SPITSBERGEN FJORDFANGST AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

52,54 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 000	0	172 000	0
Net Income	31 000	−28 000	38 000	−25 000
Total Assets	60 000	28 000	58 000	17 000
Total Equity	59 000	28 000	55 000	17 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 000	0	172 000	0
Expenditure	5 000	28 000	131 000	25 000
Operating Profit	32 000	−28 000	41 000	−25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	32 000	−28 000	41 000	−25 000
Tax	1 000	0	3 000	0
Net Income	31 000	−28 000	38 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	12 000	12 000
Total Current Assets	60 000	28 000	46 000	5 000
Total Assets	60 000	28 000	58 000	17 000
Total Retained Equity	9 000	−22 000	11 000	−27 000
Total Equity	59 000	28 000	55 000	17 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 000	0	3 000	0
Total Equity and Debt	60 000	28 000	58 000	17 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 000	0	172 000	0
Other Income	0	0	0	0
Revenue	38 000	0	172 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	100 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	28 000	131 000	25 000
Operating Profit	32 000	−28 000	41 000	−25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	31 000	−28 000	38 000	−25 000

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	12 000	12 000
Total Fixed Assets	0	0	12 000	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	28 000	46 000	5 000
Total Current Assets	60 000	28 000	46 000	5 000
Total Assets	60 000	28 000	58 000	17 000
Total Equity	59 000	28 000	55 000	17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	0	3 000	0
Total Equity and Debt	60 000	28 000	58 000	17 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,54 %	−100 %	69,09 %	−147,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	84,21 %	-	23,84 %	-
Current Ratio	60	-	15,33	-
Quick Ratio	60	-	15,33	-
Equity Ratio	0,98	1	0,95	1
Gross Profit Margin	100 %	-	100 %	-