ARCTIC ANLEGG AS

9517 ALTA

Finances

Share Ownership

Return on Equity

−35,16 %

Current Ratio

1,07

Debt-to-Equity Ratio

3,36

Key figures (NOK)	2022	2021	2020
Revenue	2 894 000	2 078 000	1 113 000
Net Income	−32 000	32 000	61 000
Total Assets	839 000	726 000	351 000
Total Equity	91 000	123 000	91 000

Income (NOK)	2022	2021	2020
Revenue	2 894 000	2 078 000	1 113 000
Expenditure	2 897 000	2 018 000	1 032 000
Operating Profit	−3 000	60 000	80 000
Financial Income	1 000	0	0
Financial Costs	39 000	20 000	1 000
Financial Balance	−38 000	−20 000	−1 000
Earnings Before Tax	−41 000	40 000	79 000
Tax	−9 000	9 000	18 000
Net Income	−32 000	32 000	61 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	365 000	480 000	54 000
Total Current Assets	474 000	246 000	298 000
Total Assets	839 000	726 000	351 000
Total Retained Equity	61 000	93 000	61 000
Total Equity	91 000	123 000	91 000
Total Long-Term Debt	306 000	409 000	3 000
Total Current Debt	443 000	194 000	257 000
Total Equity and Debt	839 000	726 000	351 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 894 000	2 078 000	1 108 000
Other Income	0	0	5 000
Revenue	2 894 000	2 078 000	1 113 000
Cost of Goods Sold	95 000	143 000	12 000
Salary Costs	1 673 000	861 000	569 000
Depreciation	115 000	53 000	3 000
Impairment	0	0	0
Expenditure	2 897 000	2 018 000	1 032 000
Operating Profit	−3 000	60 000	80 000
Financial Income	1 000	0	0
Financial Costs	39 000	20 000	1 000
Financial Balance	−38 000	−20 000	−1 000
Dividends	0	0	0
Net Income	−32 000	32 000	61 000

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	135 000	190 000	54 000
Fixtures	230 000	290 000	0
Total Tangible Assets	365 000	480 000	54 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	365 000	480 000	54 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	419 000	107 000	85 000
Total Current Assets	474 000	246 000	298 000
Total Assets	839 000	726 000	351 000
Total Equity	91 000	123 000	91 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	306 000	409 000	3 000
Creditors	104 000	69 000	89 000
Unpaid Taxes	114 000	49 000	89 000
Dividends	0	0	0
Other Current Debt	225 000	76 000	65 000
Total Current Debt	443 000	194 000	257 000
Total Equity and Debt	839 000	726 000	351 000

Financial indicators	2022	2021	2020
Return on Equity	−35,16 %	26,02 %	67,03 %
Debt-to-Equity Ratio	3,36	3,33	0,03
Operating Profit Margin	−0,1 %	2,89 %	7,19 %
Current Ratio	1,07	1,27	1,16
Quick Ratio	1,07	1,27	1,16
Equity Ratio	0,11	0,17	0,26
Gross Profit Margin	96,72 %	93,12 %	98,92 %