EXPEDITION AS

8312 HENNINGSVÆR

Finances

Return on Equity

150,64 %

Current Ratio

0,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	634 000	229 000	285 000	404 000
Net Income	351 000	−517 000	−485 000	145 000
Total Assets	1 280 000	1 266 000	1 930 000	2 514 000
Total Equity	233 000	−118 000	399 000	884 000

Income (NOK)	2022	2021	2020	2019
Revenue	634 000	229 000	285 000	404 000
Expenditure	283 000	32 000	198 000	209 000
Operating Profit	351 000	197 000	87 000	195 000
Financial Income	0	0	0	0
Financial Costs	0	714 000	572 000	50 000
Financial Balance	0	−714 000	−572 000	−50 000
Earnings Before Tax	351 000	−517 000	−485 000	145 000
Tax	0	0	0	0
Net Income	351 000	−517 000	−485 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 204 000	1 204 000	1 918 000	2 490 000
Total Current Assets	76 000	62 000	12 000	24 000
Total Assets	1 280 000	1 266 000	1 930 000	2 514 000
Total Retained Equity	133 000	−218 000	299 000	784 000
Total Equity	233 000	−118 000	399 000	884 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 047 000	1 384 000	1 531 000	1 630 000
Total Equity and Debt	1 280 000	1 266 000	1 930 000	2 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	634 000	229 000	285 000	404 000
Other Income	0	0	0	0
Revenue	634 000	229 000	285 000	404 000
Cost of Goods Sold	0	0	0	0
Salary Costs	211 000	0	168 000	176 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	283 000	32 000	198 000	209 000
Operating Profit	351 000	197 000	87 000	195 000
Financial Income	0	0	0	0
Financial Costs	0	714 000	572 000	50 000
Financial Balance	0	−714 000	−572 000	−50 000
Dividends	0	0	0	0
Net Income	351 000	−517 000	−485 000	145 000

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	1 204 000	1 204 000	1 918 000	2 490 000
Total Fixed Assets	1 204 000	1 204 000	1 918 000	2 490 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	75 000	56 000	6 000	23 000
Total Current Assets	76 000	62 000	12 000	24 000
Total Assets	1 280 000	1 266 000	1 930 000	2 514 000
Total Equity	233 000	−118 000	399 000	884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	9 000	0	0
Unpaid Taxes	60 000	0	2 000	1 000
Dividends	0	0	0	0
Other Current Debt	987 000	1 375 000	1 529 000	1 629 000
Total Current Debt	1 047 000	1 384 000	1 531 000	1 630 000
Total Equity and Debt	1 280 000	1 266 000	1 930 000	2 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	150,64 %	438,14 %	−121,55 %	16,4 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	55,36 %	86,03 %	30,53 %	48,27 %
Current Ratio	0,07	0,04	0,01	0,01
Quick Ratio	0,07	0,04	0,01	0,01
Equity Ratio	0,18	−0,09	0,21	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %