ARCTIC MOTELL AS

9520 KAUTOKEINO

Finances

Share Ownership

Return on Equity

8,77 %

Current Ratio

3,42

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 220 000	1 713 000	1 290 000	1 455 000
Net Income	148 000	217 000	−64 000	274 000
Total Assets	3 422 000	3 379 000	1 960 000	2 301 000
Total Equity	1 688 000	1 540 000	1 323 000	1 387 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 220 000	1 713 000	1 290 000	1 455 000
Expenditure	2 019 000	1 434 000	1 371 000	1 106 000
Operating Profit	200 000	279 000	−82 000	350 000
Financial Income	1 000	0	3 000	5 000
Financial Costs	6 000	1 000	3 000	4 000
Financial Balance	−5 000	−1 000	0	1 000
Earnings Before Tax	195 000	278 000	−82 000	352 000
Tax	48 000	61 000	−18 000	78 000
Net Income	148 000	217 000	−64 000	274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 558 000	1 381 000	1 058 000	499 000
Total Current Assets	1 865 000	1 998 000	902 000	1 802 000
Total Assets	3 422 000	3 379 000	1 960 000	2 301 000
Total Retained Equity	1 588 000	1 440 000	1 223 000	1 287 000
Total Equity	1 688 000	1 540 000	1 323 000	1 387 000
Total Long-Term Debt	1 190 000	1 440 000	452 000	450 000
Total Current Debt	545 000	399 000	185 000	464 000
Total Equity and Debt	3 422 000	3 379 000	1 960 000	2 301 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 963 000	1 552 000	1 221 000	1 455 000
Other Income	256 000	161 000	69 000	0
Revenue	2 220 000	1 713 000	1 290 000	1 455 000
Cost of Goods Sold	33 000	23 000	30 000	20 000
Salary Costs	653 000	646 000	661 000	447 000
Depreciation	219 000	157 000	84 000	41 000
Impairment	0	0	0	0
Expenditure	2 019 000	1 434 000	1 371 000	1 106 000
Operating Profit	200 000	279 000	−82 000	350 000
Financial Income	1 000	0	3 000	5 000
Financial Costs	6 000	1 000	3 000	4 000
Financial Balance	−5 000	−1 000	0	1 000
Dividends	0	0	0	0
Net Income	148 000	217 000	−64 000	274 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	0	0	0
Real Eastate	243 000	282 000	321 000	0
Machinery and Plant Facilities	44 000	29 000	0	0
Fixtures	1 245 000	1 070 000	736 000	499 000
Total Tangible Assets	1 532 000	1 381 000	1 058 000	499 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 558 000	1 381 000	1 058 000	499 000
Stock	4 000	11 000	6 000	19 000
Total Investments	0	0	0	0
Cash, Bank	1 644 000	1 565 000	634 000	1 734 000
Total Current Assets	1 865 000	1 998 000	902 000	1 802 000
Total Assets	3 422 000	3 379 000	1 960 000	2 301 000
Total Equity	1 688 000	1 540 000	1 323 000	1 387 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 190 000	1 440 000	452 000	450 000
Creditors	210 000	31 000	301 000	454 000
Unpaid Taxes	−18 000	35 000	−88 000	−100 000
Dividends	0	0	0	0
Other Current Debt	272 000	277 000	−29 000	53 000
Total Current Debt	545 000	399 000	185 000	464 000
Total Equity and Debt	3 422 000	3 379 000	1 960 000	2 301 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,77 %	14,09 %	−4,84 %	19,75 %
Debt-to-Equity Ratio	0,7	0,94	0,34	0,32
Operating Profit Margin	9,01 %	16,29 %	−6,36 %	24,05 %
Current Ratio	3,42	5,01	4,88	3,88
Quick Ratio	3,45	5,15	5,04	4,05
Equity Ratio	0,49	0,46	0,68	0,6
Gross Profit Margin	98,51 %	98,66 %	97,67 %	98,63 %