ARCTIC SUVENIRS AS

9750 HONNINGSVÅG

Finances

Return on Equity

9,84 %

Current Ratio

3,22

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 330 000	1 717 000	1 558 000	7 604 000
Net Income	342 000	18 000	−380 000	414 000
Total Assets	4 776 000	3 722 000	3 759 000	4 987 000
Total Equity	3 474 000	3 132 000	3 114 000	3 493 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 330 000	1 717 000	1 558 000	7 604 000
Expenditure	8 910 000	1 696 000	2 071 000	7 129 000
Operating Profit	420 000	21 000	−513 000	475 000
Financial Income	22 000	5 000	28 000	56 000
Financial Costs	0	0	0	0
Financial Balance	22 000	5 000	28 000	56 000
Earnings Before Tax	442 000	26 000	−485 000	530 000
Tax	100 000	8 000	−105 000	117 000
Net Income	342 000	18 000	−380 000	414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	670 000	722 000	795 000	868 000
Total Current Assets	4 106 000	3 000 000	2 964 000	4 118 000
Total Assets	4 776 000	3 722 000	3 759 000	4 987 000
Total Retained Equity	3 264 000	2 922 000	2 904 000	3 283 000
Total Equity	3 474 000	3 132 000	3 114 000	3 493 000
Total Long-Term Debt	28 000	28 000	26 000	18 000
Total Current Debt	1 274 000	561 000	619 000	1 475 000
Total Equity and Debt	4 776 000	3 722 000	3 759 000	4 987 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 170 000	914 000	1 148 000	7 604 000
Other Income	160 000	803 000	410 000	0
Revenue	9 330 000	1 717 000	1 558 000	7 604 000
Cost of Goods Sold	4 199 000	549 000	632 000	3 768 000
Salary Costs	3 073 000	228 000	448 000	2 343 000
Depreciation	65 000	73 000	74 000	46 000
Impairment	0	0	0	0
Expenditure	8 910 000	1 696 000	2 071 000	7 129 000
Operating Profit	420 000	21 000	−513 000	475 000
Financial Income	22 000	5 000	28 000	56 000
Financial Costs	0	0	0	0
Financial Balance	22 000	5 000	28 000	56 000
Dividends	0	0	0	0
Net Income	342 000	18 000	−380 000	414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	340 000	405 000	478 000	552 000
Total Tangible Assets	340 000	405 000	478 000	552 000
Total Fiancial Fixed Assets	330 000	317 000	317 000	317 000
Total Fixed Assets	670 000	722 000	795 000	868 000
Stock	1 775 000	1 949 000	2 191 000	1 348 000
Total Investments	0	0	0	0
Cash, Bank	2 123 000	836 000	277 000	2 465 000
Total Current Assets	4 106 000	3 000 000	2 964 000	4 118 000
Total Assets	4 776 000	3 722 000	3 759 000	4 987 000
Total Equity	3 474 000	3 132 000	3 114 000	3 493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 000	28 000	26 000	18 000
Creditors	23 000	41 000	0	221 000
Unpaid Taxes	0	32 000	23 000	96 000
Dividends	0	0	0	0
Other Current Debt	1 150 000	482 000	595 000	1 059 000
Total Current Debt	1 274 000	561 000	619 000	1 475 000
Total Equity and Debt	4 776 000	3 722 000	3 759 000	4 987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,84 %	0,57 %	−12,2 %	11,85 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	4,5 %	1,22 %	−32,93 %	6,25 %
Current Ratio	3,22	5,35	4,79	2,79
Quick Ratio	−8,2	−2,16	−1,89	32,43
Equity Ratio	0,73	0,84	0,83	0,7
Gross Profit Margin	54,99 %	68,03 %	59,44 %	50,45 %