profit Margin	−14,68 %	15,72 %	−30,17 %	−10,17 %
Current Ratio	0,15	0,54	0,07	0,06
Quick Ratio	0,15	0,54	0,07	0,06
Equity Ratio	−0,22	0,04	−0,18	0,03
Gross Profit Margin	82,94 %	92,94 %	98,76 %	94,07 %