ARCTIC SPORT AS

9405 HARSTAD

Finances

Return on Equity

5,88 %

Current Ratio

7,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 940 000	9 026 000	3 773 000	7 480 000
Net Income	471 000	1 943 000	−43 000	1 011 000
Total Assets	9 087 000	9 394 000	7 342 000	8 202 000
Total Equity	8 012 000	7 542 000	5 599 000	5 642 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 940 000	9 026 000	3 773 000	7 480 000
Expenditure	6 407 000	6 513 000	3 817 000	6 173 000
Operating Profit	534 000	2 514 000	−44 000	1 307 000
Financial Income	111 000	0	1 000	2 000
Financial Costs	1 000	0	1 000	0
Financial Balance	110 000	0	0	2 000
Earnings Before Tax	643 000	2 514 000	−44 000	1 309 000
Tax	173 000	572 000	−1 000	298 000
Net Income	471 000	1 943 000	−43 000	1 011 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 349 000	673 000	470 000	470 000
Total Current Assets	7 738 000	8 721 000	6 872 000	7 731 000
Total Assets	9 087 000	9 394 000	7 342 000	8 202 000
Total Retained Equity	7 012 000	6 542 000	4 599 000	4 642 000
Total Equity	8 012 000	7 542 000	5 599 000	5 642 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 075 000	1 852 000	1 743 000	2 560 000
Total Equity and Debt	9 087 000	9 394 000	7 342 000	8 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 727 000	9 026 000	3 773 000	7 430 000
Other Income	213 000	0	0	50 000
Revenue	6 940 000	9 026 000	3 773 000	7 480 000
Cost of Goods Sold	375 000	1 429 000	309 000	265 000
Salary Costs	1 486 000	2 604 000	2 435 000	2 952 000
Depreciation	156 000	43 000	212 000	241 000
Impairment	0	0	0	0
Expenditure	6 407 000	6 513 000	3 817 000	6 173 000
Operating Profit	534 000	2 514 000	−44 000	1 307 000
Financial Income	111 000	0	1 000	2 000
Financial Costs	1 000	0	1 000	0
Financial Balance	110 000	0	0	2 000
Dividends	0	0	0	0
Net Income	471 000	1 943 000	−43 000	1 011 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	51 000	66 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	885 000	192 000	74 000	188 000
Total Tangible Assets	885 000	192 000	74 000	188 000
Total Fiancial Fixed Assets	430 000	430 000	329 000	239 000
Total Fixed Assets	1 349 000	673 000	470 000	470 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 381 000	4 864 000	3 068 000	3 325 000
Total Current Assets	7 738 000	8 721 000	6 872 000	7 731 000
Total Assets	9 087 000	9 394 000	7 342 000	8 202 000
Total Equity	8 012 000	7 542 000	5 599 000	5 642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	356 000	123 000	360 000	440 000
Unpaid Taxes	78 000	771 000	716 000	1 349 000
Dividends	0	0	0	0
Other Current Debt	485 000	403 000	646 000	443 000
Total Current Debt	1 075 000	1 852 000	1 743 000	2 560 000
Total Equity and Debt	9 087 000	9 394 000	7 342 000	8 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,88 %	25,76 %	−0,77 %	17,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,69 %	27,85 %	−1,17 %	17,47 %
Current Ratio	7,2	4,71	3,94	3,02
Quick Ratio	7,2	4,71	3,94	3,02
Equity Ratio	0,88	0,8	0,76	0,69
Gross Profit Margin	94,6 %	84,17 %	91,81 %	96,46 %