SVALBARD EXPLORER AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

−18,87 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 373 000	1 756 000	1 304 000	2 721 000
Net Income	−67 000	−43 000	−172 000	182 000
Total Assets	1 042 000	917 000	685 000	1 022 000
Total Equity	355 000	581 000	414 000	586 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 373 000	1 756 000	1 304 000	2 721 000
Expenditure	2 458 000	1 840 000	1 478 000	2 499 000
Operating Profit	−85 000	−84 000	−174 000	221 000
Financial Income	1 000	1 000	3 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	3 000	1 000
Earnings Before Tax	−84 000	−83 000	−172 000	222 000
Tax	−17 000	−40 000	0	40 000
Net Income	−67 000	−43 000	−172 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	342 000	131 000	119 000	169 000
Total Current Assets	700 000	786 000	565 000	852 000
Total Assets	1 042 000	917 000	685 000	1 022 000
Total Retained Equity	325 000	551 000	384 000	556 000
Total Equity	355 000	581 000	414 000	586 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	687 000	336 000	270 000	436 000
Total Equity and Debt	1 042 000	917 000	685 000	1 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 373 000	1 756 000	1 294 000	2 721 000
Other Income	0	0	10 000	0
Revenue	2 373 000	1 756 000	1 304 000	2 721 000
Cost of Goods Sold	188 000	51 000	5 000	202 000
Salary Costs	2 068 000	1 552 000	1 251 000	1 995 000
Depreciation	39 000	42 000	62 000	57 000
Impairment	0	0	0	0
Expenditure	2 458 000	1 840 000	1 478 000	2 499 000
Operating Profit	−85 000	−84 000	−174 000	221 000
Financial Income	1 000	1 000	3 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	3 000	1 000
Dividends	0	0	0	0
Net Income	−67 000	−43 000	−172 000	182 000

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	92 000	131 000	111 000	26 000
Total Tangible Assets	92 000	131 000	111 000	41 000
Total Fiancial Fixed Assets	250 000	0	8 000	129 000
Total Fixed Assets	342 000	131 000	119 000	169 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	354 000	357 000	422 000	544 000
Total Current Assets	700 000	786 000	565 000	852 000
Total Assets	1 042 000	917 000	685 000	1 022 000
Total Equity	355 000	581 000	414 000	586 000
Short-Term Group Debt	250 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	103 000	25 000	11 000	25 000
Unpaid Taxes	46 000	49 000	38 000	55 000
Dividends	0	0	0	0
Other Current Debt	288 000	263 000	221 000	315 000
Total Current Debt	687 000	336 000	270 000	436 000
Total Equity and Debt	1 042 000	917 000	685 000	1 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,87 %	−7,4 %	−41,55 %	31,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,58 %	−4,78 %	−13,34 %	8,12 %
Current Ratio	1,02	2,34	2,09	1,95
Quick Ratio	1,02	2,34	2,09	1,95
Equity Ratio	0,34	0,63	0,6	0,57
Gross Profit Margin	92,08 %	97,1 %	99,62 %	92,58 %