ARCTIC ALOHA AS

8480 ANDENES

Finances

Share Ownership

Return on Equity

−8,82 %

Current Ratio

0,49

Debt-to-Equity Ratio

5,58

Key figures (NOK)	2022	2021	2020
Revenue	131 000	253 000	84 000
Net Income	−9 000	56 000	30 000
Total Assets	718 000	179 000	100 000
Total Equity	102 000	110 000	55 000

Income (NOK)	2022	2021	2020
Revenue	131 000	253 000	84 000
Expenditure	138 000	181 000	46 000
Operating Profit	−8 000	71 000	38 000
Financial Income	0	0	0
Financial Costs	3 000	0	0
Financial Balance	−3 000	0	0
Earnings Before Tax	−10 000	71 000	38 000
Tax	−1 000	16 000	8 000
Net Income	−9 000	56 000	30 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	695 000	54 000	63 000
Total Current Assets	23 000	124 000	36 000
Total Assets	718 000	179 000	100 000
Total Retained Equity	77 000	86 000	30 000
Total Equity	102 000	110 000	55 000
Total Long-Term Debt	569 000	4 000	2 000
Total Current Debt	47 000	65 000	43 000
Total Equity and Debt	718 000	179 000	100 000

Cash flow (NOK)	2022	2021	2020
Sales Income	131 000	228 000	84 000
Other Income	0	25 000	0
Revenue	131 000	253 000	84 000
Cost of Goods Sold	20 000	68 000	2 000
Salary Costs	0	0	0
Depreciation	11 000	9 000	0
Impairment	0	0	0
Expenditure	138 000	181 000	46 000
Operating Profit	−8 000	71 000	38 000
Financial Income	0	0	0
Financial Costs	3 000	0	0
Financial Balance	−3 000	0	0
Dividends	0	0	0
Net Income	−9 000	56 000	30 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	687 000	42 000	47 000
Machinery and Plant Facilities	0	0	0
Fixtures	8 000	12 000	17 000
Total Tangible Assets	695 000	54 000	63 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	695 000	54 000	63 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 000	108 000	20 000
Total Current Assets	23 000	124 000	36 000
Total Assets	718 000	179 000	100 000
Total Equity	102 000	110 000	55 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	569 000	4 000	2 000
Creditors	17 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	30 000	51 000	37 000
Total Current Debt	47 000	65 000	43 000
Total Equity and Debt	718 000	179 000	100 000

Financial indicators	2022	2021	2020
Return on Equity	−8,82 %	50,91 %	54,55 %
Debt-to-Equity Ratio	5,58	0,04	0,04
Operating Profit Margin	−6,11 %	28,06 %	45,24 %
Current Ratio	0,49	1,91	0,84
Quick Ratio	0,49	1,91	0,84
Equity Ratio	0,14	0,61	0,55
Gross Profit Margin	84,73 %	73,12 %	97,62 %