Arctic Bioscience AS

Arctic Bioscience AS

ABS · OL · Healthcare / Biotechnology

2.54NOK+0.09 (+3.67%)

Price History

Full chart

Market Stats

Previous Close2.45
Open2.54
Day Range2.54 – 2.54
52-Week Range2.33 – 4.20
Volume100
Market Cap75.48M
P/E (TTM)0.00
Forward P/E0.00
EPS-1.48
Dividend Yield0.00%
Beta1.07
50-Day Avg2.83
200-Day Avg3.20

About

Arctic Bioscience AS, a clinical-stage biotechnology company, engages in developing and commercializing pharmaceutical and nutraceutical ingredients based on bioactive marine compounds in Norway, the United States, Europe, and Asia Pacific. The company is developing HRO350, a novel oral drug which is in phase IIb for the treatment of mild-to-moderate psoriasis; and the HeROPA study, an international phase IIb clinical trial. It also sells nutraceuticals as an intermediary and finished goods products under the ROMEGA brand name. Arctic Bioscience AS was incorporated in 2011 and is headquartered in Ørsta, Norway.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMr. Christer L. Valderhaug
  • Employees19
  • HeadquartersIndustrivegen 42, Ørsta, Norway, 6155, Norway
  • Websitehttps://www.arctic-bioscience.com

Leadership

  • Mr. Christer L. ValderhaugChief Executive Officer · b. 1972
  • Mr. Hogne HallarakerFounder & Chief Scientific Officer · b. 1966
  • Mr. Jone R. SlinningChief Financial Officer · b. 1979
  • Mr. Per Christian SæboChief Operating Officer · b. 1967
  • Mr. Daniele MancinelliChief Technical Officer · b. 1973
  • Mr. Kim Frode ThorupEVP of B2B Nutra · b. 1972
  • Dr. Runhild GammelsaeterGlobal Medical Director · b. 1976
  • Dr. Para Ghildyal-PalaniRegulatory Manager · b. 1976
  • Ms. Jannicke BjorkedalQuality Manager · b. 1970

Financials

Income Statement

Currency: NOK2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue24.85M30.04M20.50M21.52M34.27M33.76M43.48M40.10M
Growth (%)-+20.89%-31.77%+4.97%+59.29%-1.51%+28.82%-7.79%
Cost of Revenue15.90M17.81M15.18M16.36M22.63M23.98M31.60M29.05M
Gross Profit8.95M12.23M5.31M5.16M11.65M9.78M11.89M11.04M
Gross Margin36.02%40.73%25.93%23.98%33.98%28.97%27.34%27.54%
Operating Expense10.10M15.32M26.99M-35.42M49.04M58.37M59.68M44.49M
Operating Income-1.15M-3.08M-21.67M40.58M-37.39M-48.59M-47.79M-33.45M
Operating Margin-4.63%-10.26%-105.75%188.60%-109.10%-143.93%-109.90%-83.41%
EBITDA-663.83K-2.33M-20.48M-37.94M-30.29M-43.20M-39.63M-26.82M
EBITDA Margin-2.67%-7.75%-99.93%-176.35%-88.38%-127.99%-91.15%-66.89%
Net Income-1.71M-3.99M-22.59M-42.58M-34.02M-45.51M-47.93M-41.03M
Net Income Margin-6.88%-13.28%-110.21%-197.91%-99.28%-134.84%-110.23%-102.32%
R&D197.02K111.09K---2.59M2.26M-
R&D as % of Total Revenue0.79%0.37%---7.67%5.20%-
Interest Expense575.44K582.94K2.12M2.12M4.22K992.62K3.15M9.09M
Interest Expense % of Total Revenue2.32%1.94%10.34%9.86%0.01%2.94%7.24%22.67%

Balance Sheet

Currency: NOK2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets45.40M82.47M93.20M341.47M327.70M300.25M279.74M284.65M
Total Liabilities23.52M18.57M29.26M20.92M40.42M41.69M69.01M111.17M
Total Equity21.89M63.90M63.94M320.55M287.28M258.56M210.73M173.49M
Cash368.78K23.41M12.60M227.36M144.15M79.60M2.16M258.41K
Total Debt12.06M7.16M8.46M4.18K1.10M2.05M32.86M-
Net Debt11.69M-16.25M-4.14M-227.36M-143.05M-77.55M30.70M63.08M

Cash Flow

Currency: NOK2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-2.16M-21.89M-39.49M-25.40M-40.29M-45.36M-22.65M
Investing Cash Flow--13.43M-13.43M-36.50M-58.57M-43.10M-50.63M-
Financing Cash Flow-23.93M23.93M290.76M749.99K18.84M19.66M-
Capital Expenditure013.43M13.43M36.50M58.57M45.33M50.81M22.75M
Free Cash Flow-2.16M-35.32M-76.00M-83.96M-85.62M-96.17M-45.40M
FCF to OCF-100.00%161.36%192.43%330.62%212.53%212.03%200.42%

Key Statistics & Ratios

Market Cap75.48M
Enterprise Value155.43M
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.54
Price / Book0.48
EPS-1.48
Book Value5.77
Revenue (TTM)48.96M
Gross Profit (TTM)15.03M
EBITDA-29.98M
Profit Margin-81.90%
Operating Margin-57.36%
Return on Equity-22.86%
Return on Assets-6.83%
Shares Outstanding26.96M
Shares Float12.29M
Beta1.07
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%