ARCTIC ANTENNA AS

5381 GLESVÆR

Finances

Share Ownership

Return on Equity

6,12 %

Current Ratio

0,35

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 108 000	1 149 000	2 645 000	5 182 000
Net Income	−78 000	−424 000	116 000	−671 000
Total Assets	689 000	818 000	1 145 000	1 607 000
Total Equity	−1 274 000	−1 196 000	−772 000	−1 487 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 108 000	1 149 000	2 645 000	5 182 000
Expenditure	946 000	1 503 000	2 554 000	5 856 000
Operating Profit	−78 000	−400 000	92 000	−674 000
Financial Income	0	0	31 000	8 000
Financial Costs	0	24 000	8 000	6 000
Financial Balance	0	−24 000	23 000	2 000
Earnings Before Tax	−78 000	−424 000	116 000	−671 000
Tax	0	0	0	0
Net Income	−78 000	−424 000	116 000	−671 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	5 000	5 000	5 000
Total Current Assets	684 000	813 000	1 140 000	1 602 000
Total Assets	689 000	818 000	1 145 000	1 607 000
Total Retained Equity	−1 974 000	−1 896 000	−1 472 000	−1 588 000
Total Equity	−1 274 000	−1 196 000	−772 000	−1 487 000
Total Long-Term Debt	0	0	1 456 000	2 516 000
Total Current Debt	1 963 000	2 014 000	461 000	578 000
Total Equity and Debt	689 000	818 000	1 145 000	1 607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 108 000	1 149 000	2 645 000	5 182 000
Other Income	0	0	0	0
Revenue	1 108 000	1 149 000	2 645 000	5 182 000
Cost of Goods Sold	176 000	310 000	606 000	2 591 000
Salary Costs	330 000	540 000	1 043 000	2 416 000
Depreciation	0	0	0	22 000
Impairment	0	0	0	0
Expenditure	946 000	1 503 000	2 554 000	5 856 000
Operating Profit	−78 000	−400 000	92 000	−674 000
Financial Income	0	0	31 000	8 000
Financial Costs	0	24 000	8 000	6 000
Financial Balance	0	−24 000	23 000	2 000
Dividends	0	0	0	0
Net Income	−78 000	−424 000	116 000	−671 000

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	5 000	0	5 000	5 000
Fixtures	0	5 000	0	0
Total Tangible Assets	5 000	5 000	5 000	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	5 000	5 000	5 000
Stock	429 000	668 000	714 000	874 000
Total Investments	0	0	0	0
Cash, Bank	0	0	6 000	87 000
Total Current Assets	684 000	813 000	1 140 000	1 602 000
Total Assets	689 000	818 000	1 145 000	1 607 000
Total Equity	−1 274 000	−1 196 000	−772 000	−1 487 000
Short-Term Group Debt	603 000	535 000	0	0
Total Long-Term Debt	0	0	1 456 000	2 516 000
Creditors	75 000	57 000	56 000	111 000
Unpaid Taxes	−13 000	206 000	174 000	146 000
Dividends	0	0	0	0
Other Current Debt	1 299 000	1 217 000	230 000	322 000
Total Current Debt	1 963 000	2 014 000	461 000	578 000
Total Equity and Debt	689 000	818 000	1 145 000	1 607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,12 %	35,45 %	−15,03 %	45,12 %
Debt-to-Equity Ratio	−0	−0	−1,89	−1,69
Operating Profit Margin	−7,04 %	−34,81 %	3,48 %	−13,01 %
Current Ratio	0,35	0,4	2,47	2,77
Quick Ratio	0,45	0,6	−4,51	−5,41
Equity Ratio	−1,85	−1,46	−0,67	−0,93
Gross Profit Margin	84,12 %	73,02 %	77,09 %	50 %