ARCTIC ESCAPE AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

3,51 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 629 000	1 673 000	1 373 000	1 747 000
Net Income	8 000	−112 000	164 000	64 000
Total Assets	592 000	551 000	498 000	475 000
Total Equity	228 000	220 000	332 000	168 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 629 000	1 673 000	1 373 000	1 747 000
Expenditure	1 618 000	1 814 000	1 163 000	1 663 000
Operating Profit	11 000	−142 000	210 000	85 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	11 000	−142 000	210 000	85 000
Tax	2 000	−30 000	46 000	20 000
Net Income	8 000	−112 000	164 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	123 000	164 000	174 000	225 000
Total Current Assets	469 000	387 000	325 000	250 000
Total Assets	592 000	551 000	498 000	475 000
Total Retained Equity	204 000	196 000	308 000	144 000
Total Equity	228 000	220 000	332 000	168 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	364 000	331 000	166 000	307 000
Total Equity and Debt	592 000	551 000	498 000	475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 629 000	1 631 000	1 282 000	1 747 000
Other Income	0	42 000	91 000	0
Revenue	1 629 000	1 673 000	1 373 000	1 747 000
Cost of Goods Sold	0	0	3 000	7 000
Salary Costs	819 000	947 000	703 000	1 060 000
Depreciation	39 000	39 000	54 000	66 000
Impairment	0	0	0	0
Expenditure	1 618 000	1 814 000	1 163 000	1 663 000
Operating Profit	11 000	−142 000	210 000	85 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	8 000	−112 000	164 000	64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	36 000	6 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	55 000	94 000	148 000
Total Tangible Assets	16 000	55 000	94 000	148 000
Total Fiancial Fixed Assets	74 000	73 000	73 000	73 000
Total Fixed Assets	123 000	164 000	174 000	225 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	394 000	257 000	267 000	222 000
Total Current Assets	469 000	387 000	325 000	250 000
Total Assets	592 000	551 000	498 000	475 000
Total Equity	228 000	220 000	332 000	168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	241 000	148 000	0	0
Unpaid Taxes	49 000	98 000	43 000	159 000
Dividends	0	0	0	0
Other Current Debt	74 000	85 000	74 000	123 000
Total Current Debt	364 000	331 000	166 000	307 000
Total Equity and Debt	592 000	551 000	498 000	475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,51 %	−50,91 %	49,4 %	38,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,68 %	−8,49 %	15,29 %	4,87 %
Current Ratio	1,29	1,17	1,96	0,81
Quick Ratio	1,29	1,17	1,96	0,81
Equity Ratio	0,39	0,4	0,67	0,35
Gross Profit Margin	100 %	100 %	99,78 %	99,6 %