EXPLORE 62 NORTH AS

6718 DEKNEPOLLEN

Finances

Return on Equity

35,26 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 014 000	526 000	255 000	434 000
Net Income	67 000	60 000	−3 000	−129 000
Total Assets	459 000	151 000	79 000	155 000
Total Equity	190 000	123 000	63 000	66 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 014 000	526 000	255 000	434 000
Expenditure	946 000	464 000	255 000	562 000
Operating Profit	67 000	61 000	0	−128 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	3 000	0
Financial Balance	0	−1 000	−3 000	0
Earnings Before Tax	67 000	60 000	−3 000	−129 000
Tax	0	0	0	0
Net Income	67 000	60 000	−3 000	−129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 000	71 000	78 000	40 000
Total Current Assets	355 000	81 000	2 000	115 000
Total Assets	459 000	151 000	79 000	155 000
Total Retained Equity	−10 000	−72 000	−132 000	−129 000
Total Equity	190 000	123 000	63 000	66 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	269 000	29 000	16 000	89 000
Total Equity and Debt	459 000	151 000	79 000	155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	879 000	296 000	204 000	52 000
Other Income	135 000	230 000	50 000	382 000
Revenue	1 014 000	526 000	255 000	434 000
Cost of Goods Sold	398 000	141 000	89 000	2 000
Salary Costs	113 000	17 000	0	124 000
Depreciation	35 000	35 000	0	0
Impairment	0	9 000	0	0
Expenditure	946 000	464 000	255 000	562 000
Operating Profit	67 000	61 000	0	−128 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	3 000	0
Financial Balance	0	−1 000	−3 000	0
Dividends	0	0	0	0
Net Income	67 000	60 000	−3 000	−129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	41 000	40 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	89 000	71 000	12 000	0
Total Tangible Assets	89 000	71 000	37 000	0
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	104 000	71 000	78 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	336 000	81 000	2 000	66 000
Total Current Assets	355 000	81 000	2 000	115 000
Total Assets	459 000	151 000	79 000	155 000
Total Equity	190 000	123 000	63 000	66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	41 000	5 000	0	59 000
Unpaid Taxes	0	−18 000	0	−32 000
Dividends	0	0	0	0
Other Current Debt	228 000	42 000	16 000	62 000
Total Current Debt	269 000	29 000	16 000	89 000
Total Equity and Debt	459 000	151 000	79 000	155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,26 %	48,78 %	−4,76 %	−195,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,61 %	11,6 %	0 %	−29,49 %
Current Ratio	1,32	2,79	0,13	1,29
Quick Ratio	1,32	2,79	0,13	1,29
Equity Ratio	0,41	0,81	0,8	0,43
Gross Profit Margin	60,75 %	73,19 %	65,1 %	99,54 %