KARMSUND ADVENTURE GROUP AS

4250 KOPERVIK

Finances

Return on Equity

−29,26 %

Current Ratio

0,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	873 000	253 000	0	32 000
Net Income	−1 964 000	−27 000	−319 000	203 000
Total Assets	8 846 000	9 817 000	6 275 000	5 811 000
Total Equity	6 712 000	8 676 000	4 812 000	5 130 000

Income (NOK)	2022	2021	2020	2019
Revenue	873 000	253 000	0	32 000
Expenditure	1 472 000	287 000	411 000	253 000
Operating Profit	−599 000	−34 000	−411 000	−221 000
Financial Income	3 000	2 000	6 000	384 000
Financial Costs	1 441 000	3 000	3 000	2 000
Financial Balance	−1 438 000	−1 000	3 000	382 000
Earnings Before Tax	−2 038 000	−35 000	−409 000	160 000
Tax	−73 000	−8 000	−90 000	−43 000
Net Income	−1 964 000	−27 000	−319 000	203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 118 000	8 668 000	5 060 000	4 427 000
Total Current Assets	729 000	1 148 000	1 215 000	1 384 000
Total Assets	8 846 000	9 817 000	6 275 000	5 811 000
Total Retained Equity	713 000	2 677 000	2 705 000	3 023 000
Total Equity	6 712 000	8 676 000	4 812 000	5 130 000
Total Long-Term Debt	0	73 000	81 000	171 000
Total Current Debt	2 135 000	1 067 000	1 383 000	509 000
Total Equity and Debt	8 846 000	9 817 000	6 275 000	5 811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	796 000	0	0	0
Other Income	77 000	253 000	0	32 000
Revenue	873 000	253 000	0	32 000
Cost of Goods Sold	7 000	0	0	0
Salary Costs	1 162 000	0	0	0
Depreciation	0	22 000	26 000	0
Impairment	0	0	0	0
Expenditure	1 472 000	287 000	411 000	253 000
Operating Profit	−599 000	−34 000	−411 000	−221 000
Financial Income	3 000	2 000	6 000	384 000
Financial Costs	1 441 000	3 000	3 000	2 000
Financial Balance	−1 438 000	−1 000	3 000	382 000
Dividends	0	0	0	0
Net Income	−1 964 000	−27 000	−319 000	203 000

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	197 000	0
Total Tangible Assets	0	0	197 000	0
Total Fiancial Fixed Assets	8 118 000	8 668 000	4 863 000	4 427 000
Total Fixed Assets	8 118 000	8 668 000	5 060 000	4 427 000
Stock	101 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	264 000	767 000	1 174 000
Total Current Assets	729 000	1 148 000	1 215 000	1 384 000
Total Assets	8 846 000	9 817 000	6 275 000	5 811 000
Total Equity	6 712 000	8 676 000	4 812 000	5 130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	73 000	81 000	171 000
Creditors	7 000	10 000	5 000	30 000
Unpaid Taxes	49 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	122 000	26 000	263 000	263 000
Total Current Debt	2 135 000	1 067 000	1 383 000	509 000
Total Equity and Debt	8 846 000	9 817 000	6 275 000	5 811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,26 %	−0,31 %	−6,63 %	3,96 %
Debt-to-Equity Ratio	0	0,01	0,02	0,03
Operating Profit Margin	−68,61 %	−13,44 %	-	−690,63 %
Current Ratio	0,34	1,08	0,88	2,72
Quick Ratio	0,36	1,08	0,88	2,72
Equity Ratio	0,76	0,88	0,77	0,88
Gross Profit Margin	99,2 %	100 %	-	100 %