ARCTIC BIO AS

9537 TVERRELVDALEN

Finances

Share Ownership

Return on Equity

−5,94 %

Current Ratio

28,19

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 145 000	1 527 000	2 251 000	2 270 000
Net Income	−87 000	4 000	59 000	−3 000
Total Assets	2 252 000	2 631 000	2 994 000	2 949 000
Total Equity	1 465 000	1 553 000	1 548 000	1 490 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 145 000	1 527 000	2 251 000	2 270 000
Expenditure	1 212 000	1 470 000	2 112 000	2 190 000
Operating Profit	−66 000	57 000	139 000	80 000
Financial Income	0	0	1 000	1 000
Financial Costs	46 000	52 000	65 000	85 000
Financial Balance	−46 000	−52 000	−64 000	−84 000
Earnings Before Tax	−112 000	5 000	76 000	−4 000
Tax	−25 000	1 000	17 000	−1 000
Net Income	−87 000	4 000	59 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 491 000	1 658 000	1 826 000	2 046 000
Total Current Assets	761 000	972 000	1 168 000	903 000
Total Assets	2 252 000	2 631 000	2 994 000	2 949 000
Total Retained Equity	1 365 000	1 453 000	1 448 000	1 390 000
Total Equity	1 465 000	1 553 000	1 548 000	1 490 000
Total Long-Term Debt	759 000	973 000	1 160 000	1 333 000
Total Current Debt	27 000	105 000	285 000	127 000
Total Equity and Debt	2 252 000	2 631 000	2 994 000	2 949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 145 000	1 464 000	2 184 000	2 270 000
Other Income	0	62 000	68 000	0
Revenue	1 145 000	1 527 000	2 251 000	2 270 000
Cost of Goods Sold	18 000	4 000	270 000	264 000
Salary Costs	87 000	399 000	429 000	630 000
Depreciation	168 000	168 000	208 000	226 000
Impairment	0	0	0	0
Expenditure	1 212 000	1 470 000	2 112 000	2 190 000
Operating Profit	−66 000	57 000	139 000	80 000
Financial Income	0	0	1 000	1 000
Financial Costs	46 000	52 000	65 000	85 000
Financial Balance	−46 000	−52 000	−64 000	−84 000
Dividends	0	0	0	0
Net Income	−87 000	4 000	59 000	−3 000

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	50 000	105 000	160 000	215 000
Fixtures	0	0	0	47 000
Total Tangible Assets	1 491 000	1 658 000	1 826 000	2 046 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 491 000	1 658 000	1 826 000	2 046 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	585 000	837 000	665 000	618 000
Total Current Assets	761 000	972 000	1 168 000	903 000
Total Assets	2 252 000	2 631 000	2 994 000	2 949 000
Total Equity	1 465 000	1 553 000	1 548 000	1 490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	759 000	973 000	1 160 000	1 333 000
Creditors	23 000	44 000	156 000	12 000
Unpaid Taxes	4 000	15 000	39 000	56 000
Dividends	0	0	0	0
Other Current Debt	1 000	46 000	91 000	58 000
Total Current Debt	27 000	105 000	285 000	127 000
Total Equity and Debt	2 252 000	2 631 000	2 994 000	2 949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,94 %	0,26 %	3,81 %	−0,2 %
Debt-to-Equity Ratio	0,52	0,63	0,75	0,89
Operating Profit Margin	−5,76 %	3,73 %	6,18 %	3,52 %
Current Ratio	28,19	9,26	4,1	7,11
Quick Ratio	28,19	9,26	4,1	7,11
Equity Ratio	0,65	0,59	0,52	0,51
Gross Profit Margin	98,43 %	99,74 %	88,01 %	88,37 %