ARCTEC AS

9302 ROSSFJORDSTRAUMEN

Finances

Share Ownership

Return on Equity

336,84 %

Current Ratio

0,83

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	485 000	626 000	341 000	638 000
Net Income	−64 000	32 000	14 000	−27 000
Total Assets	90 000	192 000	81 000	91 000
Total Equity	−19 000	46 000	13 000	−1 000

Income (NOK)	2022	2021	2020	2019
Revenue	485 000	626 000	341 000	638 000
Expenditure	544 000	589 000	327 000	665 000
Operating Profit	−60 000	37 000	14 000	−27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−60 000	37 000	14 000	−27 000
Tax	5 000	5 000	0	0
Net Income	−64 000	32 000	14 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	90 000	192 000	81 000	91 000
Total Assets	90 000	192 000	81 000	91 000
Total Retained Equity	−49 000	16 000	−17 000	−31 000
Total Equity	−19 000	46 000	13 000	−1 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	108 000	146 000	68 000	92 000
Total Equity and Debt	90 000	192 000	81 000	91 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	485 000	626 000	341 000	638 000
Other Income	0	0	0	0
Revenue	485 000	626 000	341 000	638 000
Cost of Goods Sold	40 000	49 000	3 000	33 000
Salary Costs	437 000	495 000	283 000	554 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	544 000	589 000	327 000	665 000
Operating Profit	−60 000	37 000	14 000	−27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−64 000	32 000	14 000	−27 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	77 000	188 000	77 000	91 000
Total Current Assets	90 000	192 000	81 000	91 000
Total Assets	90 000	192 000	81 000	91 000
Total Equity	−19 000	46 000	13 000	−1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	51 000	21 000	1 000	4 000
Unpaid Taxes	33 000	69 000	38 000	28 000
Dividends	0	0	0	0
Other Current Debt	24 000	52 000	29 000	59 000
Total Current Debt	108 000	146 000	68 000	92 000
Total Equity and Debt	90 000	192 000	81 000	91 000

Financial indicators	2022	2021	2020	2019
Return on Equity	336,84 %	69,57 %	107,69 %	2 700 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−12,37 %	5,91 %	4,11 %	−4,23 %
Current Ratio	0,83	1,32	1,19	0,99
Quick Ratio	0,83	1,32	1,19	0,99
Equity Ratio	−0,21	0,24	0,16	−0,01
Gross Profit Margin	91,75 %	92,17 %	99,12 %	94,83 %