LIVE ARCTIC AS

3925 PORSGRUNN

Finances

Share Ownership

Return on Equity

81,82 %

Current Ratio

0,57

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	16 000
Net Income	−18 000	−12 000	5 000	−45 000
Total Assets	39 000	31 000	115 000	75 000
Total Equity	−22 000	−28 000	−35 000	−97 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	16 000
Expenditure	25 000	17 000	11 000	68 000
Operating Profit	−25 000	−17 000	−11 000	−52 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−25 000	−17 000	−11 000	−52 000
Tax	−7 000	−5 000	−16 000	−8 000
Net Income	−18 000	−12 000	5 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	5 000	5 000	5 000
Total Current Assets	34 000	26 000	110 000	70 000
Total Assets	39 000	31 000	115 000	75 000
Total Retained Equity	−226 000	−232 000	−2 145 000	−2 150 000
Total Equity	−22 000	−28 000	−35 000	−97 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	60 000	59 000	151 000	172 000
Total Equity and Debt	39 000	31 000	115 000	75 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	16 000
Other Income	0	0	0	0
Revenue	0	0	0	16 000
Cost of Goods Sold	0	0	−10 000	43 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 000	17 000	11 000	68 000
Operating Profit	−25 000	−17 000	−11 000	−52 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−18 000	−12 000	5 000	−45 000

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	5 000	5 000	5 000	5 000
Total Fixed Assets	5 000	5 000	5 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	16 000	14 000	13 000
Total Current Assets	34 000	26 000	110 000	70 000
Total Assets	39 000	31 000	115 000	75 000
Total Equity	−22 000	−28 000	−35 000	−97 000
Short-Term Group Debt	0	0	0	13 000
Total Long-Term Debt	0	0	0	0
Creditors	4 000	2 000	2 000	2 000
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	57 000	57 000	149 000	156 000
Total Current Debt	60 000	59 000	151 000	172 000
Total Equity and Debt	39 000	31 000	115 000	75 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,82 %	42,86 %	−14,29 %	46,39 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	-	-	−325 %
Current Ratio	0,57	0,44	0,73	0,41
Quick Ratio	0,57	0,44	0,73	0,41
Equity Ratio	−0,56	−0,9	−0,3	−1,29
Gross Profit Margin	-	-	-	−168,75 %