ARCTIC DRONE & PHOTOGRAPHY AS

9700 LAKSELV

Finances

Share Ownership

Return on Equity

12 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	24 000	13 000	35 000
Net Income	3 000	−11 000	9 000
Total Assets	84 000	67 000	71 000
Total Equity	25 000	22 000	33 000

Income (NOK)	2022	2021	2020
Revenue	24 000	13 000	35 000
Expenditure	20 000	24 000	25 000
Operating Profit	3 000	−11 000	10 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	3 000	−11 000	9 000
Tax	0	0	1 000
Net Income	3 000	−11 000	9 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	8 000	14 000	0
Total Current Assets	76 000	53 000	71 000
Total Assets	84 000	67 000	71 000
Total Retained Equity	−5 000	−8 000	3 000
Total Equity	25 000	22 000	33 000
Total Long-Term Debt	0	0	0
Total Current Debt	59 000	45 000	38 000
Total Equity and Debt	84 000	67 000	71 000

Cash flow (NOK)	2022	2021	2020
Sales Income	24 000	13 000	35 000
Other Income	0	0	0
Revenue	24 000	13 000	35 000
Cost of Goods Sold	2 000	0	0
Salary Costs	0	0	0
Depreciation	6 000	4 000	0
Impairment	0	0	0
Expenditure	20 000	24 000	25 000
Operating Profit	3 000	−11 000	10 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	3 000	−11 000	9 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	8 000	14 000	0
Total Tangible Assets	8 000	14 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	8 000	14 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	71 000	53 000	71 000
Total Current Assets	76 000	53 000	71 000
Total Assets	84 000	67 000	71 000
Total Equity	25 000	22 000	33 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	59 000	45 000	37 000
Total Current Debt	59 000	45 000	38 000
Total Equity and Debt	84 000	67 000	71 000

Financial indicators	2022	2021	2020
Return on Equity	12 %	−50 %	27,27 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	12,5 %	−84,62 %	28,57 %
Current Ratio	1,29	1,18	1,87
Quick Ratio	1,29	1,18	1,87
Equity Ratio	0,3	0,33	0,46
Gross Profit Margin	91,67 %	100 %	100 %