ARCTIC RIB EVENT AS

8072 BODØ

Finances

Return on Equity

−36,6 %

Current Ratio

5,57

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 000	420 000	401 000	1 665 000
Net Income	−168 000	116 000	−43 000	681 000
Total Assets	1 053 000	900 000	1 031 000	2 581 000
Total Equity	459 000	626 000	510 000	1 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 000	420 000	401 000	1 665 000
Expenditure	252 000	273 000	405 000	813 000
Operating Profit	−204 000	148 000	−5 000	853 000
Financial Income	0	2 000	2 000	0
Financial Costs	10 000	1 000	52 000	76 000
Financial Balance	−10 000	1 000	−50 000	−76 000
Earnings Before Tax	−215 000	149 000	−55 000	777 000
Tax	−47 000	33 000	−12 000	96 000
Net Income	−168 000	116 000	−43 000	681 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	680 000	451 000	468 000	662 000
Total Current Assets	373 000	449 000	563 000	1 919 000
Total Assets	1 053 000	900 000	1 031 000	2 581 000
Total Retained Equity	279 000	446 000	330 000	978 000
Total Equity	459 000	626 000	510 000	1 158 000
Total Long-Term Debt	527 000	75 000	84 000	392 000
Total Current Debt	67 000	199 000	437 000	1 031 000
Total Equity and Debt	1 053 000	900 000	1 031 000	2 581 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 000	289 000	311 000	560 000
Other Income	0	131 000	90 000	1 105 000
Revenue	47 000	420 000	401 000	1 665 000
Cost of Goods Sold	57 000	12 000	71 000	252 000
Salary Costs	0	0	0	1 000
Depreciation	71 000	67 000	161 000	194 000
Impairment	0	0	0	0
Expenditure	252 000	273 000	405 000	813 000
Operating Profit	−204 000	148 000	−5 000	853 000
Financial Income	0	2 000	2 000	0
Financial Costs	10 000	1 000	52 000	76 000
Financial Balance	−10 000	1 000	−50 000	−76 000
Dividends	0	0	0	0
Net Income	−168 000	116 000	−43 000	681 000

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	9 000	18 000	26 000
Total Tangible Assets	475 000	46 000	112 000	273 000
Total Fiancial Fixed Assets	205 000	405 000	355 000	389 000
Total Fixed Assets	680 000	451 000	468 000	662 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	305 000	24 000	252 000	20 000
Total Current Assets	373 000	449 000	563 000	1 919 000
Total Assets	1 053 000	900 000	1 031 000	2 581 000
Total Equity	459 000	626 000	510 000	1 158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	527 000	75 000	84 000	392 000
Creditors	51 000	83 000	58 000	177 000
Unpaid Taxes	1 000	42 000	−5 000	111 000
Dividends	0	0	0	0
Other Current Debt	15 000	33 000	384 000	559 000
Total Current Debt	67 000	199 000	437 000	1 031 000
Total Equity and Debt	1 053 000	900 000	1 031 000	2 581 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,6 %	18,53 %	−8,43 %	58,81 %
Debt-to-Equity Ratio	1,15	0,12	0,16	0,34
Operating Profit Margin	−434,04 %	35,24 %	−1,25 %	51,23 %
Current Ratio	5,57	2,26	1,29	1,86
Quick Ratio	5,57	2,26	1,29	1,86
Equity Ratio	0,44	0,7	0,49	0,45
Gross Profit Margin	−21,28 %	97,14 %	82,29 %	84,86 %