EXPLOREMORE AS

3124 TØNSBERG

Finances

Share Ownership

Return on Equity

52,94 %

Current Ratio

0,86

Debt-to-Equity Ratio

420,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	280 000	0	0
Net Income	9 000	−1 000	−14 000	0
Total Assets	7 341 000	7 270 000	10 000	24 000
Total Equity	17 000	8 000	10 000	24 000

Income (NOK)	2022	2021	2020
Revenue	420 000	280 000	0
Expenditure	164 000	91 000	14 000
Operating Profit	256 000	190 000	−14 000
Financial Income	0	0	0
Financial Costs	247 000	191 000	0
Financial Balance	−247 000	−191 000	0
Earnings Before Tax	9 000	−1 000	−14 000
Tax	0	0	0
Net Income	9 000	−1 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 196 000	7 166 000	0	0
Total Current Assets	146 000	105 000	10 000	24 000
Total Assets	7 341 000	7 270 000	10 000	24 000
Total Retained Equity	−7 000	−16 000	−15 000	0
Total Equity	17 000	8 000	10 000	24 000
Total Long-Term Debt	7 154 000	7 168 000	0	0
Total Current Debt	170 000	94 000	0	0
Total Equity and Debt	7 341 000	7 270 000	10 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	420 000	280 000	0
Revenue	420 000	280 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	15 000	5 000	0
Impairment	0	0	0
Expenditure	164 000	91 000	14 000
Operating Profit	256 000	190 000	−14 000
Financial Income	0	0	0
Financial Costs	247 000	191 000	0
Financial Balance	−247 000	−191 000	0
Dividends	0	0	0
Net Income	9 000	−1 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 140 000	7 140 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	56 000	26 000	0	0
Total Tangible Assets	7 196 000	7 166 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 196 000	7 166 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	144 000	105 000	10 000	24 000
Total Current Assets	146 000	105 000	10 000	24 000
Total Assets	7 341 000	7 270 000	10 000	24 000
Total Equity	17 000	8 000	10 000	24 000
Short-Term Group Debt	110 000	59 000	0	0
Total Long-Term Debt	7 154 000	7 168 000	0	0
Creditors	14 000	7 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	46 000	29 000	0	0
Total Current Debt	170 000	94 000	0	0
Total Equity and Debt	7 341 000	7 270 000	10 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,94 %	−12,5 %	−140 %	0 %
Debt-to-Equity Ratio	420,82	896	0	0
Operating Profit Margin	60,95 %	67,86 %	-	-
Current Ratio	0,86	1,12	-	-
Quick Ratio	0,86	1,12	-	-
Equity Ratio	0	0	1	1
Gross Profit Margin	100 %	100 %	-	-