EXPLORE WORLDS AS

0481 OSLO

Finances

Return on Equity

57,14 %

Current Ratio

51,08

Debt-to-Equity Ratio

10,9

Key figures (NOK)	2022	2021	2020
Revenue	52 000	43 000	54 000
Net Income	36 000	−4 000	6 000
Total Assets	764 000	878 000	131 000
Total Equity	63 000	27 000	31 000

Income (NOK)	2022	2021	2020
Revenue	52 000	43 000	54 000
Expenditure	14 000	62 000	48 000
Operating Profit	38 000	−19 000	6 000
Financial Income	13 000	15 000	0
Financial Costs	13 000	0	0
Financial Balance	0	15 000	0
Earnings Before Tax	38 000	−4 000	6 000
Tax	1 000	0	0
Net Income	36 000	−4 000	6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	100 000	0	0
Total Current Assets	664 000	878 000	131 000
Total Assets	764 000	878 000	131 000
Total Retained Equity	33 000	−3 000	1 000
Total Equity	63 000	27 000	31 000
Total Long-Term Debt	687 000	850 000	100 000
Total Current Debt	13 000	1 000	0
Total Equity and Debt	764 000	878 000	131 000

Cash flow (NOK)	2022	2021	2020
Sales Income	52 000	43 000	54 000
Other Income	0	0	0
Revenue	52 000	43 000	54 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	14 000	62 000	48 000
Operating Profit	38 000	−19 000	6 000
Financial Income	13 000	15 000	0
Financial Costs	13 000	0	0
Financial Balance	0	15 000	0
Dividends	0	0	0
Net Income	36 000	−4 000	6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	100 000	0	0
Total Fixed Assets	100 000	0	0
Stock	0	0	0
Total Investments	626 000	865 000	100 000
Cash, Bank	28 000	8 000	31 000
Total Current Assets	664 000	878 000	131 000
Total Assets	764 000	878 000	131 000
Total Equity	63 000	27 000	31 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	687 000	850 000	100 000
Creditors	0	0	0
Unpaid Taxes	12 000	1 000	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	13 000	1 000	0
Total Equity and Debt	764 000	878 000	131 000

Financial indicators	2022	2021	2020
Return on Equity	57,14 %	−14,81 %	19,35 %
Debt-to-Equity Ratio	10,9	31,48	3,23
Operating Profit Margin	73,08 %	−44,19 %	11,11 %
Current Ratio	51,08	878	-
Quick Ratio	51,08	878	-
Equity Ratio	0,08	0,03	0,24
Gross Profit Margin	100 %	100 %	100 %