ARCTIC WAVE FILMS AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

300 %

Current Ratio

0,58

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	35 000	33 819 000	0
Net Income	−15 000	−9 000	−5 000
Total Assets	7 000	10 000	25 000
Total Equity	−5 000	10 000	25 000

Income (NOK)	2022	2021	2020
Revenue	35 000	33 819 000	0
Expenditure	41 000	33 831 000	5 000
Operating Profit	−6 000	−12 000	−5 000
Financial Income	0	0	0
Financial Costs	4 000	2 000	1 000
Financial Balance	−4 000	−2 000	−1 000
Earnings Before Tax	−9 000	−13 000	−7 000
Tax	6 000	−4 000	−1 000
Net Income	−15 000	−9 000	−5 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	6 000	1 000
Total Current Assets	7 000	5 000	23 000
Total Assets	7 000	10 000	25 000
Total Retained Equity	−29 000	−14 000	−5 000
Total Equity	−5 000	10 000	25 000
Total Long-Term Debt	0	0	0
Total Current Debt	12 000	0	0
Total Equity and Debt	7 000	10 000	25 000

Cash flow (NOK)	2022	2021	2020
Sales Income	35 000	33 819 000	0
Other Income	0	0	0
Revenue	35 000	33 819 000	0
Cost of Goods Sold	0	33 819 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	41 000	33 831 000	5 000
Operating Profit	−6 000	−12 000	−5 000
Financial Income	0	0	0
Financial Costs	4 000	2 000	1 000
Financial Balance	−4 000	−2 000	−1 000
Dividends	0	0	0
Net Income	−15 000	−9 000	−5 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	6 000	1 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	6 000	1 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	2 000	18 000
Total Current Assets	7 000	5 000	23 000
Total Assets	7 000	10 000	25 000
Total Equity	−5 000	10 000	25 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	12 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	12 000	0	0
Total Equity and Debt	7 000	10 000	25 000

Financial indicators	2022	2021	2020
Return on Equity	300 %	−90 %	−20 %
Debt-to-Equity Ratio	−0	0	0
Operating Profit Margin	−17,14 %	−0,04 %	-
Current Ratio	0,58	-	-
Quick Ratio	0,58	-	-
Equity Ratio	−0,71	1	1
Gross Profit Margin	100 %	0 %	-