ARCTIC BUS NORWAY AS

8340 STAMSUND

Finances

Share Ownership

Return on Equity

−8,64 %

Current Ratio

9,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 000	0	0	0
Net Income	−207 000	−405 000	1 804 000	1 896 000
Total Assets	2 525 000	2 733 000	3 914 000	2 022 000
Total Equity	2 396 000	2 603 000	3 632 000	2 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 000	0	0	0
Expenditure	255 000	403 000	630 000	176 000
Operating Profit	−230 000	−403 000	−629 000	−176 000
Financial Income	41 000	1 000	2 435 000	2 076 000
Financial Costs	17 000	2 000	2 000	3 000
Financial Balance	24 000	−1 000	2 433 000	2 073 000
Earnings Before Tax	−207 000	−405 000	1 804 000	1 896 000
Tax	0	0	0	0
Net Income	−207 000	−405 000	1 804 000	1 896 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 313 000	166 000	254 000	678 000
Total Current Assets	1 212 000	2 567 000	3 660 000	1 344 000
Total Assets	2 525 000	2 733 000	3 914 000	2 022 000
Total Retained Equity	2 294 000	2 501 000	3 530 000	1 920 000
Total Equity	2 396 000	2 603 000	3 632 000	2 022 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	129 000	130 000	282 000	0
Total Equity and Debt	2 525 000	2 733 000	3 914 000	2 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 000	0	0	0
Other Income	0	0	0	0
Revenue	26 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	193 000	353 000	589 000	105 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	255 000	403 000	630 000	176 000
Operating Profit	−230 000	−403 000	−629 000	−176 000
Financial Income	41 000	1 000	2 435 000	2 076 000
Financial Costs	17 000	2 000	2 000	3 000
Financial Balance	24 000	−1 000	2 433 000	2 073 000
Dividends	0	0	0	0
Net Income	−207 000	−405 000	1 804 000	1 896 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 313 000	166 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 313 000	166 000	0	0
Total Fiancial Fixed Assets	0	0	254 000	678 000
Total Fixed Assets	1 313 000	166 000	254 000	678 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 116 000	1 345 000	3 241 000	1 324 000
Total Current Assets	1 212 000	2 567 000	3 660 000	1 344 000
Total Assets	2 525 000	2 733 000	3 914 000	2 022 000
Total Equity	2 396 000	2 603 000	3 632 000	2 022 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	5 000	12 000	0
Unpaid Taxes	0	24 000	181 000	0
Dividends	0	0	0	0
Other Current Debt	122 000	101 000	89 000	0
Total Current Debt	129 000	130 000	282 000	0
Total Equity and Debt	2 525 000	2 733 000	3 914 000	2 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,64 %	−15,56 %	49,67 %	93,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−884,62 %	-	-	-
Current Ratio	9,4	19,75	12,98	-
Quick Ratio	9,4	19,75	12,98	-
Equity Ratio	0,95	0,95	0,93	1
Gross Profit Margin	100 %	-	-	-