EXPLORATIVE AS

7714 STEINKJER

Finances

Return on Equity

13,8 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 511 000	4 494 000	3 651 000	4 415 000
Net Income	41 000	66 000	154 000	25 000
Total Assets	977 000	940 000	787 000	1 006 000
Total Equity	297 000	256 000	190 000	36 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 511 000	4 494 000	3 651 000	4 415 000
Expenditure	4 453 000	4 405 000	3 448 000	4 423 000
Operating Profit	59 000	88 000	204 000	−8 000
Financial Income	1 000	2 000	2 000	46 000
Financial Costs	7 000	4 000	9 000	18 000
Financial Balance	−6 000	−2 000	−7 000	28 000
Earnings Before Tax	53 000	85 000	197 000	20 000
Tax	12 000	19 000	43 000	−6 000
Net Income	41 000	66 000	154 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	181 000	211 000	273 000
Total Current Assets	804 000	759 000	577 000	733 000
Total Assets	977 000	940 000	787 000	1 006 000
Total Retained Equity	197 000	156 000	90 000	−64 000
Total Equity	297 000	256 000	190 000	36 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	679 000	684 000	597 000	970 000
Total Equity and Debt	977 000	940 000	787 000	1 006 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 370 000	4 275 000	4 021 000	4 673 000
Other Income	141 000	219 000	−370 000	−258 000
Revenue	4 511 000	4 494 000	3 651 000	4 415 000
Cost of Goods Sold	605 000	895 000	228 000	1 028 000
Salary Costs	1 917 000	1 844 000	1 726 000	1 700 000
Depreciation	50 000	51 000	47 000	38 000
Impairment	0	0	0	0
Expenditure	4 453 000	4 405 000	3 448 000	4 423 000
Operating Profit	59 000	88 000	204 000	−8 000
Financial Income	1 000	2 000	2 000	46 000
Financial Costs	7 000	4 000	9 000	18 000
Financial Balance	−6 000	−2 000	−7 000	28 000
Dividends	0	0	0	0
Net Income	41 000	66 000	154 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	14 000	33 000	77 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	117 000	120 000	125 000	172 000
Total Tangible Assets	117 000	120 000	125 000	172 000
Total Fiancial Fixed Assets	47 000	47 000	52 000	24 000
Total Fixed Assets	173 000	181 000	211 000	273 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 000	251 000	367 000	40 000
Total Current Assets	804 000	759 000	577 000	733 000
Total Assets	977 000	940 000	787 000	1 006 000
Total Equity	297 000	256 000	190 000	36 000
Short-Term Group Debt	59 000	6 000	0	2 000
Total Long-Term Debt	0	0	0	0
Creditors	111 000	241 000	20 000	444 000
Unpaid Taxes	203 000	134 000	88 000	85 000
Dividends	0	0	0	0
Other Current Debt	197 000	303 000	489 000	424 000
Total Current Debt	679 000	684 000	597 000	970 000
Total Equity and Debt	977 000	940 000	787 000	1 006 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,8 %	25,78 %	81,05 %	69,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,31 %	1,96 %	5,59 %	−0,18 %
Current Ratio	1,18	1,11	0,97	0,76
Quick Ratio	1,18	1,11	0,97	0,76
Equity Ratio	0,3	0,27	0,24	0,04
Gross Profit Margin	86,59 %	80,08 %	93,76 %	76,72 %