ARCTIC LIGHT PRODUCTS AS

9020 TROMSDALEN

Finances

Share Ownership

Return on Equity

5,88 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	291 000	418 000	213 000	189 000
Net Income	−119 000	103 000	−53 000	−26 000
Total Assets	39 000	224 000	82 000	54 000
Total Equity	−2 024 000	−1 905 000	−2 009 000	−1 956 000

Income (NOK)	2022	2021	2020	2019
Revenue	291 000	418 000	213 000	189 000
Expenditure	392 000	307 000	260 000	209 000
Operating Profit	−102 000	110 000	−48 000	−20 000
Financial Income	0	0	0	0
Financial Costs	17 000	7 000	6 000	6 000
Financial Balance	−17 000	−7 000	−6 000	−6 000
Earnings Before Tax	−119 000	103 000	−53 000	−26 000
Tax	0	0	0	0
Net Income	−119 000	103 000	−53 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	39 000	224 000	82 000	54 000
Total Assets	39 000	224 000	82 000	54 000
Total Retained Equity	−2 124 000	−2 005 000	−2 109 000	−2 056 000
Total Equity	−2 024 000	−1 905 000	−2 009 000	−1 956 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 063 000	2 129 000	2 090 000	2 010 000
Total Equity and Debt	39 000	224 000	82 000	54 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	291 000	418 000	213 000	189 000
Other Income	0	0	0	0
Revenue	291 000	418 000	213 000	189 000
Cost of Goods Sold	192 000	123 000	111 000	44 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	392 000	307 000	260 000	209 000
Operating Profit	−102 000	110 000	−48 000	−20 000
Financial Income	0	0	0	0
Financial Costs	17 000	7 000	6 000	6 000
Financial Balance	−17 000	−7 000	−6 000	−6 000
Dividends	0	0	0	0
Net Income	−119 000	103 000	−53 000	−26 000

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	11 000	29 000	50 000	8 000
Total Investments	0	0	0	0
Cash, Bank	19 000	170 000	16 000	38 000
Total Current Assets	39 000	224 000	82 000	54 000
Total Assets	39 000	224 000	82 000	54 000
Total Equity	−2 024 000	−1 905 000	−2 009 000	−1 956 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 302 000	1 348 000	1 361 000	1 348 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	761 000	781 000	728 000	662 000
Total Current Debt	2 063 000	2 129 000	2 090 000	2 010 000
Total Equity and Debt	39 000	224 000	82 000	54 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,88 %	−5,41 %	2,64 %	1,33 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−35,05 %	26,32 %	−22,54 %	−10,58 %
Current Ratio	0,02	0,11	0,04	0,03
Quick Ratio	0,02	0,11	0,04	0,03
Equity Ratio	−51,9	−8,5	−24,5	−36,22
Gross Profit Margin	34,02 %	70,57 %	47,89 %	76,72 %