SVALBARD EXPEDITIONS AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

−41,22 %

Current Ratio

3,16

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 261 000	469 000	1 826 000	3 123 000
Net Income	−312 000	−66 000	855 000	250 000
Total Assets	1 022 000	1 624 000	2 558 000	997 000
Total Equity	757 000	1 069 000	1 136 000	280 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 261 000	469 000	1 826 000	3 123 000
Expenditure	2 703 000	666 000	816 000	2 860 000
Operating Profit	−441 000	−196 000	1 010 000	263 000
Financial Income	84 000	110 000	29 000	45 000
Financial Costs	10 000	13 000	22 000	7 000
Financial Balance	74 000	97 000	7 000	38 000
Earnings Before Tax	−367 000	−99 000	1 017 000	301 000
Tax	−55 000	−33 000	161 000	51 000
Net Income	−312 000	−66 000	855 000	250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	476 000	565 000	373 000	257 000
Total Current Assets	546 000	1 059 000	2 185 000	740 000
Total Assets	1 022 000	1 624 000	2 558 000	997 000
Total Retained Equity	727 000	1 039 000	1 106 000	250 000
Total Equity	757 000	1 069 000	1 136 000	280 000
Total Long-Term Debt	93 000	315 000	500 000	1 000
Total Current Debt	173 000	240 000	922 000	716 000
Total Equity and Debt	1 022 000	1 624 000	2 558 000	997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 261 000	469 000	1 826 000	3 123 000
Other Income	0	0	0	0
Revenue	2 261 000	469 000	1 826 000	3 123 000
Cost of Goods Sold	1 615 000	123 000	0	1 704 000
Salary Costs	672 000	198 000	294 000	661 000
Depreciation	16 000	16 000	16 000	11 000
Impairment	0	0	0	0
Expenditure	2 703 000	666 000	816 000	2 860 000
Operating Profit	−441 000	−196 000	1 010 000	263 000
Financial Income	84 000	110 000	29 000	45 000
Financial Costs	10 000	13 000	22 000	7 000
Financial Balance	74 000	97 000	7 000	38 000
Dividends	0	0	0	0
Net Income	−312 000	−66 000	855 000	250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	108 000	52 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	37 000	53 000	68 000
Total Tangible Assets	21 000	37 000	53 000	68 000
Total Fiancial Fixed Assets	347 000	475 000	320 000	189 000
Total Fixed Assets	476 000	565 000	373 000	257 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	361 000	773 000	2 154 000	700 000
Total Current Assets	546 000	1 059 000	2 185 000	740 000
Total Assets	1 022 000	1 624 000	2 558 000	997 000
Total Equity	757 000	1 069 000	1 136 000	280 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	93 000	315 000	500 000	1 000
Creditors	77 000	35 000	106 000	121 000
Unpaid Taxes	23 000	8 000	3 000	35 000
Dividends	0	0	0	0
Other Current Debt	72 000	196 000	651 000	510 000
Total Current Debt	173 000	240 000	922 000	716 000
Total Equity and Debt	1 022 000	1 624 000	2 558 000	997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,22 %	−6,17 %	75,26 %	89,29 %
Debt-to-Equity Ratio	0,12	0,29	0,44	0
Operating Profit Margin	−19,5 %	−41,79 %	55,31 %	8,42 %
Current Ratio	3,16	4,41	2,37	1,03
Quick Ratio	3,16	4,41	2,37	1,03
Equity Ratio	0,74	0,66	0,44	0,28
Gross Profit Margin	28,57 %	73,77 %	100 %	45,44 %