ARCTIC EIENDOMSDRIFT AS

8072 BODØ

Finances

Share Ownership

Return on Equity

5,51 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	257 000	307 000	52 000	0
Net Income	−44 000	−89 000	−38 000	−62 000
Total Assets	115 000	160 000	214 000	229 000
Total Equity	−798 000	−754 000	−665 000	−627 000

Income (NOK)	2022	2021	2020	2019
Revenue	257 000	307 000	52 000	0
Expenditure	303 000	394 000	84 000	56 000
Operating Profit	−45 000	−87 000	−32 000	−56 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	3 000	6 000	5 000
Financial Balance	1 000	−2 000	−6 000	−5 000
Earnings Before Tax	−44 000	−89 000	−38 000	−62 000
Tax	0	0	0	0
Net Income	−44 000	−89 000	−38 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	152 000	199 000	199 000
Total Current Assets	9 000	8 000	15 000	30 000
Total Assets	115 000	160 000	214 000	229 000
Total Retained Equity	−898 000	−89 000	−765 000	−727 000
Total Equity	−798 000	−754 000	−665 000	−627 000
Total Long-Term Debt	500 000	500 000	521 000	559 000
Total Current Debt	413 000	414 000	357 000	298 000
Total Equity and Debt	115 000	160 000	214 000	229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	257 000	307 000	52 000	0
Other Income	0	0	0	0
Revenue	257 000	307 000	52 000	0
Cost of Goods Sold	7 000	9 000	0	0
Salary Costs	150 000	187 000	21 000	0
Depreciation	47 000	47 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	303 000	394 000	84 000	56 000
Operating Profit	−45 000	−87 000	−32 000	−56 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	3 000	6 000	5 000
Financial Balance	1 000	−2 000	−6 000	−5 000
Dividends	0	0	0	0
Net Income	−44 000	−89 000	−38 000	−62 000

Balance details (NOK)	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	105 000	152 000	0	0
Fixtures	0	0	199 000	199 000
Total Tangible Assets	105 000	152 000	199 000	199 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	105 000	152 000	199 000	199 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	0	5 000	0
Total Current Assets	9 000	8 000	15 000	30 000
Total Assets	115 000	160 000	214 000	229 000
Total Equity	−798 000	−754 000	−665 000	−627 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	500 000	521 000	559 000
Creditors	358 000	380 000	17 000	3 000
Unpaid Taxes	41 000	20 000	16 000	0
Dividends	0	0	0	0
Other Current Debt	14 000	13 000	325 000	294 000
Total Current Debt	413 000	414 000	357 000	298 000
Total Equity and Debt	115 000	160 000	214 000	229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,51 %	11,8 %	5,71 %	9,89 %
Debt-to-Equity Ratio	−0,63	−0,66	−0,78	−0,89
Operating Profit Margin	−17,51 %	−28,34 %	−61,54 %	-
Current Ratio	0,02	0,02	0,04	0,1
Quick Ratio	0,02	0,02	0,04	0,1
Equity Ratio	−6,94	−4,71	−3,11	−2,74
Gross Profit Margin	97,28 %	97,07 %	100 %	-