ARCTIC CANDY AS

9018 TROMSØ

Finances

Share Ownership

Return on Equity

106,45 %

Current Ratio

3,18

Debt-to-Equity Ratio

3,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	132 000	46 000	326 000	440 000
Net Income	33 000	12 000	37 000	21 000
Total Assets	191 000	106 000	140 000	162 000
Total Equity	31 000	−2 000	−13 000	−50 000

Income (NOK)	2022	2021	2020	2019
Revenue	132 000	46 000	326 000	440 000
Expenditure	100 000	34 000	286 000	415 000
Operating Profit	33 000	13 000	40 000	25 000
Financial Income	0	0	0	2 000
Financial Costs	0	1 000	3 000	6 000
Financial Balance	0	−1 000	−3 000	−4 000
Earnings Before Tax	33 000	12 000	37 000	21 000
Tax	0	0	0	0
Net Income	33 000	12 000	37 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	191 000	106 000	140 000	162 000
Total Assets	191 000	106 000	140 000	162 000
Total Retained Equity	−69 000	−102 000	−113 000	−150 000
Total Equity	31 000	−2 000	−13 000	−50 000
Total Long-Term Debt	100 000	100 000	150 000	175 000
Total Current Debt	60 000	7 000	3 000	38 000
Total Equity and Debt	191 000	106 000	140 000	162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	132 000	46 000	326 000	440 000
Other Income	0	0	0	0
Revenue	132 000	46 000	326 000	440 000
Cost of Goods Sold	0	12 000	175 000	175 000
Salary Costs	73 000	0	1 000	143 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	100 000	34 000	286 000	415 000
Operating Profit	33 000	13 000	40 000	25 000
Financial Income	0	0	0	2 000
Financial Costs	0	1 000	3 000	6 000
Financial Balance	0	−1 000	−3 000	−4 000
Dividends	0	0	0	0
Net Income	33 000	12 000	37 000	21 000

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	5 000
Total Investments	0	0	0	0
Cash, Bank	99 000	65 000	113 000	99 000
Total Current Assets	191 000	106 000	140 000	162 000
Total Assets	191 000	106 000	140 000	162 000
Total Equity	31 000	−2 000	−13 000	−50 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	100 000	150 000	175 000
Creditors	0	1 000	0	3 000
Unpaid Taxes	51 000	5 000	3 000	22 000
Dividends	0	0	0	0
Other Current Debt	9 000	1 000	0	12 000
Total Current Debt	60 000	7 000	3 000	38 000
Total Equity and Debt	191 000	106 000	140 000	162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,45 %	−600 %	−284,62 %	−42 %
Debt-to-Equity Ratio	3,23	−50	−11,54	−3,5
Operating Profit Margin	25 %	28,26 %	12,27 %	5,68 %
Current Ratio	3,18	15,14	46,67	4,26
Quick Ratio	3,18	15,14	46,67	4,91
Equity Ratio	0,16	−0,02	−0,09	−0,31
Gross Profit Margin	100 %	73,91 %	46,32 %	60,23 %