ARCTIC SPAS MARKETING NORWAY DA

4050 SOLA

Finances

Share Ownership

Return on Equity

−128,19 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 500 000	1 464 000	1 697 000	1 301 000
Net Income	−523 000	−251 000	−28 000	142 000
Total Assets	785 000	1 035 000	1 278 000	1 476 000
Total Equity	408 000	930 000	1 181 000	1 209 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 500 000	1 464 000	1 697 000	1 301 000
Expenditure	2 030 000	1 716 000	1 726 000	1 160 000
Operating Profit	−530 000	−252 000	−29 000	141 000
Financial Income	8 000	2 000	1 000	2 000
Financial Costs	0	1 000	0	0
Financial Balance	8 000	1 000	1 000	2 000
Earnings Before Tax	−523 000	−251 000	−28 000	142 000
Tax	0	0	0	0
Net Income	−523 000	−251 000	−28 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	785 000	1 035 000	1 278 000	1 476 000
Total Assets	785 000	1 035 000	1 278 000	1 476 000
Total Retained Equity	408 000	930 000	1 181 000	1 209 000
Total Equity	408 000	930 000	1 181 000	1 209 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	378 000	105 000	96 000	267 000
Total Equity and Debt	785 000	1 035 000	1 278 000	1 476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 500 000	1 464 000	1 697 000	1 301 000
Other Income	0	0	0	0
Revenue	1 500 000	1 464 000	1 697 000	1 301 000
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	2 030 000	1 716 000	1 726 000	1 160 000
Operating Profit	−530 000	−252 000	−29 000	141 000
Financial Income	8 000	2 000	1 000	2 000
Financial Costs	0	1 000	0	0
Financial Balance	8 000	1 000	1 000	2 000
Dividends	0	0	0	0
Net Income	−523 000	−251 000	−28 000	142 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	512 000	668 000	699 000	35 000
Total Current Assets	785 000	1 035 000	1 278 000	1 476 000
Total Assets	785 000	1 035 000	1 278 000	1 476 000
Total Equity	408 000	930 000	1 181 000	1 209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	358 000	17 000	1 000	1 000
Unpaid Taxes	20 000	88 000	96 000	260 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	6 000
Total Current Debt	378 000	105 000	96 000	267 000
Total Equity and Debt	785 000	1 035 000	1 278 000	1 476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−128,19 %	−26,99 %	−2,37 %	11,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−35,33 %	−17,21 %	−1,71 %	10,84 %
Current Ratio	2,08	9,86	13,31	5,53
Quick Ratio	2,08	9,86	13,31	5,53
Equity Ratio	0,52	0,9	0,92	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %