ARCTIC GRILL AS

9060 LYNGSEIDET

Finances

Share Ownership

Return on Equity

446,03 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 640 000	4 464 000	4 210 000	0
Net Income	281 000	−212 000	11 000	−41 000
Total Assets	340 000	368 000	366 000	104 000
Total Equity	63 000	−218 000	−6 000	−17 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 640 000	4 464 000	4 210 000	0
Expenditure	3 280 000	4 735 000	4 196 000	53 000
Operating Profit	360 000	−271 000	14 000	−53 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	360 000	−272 000	14 000	−53 000
Tax	79 000	−60 000	3 000	−12 000
Net Income	281 000	−212 000	11 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	89 000	49 000	45 000
Total Current Assets	333 000	279 000	317 000	59 000
Total Assets	340 000	368 000	366 000	104 000
Total Retained Equity	39 000	−242 000	−30 000	−41 000
Total Equity	63 000	−218 000	−6 000	−17 000
Total Long-Term Debt	0	0	0	50 000
Total Current Debt	277 000	586 000	372 000	70 000
Total Equity and Debt	340 000	368 000	366 000	104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 381 000	4 265 000	4 103 000	0
Other Income	259 000	199 000	107 000	0
Revenue	3 640 000	4 464 000	4 210 000	0
Cost of Goods Sold	1 405 000	1 882 000	1 795 000	0
Salary Costs	1 186 000	1 473 000	1 299 000	0
Depreciation	19 000	19 000	18 000	0
Impairment	0	0	0	0
Expenditure	3 280 000	4 735 000	4 196 000	53 000
Operating Profit	360 000	−271 000	14 000	−53 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	281 000	−212 000	11 000	−41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	68 000	8 000	12 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	21 000	40 000	33 000
Total Tangible Assets	1 000	21 000	40 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	89 000	49 000	45 000
Stock	44 000	68 000	74 000	0
Total Investments	0	0	0	0
Cash, Bank	171 000	63 000	113 000	43 000
Total Current Assets	333 000	279 000	317 000	59 000
Total Assets	340 000	368 000	366 000	104 000
Total Equity	63 000	−218 000	−6 000	−17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	50 000
Creditors	109 000	350 000	170 000	70 000
Unpaid Taxes	79 000	62 000	88 000	0
Dividends	0	0	0	0
Other Current Debt	73 000	174 000	113 000	0
Total Current Debt	277 000	586 000	372 000	70 000
Total Equity and Debt	340 000	368 000	366 000	104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	446,03 %	97,25 %	−183,33 %	241,18 %
Debt-to-Equity Ratio	0	−0	−0	−2,94
Operating Profit Margin	9,89 %	−6,07 %	0,33 %	-
Current Ratio	1,2	0,48	0,85	0,84
Quick Ratio	1,43	0,54	1,06	0,84
Equity Ratio	0,19	−0,59	−0,02	−0,16
Gross Profit Margin	61,4 %	57,84 %	57,36 %	-