BIZTRAC BETA
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ARCTIC ALGAE AS

Org. no. 924946490 Limited company (AS) Sande Incorporated 2020 Active
Ownership graph ↗
Revenue 2024 NOK 1.9m
Operating profit NOK −2.9m
Equity NOK 1.9m
Incorporated 2020
Share capital NOK 2.5m

Key figures · 2025

Current ratio
0.06
Not satisfactory
Equity ratio
23.5%
Good

Key figures over time · 2025

Key figures2025Trend
Lønnsomhet
Operating margin (%%) -154.8%
Net margin (%%) -174.8%
Return on assets (%%) -35.2%
Likviditet
Current ratio 0.06
Working capital −5.1m
Soliditet
Equity ratio (%%) 23.5%
Debt-to-equity ratio 3.26

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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