ARCTIC CIRCLE RACEWAY AS

Arctic Circle Raceway - ACR Arena

An arena, and the northernmost raceway in the world. Illuminated by midnight sun in the summer and the northern light at the cold winter nights. ACR Arena is a highly coveted and exotic destination for motorsport enthusiasts from all over the world.

Keywords

operationindooroutdoorsports facilitiesfootball stadiumshockey stadiumscricket stadiumsrugby stadiumstrackscardoghorse racingswimming poolsstadiumsathletics stadiumswinter sports facilitiesice hockey rinksboxing arenasgolf coursesbowling alleys

Organization

CEO: SG
Stian Gangsbækk Gulla1986
Chairman of the board: WD
Wiggo Dalmo1971
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 17

Financials

Total operating income 2023: 9,219,797; NOK
Annual total result 2023: 1,458,815; NOK
Total equity 2023: 2,169,282; NOK

Last update: Dec 31, 2024

Management

Management / administration

Name	Role	Shares
SG Stian Gangsbækk Gulla 1986	Managing Director/CEO	-

Board

Name	Role	Shares
WD Wiggo Dalmo 1971	Chairman	-
CO Cato Ove Karlsen 1956	Board Member	-
CN Christian Nordvik 1979	Board Member	-

Others

Name	Role	Shares
B BDO AS	Accountant	-
H HELGELAND REVISJON AS	Auditor	-

Last update: Oct 1, 2024

Ownership

No available data

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	9,219,797	5,250,632	4,139,699
Annual Total Result	1,458,815	-403,111	259,803
Total assets	12,024,543	10,899,859	7,204,859
Total liabilities	9,855,260	10,189,392	6,091,281
Total equity	2,169,282	710,467	1,113,578

P&L

Year	2023	2022	2021
Total operating income	9,219,797	5,250,632	4,139,699
Total operating costs	7,413,946	5,460,473	3,801,726
Operating result	1,805,850	-209,841	337,973
Financial income/costs	-347,035	-193,269	-78,169
Profit before tax	1,458,815	-403,111	259,803
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	1,458,815	-403,111	259,803

Balance overview

Year	2023	2022	2021
Total fixed assets	9,152,113	9,618,092	7,281,463
Total current assets	2,872,430	1,281,767	-76,604
Total assets	12,024,543	10,899,859	7,204,859
Short term debt	1,808,606	1,775,541	844,093
Long term debt	8,046,654	8,413,851	5,247,189
Total liabilities	9,855,260	10,189,392	6,091,281
Contributed capital	1,798,154	1,798,154	1,798,154
Retained earnings	371,128	-1,087,687	-684,576
Total equity	2,169,282	710,467	1,113,578
Total equity and liabilities	12,024,543	10,899,859	7,204,859

ARCTIC CIRCLE RACEWAY AS960 431 596