ARCTIC BASE INVEST AS

1364 FORNEBU

Finances

Return on Equity

27,34 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	841 000	380 000	459 000	111 000
Net Income	79 000	128 000	12 000	−3 000
Total Assets	512 000	262 000	182 000	84 000
Total Equity	289 000	210 000	82 000	70 000

Income (NOK)	2022	2021	2020	2019
Revenue	841 000	380 000	459 000	111 000
Expenditure	732 000	226 000	447 000	112 000
Operating Profit	109 000	153 000	12 000	−1 000
Financial Income	1 000	0	1 000	0
Financial Costs	12 000	1 000	1 000	2 000
Financial Balance	−11 000	−1 000	0	−2 000
Earnings Before Tax	98 000	153 000	12 000	−3 000
Tax	19 000	24 000	0	0
Net Income	79 000	128 000	12 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 000	31 000	32 000	23 000
Total Current Assets	435 000	230 000	150 000	61 000
Total Assets	512 000	262 000	182 000	84 000
Total Retained Equity	247 000	168 000	40 000	28 000
Total Equity	289 000	210 000	82 000	70 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	223 000	51 000	100 000	14 000
Total Equity and Debt	512 000	262 000	182 000	84 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	841 000	403 000	468 000	112 000
Other Income	0	−23 000	−9 000	−1 000
Revenue	841 000	380 000	459 000	111 000
Cost of Goods Sold	9 000	29 000	77 000	6 000
Salary Costs	565 000	1 000	141 000	−3 000
Depreciation	0	0	0	31 000
Impairment	0	0	0	0
Expenditure	732 000	226 000	447 000	112 000
Operating Profit	109 000	153 000	12 000	−1 000
Financial Income	1 000	0	1 000	0
Financial Costs	12 000	1 000	1 000	2 000
Financial Balance	−11 000	−1 000	0	−2 000
Dividends	0	0	0	0
Net Income	79 000	128 000	12 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	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	71 000	31 000	32 000	23 000
Total Fixed Assets	78 000	31 000	32 000	23 000
Stock	0	0	0	0
Total Investments	93 000	80 000	0	0
Cash, Bank	255 000	80 000	118 000	12 000
Total Current Assets	435 000	230 000	150 000	61 000
Total Assets	512 000	262 000	182 000	84 000
Total Equity	289 000	210 000	82 000	70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	10 000	24 000	2 000
Unpaid Taxes	150 000	14 000	60 000	9 000
Dividends	0	0	0	0
Other Current Debt	41 000	2 000	16 000	3 000
Total Current Debt	223 000	51 000	100 000	14 000
Total Equity and Debt	512 000	262 000	182 000	84 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,34 %	60,95 %	14,63 %	−4,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,96 %	40,26 %	2,61 %	−0,9 %
Current Ratio	1,95	4,51	1,5	4,36
Quick Ratio	1,95	4,51	1,5	4,36
Equity Ratio	0,56	0,8	0,45	0,83
Gross Profit Margin	98,93 %	92,37 %	83,22 %	94,59 %