AUSTRE ADVENTFJORD AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

68,13 %

Current Ratio

0,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	38 000	0	27 000 000
Net Income	2 426 000	−97 000	−2 812 000	3 686 000
Total Assets	9 936 000	11 008 000	14 641 000	22 788 000
Total Equity	3 561 000	1 135 000	1 232 000	4 044 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	38 000	0	27 000 000
Expenditure	392 000	1 503 000	2 831 000	23 297 000
Operating Profit	−392 000	−1 465 000	−2 830 000	3 703 000
Financial Income	3 174 000	1 368 000	2 000	0
Financial Costs	356 000	0	0	0
Financial Balance	2 818 000	1 368 000	2 000	0
Earnings Before Tax	2 426 000	−97 000	−2 828 000	3 703 000
Tax	0	0	−17 000	17 000
Net Income	2 426 000	−97 000	−2 812 000	3 686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 477 000	4 864 000	4 945 000	5 494 000
Total Current Assets	459 000	6 144 000	9 696 000	17 295 000
Total Assets	9 936 000	11 008 000	14 641 000	22 788 000
Total Retained Equity	−469 000	−2 895 000	−2 798 000	14 000
Total Equity	3 561 000	1 135 000	1 232 000	4 044 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 375 000	9 873 000	13 409 000	18 744 000
Total Equity and Debt	9 936 000	11 008 000	14 641 000	22 788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	30 000	0	0
Other Income	−8 000	8 000	0	27 000 000
Revenue	0	38 000	0	27 000 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	1 120 000	0	0
Depreciation	82 000	82 000	121 000	0
Impairment	0	0	0	0
Expenditure	392 000	1 503 000	2 831 000	23 297 000
Operating Profit	−392 000	−1 465 000	−2 830 000	3 703 000
Financial Income	3 174 000	1 368 000	2 000	0
Financial Costs	356 000	0	0	0
Financial Balance	2 818 000	1 368 000	2 000	0
Dividends	0	0	0	0
Net Income	2 426 000	−97 000	−2 812 000	3 686 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 001 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 476 000	1 557 000	1 639 000	0
Total Tangible Assets	9 477 000	1 557 000	1 639 000	0
Total Fiancial Fixed Assets	0	3 307 000	3 307 000	5 494 000
Total Fixed Assets	9 477 000	4 864 000	4 945 000	5 494 000
Stock	0	0	0	0
Total Investments	0	6 099 000	7 463 000	0
Cash, Bank	405 000	38 000	2 233 000	17 295 000
Total Current Assets	459 000	6 144 000	9 696 000	17 295 000
Total Assets	9 936 000	11 008 000	14 641 000	22 788 000
Total Equity	3 561 000	1 135 000	1 232 000	4 044 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	89 000	85 000	513 000
Unpaid Taxes	470 000	470 000	0	0
Dividends	0	0	0	0
Other Current Debt	5 905 000	9 315 000	13 324 000	18 215 000
Total Current Debt	6 375 000	9 873 000	13 409 000	18 744 000
Total Equity and Debt	9 936 000	11 008 000	14 641 000	22 788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,13 %	−8,55 %	−228,25 %	91,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−3 855,26 %	-	13,71 %
Current Ratio	0,07	0,62	0,72	0,92
Quick Ratio	0,07	0,62	0,72	0,92
Equity Ratio	0,36	0,1	0,08	0,18
Gross Profit Margin	-	100 %	-	100 %