NORDFJORD ADVENTURE AS

6770 NORDFJORDEID

Finances

Share Ownership

Return on Equity

−24 %

Current Ratio

0,29

Debt-to-Equity Ratio

4,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 000	0	15 000	46 000
Net Income	−132 000	−20 000	−33 000	−60 000
Total Assets	3 040 000	202 000	225 000	433 000
Total Equity	550 000	202 000	222 000	254 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 000	0	15 000	46 000
Expenditure	125 000	21 000	45 000	101 000
Operating Profit	−94 000	−20 000	−30 000	−56 000
Financial Income	0	0	0	0
Financial Costs	38 000	0	4 000	17 000
Financial Balance	−38 000	0	−4 000	−17 000
Earnings Before Tax	−132 000	−20 000	−34 000	−72 000
Tax	0	0	−2 000	−12 000
Net Income	−132 000	−20 000	−33 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 963 000	38 000	0	137 000
Total Current Assets	77 000	164 000	225 000	296 000
Total Assets	3 040 000	202 000	225 000	433 000
Total Retained Equity	−50 000	82 000	102 000	134 000
Total Equity	550 000	202 000	222 000	254 000
Total Long-Term Debt	2 220 000	0	0	136 000
Total Current Debt	269 000	0	3 000	43 000
Total Equity and Debt	3 040 000	202 000	225 000	433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 000	0	0	0
Other Income	21 000	0	15 000	46 000
Revenue	32 000	0	15 000	46 000
Cost of Goods Sold	0	0	0	10 000
Salary Costs	0	0	0	0
Depreciation	40 000	8 000	16 000	31 000
Impairment	0	0	0	0
Expenditure	125 000	21 000	45 000	101 000
Operating Profit	−94 000	−20 000	−30 000	−56 000
Financial Income	0	0	0	0
Financial Costs	38 000	0	4 000	17 000
Financial Balance	−38 000	0	−4 000	−17 000
Dividends	0	0	0	0
Net Income	−132 000	−20 000	−33 000	−60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 734 000	0	0	0
Machinery and Plant Facilities	191 000	38 000	0	137 000
Fixtures	38 000	0	0	0
Total Tangible Assets	2 963 000	38 000	0	137 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 963 000	38 000	0	137 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	12 000	70 000	90 000
Total Current Assets	77 000	164 000	225 000	296 000
Total Assets	3 040 000	202 000	225 000	433 000
Total Equity	550 000	202 000	222 000	254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 220 000	0	0	136 000
Creditors	229 000	0	3 000	5 000
Unpaid Taxes	0	0	0	9 000
Dividends	0	0	0	0
Other Current Debt	40 000	0	0	30 000
Total Current Debt	269 000	0	3 000	43 000
Total Equity and Debt	3 040 000	202 000	225 000	433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24 %	−9,9 %	−14,86 %	−23,62 %
Debt-to-Equity Ratio	4,04	0	0	0,54
Operating Profit Margin	−293,75 %	-	−200 %	−121,74 %
Current Ratio	0,29	-	75	6,88
Quick Ratio	0,29	-	75	6,88
Equity Ratio	0,18	1	0,99	0,59
Gross Profit Margin	100 %	-	100 %	78,26 %