ARCTIC EARTH SCIENCE, AES, AS

5528 HAUGESUND

Finances

Share Ownership

Return on Equity

7,65 %

Current Ratio

17,27

Debt-to-Equity Ratio

34,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	309 000	0	0	0
Net Income	178 000	−34 000	−486 000	−1 511 000
Total Assets	83 055 000	82 282 000	83 310 000	86 454 000
Total Equity	2 327 000	2 149 000	2 183 000	5 426 000

Income (NOK)	2022	2021	2020	2019
Revenue	309 000	0	0	0
Expenditure	136 000	36 000	476 000	1 481 000
Operating Profit	173 000	−36 000	−476 000	−1 481 000
Financial Income	5 000	2 000	26 000	54 000
Financial Costs	0	0	36 000	83 000
Financial Balance	5 000	2 000	−10 000	−29 000
Earnings Before Tax	178 000	−34 000	−486 000	−1 511 000
Tax	0	0	0	0
Net Income	178 000	−34 000	−486 000	−1 511 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	82 294 000	82 009 000	81 849 000	83 284 000
Total Current Assets	760 000	273 000	1 461 000	3 169 000
Total Assets	83 055 000	82 282 000	83 310 000	86 454 000
Total Retained Equity	178 000	0	0	0
Total Equity	2 327 000	2 149 000	2 183 000	5 426 000
Total Long-Term Debt	80 684 000	80 124 000	81 113 000	80 413 000
Total Current Debt	44 000	10 000	15 000	615 000
Total Equity and Debt	83 055 000	82 282 000	83 310 000	86 454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	309 000	0	0	0
Other Income	0	0	0	0
Revenue	309 000	0	0	0
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	136 000	36 000	476 000	1 481 000
Operating Profit	173 000	−36 000	−476 000	−1 481 000
Financial Income	5 000	2 000	26 000	54 000
Financial Costs	0	0	36 000	83 000
Financial Balance	5 000	2 000	−10 000	−29 000
Dividends	0	0	0	0
Net Income	178 000	−34 000	−486 000	−1 511 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	2 700 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	2 700 000
Total Fiancial Fixed Assets	82 294 000	82 009 000	81 849 000	80 584 000
Total Fixed Assets	82 294 000	82 009 000	81 849 000	83 284 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	760 000	273 000	919 000	3 169 000
Total Current Assets	760 000	273 000	1 461 000	3 169 000
Total Assets	83 055 000	82 282 000	83 310 000	86 454 000
Total Equity	2 327 000	2 149 000	2 183 000	5 426 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 684 000	80 124 000	81 113 000	80 413 000
Creditors	44 000	10 000	15 000	615 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	44 000	10 000	15 000	615 000
Total Equity and Debt	83 055 000	82 282 000	83 310 000	86 454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,65 %	−1,58 %	−22,26 %	−27,85 %
Debt-to-Equity Ratio	34,67	37,28	37,16	14,82
Operating Profit Margin	55,99 %	-	-	-
Current Ratio	17,27	27,3	97,4	5,15
Quick Ratio	17,27	27,3	97,4	5,15
Equity Ratio	0,03	0,03	0,03	0,06
Gross Profit Margin	100 %	-	-	-