ARCTIC ADVENTURE TOURS AS

9109 KVALØYA

Finances

Share Ownership

Return on Equity

38,25 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 393 000	7 583 000	12 845 000	16 647 000
Net Income	1 361 000	−935 000	990 000	1 389 000
Total Assets	7 540 000	7 043 000	8 623 000	10 899 000
Total Equity	3 558 000	2 351 000	3 286 000	2 605 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 393 000	7 583 000	12 845 000	16 647 000
Expenditure	11 044 000	8 064 000	11 003 000	14 560 000
Operating Profit	1 349 000	−481 000	1 842 000	2 087 000
Financial Income	234 000	13 000	15 000	2 000
Financial Costs	56 000	473 000	575 000	298 000
Financial Balance	178 000	−460 000	−560 000	−296 000
Earnings Before Tax	1 527 000	−941 000	1 282 000	1 791 000
Tax	165 000	−6 000	293 000	401 000
Net Income	1 361 000	−935 000	990 000	1 389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 005 000	3 886 000	6 499 000	5 614 000
Total Current Assets	3 536 000	3 157 000	2 123 000	5 284 000
Total Assets	7 540 000	7 043 000	8 623 000	10 899 000
Total Retained Equity	3 535 000	2 329 000	3 264 000	2 583 000
Total Equity	3 558 000	2 351 000	3 286 000	2 605 000
Total Long-Term Debt	650 000	1 104 000	1 994 000	2 234 000
Total Current Debt	3 332 000	3 588 000	3 343 000	6 059 000
Total Equity and Debt	7 540 000	7 043 000	8 623 000	10 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 963 000	5 918 000	10 997 000	16 216 000
Other Income	1 430 000	1 665 000	1 849 000	431 000
Revenue	12 393 000	7 583 000	12 845 000	16 647 000
Cost of Goods Sold	1 556 000	629 000	1 441 000	2 198 000
Salary Costs	4 358 000	3 152 000	4 350 000	6 214 000
Depreciation	970 000	1 252 000	1 282 000	1 071 000
Impairment	0	0	0	0
Expenditure	11 044 000	8 064 000	11 003 000	14 560 000
Operating Profit	1 349 000	−481 000	1 842 000	2 087 000
Financial Income	234 000	13 000	15 000	2 000
Financial Costs	56 000	473 000	575 000	298 000
Financial Balance	178 000	−460 000	−560 000	−296 000
Dividends	0	0	0	0
Net Income	1 361 000	−935 000	990 000	1 389 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	274 000	326 000	381 000	187 000
Machinery and Plant Facilities	427 000	0	0	0
Fixtures	1 879 000	2 504 000	3 239 000	3 141 000
Total Tangible Assets	2 898 000	3 283 000	5 145 000	5 152 000
Total Fiancial Fixed Assets	1 107 000	603 000	1 355 000	463 000
Total Fixed Assets	4 005 000	3 886 000	6 499 000	5 614 000
Stock	549 000	845 000	646 000	668 000
Total Investments	0	0	0	0
Cash, Bank	519 000	406 000	214 000	956 000
Total Current Assets	3 536 000	3 157 000	2 123 000	5 284 000
Total Assets	7 540 000	7 043 000	8 623 000	10 899 000
Total Equity	3 558 000	2 351 000	3 286 000	2 605 000
Short-Term Group Debt	198 000	0	396 000	385 000
Total Long-Term Debt	650 000	1 104 000	1 994 000	2 234 000
Creditors	1 425 000	1 843 000	1 866 000	2 131 000
Unpaid Taxes	188 000	662 000	161 000	821 000
Dividends	0	0	0	0
Other Current Debt	1 404 000	1 084 000	671 000	2 366 000
Total Current Debt	3 332 000	3 588 000	3 343 000	6 059 000
Total Equity and Debt	7 540 000	7 043 000	8 623 000	10 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,25 %	−39,77 %	30,13 %	53,32 %
Debt-to-Equity Ratio	0,18	0,47	0,61	0,86
Operating Profit Margin	10,89 %	−6,34 %	14,34 %	12,54 %
Current Ratio	1,06	0,88	0,64	0,87
Quick Ratio	1,27	1,15	0,79	0,98
Equity Ratio	0,47	0,33	0,38	0,24
Gross Profit Margin	87,44 %	91,71 %	88,78 %	86,8 %