ARCTIC TRAVEL & LEISURE AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

110,87 %

Current Ratio

0,69

Debt-to-Equity Ratio

−1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 441 000	4 572 000	20 183 000	21 443 000
Net Income	−11 032 000	−5 627 000	−2 218 000	−6 229 000
Total Assets	8 430 000	9 917 000	7 316 000	6 178 000
Total Equity	−9 950 000	1 082 000	−4 271 000	−7 853 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 441 000	4 572 000	20 183 000	21 443 000
Expenditure	24 895 000	10 048 000	21 898 000	27 202 000
Operating Profit	−10 453 000	−5 476 000	−1 715 000	−5 759 000
Financial Income	6 000	5 000	2 000	11 000
Financial Costs	584 000	156 000	505 000	481 000
Financial Balance	−578 000	−151 000	−503 000	−470 000
Earnings Before Tax	−11 032 000	−5 627 000	−2 218 000	−6 229 000
Tax	0	0	0	0
Net Income	−11 032 000	−5 627 000	−2 218 000	−6 229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 912 000	5 344 000	4 671 000	4 220 000
Total Current Assets	2 518 000	4 573 000	2 645 000	1 958 000
Total Assets	8 430 000	9 917 000	7 316 000	6 178 000
Total Retained Equity	−10 019 000	−16 265 000	−10 638 000	−8 420 000
Total Equity	−9 950 000	1 082 000	−4 271 000	−7 853 000
Total Long-Term Debt	14 708 000	6 340 000	9 282 000	6 506 000
Total Current Debt	3 672 000	2 495 000	2 306 000	7 525 000
Total Equity and Debt	8 430 000	9 917 000	7 316 000	6 178 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 674 000	645 000	19 789 000	21 218 000
Other Income	3 767 000	3 928 000	394 000	224 000
Revenue	14 441 000	4 572 000	20 183 000	21 443 000
Cost of Goods Sold	3 786 000	326 000	4 608 000	7 097 000
Salary Costs	8 187 000	1 084 000	7 901 000	7 025 000
Depreciation	1 500 000	899 000	85 000	129 000
Impairment	0	157 000	0	0
Expenditure	24 895 000	10 048 000	21 898 000	27 202 000
Operating Profit	−10 453 000	−5 476 000	−1 715 000	−5 759 000
Financial Income	6 000	5 000	2 000	11 000
Financial Costs	584 000	156 000	505 000	481 000
Financial Balance	−578 000	−151 000	−503 000	−470 000
Dividends	0	0	0	0
Net Income	−11 032 000	−5 627 000	−2 218 000	−6 229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 329 000	3 315 000	2 982 000	2 580 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 111 000	1 464 000	1 178 000	1 159 000
Total Tangible Assets	1 111 000	1 464 000	1 178 000	1 159 000
Total Fiancial Fixed Assets	472 000	565 000	511 000	481 000
Total Fixed Assets	5 912 000	5 344 000	4 671 000	4 220 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 740 000	1 458 000	1 397 000	960 000
Total Current Assets	2 518 000	4 573 000	2 645 000	1 958 000
Total Assets	8 430 000	9 917 000	7 316 000	6 178 000
Total Equity	−9 950 000	1 082 000	−4 271 000	−7 853 000
Short-Term Group Debt	267 000	0	0	31 000
Total Long-Term Debt	14 708 000	6 340 000	9 282 000	6 506 000
Creditors	2 265 000	960 000	166 000	366 000
Unpaid Taxes	−92 000	95 000	230 000	291 000
Dividends	0	0	0	0
Other Current Debt	1 232 000	1 440 000	1 909 000	6 837 000
Total Current Debt	3 672 000	2 495 000	2 306 000	7 525 000
Total Equity and Debt	8 430 000	9 917 000	7 316 000	6 178 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,87 %	−520,06 %	51,93 %	79,32 %
Debt-to-Equity Ratio	−1,48	5,86	−2,17	−0,83
Operating Profit Margin	−72,38 %	−119,77 %	−8,5 %	−26,86 %
Current Ratio	0,69	1,83	1,15	0,26
Quick Ratio	0,69	1,83	1,15	0,26
Equity Ratio	−1,18	0,11	−0,58	−1,27
Gross Profit Margin	73,78 %	92,87 %	77,17 %	66,9 %