ARCTIC SOUVENIR AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

19,82 %

Current Ratio

5,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 588 000	1 777 000	1 315 000	2 769 000
Net Income	1 078 000	82 000	25 000	500 000
Total Assets	6 565 000	5 237 000	5 122 000	5 237 000
Total Equity	5 440 000	4 362 000	4 280 000	4 255 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 588 000	1 777 000	1 315 000	2 769 000
Expenditure	2 315 000	1 681 000	1 291 000	2 187 000
Operating Profit	1 272 000	96 000	23 000	581 000
Financial Income	11 000	3 000	7 000	13 000
Financial Costs	0	0	0	0
Financial Balance	11 000	3 000	7 000	13 000
Earnings Before Tax	1 283 000	98 000	30 000	595 000
Tax	205 000	16 000	5 000	95 000
Net Income	1 078 000	82 000	25 000	500 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	6 565 000	5 237 000	5 122 000	5 237 000
Total Assets	6 565 000	5 237 000	5 122 000	5 237 000
Total Retained Equity	5 340 000	4 262 000	4 180 000	4 155 000
Total Equity	5 440 000	4 362 000	4 280 000	4 255 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 125 000	875 000	842 000	983 000
Total Equity and Debt	6 565 000	5 237 000	5 122 000	5 237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 588 000	1 657 000	1 186 000	2 754 000
Other Income	0	120 000	129 000	15 000
Revenue	3 588 000	1 777 000	1 315 000	2 769 000
Cost of Goods Sold	1 149 000	595 000	475 000	938 000
Salary Costs	608 000	612 000	394 000	662 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 315 000	1 681 000	1 291 000	2 187 000
Operating Profit	1 272 000	96 000	23 000	581 000
Financial Income	11 000	3 000	7 000	13 000
Financial Costs	0	0	0	0
Financial Balance	11 000	3 000	7 000	13 000
Dividends	0	0	0	0
Net Income	1 078 000	82 000	25 000	500 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	1 303 000	1 337 000	1 518 000	1 236 000
Total Investments	0	0	0	0
Cash, Bank	5 191 000	3 876 000	3 569 000	3 949 000
Total Current Assets	6 565 000	5 237 000	5 122 000	5 237 000
Total Assets	6 565 000	5 237 000	5 122 000	5 237 000
Total Equity	5 440 000	4 362 000	4 280 000	4 255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	59 000	4 000	−6 000	40 000
Unpaid Taxes	17 000	17 000	17 000	9 000
Dividends	0	0	0	0
Other Current Debt	844 000	838 000	826 000	839 000
Total Current Debt	1 125 000	875 000	842 000	983 000
Total Equity and Debt	6 565 000	5 237 000	5 122 000	5 237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,82 %	1,88 %	0,58 %	11,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,45 %	5,4 %	1,75 %	20,98 %
Current Ratio	5,84	5,99	6,08	5,33
Quick Ratio	−36,88	−11,34	−7,58	−20,7
Equity Ratio	0,83	0,83	0,84	0,81
Gross Profit Margin	67,98 %	66,52 %	63,88 %	66,12 %