ARCTIC BLUE HOLDING AS

8400 SORTLAND

Finances

Return on Equity

20,45 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 000	38 000	25 000	46 000
Net Income	9 000	18 000	4 000	33 000
Total Assets	2 952 000	2 747 000	1 311 000	904 000
Total Equity	44 000	35 000	−1 339 000	−1 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 000	38 000	25 000	46 000
Expenditure	19 000	15 000	19 000	11 000
Operating Profit	7 000	23 000	6 000	35 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	0	2 000
Financial Balance	−2 000	−3 000	0	−2 000
Earnings Before Tax	6 000	20 000	6 000	33 000
Tax	−3 000	2 000	2 000	0
Net Income	9 000	18 000	4 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 906 000	2 709 000	1 283 000	783 000
Total Current Assets	46 000	38 000	28 000	121 000
Total Assets	2 952 000	2 747 000	1 311 000	904 000
Total Retained Equity	−58 000	−67 000	−1 441 000	−1 450 000
Total Equity	44 000	35 000	−1 339 000	−1 348 000
Total Long-Term Debt	1 000	0	146 000	0
Total Current Debt	2 907 000	2 712 000	2 503 000	2 252 000
Total Equity and Debt	2 952 000	2 747 000	1 311 000	904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 000	38 000	25 000	46 000
Other Income	8 000	0	0	0
Revenue	26 000	38 000	25 000	46 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	15 000	19 000	11 000
Operating Profit	7 000	23 000	6 000	35 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	0	2 000
Financial Balance	−2 000	−3 000	0	−2 000
Dividends	0	0	0	0
Net Income	9 000	18 000	4 000	33 000

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	2 906 000	2 709 000	1 283 000	783 000
Total Fixed Assets	2 906 000	2 709 000	1 283 000	783 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	38 000	0	0
Total Current Assets	46 000	38 000	28 000	121 000
Total Assets	2 952 000	2 747 000	1 311 000	904 000
Total Equity	44 000	35 000	−1 339 000	−1 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	146 000	0
Creditors	1 000	0	24 000	33 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 906 000	2 708 000	2 479 000	2 218 000
Total Current Debt	2 907 000	2 712 000	2 503 000	2 252 000
Total Equity and Debt	2 952 000	2 747 000	1 311 000	904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,45 %	51,43 %	−0,3 %	−2,45 %
Debt-to-Equity Ratio	0,02	0	−0,11	−0
Operating Profit Margin	26,92 %	60,53 %	24 %	76,09 %
Current Ratio	0,02	0,01	0,01	0,05
Quick Ratio	0,02	0,01	0,01	0,05
Equity Ratio	0,01	0,01	−1,02	−1,49
Gross Profit Margin	100 %	100 %	100 %	100 %