SPITZBERGEN REISEN EIENDOM AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

116,67 %

Current Ratio

0,24

Debt-to-Equity Ratio

−50,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	993 000	1 115 000	752 000	395 000
Net Income	−203 000	517 000	60 000	−118 000
Total Assets	9 761 000	1 733 000	1 757 000	754 000
Total Equity	−174 000	29 000	−30 000	−90 000

Income (NOK)	2022	2021	2020	2019
Revenue	993 000	1 115 000	752 000	395 000
Expenditure	1 165 000	489 000	706 000	512 000
Operating Profit	−173 000	626 000	46 000	−116 000
Financial Income	15 000	0	16 000	0
Financial Costs	44 000	21 000	2 000	2 000
Financial Balance	−29 000	−21 000	14 000	−2 000
Earnings Before Tax	−203 000	605 000	60 000	−118 000
Tax	0	87 000	0	0
Net Income	−203 000	517 000	60 000	−118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 476 000	1 169 000	1 369 000	675 000
Total Current Assets	286 000	564 000	388 000	79 000
Total Assets	9 761 000	1 733 000	1 757 000	754 000
Total Retained Equity	−197 000	6 000	−52 000	−112 000
Total Equity	−174 000	29 000	−30 000	−90 000
Total Long-Term Debt	8 742 000	300 000	300 000	0
Total Current Debt	1 193 000	1 405 000	1 487 000	844 000
Total Equity and Debt	9 761 000	1 733 000	1 757 000	754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	19 000	0	0
Other Income	993 000	1 096 000	752 000	395 000
Revenue	993 000	1 115 000	752 000	395 000
Cost of Goods Sold	0	0	2 000	10 000
Salary Costs	960 000	0	0	0
Depreciation	93 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 165 000	489 000	706 000	512 000
Operating Profit	−173 000	626 000	46 000	−116 000
Financial Income	15 000	0	16 000	0
Financial Costs	44 000	21 000	2 000	2 000
Financial Balance	−29 000	−21 000	14 000	−2 000
Dividends	0	0	0	0
Net Income	−203 000	517 000	60 000	−118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 476 000	1 169 000	1 369 000	675 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 476 000	1 169 000	1 369 000	675 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 476 000	1 169 000	1 369 000	675 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	286 000	505 000	323 000	79 000
Total Current Assets	286 000	564 000	388 000	79 000
Total Assets	9 761 000	1 733 000	1 757 000	754 000
Total Equity	−174 000	29 000	−30 000	−90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 742 000	300 000	300 000	0
Creditors	41 000	43 000	145 000	34 000
Unpaid Taxes	26 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 126 000	1 362 000	1 342 000	814 000
Total Current Debt	1 193 000	1 405 000	1 487 000	844 000
Total Equity and Debt	9 761 000	1 733 000	1 757 000	754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	116,67 %	1 782,76 %	−200 %	131,11 %
Debt-to-Equity Ratio	−50,24	10,34	−10	−0
Operating Profit Margin	−17,42 %	56,14 %	6,12 %	−29,37 %
Current Ratio	0,24	0,4	0,26	0,09
Quick Ratio	0,24	0,4	0,26	0,09
Equity Ratio	−0,02	0,02	−0,02	−0,12
Gross Profit Margin	100 %	100 %	99,73 %	97,47 %