ARCTIC BREEZE AS

9016 TROMSØ

Finances

Share Ownership

Return on Equity

41,57 %

Current Ratio

0,73

Debt-to-Equity Ratio

4,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 754 000	2 210 000	3 162 000	2 429 000
Net Income	1 082 000	−133 000	420 000	159 000
Total Assets	14 930 000	14 546 000	11 309 000	11 091 000
Total Equity	2 603 000	1 523 000	1 656 000	1 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 754 000	2 210 000	3 162 000	2 429 000
Expenditure	3 073 000	2 217 000	2 526 000	1 977 000
Operating Profit	1 681 000	−8 000	637 000	452 000
Financial Income	0	0	0	0
Financial Costs	292 000	157 000	98 000	249 000
Financial Balance	−292 000	−157 000	−98 000	−249 000
Earnings Before Tax	1 389 000	−165 000	539 000	204 000
Tax	308 000	−32 000	119 000	45 000
Net Income	1 082 000	−133 000	420 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 658 000	13 144 000	9 986 000	10 294 000
Total Current Assets	1 272 000	1 402 000	1 323 000	798 000
Total Assets	14 930 000	14 546 000	11 309 000	11 091 000
Total Retained Equity	2 503 000	1 423 000	1 556 000	1 134 000
Total Equity	2 603 000	1 523 000	1 656 000	1 234 000
Total Long-Term Debt	10 587 000	12 966 000	9 393 000	9 648 000
Total Current Debt	1 740 000	57 000	261 000	210 000
Total Equity and Debt	14 930 000	14 546 000	11 309 000	11 091 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 385 000	853 000	1 640 000	1 093 000
Other Income	1 369 000	1 357 000	1 522 000	1 336 000
Revenue	4 754 000	2 210 000	3 162 000	2 429 000
Cost of Goods Sold	23 000	7 000	6 000	17 000
Salary Costs	0	1 000	591 000	166 000
Depreciation	640 000	614 000	585 000	408 000
Impairment	0	0	0	0
Expenditure	3 073 000	2 217 000	2 526 000	1 977 000
Operating Profit	1 681 000	−8 000	637 000	452 000
Financial Income	0	0	0	0
Financial Costs	292 000	157 000	98 000	249 000
Financial Balance	−292 000	−157 000	−98 000	−249 000
Dividends	0	0	0	0
Net Income	1 082 000	−133 000	420 000	159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 553 000	11 817 000	8 722 000	8 988 000
Machinery and Plant Facilities	437 000	499 000	262 000	23 000
Fixtures	668 000	828 000	1 002 000	1 283 000
Total Tangible Assets	13 658 000	13 144 000	9 986 000	10 294 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 658 000	13 144 000	9 986 000	10 294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	923 000	1 351 000	966 000	488 000
Total Current Assets	1 272 000	1 402 000	1 323 000	798 000
Total Assets	14 930 000	14 546 000	11 309 000	11 091 000
Total Equity	2 603 000	1 523 000	1 656 000	1 234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 587 000	12 966 000	9 393 000	9 648 000
Creditors	1 312 000	30 000	23 000	137 000
Unpaid Taxes	0	0	−10 000	9 000
Dividends	0	0	0	0
Other Current Debt	92 000	27 000	148 000	64 000
Total Current Debt	1 740 000	57 000	261 000	210 000
Total Equity and Debt	14 930 000	14 546 000	11 309 000	11 091 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,57 %	−8,73 %	25,36 %	12,88 %
Debt-to-Equity Ratio	4,07	8,51	5,67	7,82
Operating Profit Margin	35,36 %	−0,36 %	20,15 %	18,61 %
Current Ratio	0,73	24,6	5,07	3,8
Quick Ratio	0,73	24,6	5,07	3,8
Equity Ratio	0,17	0,1	0,15	0,11
Gross Profit Margin	99,52 %	99,68 %	99,81 %	99,3 %