ARCTIC FISH EXPORT AS

8770 TRÆNA

Finances

Return on Equity

−3,58 %

Current Ratio

77,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	153 000	76 000	37 187 000	34 735 000
Net Income	−46 000	−1 367 000	1 313 000	772 000
Total Assets	1 300 000	1 359 000	5 434 000	5 855 000
Total Equity	1 286 000	1 332 000	2 959 000	3 592 000

Income (NOK)	2022	2021	2020	2019
Revenue	153 000	76 000	37 187 000	34 735 000
Expenditure	227 000	267 000	35 502 000	33 696 000
Operating Profit	−64 000	−226 000	1 712 000	1 044 000
Financial Income	19 000	17 000	70 000	89 000
Financial Costs	0	1 158 000	93 000	135 000
Financial Balance	19 000	−1 141 000	−23 000	−46 000
Earnings Before Tax	−46 000	−1 367 000	1 690 000	998 000
Tax	0	0	377 000	226 000
Net Income	−46 000	−1 367 000	1 313 000	772 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	210 000	30 000	1 157 000	394 000
Total Current Assets	1 090 000	1 329 000	4 277 000	5 460 000
Total Assets	1 300 000	1 359 000	5 434 000	5 855 000
Total Retained Equity	1 074 000	1 120 000	2 747 000	3 180 000
Total Equity	1 286 000	1 332 000	2 959 000	3 592 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 000	27 000	2 475 000	2 263 000
Total Equity and Debt	1 300 000	1 359 000	5 434 000	5 855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	153 000	76 000	37 187 000	34 735 000
Other Income	0	0	0	0
Revenue	153 000	76 000	37 187 000	34 735 000
Cost of Goods Sold	122 000	61 000	30 947 000	29 691 000
Salary Costs	11 000	23 000	537 000	1 118 000
Depreciation	0	27 000	48 000	48 000
Impairment	0	0	0	0
Expenditure	227 000	267 000	35 502 000	33 696 000
Operating Profit	−64 000	−226 000	1 712 000	1 044 000
Financial Income	19 000	17 000	70 000	89 000
Financial Costs	0	1 158 000	93 000	135 000
Financial Balance	19 000	−1 141 000	−23 000	−46 000
Dividends	0	0	0	0
Net Income	−46 000	−1 367 000	1 313 000	772 000

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	27 000	74 000
Total Tangible Assets	0	0	27 000	74 000
Total Fiancial Fixed Assets	210 000	30 000	1 130 000	320 000
Total Fixed Assets	210 000	30 000	1 157 000	394 000
Stock	10 000	0	35 000	8 000
Total Investments	0	0	0	0
Cash, Bank	1 019 000	1 319 000	2 573 000	2 384 000
Total Current Assets	1 090 000	1 329 000	4 277 000	5 460 000
Total Assets	1 300 000	1 359 000	5 434 000	5 855 000
Total Equity	1 286 000	1 332 000	2 959 000	3 592 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	3 000	398 000	722 000
Unpaid Taxes	11 000	19 000	3 000	55 000
Dividends	0	0	0	0
Other Current Debt	2 000	6 000	1 698 000	1 260 000
Total Current Debt	14 000	27 000	2 475 000	2 263 000
Total Equity and Debt	1 300 000	1 359 000	5 434 000	5 855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,58 %	−102,63 %	44,37 %	21,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−41,83 %	−297,37 %	4,6 %	3,01 %
Current Ratio	77,86	49,22	1,73	2,41
Quick Ratio	272,5	49,22	1,75	2,42
Equity Ratio	0,99	0,98	0,54	0,61
Gross Profit Margin	20,26 %	19,74 %	16,78 %	14,52 %