ARCTIC CENTRE AS

9470 GRATANGEN

Finances

Share Ownership

Return on Equity

9,09 %

Current Ratio

0,36

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	368 000	94 000	267 000	108 000
Net Income	−36 000	−69 000	304 000	−98 000
Total Assets	219 000	83 000	106 000	462 000
Total Equity	−396 000	−501 000	−2 870 000	−3 175 000

Income (NOK)	2021	2020	2019	2018
Revenue	368 000	94 000	267 000	108 000
Expenditure	370 000	163 000	−38 000	205 000
Operating Profit	−2 000	−69 000	305 000	−98 000
Financial Income	0	0	0	0
Financial Costs	34 000	0	0	0
Financial Balance	−34 000	0	0	0
Earnings Before Tax	−36 000	−69 000	304 000	−98 000
Tax	0	0	0	0
Net Income	−36 000	−69 000	304 000	−98 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	219 000	83 000	106 000	462 000
Total Assets	219 000	83 000	106 000	462 000
Total Retained Equity	−496 000	−601 000	−2 970 000	−3 275 000
Total Equity	−396 000	−501 000	−2 870 000	−3 175 000
Total Long-Term Debt	0	125 000	2 563 000	2 563 000
Total Current Debt	615 000	460 000	414 000	1 074 000
Total Equity and Debt	219 000	83 000	106 000	462 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	368 000	94 000	267 000	108 000
Other Income	0	0	0	0
Revenue	368 000	94 000	267 000	108 000
Cost of Goods Sold	54 000	−2 000	33 000	10 000
Salary Costs	0	0	−83 000	0
Depreciation	0	0	0	7 000
Impairment	0	0	0	0
Expenditure	370 000	163 000	−38 000	205 000
Operating Profit	−2 000	−69 000	305 000	−98 000
Financial Income	0	0	0	0
Financial Costs	34 000	0	0	0
Financial Balance	−34 000	0	0	0
Dividends	0	0	0	0
Net Income	−36 000	−69 000	304 000	−98 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	219 000	54 000	43 000	124 000
Total Current Assets	219 000	83 000	106 000	462 000
Total Assets	219 000	83 000	106 000	462 000
Total Equity	−396 000	−501 000	−2 870 000	−3 175 000
Short-Term Group Debt	0	0	0	572 000
Total Long-Term Debt	0	125 000	2 563 000	2 563 000
Creditors	205 000	252 000	210 000	259 000
Unpaid Taxes	14 000	0	29 000	29 000
Dividends	0	0	0	0
Other Current Debt	396 000	207 000	176 000	215 000
Total Current Debt	615 000	460 000	414 000	1 074 000
Total Equity and Debt	219 000	83 000	106 000	462 000

Financial indicators	2021	2020	2019	2018
Return on Equity	9,09 %	13,77 %	−10,59 %	3,09 %
Debt-to-Equity Ratio	−0	−0,25	−0,89	−0,81
Operating Profit Margin	−0,54 %	−73,4 %	114,23 %	−90,74 %
Current Ratio	0,36	0,18	0,26	0,43
Quick Ratio	0,36	0,18	0,26	0,43
Equity Ratio	−1,81	−6,04	−27,08	−6,87
Gross Profit Margin	85,33 %	102,13 %	87,64 %	90,74 %