VARANGER SEA ADVENTURE AS

9802 VESTRE JAKOBSELV

Finances

Share Ownership

Return on Equity

−405,71 %

Current Ratio

0,78

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	639 000	616 000	356 000	565 000
Net Income	142 000	385 000	−280 000	−183 000
Total Assets	348 000	118 000	365 000	102 000
Total Equity	−35 000	−177 000	−562 000	−283 000

Income (NOK)	2022	2021	2020	2019
Revenue	639 000	616 000	356 000	565 000
Expenditure	430 000	96 000	785 000	731 000
Operating Profit	209 000	520 000	−429 000	−166 000
Financial Income	0	0	0	0
Financial Costs	27 000	25 000	21 000	17 000
Financial Balance	−27 000	−25 000	−21 000	−17 000
Earnings Before Tax	182 000	495 000	−449 000	−183 000
Tax	41 000	109 000	−170 000	0
Net Income	142 000	385 000	−280 000	−183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 000	99 000	230 000	83 000
Total Current Assets	270 000	18 000	135 000	19 000
Total Assets	348 000	118 000	365 000	102 000
Total Retained Equity	−65 000	−207 000	−592 000	−313 000
Total Equity	−35 000	−177 000	−562 000	−283 000
Total Long-Term Debt	35 000	70 000	134 000	155 000
Total Current Debt	348 000	225 000	794 000	230 000
Total Equity and Debt	348 000	118 000	365 000	102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	633 000	616 000	345 000	565 000
Other Income	6 000	0	11 000	0
Revenue	639 000	616 000	356 000	565 000
Cost of Goods Sold	3 000	43 000	0	0
Salary Costs	103 000	29 000	165 000	14 000
Depreciation	2 000	22 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	430 000	96 000	785 000	731 000
Operating Profit	209 000	520 000	−429 000	−166 000
Financial Income	0	0	0	0
Financial Costs	27 000	25 000	21 000	17 000
Financial Balance	−27 000	−25 000	−21 000	−17 000
Dividends	0	0	0	0
Net Income	142 000	385 000	−280 000	−183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	60 000	170 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	39 000	61 000	83 000
Total Tangible Assets	59 000	39 000	61 000	83 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	78 000	99 000	230 000	83 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 000	0	0	6 000
Total Current Assets	270 000	18 000	135 000	19 000
Total Assets	348 000	118 000	365 000	102 000
Total Equity	−35 000	−177 000	−562 000	−283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	70 000	134 000	155 000
Creditors	147 000	113 000	117 000	116 000
Unpaid Taxes	38 000	0	9 000	0
Dividends	0	0	0	0
Other Current Debt	98 000	3 000	557 000	1 000
Total Current Debt	348 000	225 000	794 000	230 000
Total Equity and Debt	348 000	118 000	365 000	102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−405,71 %	−217,51 %	49,82 %	64,66 %
Debt-to-Equity Ratio	−1	−0,4	−0,24	−0,55
Operating Profit Margin	32,71 %	84,42 %	−120,51 %	−29,38 %
Current Ratio	0,78	0,08	0,17	0,08
Quick Ratio	0,78	0,08	0,17	0,08
Equity Ratio	−0,1	−1,5	−1,54	−2,77
Gross Profit Margin	99,53 %	93,02 %	100 %	100 %