ARCTIC HAZARD GAME STUDIO AS

1540 VESTBY

Finances

Return on Equity

168,92 %

Current Ratio

0,47

Debt-to-Equity Ratio

−1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 000	1 643 000	255 000	2 239 000
Net Income	−8 564 000	−1 493 000	−69 000	38 000
Total Assets	671 000	9 802 000	568 000	965 000
Total Equity	−5 070 000	3 495 000	−308 000	−239 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 000	1 643 000	255 000	2 239 000
Expenditure	8 261 000	3 466 000	342 000	2 192 000
Operating Profit	−8 218 000	−1 824 000	−87 000	48 000
Financial Income	0	0	1 000	5 000
Financial Costs	1 000	89 000	3 000	4 000
Financial Balance	−1 000	−89 000	−2 000	1 000
Earnings Before Tax	−8 219 000	−1 913 000	−89 000	49 000
Tax	345 000	−420 000	−20 000	11 000
Net Income	−8 564 000	−1 493 000	−69 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	429 000	762 000	279 000	318 000
Total Current Assets	243 000	9 040 000	289 000	647 000
Total Assets	671 000	9 802 000	568 000	965 000
Total Retained Equity	−5 212 000	−1 904 000	−408 000	−339 000
Total Equity	−5 070 000	3 495 000	−308 000	−239 000
Total Long-Term Debt	5 222 000	5 222 000	0	0
Total Current Debt	519 000	1 085 000	876 000	1 203 000
Total Equity and Debt	671 000	9 802 000	568 000	965 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	0	0	0
Other Income	0	1 643 000	255 000	2 239 000
Revenue	43 000	1 643 000	255 000	2 239 000
Cost of Goods Sold	2 620 000	754 000	16 000	155 000
Salary Costs	4 454 000	1 901 000	22 000	1 540 000
Depreciation	145 000	62 000	59 000	40 000
Impairment	0	0	0	0
Expenditure	8 261 000	3 466 000	342 000	2 192 000
Operating Profit	−8 218 000	−1 824 000	−87 000	48 000
Financial Income	0	0	1 000	5 000
Financial Costs	1 000	89 000	3 000	4 000
Financial Balance	−1 000	−89 000	−2 000	1 000
Dividends	0	0	0	0
Net Income	−8 564 000	−1 493 000	−69 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	612 000	191 000	172 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	429 000	151 000	87 000	146 000
Total Tangible Assets	429 000	151 000	87 000	146 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	429 000	762 000	279 000	318 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	8 779 000	1 000	390 000
Total Current Assets	243 000	9 040 000	289 000	647 000
Total Assets	671 000	9 802 000	568 000	965 000
Total Equity	−5 070 000	3 495 000	−308 000	−239 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 222 000	5 222 000	0	0
Creditors	47 000	17 000	1 000	0
Unpaid Taxes	8 000	402 000	111 000	220 000
Dividends	0	0	0	0
Other Current Debt	731 000	666 000	764 000	982 000
Total Current Debt	519 000	1 085 000	876 000	1 203 000
Total Equity and Debt	671 000	9 802 000	568 000	965 000

Financial indicators	2022	2021	2020	2019
Return on Equity	168,92 %	−42,72 %	22,4 %	−15,9 %
Debt-to-Equity Ratio	−1,03	1,49	−0	−0
Operating Profit Margin	−19 111,63 %	−111,02 %	−34,12 %	2,14 %
Current Ratio	0,47	8,33	0,33	0,54
Quick Ratio	0,47	8,33	0,33	0,54
Equity Ratio	−7,56	0,36	−0,54	−0,25
Gross Profit Margin	−5 993,02 %	54,11 %	93,73 %	93,08 %