EXPLORE GEIRANGER AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−13,36 %

Current Ratio

1,95

Debt-to-Equity Ratio

1,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 917 000	1 662 000	2 031 000	0
Net Income	−221 000	−291 000	468 000	−616 000
Total Assets	4 748 000	5 026 000	5 272 000	2 647 000
Total Equity	1 654 000	1 875 000	2 167 000	978 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 917 000	1 662 000	2 031 000	0
Expenditure	1 979 000	1 835 000	1 389 000	616 000
Operating Profit	−62 000	−172 000	643 000	−616 000
Financial Income	0	0	0	0
Financial Costs	159 000	119 000	175 000	0
Financial Balance	−159 000	−119 000	−175 000	0
Earnings Before Tax	−221 000	−291 000	468 000	−616 000
Tax	0	0	0	0
Net Income	−221 000	−291 000	468 000	−616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 186 000	4 246 000	4 340 000	1 788 000
Total Current Assets	562 000	780 000	931 000	858 000
Total Assets	4 748 000	5 026 000	5 272 000	2 647 000
Total Retained Equity	−696 000	−475 000	−183 000	−652 000
Total Equity	1 654 000	1 875 000	2 167 000	978 000
Total Long-Term Debt	2 806 000	2 972 000	3 000 000	0
Total Current Debt	288 000	178 000	105 000	1 668 000
Total Equity and Debt	4 748 000	5 026 000	5 272 000	2 647 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 917 000	1 497 000	2 031 000	0
Other Income	0	165 000	0	0
Revenue	1 917 000	1 662 000	2 031 000	0
Cost of Goods Sold	0	0	2 000	0
Salary Costs	1 150 000	1 109 000	944 000	1 000
Depreciation	272 000	250 000	116 000	0
Impairment	0	0	0	0
Expenditure	1 979 000	1 835 000	1 389 000	616 000
Operating Profit	−62 000	−172 000	643 000	−616 000
Financial Income	0	0	0	0
Financial Costs	159 000	119 000	175 000	0
Financial Balance	−159 000	−119 000	−175 000	0
Dividends	0	0	0	0
Net Income	−221 000	−291 000	468 000	−616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	80 000	26 000	0	0
Real Eastate	0	0	0	1 788 000
Machinery and Plant Facilities	3 303 000	3 321 000	3 462 000	0
Fixtures	803 000	900 000	878 000	0
Total Tangible Assets	4 107 000	4 220 000	4 340 000	1 788 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 186 000	4 246 000	4 340 000	1 788 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	526 000	774 000	872 000	472 000
Total Current Assets	562 000	780 000	931 000	858 000
Total Assets	4 748 000	5 026 000	5 272 000	2 647 000
Total Equity	1 654 000	1 875 000	2 167 000	978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 806 000	2 972 000	3 000 000	0
Creditors	89 000	34 000	6 000	1 668 000
Unpaid Taxes	38 000	30 000	9 000	0
Dividends	0	0	0	0
Other Current Debt	161 000	115 000	90 000	0
Total Current Debt	288 000	178 000	105 000	1 668 000
Total Equity and Debt	4 748 000	5 026 000	5 272 000	2 647 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,36 %	−15,52 %	21,6 %	−62,99 %
Debt-to-Equity Ratio	1,7	1,59	1,38	0
Operating Profit Margin	−3,23 %	−10,35 %	31,66 %	-
Current Ratio	1,95	4,38	8,87	0,51
Quick Ratio	1,95	4,38	8,87	0,51
Equity Ratio	0,35	0,37	0,41	0,37
Gross Profit Margin	100 %	100 %	99,9 %	-