ARCADE DRILLING AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

73,52 %

Current Ratio

9,36

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 905 000	564 000	−2 506 000	−2 852 000
Total Assets	2 901 000	994 000	44 485 000	51 947 000
Total Equity	2 591 000	686 000	43 037 000	45 543 000

Income (USD)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	4 000	309 000	2 000	17 000
Operating Profit	−4 000	−309 000	−2 000	−17 000
Financial Income	0	873 000	1 211 000	1 577 000
Financial Costs	5 000	0	0	2 000
Financial Balance	−5 000	873 000	1 211 000	1 575 000
Earnings Before Tax	−9 000	564 000	1 209 000	1 558 000
Tax	−1 914 000	0	3 715 000	4 410 000
Net Income	1 905 000	564 000	−2 506 000	−2 852 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 901 000	994 000	44 485 000	51 947 000
Total Assets	2 901 000	994 000	44 485 000	51 947 000
Total Retained Equity	2 585 000	680 000	43 031 000	45 537 000
Total Equity	2 591 000	686 000	43 037 000	45 543 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	310 000	308 000	1 448 000	6 404 000
Total Equity and Debt	2 901 000	994 000	44 485 000	51 947 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 000	309 000	2 000	17 000
Operating Profit	−4 000	−309 000	−2 000	−17 000
Financial Income	0	873 000	1 211 000	1 577 000
Financial Costs	5 000	0	0	2 000
Financial Balance	−5 000	873 000	1 211 000	1 575 000
Dividends	0	0	0	0
Net Income	1 905 000	564 000	−2 506 000	−2 852 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	298 000	305 000	5 062 000	5 999 000
Total Current Assets	2 901 000	994 000	44 485 000	51 947 000
Total Assets	2 901 000	994 000	44 485 000	51 947 000
Total Equity	2 591 000	686 000	43 037 000	45 543 000
Short-Term Group Debt	306 000	304 000	1 445 000	6 398 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	3 000	6 000
Total Current Debt	310 000	308 000	1 448 000	6 404 000
Total Equity and Debt	2 901 000	994 000	44 485 000	51 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,52 %	82,22 %	−5,82 %	−6,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	9,36	3,23	30,72	8,11
Quick Ratio	9,36	3,23	30,72	8,11
Equity Ratio	0,89	0,69	0,97	0,88
Gross Profit Margin	-	-	-	-