NORWAY ADVENTURES HOLDING AS

6730 DAVIK

Finances

Return on Equity

0 %

Current Ratio

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 000	2 736 000	944 000	8 485 000
Net Income	0	1 852 000	−642 000	680 000
Total Assets	1 909 000	1 927 000	1 169 000	1 204 000
Total Equity	1 664 000	1 664 000	−188 000	454 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 000	2 736 000	944 000	8 485 000
Expenditure	15 000	356 000	1 849 000	7 780 000
Operating Profit	−2 000	2 380 000	−905 000	704 000
Financial Income	0	1 000	8 000	2 000
Financial Costs	−2 000	9 000	21 000	27 000
Financial Balance	2 000	−8 000	−13 000	−25 000
Earnings Before Tax	0	2 373 000	−918 000	680 000
Tax	0	521 000	−276 000	0
Net Income	0	1 852 000	−642 000	680 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 845 000	1 845 000	859 000	762 000
Total Current Assets	64 000	82 000	310 000	441 000
Total Assets	1 909 000	1 927 000	1 169 000	1 204 000
Total Retained Equity	1 634 000	1 634 000	−218 000	424 000
Total Equity	1 664 000	1 664 000	−188 000	454 000
Total Long-Term Debt	245 000	246 000	72 000	139 000
Total Current Debt	1 000	17 000	1 285 000	611 000
Total Equity and Debt	1 909 000	1 927 000	1 169 000	1 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 000	245 000	847 000	8 455 000
Other Income	0	2 491 000	97 000	31 000
Revenue	14 000	2 736 000	944 000	8 485 000
Cost of Goods Sold	−3 000	0	252 000	5 278 000
Salary Costs	0	160 000	838 000	1 548 000
Depreciation	0	0	179 000	102 000
Impairment	0	0	0	0
Expenditure	15 000	356 000	1 849 000	7 780 000
Operating Profit	−2 000	2 380 000	−905 000	704 000
Financial Income	0	1 000	8 000	2 000
Financial Costs	−2 000	9 000	21 000	27 000
Financial Balance	2 000	−8 000	−13 000	−25 000
Dividends	0	0	0	0
Net Income	0	1 852 000	−642 000	680 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	802 000	676 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	8 000	12 000
Fixtures	0	0	49 000	75 000
Total Tangible Assets	0	0	57 000	86 000
Total Fiancial Fixed Assets	1 845 000	1 845 000	0	0
Total Fixed Assets	1 845 000	1 845 000	859 000	762 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	63 000	82 000	275 000	444 000
Total Current Assets	64 000	82 000	310 000	441 000
Total Assets	1 909 000	1 927 000	1 169 000	1 204 000
Total Equity	1 664 000	1 664 000	−188 000	454 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	245 000	246 000	72 000	139 000
Creditors	0	3 000	3 000	84 000
Unpaid Taxes	1 000	0	57 000	40 000
Dividends	0	0	0	0
Other Current Debt	−1 000	14 000	1 224 000	486 000
Total Current Debt	1 000	17 000	1 285 000	611 000
Total Equity and Debt	1 909 000	1 927 000	1 169 000	1 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	111,3 %	341,49 %	149,78 %
Debt-to-Equity Ratio	0,15	0,15	−0,38	0,31
Operating Profit Margin	−14,29 %	86,99 %	−95,87 %	8,3 %
Current Ratio	64	4,82	0,24	0,72
Quick Ratio	64	4,82	0,24	0,72
Equity Ratio	0,87	0,86	−0,16	0,38
Gross Profit Margin	121,43 %	100 %	73,31 %	37,8 %