KARPINSKY OIL & GAS COMPANY AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

53,2 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	195 000
Net Income	−2 780 000	−3 987 000	−3 567 000	−2 777 000
Total Assets	330 000	1 534 000	761 000	933 000
Total Equity	−5 226 000	−3 696 000	−4 109 000	−4 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	195 000
Expenditure	1 796 000	2 634 000	1 554 000	1 656 000
Operating Profit	−1 796 000	−2 634 000	−1 554 000	−1 461 000
Financial Income	1 000	0	0	0
Financial Costs	985 000	1 353 000	2 013 000	1 316 000
Financial Balance	−984 000	−1 353 000	−2 013 000	−1 316 000
Earnings Before Tax	−2 780 000	−3 987 000	−3 567 000	−2 777 000
Tax	0	0	0	0
Net Income	−2 780 000	−3 987 000	−3 567 000	−2 777 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	200 000	200 000	200 000
Total Current Assets	130 000	1 334 000	561 000	733 000
Total Assets	330 000	1 534 000	761 000	933 000
Total Retained Equity	−16 703 000	−13 923 000	−9 936 000	−6 369 000
Total Equity	−5 226 000	−3 696 000	−4 109 000	−4 082 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 556 000	5 230 000	4 870 000	5 015 000
Total Equity and Debt	330 000	1 534 000	761 000	933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	195 000
Other Income	0	0	0	0
Revenue	0	0	0	195 000
Cost of Goods Sold	0	0	2 000	0
Salary Costs	2 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 796 000	2 634 000	1 554 000	1 656 000
Operating Profit	−1 796 000	−2 634 000	−1 554 000	−1 461 000
Financial Income	1 000	0	0	0
Financial Costs	985 000	1 353 000	2 013 000	1 316 000
Financial Balance	−984 000	−1 353 000	−2 013 000	−1 316 000
Dividends	0	0	0	0
Net Income	−2 780 000	−3 987 000	−3 567 000	−2 777 000

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	200 000	200 000	200 000	200 000
Total Fixed Assets	200 000	200 000	200 000	200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	111 000	1 294 000	542 000	590 000
Total Current Assets	130 000	1 334 000	561 000	733 000
Total Assets	330 000	1 534 000	761 000	933 000
Total Equity	−5 226 000	−3 696 000	−4 109 000	−4 082 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 556 000	5 230 000	4 870 000	5 015 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	5 556 000	5 230 000	4 870 000	5 015 000
Total Equity and Debt	330 000	1 534 000	761 000	933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,2 %	107,87 %	86,81 %	68,03 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	-	-	−749,23 %
Current Ratio	0,02	0,26	0,12	0,15
Quick Ratio	0,02	0,26	0,12	0,15
Equity Ratio	−15,84	−2,41	−5,4	−4,38
Gross Profit Margin	-	-	-	100 %