NORWEGIAN EXPLORER VANS AS

2450 RENA

Finances

Share Ownership

Return on Equity

−13,78 %

Current Ratio

1,63

Debt-to-Equity Ratio

−2,41

Key figures (NOK)	2022	2021	2020
Revenue	901 000	1 379 000	81 000
Net Income	54 000	−325 000	−145 000
Total Assets	865 000	420 000	310 000
Total Equity	−392 000	−446 000	−120 000

Income (NOK)	2022	2021	2020
Revenue	901 000	1 379 000	81 000
Expenditure	845 000	1 706 000	226 000
Operating Profit	56 000	−325 000	−145 000
Financial Income	2 000	0	0
Financial Costs	4 000	0	0
Financial Balance	−2 000	0	0
Earnings Before Tax	54 000	−325 000	−145 000
Tax	0	0	0
Net Income	54 000	−325 000	−145 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	359 000	294 000	280 000
Total Current Assets	506 000	126 000	30 000
Total Assets	865 000	420 000	310 000
Total Retained Equity	−422 000	−470 000	−145 000
Total Equity	−392 000	−446 000	−120 000
Total Long-Term Debt	946 000	36 000	0
Total Current Debt	311 000	830 000	431 000
Total Equity and Debt	865 000	420 000	310 000

Cash flow (NOK)	2022	2021	2020
Sales Income	926 000	1 379 000	81 000
Other Income	−25 000	0	0
Revenue	901 000	1 379 000	81 000
Cost of Goods Sold	32 000	1 177 000	43 000
Salary Costs	8 000	4 000	0
Depreciation	95 000	87 000	19 000
Impairment	0	0	0
Expenditure	845 000	1 706 000	226 000
Operating Profit	56 000	−325 000	−145 000
Financial Income	2 000	0	0
Financial Costs	4 000	0	0
Financial Balance	−2 000	0	0
Dividends	0	0	0
Net Income	54 000	−325 000	−145 000

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	131 000	206 000	280 000
Fixtures	228 000	88 000	0
Total Tangible Assets	359 000	294 000	280 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	359 000	294 000	280 000
Stock	394 000	0	0
Total Investments	0	0	0
Cash, Bank	18 000	97 000	30 000
Total Current Assets	506 000	126 000	30 000
Total Assets	865 000	420 000	310 000
Total Equity	−392 000	−446 000	−120 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	946 000	36 000	0
Creditors	311 000	4 000	0
Unpaid Taxes	0	−47 000	−38 000
Dividends	0	0	0
Other Current Debt	0	873 000	468 000
Total Current Debt	311 000	830 000	431 000
Total Equity and Debt	865 000	420 000	310 000

Financial indicators	2022	2021	2020
Return on Equity	−13,78 %	72,87 %	120,83 %
Debt-to-Equity Ratio	−2,41	−0,08	−0
Operating Profit Margin	6,22 %	−23,57 %	−179,01 %
Current Ratio	1,63	0,15	0,07
Quick Ratio	−6,1	0,15	0,07
Equity Ratio	−0,45	−1,06	−0,39
Gross Profit Margin	96,45 %	14,65 %	46,91 %