ARCTIC LAVVO AS

9522 KAUTOKEINO

Finances

Share Ownership

Return on Equity

193,64 %

Current Ratio

1,2

Debt-to-Equity Ratio

−2,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 637 000	10 863 000	10 410 000	7 349 000
Net Income	−5 484 000	−2 433 000	219 000	−738 000
Total Assets	9 012 000	11 993 000	12 857 000	7 986 000
Total Equity	−2 832 000	914 000	3 347 000	2 129 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 637 000	10 863 000	10 410 000	7 349 000
Expenditure	17 508 000	13 631 000	9 808 000	8 066 000
Operating Profit	−3 871 000	−2 769 000	602 000	−717 000
Financial Income	10 000	5 000	3 000	1 000
Financial Costs	514 000	355 000	324 000	257 000
Financial Balance	−504 000	−350 000	−321 000	−256 000
Earnings Before Tax	−4 374 000	−3 119 000	280 000	−972 000
Tax	1 110 000	−686 000	61 000	−235 000
Net Income	−5 484 000	−2 433 000	219 000	−738 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 966 000	6 566 000	6 016 000	4 938 000
Total Current Assets	4 046 000	5 426 000	6 841 000	3 048 000
Total Assets	9 012 000	11 993 000	12 857 000	7 986 000
Total Retained Equity	−9 010 000	−3 526 000	−1 093 000	−1 311 000
Total Equity	−2 832 000	914 000	3 347 000	2 129 000
Total Long-Term Debt	8 480 000	8 785 000	8 079 000	4 520 000
Total Current Debt	3 364 000	2 293 000	1 430 000	1 337 000
Total Equity and Debt	9 012 000	11 993 000	12 857 000	7 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 235 000	10 133 000	9 029 000	7 060 000
Other Income	402 000	730 000	1 381 000	289 000
Revenue	13 637 000	10 863 000	10 410 000	7 349 000
Cost of Goods Sold	7 358 000	4 548 000	3 267 000	2 601 000
Salary Costs	6 490 000	6 576 000	4 354 000	3 515 000
Depreciation	548 000	503 000	496 000	491 000
Impairment	0	0	0	0
Expenditure	17 508 000	13 631 000	9 808 000	8 066 000
Operating Profit	−3 871 000	−2 769 000	602 000	−717 000
Financial Income	10 000	5 000	3 000	1 000
Financial Costs	514 000	355 000	324 000	257 000
Financial Balance	−504 000	−350 000	−321 000	−256 000
Dividends	0	0	0	0
Net Income	−5 484 000	−2 433 000	219 000	−738 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	197 000	233 000	269 000	105 000
Total Intangible Assets	197 000	1 343 000	693 000	591 000
Real Eastate	3 932 000	4 276 000	4 476 000	3 560 000
Machinery and Plant Facilities	383 000	446 000	510 000	450 000
Fixtures	454 000	500 000	337 000	337 000
Total Tangible Assets	4 769 000	5 223 000	5 323 000	4 347 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 966 000	6 566 000	6 016 000	4 938 000
Stock	2 800 000	3 564 000	3 243 000	2 057 000
Total Investments	0	0	0	0
Cash, Bank	157 000	254 000	1 508 000	141 000
Total Current Assets	4 046 000	5 426 000	6 841 000	3 048 000
Total Assets	9 012 000	11 993 000	12 857 000	7 986 000
Total Equity	−2 832 000	914 000	3 347 000	2 129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 480 000	8 785 000	8 079 000	4 520 000
Creditors	1 717 000	769 000	327 000	362 000
Unpaid Taxes	561 000	390 000	340 000	230 000
Dividends	0	0	0	0
Other Current Debt	1 086 000	1 134 000	764 000	367 000
Total Current Debt	3 364 000	2 293 000	1 430 000	1 337 000
Total Equity and Debt	9 012 000	11 993 000	12 857 000	7 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	193,64 %	−266,19 %	6,54 %	−34,66 %
Debt-to-Equity Ratio	−2,99	9,61	2,41	2,12
Operating Profit Margin	−28,39 %	−25,49 %	5,78 %	−9,76 %
Current Ratio	1,2	2,37	4,78	2,28
Quick Ratio	7,17	−4,27	−3,77	−4,23
Equity Ratio	−0,31	0,08	0,26	0,27
Gross Profit Margin	46,04 %	58,13 %	68,62 %	64,61 %