ARCTIC EMOTION SERVICES AS

9154 STORSLETT

Finances

Share Ownership

Return on Equity

45,13 %

Current Ratio

0,96

Debt-to-Equity Ratio

−1,79

Key figures (NOK)	2022	2021	2020
Revenue	996 000	1 172 000	138 000
Net Income	−51 000	−129 000	−28 000
Total Assets	369 000	413 000	172 000
Total Equity	−113 000	−62 000	67 000

Income (NOK)	2022	2021	2020
Revenue	996 000	1 172 000	138 000
Expenditure	1 060 000	1 338 000	175 000
Operating Profit	−64 000	−165 000	−37 000
Financial Income	0	0	0
Financial Costs	2 000	0	0
Financial Balance	−2 000	0	0
Earnings Before Tax	−66 000	−165 000	−37 000
Tax	−14 000	−36 000	−9 000
Net Income	−51 000	−129 000	−28 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	100 000	99 000	77 000
Total Current Assets	270 000	314 000	95 000
Total Assets	369 000	413 000	172 000
Total Retained Equity	−208 000	−156 000	−28 000
Total Equity	−113 000	−62 000	67 000
Total Long-Term Debt	202 000	202 000	0
Total Current Debt	280 000	273 000	105 000
Total Equity and Debt	369 000	413 000	172 000

Cash flow (NOK)	2022	2021	2020
Sales Income	996 000	1 172 000	138 000
Other Income	0	0	0
Revenue	996 000	1 172 000	138 000
Cost of Goods Sold	685 000	921 000	113 000
Salary Costs	25 000	41 000	0
Depreciation	14 000	14 000	3 000
Impairment	0	0	0
Expenditure	1 060 000	1 338 000	175 000
Operating Profit	−64 000	−165 000	−37 000
Financial Income	0	0	0
Financial Costs	2 000	0	0
Financial Balance	−2 000	0	0
Dividends	0	0	0
Net Income	−51 000	−129 000	−28 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	60 000	46 000	9 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	39 000	53 000	68 000
Total Tangible Assets	39 000	53 000	68 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	100 000	99 000	77 000
Stock	284 000	284 000	70 000
Total Investments	0	0	0
Cash, Bank	3 000	15 000	15 000
Total Current Assets	270 000	314 000	95 000
Total Assets	369 000	413 000	172 000
Total Equity	−113 000	−62 000	67 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	202 000	202 000	0
Creditors	163 000	174 000	27 000
Unpaid Taxes	16 000	4 000	−7 000
Dividends	0	0	0
Other Current Debt	101 000	95 000	85 000
Total Current Debt	280 000	273 000	105 000
Total Equity and Debt	369 000	413 000	172 000

Financial indicators	2022	2021	2020
Return on Equity	45,13 %	208,06 %	−41,79 %
Debt-to-Equity Ratio	−1,79	−3,26	0
Operating Profit Margin	−6,43 %	−14,08 %	−26,81 %
Current Ratio	0,96	1,15	0,9
Quick Ratio	−67,5	−28,55	2,71
Equity Ratio	−0,31	−0,15	0,39
Gross Profit Margin	31,22 %	21,42 %	18,12 %