ARCTIC REGNSKAP AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

−71,72 %

Current Ratio

2,1

Debt-to-Equity Ratio

1,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 669 000	1 776 000	1 676 000	1 981 000
Net Income	−104 000	−53 000	−63 000	−61 000
Total Assets	738 000	864 000	643 000	754 000
Total Equity	145 000	250 000	302 000	365 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 669 000	1 776 000	1 676 000	1 981 000
Expenditure	1 686 000	1 839 000	1 735 000	2 058 000
Operating Profit	−16 000	−63 000	−59 000	−77 000
Financial Income	6 000	1 000	3 000	1 000
Financial Costs	16 000	6 000	21 000	2 000
Financial Balance	−10 000	−5 000	−18 000	−1 000
Earnings Before Tax	−27 000	−68 000	−76 000	−78 000
Tax	77 000	−15 000	−13 000	−17 000
Net Income	−104 000	−53 000	−63 000	−61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	99 000	103 000	83 000
Total Current Assets	720 000	765 000	540 000	671 000
Total Assets	738 000	864 000	643 000	754 000
Total Retained Equity	45 000	150 000	202 000	265 000
Total Equity	145 000	250 000	302 000	365 000
Total Long-Term Debt	250 000	250 000	0	0
Total Current Debt	343 000	364 000	341 000	388 000
Total Equity and Debt	738 000	864 000	643 000	754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 669 000	1 775 000	1 676 000	1 981 000
Other Income	0	1 000	0	0
Revenue	1 669 000	1 776 000	1 676 000	1 981 000
Cost of Goods Sold	5 000	0	0	0
Salary Costs	1 301 000	1 372 000	1 247 000	1 347 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 686 000	1 839 000	1 735 000	2 058 000
Operating Profit	−16 000	−63 000	−59 000	−77 000
Financial Income	6 000	1 000	3 000	1 000
Financial Costs	16 000	6 000	21 000	2 000
Financial Balance	−10 000	−5 000	−18 000	−1 000
Dividends	0	0	0	0
Net Income	−104 000	−53 000	−63 000	−61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	77 000	62 000	49 000
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	18 000	22 000	41 000	33 000
Total Fixed Assets	18 000	99 000	103 000	83 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	453 000	360 000	197 000	193 000
Total Current Assets	720 000	765 000	540 000	671 000
Total Assets	738 000	864 000	643 000	754 000
Total Equity	145 000	250 000	302 000	365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	250 000	250 000	0	0
Creditors	118 000	75 000	19 000	77 000
Unpaid Taxes	111 000	162 000	159 000	108 000
Dividends	0	0	0	0
Other Current Debt	115 000	127 000	163 000	204 000
Total Current Debt	343 000	364 000	341 000	388 000
Total Equity and Debt	738 000	864 000	643 000	754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,72 %	−21,2 %	−20,86 %	−16,71 %
Debt-to-Equity Ratio	1,72	1	0	0
Operating Profit Margin	−0,96 %	−3,55 %	−3,52 %	−3,89 %
Current Ratio	2,1	2,1	1,58	1,73
Quick Ratio	2,1	2,1	1,58	1,73
Equity Ratio	0,2	0,29	0,47	0,48
Gross Profit Margin	99,7 %	100 %	100 %	100 %