DISCOVER SVALBARD AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

−45,93 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 915 000	1 176 000	1 373 000	2 089 000
Net Income	−113 000	59 000	−260 000	52 000
Total Assets	616 000	678 000	436 000	995 000
Total Equity	246 000	359 000	300 000	560 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 915 000	1 176 000	1 373 000	2 089 000
Expenditure	2 049 000	1 106 000	1 683 000	2 027 000
Operating Profit	−134 000	70 000	−310 000	61 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−134 000	70 000	−309 000	62 000
Tax	−21 000	11 000	−50 000	10 000
Net Income	−113 000	59 000	−260 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	134 000	110 000	140 000
Total Current Assets	507 000	544 000	326 000	855 000
Total Assets	616 000	678 000	436 000	995 000
Total Retained Equity	216 000	329 000	270 000	530 000
Total Equity	246 000	359 000	300 000	560 000
Total Long-Term Debt	0	0	1 000	2 000
Total Current Debt	370 000	320 000	135 000	434 000
Total Equity and Debt	616 000	678 000	436 000	995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 866 000	826 000	1 369 000	2 089 000
Other Income	49 000	350 000	3 000	0
Revenue	1 915 000	1 176 000	1 373 000	2 089 000
Cost of Goods Sold	958 000	499 000	955 000	921 000
Salary Costs	544 000	275 000	337 000	618 000
Depreciation	47 000	33 000	30 000	27 000
Impairment	0	0	0	0
Expenditure	2 049 000	1 106 000	1 683 000	2 027 000
Operating Profit	−134 000	70 000	−310 000	61 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−113 000	59 000	−260 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	33 000	30 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	101 000	80 000	106 000
Total Tangible Assets	59 000	101 000	80 000	106 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	134 000	110 000	140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	453 000	459 000	233 000	773 000
Total Current Assets	507 000	544 000	326 000	855 000
Total Assets	616 000	678 000	436 000	995 000
Total Equity	246 000	359 000	300 000	560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	2 000
Creditors	69 000	38 000	9 000	18 000
Unpaid Taxes	11 000	21 000	6 000	12 000
Dividends	0	0	0	0
Other Current Debt	290 000	242 000	121 000	394 000
Total Current Debt	370 000	320 000	135 000	434 000
Total Equity and Debt	616 000	678 000	436 000	995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,93 %	16,43 %	−86,67 %	9,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7 %	5,95 %	−22,58 %	2,92 %
Current Ratio	1,37	1,7	2,41	1,97
Quick Ratio	1,37	1,7	2,41	1,97
Equity Ratio	0,4	0,53	0,69	0,56
Gross Profit Margin	49,97 %	57,57 %	30,44 %	55,91 %