ARCTIC TOURIST AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

63,71 %

Current Ratio

5,2

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 199 000	1 540 000	315 000	574 000
Net Income	820 000	599 000	−308 000	−127 000
Total Assets	1 796 000	1 066 000	2 400 000	2 108 000
Total Equity	1 287 000	466 000	−132 000	176 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 199 000	1 540 000	315 000	574 000
Expenditure	148 000	696 000	543 000	780 000
Operating Profit	1 052 000	844 000	−229 000	−206 000
Financial Income	0	−35 000	0	0
Financial Costs	0	42 000	71 000	75 000
Financial Balance	0	−77 000	−71 000	−75 000
Earnings Before Tax	1 052 000	768 000	−300 000	−281 000
Tax	231 000	169 000	−66 000	−154 000
Net Income	820 000	599 000	−308 000	−127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	174 000	569 000	1 964 000	1 825 000
Total Current Assets	1 622 000	497 000	436 000	283 000
Total Assets	1 796 000	1 066 000	2 400 000	2 108 000
Total Retained Equity	1 067 000	246 000	−352 000	−44 000
Total Equity	1 287 000	466 000	−132 000	176 000
Total Long-Term Debt	197 000	0	1 566 000	1 297 000
Total Current Debt	312 000	600 000	966 000	635 000
Total Equity and Debt	1 796 000	1 066 000	2 400 000	2 108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	246 000	0	315 000	572 000
Other Income	953 000	1 540 000	0	2 000
Revenue	1 199 000	1 540 000	315 000	574 000
Cost of Goods Sold	0	0	19 000	31 000
Salary Costs	0	0	0	3 000
Depreciation	62 000	267 000	297 000	286 000
Impairment	0	0	0	0
Expenditure	148 000	696 000	543 000	780 000
Operating Profit	1 052 000	844 000	−229 000	−206 000
Financial Income	0	−35 000	0	0
Financial Costs	0	42 000	71 000	75 000
Financial Balance	0	−77 000	−71 000	−75 000
Dividends	0	0	0	0
Net Income	820 000	599 000	−308 000	−127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	139 000	71 000	240 000	154 000
Real Eastate	35 000	43 000	888 000	1 061 000
Machinery and Plant Facilities	0	0	55 000	77 000
Fixtures	0	303 000	338 000	0
Total Tangible Assets	35 000	513 000	1 540 000	1 487 000
Total Fiancial Fixed Assets	0	−15 000	184 000	184 000
Total Fixed Assets	174 000	569 000	1 964 000	1 825 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 622 000	497 000	51 000	20 000
Total Current Assets	1 622 000	497 000	436 000	283 000
Total Assets	1 796 000	1 066 000	2 400 000	2 108 000
Total Equity	1 287 000	466 000	−132 000	176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	197 000	0	1 566 000	1 297 000
Creditors	3 000	6 000	159 000	164 000
Unpaid Taxes	0	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	592 000	807 000	470 000
Total Current Debt	312 000	600 000	966 000	635 000
Total Equity and Debt	1 796 000	1 066 000	2 400 000	2 108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,71 %	128,54 %	233,33 %	−72,16 %
Debt-to-Equity Ratio	0,15	0	−11,86	7,37
Operating Profit Margin	87,74 %	54,81 %	−72,7 %	−35,89 %
Current Ratio	5,2	0,83	0,45	0,45
Quick Ratio	5,2	0,83	0,45	0,45
Equity Ratio	0,72	0,44	−0,06	0,08
Gross Profit Margin	100 %	100 %	93,97 %	94,6 %