ARCTIC SEAWEED HOLDING AS

4407 FLEKKEFJORD

Finances

Return on Equity

−0,51 %

Current Ratio

2,71

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−422 000	−1 389 000	−117 000
Total Assets	99 334 000	64 582 000	61 938 000
Total Equity	82 963 000	17 838 000	19 227 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	230 000	28 000	69 000
Operating Profit	−230 000	−28 000	−69 000
Financial Income	568 000	157 000	367 000
Financial Costs	760 000	1 518 000	415 000
Financial Balance	−192 000	−1 361 000	−48 000
Earnings Before Tax	−422 000	−1 389 000	−117 000
Tax	0	0	0
Net Income	−422 000	−1 389 000	−117 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	66 641 000	55 016 000	55 016 000
Total Current Assets	32 693 000	9 566 000	6 923 000
Total Assets	99 334 000	64 582 000	61 938 000
Total Retained Equity	0	0	0
Total Equity	82 963 000	17 838 000	19 227 000
Total Long-Term Debt	4 296 000	46 730 000	42 712 000
Total Current Debt	12 075 000	15 000	0
Total Equity and Debt	99 334 000	64 582 000	61 938 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	230 000	28 000	69 000
Operating Profit	−230 000	−28 000	−69 000
Financial Income	568 000	157 000	367 000
Financial Costs	760 000	1 518 000	415 000
Financial Balance	−192 000	−1 361 000	−48 000
Dividends	0	0	0
Net Income	−422 000	−1 389 000	−117 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	66 641 000	55 016 000	55 016 000
Total Fixed Assets	66 641 000	55 016 000	55 016 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	506 000	343 000	6 556 000
Total Current Assets	32 693 000	9 566 000	6 923 000
Total Assets	99 334 000	64 582 000	61 938 000
Total Equity	82 963 000	17 838 000	19 227 000
Short-Term Group Debt	12 000 000	0	0
Total Long-Term Debt	4 296 000	46 730 000	42 712 000
Creditors	45 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	30 000	15 000	0
Total Current Debt	12 075 000	15 000	0
Total Equity and Debt	99 334 000	64 582 000	61 938 000

Financial indicators	2022	2021	2020
Return on Equity	−0,51 %	−7,79 %	−0,61 %
Debt-to-Equity Ratio	0,05	2,62	2,22
Operating Profit Margin	-	-	-
Current Ratio	2,71	637,73	-
Quick Ratio	2,71	637,73	-
Equity Ratio	0,84	0,28	0,31
Gross Profit Margin	-	-	-