LYNGEN ARCTIC ADVENTURES AS

9146 OLDERDALEN

Finances

Share Ownership

Return on Equity

80,68 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 174 000	9 528 000	8 003 000	16 166 000
Net Income	2 356 000	510 000	−2 315 000	590 000
Total Assets	12 171 000	7 459 000	5 571 000	6 955 000
Total Equity	2 920 000	564 000	−144 000	2 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 174 000	9 528 000	8 003 000	16 166 000
Expenditure	15 142 000	8 879 000	10 971 000	15 341 000
Operating Profit	3 031 000	648 000	−2 968 000	825 000
Financial Income	27 000	22 000	30 000	15 000
Financial Costs	37 000	15 000	29 000	68 000
Financial Balance	−10 000	7 000	1 000	−53 000
Earnings Before Tax	3 021 000	655 000	−2 968 000	773 000
Tax	665 000	145 000	−653 000	183 000
Net Income	2 356 000	510 000	−2 315 000	590 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	967 000	997 000	1 824 000	2 454 000
Total Current Assets	11 204 000	6 461 000	3 747 000	4 501 000
Total Assets	12 171 000	7 459 000	5 571 000	6 955 000
Total Retained Equity	2 622 000	266 000	−244 000	2 071 000
Total Equity	2 920 000	564 000	−144 000	2 171 000
Total Long-Term Debt	89 000	201 000	405 000	560 000
Total Current Debt	9 162 000	6 693 000	5 310 000	4 223 000
Total Equity and Debt	12 171 000	7 459 000	5 571 000	6 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 541 000	8 005 000	6 464 000	15 764 000
Other Income	632 000	1 524 000	1 539 000	402 000
Revenue	18 174 000	9 528 000	8 003 000	16 166 000
Cost of Goods Sold	3 507 000	1 501 000	1 879 000	3 819 000
Salary Costs	5 170 000	1 943 000	3 332 000	4 513 000
Depreciation	409 000	625 000	736 000	781 000
Impairment	0	0	0	0
Expenditure	15 142 000	8 879 000	10 971 000	15 341 000
Operating Profit	3 031 000	648 000	−2 968 000	825 000
Financial Income	27 000	22 000	30 000	15 000
Financial Costs	37 000	15 000	29 000	68 000
Financial Balance	−10 000	7 000	1 000	−53 000
Dividends	0	0	0	400 000
Net Income	2 356 000	510 000	−2 315 000	590 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	169 000	169 000	370 000	64 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	345 000	424 000	635 000	857 000
Total Tangible Assets	799 000	828 000	1 454 000	2 390 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	967 000	997 000	1 824 000	2 454 000
Stock	289 000	192 000	229 000	180 000
Total Investments	0	0	0	0
Cash, Bank	9 202 000	4 767 000	1 711 000	2 972 000
Total Current Assets	11 204 000	6 461 000	3 747 000	4 501 000
Total Assets	12 171 000	7 459 000	5 571 000	6 955 000
Total Equity	2 920 000	564 000	−144 000	2 171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	89 000	201 000	405 000	560 000
Creditors	379 000	367 000	182 000	813 000
Unpaid Taxes	187 000	88 000	37 000	140 000
Dividends	0	0	0	400 000
Other Current Debt	7 932 000	6 238 000	5 091 000	2 653 000
Total Current Debt	9 162 000	6 693 000	5 310 000	4 223 000
Total Equity and Debt	12 171 000	7 459 000	5 571 000	6 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,68 %	90,43 %	1 607,64 %	27,18 %
Debt-to-Equity Ratio	0,03	0,36	−2,81	0,26
Operating Profit Margin	16,68 %	6,8 %	−37,09 %	5,1 %
Current Ratio	1,22	0,97	0,71	1,07
Quick Ratio	1,26	0,99	0,74	1,11
Equity Ratio	0,24	0,08	−0,03	0,31
Gross Profit Margin	80,7 %	84,25 %	76,52 %	76,38 %