ARCTIC NET AS

9730 KARASJOK

Finances

Share Ownership

Return on Equity

−1,54 %

Current Ratio

8,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	394 000	445 000	491 000	516 000
Net Income	−5 000	16 000	4 000	13 000
Total Assets	366 000	373 000	350 000	358 000
Total Equity	325 000	330 000	314 000	310 000

Income (NOK)	2022	2021	2020	2019
Revenue	394 000	445 000	491 000	516 000
Expenditure	397 000	425 000	483 000	501 000
Operating Profit	−2 000	20 000	8 000	16 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	4 000	4 000	5 000	5 000
Financial Balance	−3 000	−4 000	−4 000	−3 000
Earnings Before Tax	−5 000	16 000	4 000	13 000
Tax	0	0	0	0
Net Income	−5 000	16 000	4 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	366 000	373 000	350 000	358 000
Total Assets	366 000	373 000	350 000	358 000
Total Retained Equity	225 000	230 000	214 000	210 000
Total Equity	325 000	330 000	314 000	310 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	41 000	43 000	37 000	48 000
Total Equity and Debt	366 000	373 000	350 000	358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	394 000	445 000	489 000	516 000
Other Income	0	0	2 000	0
Revenue	394 000	445 000	491 000	516 000
Cost of Goods Sold	36 000	0	0	2 000
Salary Costs	294 000	312 000	326 000	370 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	397 000	425 000	483 000	501 000
Operating Profit	−2 000	20 000	8 000	16 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	4 000	4 000	5 000	5 000
Financial Balance	−3 000	−4 000	−4 000	−3 000
Dividends	0	0	0	0
Net Income	−5 000	16 000	4 000	13 000

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	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	379 000	358 000	331 000	358 000
Total Current Assets	366 000	373 000	350 000	358 000
Total Assets	366 000	373 000	350 000	358 000
Total Equity	325 000	330 000	314 000	310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	−2 000
Unpaid Taxes	8 000	11 000	10 000	19 000
Dividends	0	0	0	0
Other Current Debt	33 000	32 000	27 000	30 000
Total Current Debt	41 000	43 000	37 000	48 000
Total Equity and Debt	366 000	373 000	350 000	358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,54 %	4,85 %	1,27 %	4,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,51 %	4,49 %	1,63 %	3,1 %
Current Ratio	8,93	8,67	9,46	7,46
Quick Ratio	8,93	8,67	9,46	7,46
Equity Ratio	0,89	0,88	0,9	0,87
Gross Profit Margin	90,86 %	100 %	100 %	99,61 %