ARCTIC LIGHT AS

1344 HASLUM

Finances

Return on Equity

26,11 %

Current Ratio

396,88

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 000	60 000	60 000	166 000
Net Income	1 557 000	1 759 000	14 000	725 000
Total Assets	6 987 000	5 435 000	3 677 000	3 690 000
Total Equity	5 963 000	4 406 000	2 647 000	2 634 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 000	60 000	60 000	166 000
Expenditure	16 000	15 000	18 000	48 000
Operating Profit	44 000	45 000	42 000	118 000
Financial Income	1 525 000	2 017 000	689 000	629 000
Financial Costs	0	293 000	705 000	0
Financial Balance	1 525 000	1 724 000	−16 000	629 000
Earnings Before Tax	1 569 000	1 769 000	26 000	747 000
Tax	12 000	10 000	13 000	21 000
Net Income	1 557 000	1 759 000	14 000	725 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 000	469 000	687 000	687 000
Total Current Assets	6 747 000	4 966 000	2 990 000	3 003 000
Total Assets	6 987 000	5 435 000	3 677 000	3 690 000
Total Retained Equity	5 663 000	4 106 000	2 347 000	2 334 000
Total Equity	5 963 000	4 406 000	2 647 000	2 634 000
Total Long-Term Debt	1 007 000	1 006 000	1 005 000	1 005 000
Total Current Debt	17 000	23 000	25 000	52 000
Total Equity and Debt	6 987 000	5 435 000	3 677 000	3 690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	60 000	60 000	166 000
Other Income	0	0	0	0
Revenue	60 000	60 000	60 000	166 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	16 000	15 000	18 000	48 000
Operating Profit	44 000	45 000	42 000	118 000
Financial Income	1 525 000	2 017 000	689 000	629 000
Financial Costs	0	293 000	705 000	0
Financial Balance	1 525 000	1 724 000	−16 000	629 000
Dividends	0	0	0	0
Net Income	1 557 000	1 759 000	14 000	725 000

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	21 000	0	0	0
Total Tangible Assets	21 000	0	0	0
Total Fiancial Fixed Assets	219 000	469 000	687 000	687 000
Total Fixed Assets	240 000	469 000	687 000	687 000
Stock	0	0	0	0
Total Investments	2 099 000	1 143 000	2 092 000	2 383 000
Cash, Bank	4 648 000	2 730 000	898 000	621 000
Total Current Assets	6 747 000	4 966 000	2 990 000	3 003 000
Total Assets	6 987 000	5 435 000	3 677 000	3 690 000
Total Equity	5 963 000	4 406 000	2 647 000	2 634 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 007 000	1 006 000	1 005 000	1 005 000
Creditors	0	0	0	0
Unpaid Taxes	6 000	13 000	12 000	32 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	17 000	23 000	25 000	52 000
Total Equity and Debt	6 987 000	5 435 000	3 677 000	3 690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,11 %	39,92 %	0,53 %	27,52 %
Debt-to-Equity Ratio	0,17	0,23	0,38	0,38
Operating Profit Margin	73,33 %	75 %	70 %	71,08 %
Current Ratio	396,88	215,91	119,6	57,75
Quick Ratio	396,88	215,91	119,6	57,75
Equity Ratio	0,85	0,81	0,72	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %