ARCTIC CABINS AS

8100 MISVÆR

Finances

Share Ownership

Return on Equity

−5,56 %

Current Ratio

1,48

Debt-to-Equity Ratio

3,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 129 000	2 168 000	833 000	422 000
Net Income	−14 000	296 000	53 000	−183 000
Total Assets	1 593 000	1 813 000	1 372 000	1 343 000
Total Equity	252 000	266 000	−30 000	−83 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 129 000	2 168 000	833 000	422 000
Expenditure	2 089 000	1 733 000	716 000	610 000
Operating Profit	40 000	436 000	116 000	−188 000
Financial Income	0	0	0	0
Financial Costs	59 000	56 000	49 000	47 000
Financial Balance	−59 000	−56 000	−49 000	−47 000
Earnings Before Tax	−18 000	380 000	68 000	−235 000
Tax	−4 000	84 000	15 000	−52 000
Net Income	−14 000	296 000	53 000	−183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 054 000	1 172 000	1 159 000	1 244 000
Total Current Assets	539 000	641 000	213 000	99 000
Total Assets	1 593 000	1 813 000	1 372 000	1 343 000
Total Retained Equity	152 000	166 000	−130 000	−183 000
Total Equity	252 000	266 000	−30 000	−83 000
Total Long-Term Debt	977 000	1 175 000	1 269 000	1 329 000
Total Current Debt	364 000	371 000	133 000	97 000
Total Equity and Debt	1 593 000	1 813 000	1 372 000	1 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 939 000	1 592 000	832 000	422 000
Other Income	190 000	576 000	2 000	0
Revenue	2 129 000	2 168 000	833 000	422 000
Cost of Goods Sold	598 000	449 000	73 000	24 000
Salary Costs	466 000	453 000	2 000	0
Depreciation	202 000	191 000	168 000	169 000
Impairment	0	0	0	0
Expenditure	2 089 000	1 733 000	716 000	610 000
Operating Profit	40 000	436 000	116 000	−188 000
Financial Income	0	0	0	0
Financial Costs	59 000	56 000	49 000	47 000
Financial Balance	−59 000	−56 000	−49 000	−47 000
Dividends	0	0	0	0
Net Income	−14 000	296 000	53 000	−183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	807 000	929 000	1 015 000	1 135 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	247 000	243 000	144 000	109 000
Total Tangible Assets	1 054 000	1 172 000	1 159 000	1 244 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 054 000	1 172 000	1 159 000	1 244 000
Stock	211 000	156 000	9 000	0
Total Investments	0	0	0	0
Cash, Bank	97 000	394 000	100 000	64 000
Total Current Assets	539 000	641 000	213 000	99 000
Total Assets	1 593 000	1 813 000	1 372 000	1 343 000
Total Equity	252 000	266 000	−30 000	−83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	977 000	1 175 000	1 269 000	1 329 000
Creditors	138 000	68 000	53 000	88 000
Unpaid Taxes	12 000	46 000	0	−26 000
Dividends	0	0	0	0
Other Current Debt	195 000	149 000	66 000	35 000
Total Current Debt	364 000	371 000	133 000	97 000
Total Equity and Debt	1 593 000	1 813 000	1 372 000	1 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,56 %	111,28 %	−176,67 %	220,48 %
Debt-to-Equity Ratio	3,88	4,42	−42,3	−16,01
Operating Profit Margin	1,88 %	20,11 %	13,93 %	−44,55 %
Current Ratio	1,48	1,73	1,6	1,02
Quick Ratio	3,52	2,98	1,72	1,02
Equity Ratio	0,16	0,15	−0,02	−0,06
Gross Profit Margin	71,91 %	79,29 %	91,24 %	94,31 %