NORTHERN XPLORER AS

0158 OSLO

Finances

Share Ownership

Return on Equity

−160,17 %

Current Ratio

3,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	180 000	300 000	100 000
Net Income	−559 000	−227 000	−179 000	−86 000
Total Assets	475 000	1 080 000	237 000	7 000
Total Equity	349 000	908 000	235 000	−56 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	180 000	300 000	100 000
Expenditure	678 000	407 000	479 000	186 000
Operating Profit	−558 000	−227 000	−179 000	−86 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−559 000	−227 000	−179 000	−86 000
Tax	0	0	0	0
Net Income	−559 000	−227 000	−179 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	24 000	24 000	0
Total Current Assets	451 000	1 056 000	214 000	7 000
Total Assets	475 000	1 080 000	237 000	7 000
Total Retained Equity	−1 051 000	−492 000	−265 000	−86 000
Total Equity	349 000	908 000	235 000	−56 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	126 000	172 000	2 000	64 000
Total Equity and Debt	475 000	1 080 000	237 000	7 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	120 000	180 000	300 000	100 000
Revenue	120 000	180 000	300 000	100 000
Cost of Goods Sold	0	0	0	112 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	678 000	407 000	479 000	186 000
Operating Profit	−558 000	−227 000	−179 000	−86 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−559 000	−227 000	−179 000	−86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	24 000	24 000	24 000	0
Total Fixed Assets	24 000	24 000	24 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	300 000	131 000	185 000	1 000
Total Current Assets	451 000	1 056 000	214 000	7 000
Total Assets	475 000	1 080 000	237 000	7 000
Total Equity	349 000	908 000	235 000	−56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	75 000	148 000	2 000	54 000
Unpaid Taxes	47 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	24 000	0	10 000
Total Current Debt	126 000	172 000	2 000	64 000
Total Equity and Debt	475 000	1 080 000	237 000	7 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−160,17 %	−25 %	−76,17 %	153,57 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−465 %	−126,11 %	−59,67 %	−86 %
Current Ratio	3,58	6,14	107	0,11
Quick Ratio	3,58	6,14	107	0,11
Equity Ratio	0,73	0,84	0,99	−8
Gross Profit Margin	100 %	100 %	100 %	−12 %