ARCTIC CHEF AS

9801 VADSØ

Finances

Return on Equity

524,14 %

Current Ratio

0,59

Debt-to-Equity Ratio

5,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 507 000	1 810 000	1 653 000	2 341 000
Net Income	152 000	−131 000	−212 000	−486 000
Total Assets	613 000	683 000	767 000	1 167 000
Total Equity	29 000	−123 000	8 000	−280 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 507 000	1 810 000	1 653 000	2 341 000
Expenditure	2 326 000	1 902 000	1 827 000	2 807 000
Operating Profit	181 000	−93 000	−173 000	−466 000
Financial Income	0	1 000	0	0
Financial Costs	29 000	39 000	39 000	32 000
Financial Balance	−29 000	−38 000	−39 000	−32 000
Earnings Before Tax	152 000	−131 000	−212 000	−498 000
Tax	0	0	0	−12 000
Net Income	152 000	−131 000	−212 000	−486 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	355 000	531 000	634 000	844 000
Total Current Assets	259 000	152 000	133 000	323 000
Total Assets	613 000	683 000	767 000	1 167 000
Total Retained Equity	−492 000	−644 000	−513 000	−301 000
Total Equity	29 000	−123 000	8 000	−280 000
Total Long-Term Debt	147 000	262 000	332 000	945 000
Total Current Debt	438 000	543 000	427 000	502 000
Total Equity and Debt	613 000	683 000	767 000	1 167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 765 000	1 632 000	1 270 000	1 883 000
Other Income	742 000	178 000	383 000	458 000
Revenue	2 507 000	1 810 000	1 653 000	2 341 000
Cost of Goods Sold	885 000	842 000	623 000	993 000
Salary Costs	316 000	377 000	421 000	822 000
Depreciation	176 000	205 000	211 000	222 000
Impairment	0	0	0	0
Expenditure	2 326 000	1 902 000	1 827 000	2 807 000
Operating Profit	181 000	−93 000	−173 000	−466 000
Financial Income	0	1 000	0	0
Financial Costs	29 000	39 000	39 000	32 000
Financial Balance	−29 000	−38 000	−39 000	−32 000
Dividends	0	0	0	0
Net Income	152 000	−131 000	−212 000	−486 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	45 000	0	0
Real Eastate	215 000	242 000	269 000	295 000
Machinery and Plant Facilities	38 000	65 000	62 000	98 000
Fixtures	68 000	179 000	303 000	452 000
Total Tangible Assets	321 000	486 000	634 000	844 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	355 000	531 000	634 000	844 000
Stock	71 000	10 000	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	11 000	6 000	186 000
Total Current Assets	259 000	152 000	133 000	323 000
Total Assets	613 000	683 000	767 000	1 167 000
Total Equity	29 000	−123 000	8 000	−280 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	147 000	262 000	332 000	945 000
Creditors	110 000	92 000	39 000	162 000
Unpaid Taxes	35 000	45 000	14 000	93 000
Dividends	0	0	0	0
Other Current Debt	293 000	406 000	373 000	246 000
Total Current Debt	438 000	543 000	427 000	502 000
Total Equity and Debt	613 000	683 000	767 000	1 167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	524,14 %	106,5 %	−2 650 %	173,57 %
Debt-to-Equity Ratio	5,07	−2,13	41,5	−3,38
Operating Profit Margin	7,22 %	−5,14 %	−10,47 %	−19,91 %
Current Ratio	0,59	0,28	0,31	0,64
Quick Ratio	0,71	0,29	0,31	0,64
Equity Ratio	0,05	−0,18	0,01	−0,24
Gross Profit Margin	64,7 %	53,48 %	62,31 %	57,58 %