ARTIC LIGHT AS

3622 SVENE

Finances

Share Ownership

Return on Equity

−42,87 %

Current Ratio

3,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 132 000	1 452 000	1 340 000	635 000
Net Income	−872 000	−635 000	−246 000	−618 000
Total Assets	2 984 000	3 742 000	4 154 000	4 154 000
Total Equity	2 034 000	2 906 000	3 540 000	3 786 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 132 000	1 452 000	1 340 000	635 000
Expenditure	2 028 000	2 101 000	1 636 000	1 307 000
Operating Profit	−896 000	−648 000	−295 000	−671 000
Financial Income	25 000	17 000	50 000	56 000
Financial Costs	0	3 000	1 000	3 000
Financial Balance	25 000	14 000	49 000	53 000
Earnings Before Tax	−872 000	−635 000	−246 000	−618 000
Tax	0	0	0	0
Net Income	−872 000	−635 000	−246 000	−618 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	176 000	312 000	159 000
Total Current Assets	2 921 000	3 566 000	3 842 000	3 995 000
Total Assets	2 984 000	3 742 000	4 154 000	4 154 000
Total Retained Equity	1 934 000	2 806 000	3 440 000	3 686 000
Total Equity	2 034 000	2 906 000	3 540 000	3 786 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	950 000	836 000	614 000	368 000
Total Equity and Debt	2 984 000	3 742 000	4 154 000	4 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 000	137 000	294 000	535 000
Other Income	1 080 000	1 315 000	1 046 000	100 000
Revenue	1 132 000	1 452 000	1 340 000	635 000
Cost of Goods Sold	164 000	217 000	52 000	19 000
Salary Costs	1 150 000	1 067 000	896 000	687 000
Depreciation	137 000	161 000	159 000	125 000
Impairment	0	0	0	0
Expenditure	2 028 000	2 101 000	1 636 000	1 307 000
Operating Profit	−896 000	−648 000	−295 000	−671 000
Financial Income	25 000	17 000	50 000	56 000
Financial Costs	0	3 000	1 000	3 000
Financial Balance	25 000	14 000	49 000	53 000
Dividends	0	0	0	0
Net Income	−872 000	−635 000	−246 000	−618 000

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	63 000	176 000	312 000	159 000
Total Tangible Assets	63 000	176 000	312 000	159 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	63 000	176 000	312 000	159 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 992 000	2 552 000	2 624 000	2 660 000
Total Current Assets	2 921 000	3 566 000	3 842 000	3 995 000
Total Assets	2 984 000	3 742 000	4 154 000	4 154 000
Total Equity	2 034 000	2 906 000	3 540 000	3 786 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	12 000	29 000	16 000
Unpaid Taxes	67 000	68 000	65 000	53 000
Dividends	0	0	0	0
Other Current Debt	868 000	756 000	520 000	299 000
Total Current Debt	950 000	836 000	614 000	368 000
Total Equity and Debt	2 984 000	3 742 000	4 154 000	4 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,87 %	−21,85 %	−6,95 %	−16,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−79,15 %	−44,63 %	−22,01 %	−105,67 %
Current Ratio	3,07	4,27	6,26	10,86
Quick Ratio	3,07	4,27	6,26	10,86
Equity Ratio	0,68	0,78	0,85	0,91
Gross Profit Margin	85,51 %	85,06 %	96,12 %	97,01 %