GEIRANGER ADVENTURE AS

6216 GEIRANGER

Finances

Share Ownership

Return on Equity

19,85 %

Current Ratio

1,82

Debt-to-Equity Ratio

−1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 006 000	493 000	631 000	4 648 000
Net Income	−715 000	−1 074 000	−1 931 000	18 000
Total Assets	848 000	1 397 000	2 631 000	1 938 000
Total Equity	−3 602 000	−2 886 000	−1 813 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 006 000	493 000	631 000	4 648 000
Expenditure	3 642 000	1 482 000	1 583 000	4 544 000
Operating Profit	−636 000	−989 000	−952 000	104 000
Financial Income	38 000	2 000	4 000	18 000
Financial Costs	117 000	87 000	939 000	158 000
Financial Balance	−79 000	−85 000	−935 000	−140 000
Earnings Before Tax	−715 000	−1 074 000	−1 887 000	−36 000
Tax	0	0	44 000	−54 000
Net Income	−715 000	−1 074 000	−1 931 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	248 000	397 000	660 000	959 000
Total Current Assets	600 000	1 000 000	1 971 000	979 000
Total Assets	848 000	1 397 000	2 631 000	1 938 000
Total Retained Equity	−3 702 000	−2 986 000	−1 913 000	18 000
Total Equity	−3 602 000	−2 886 000	−1 813 000	118 000
Total Long-Term Debt	4 119 000	4 203 000	4 309 000	1 666 000
Total Current Debt	330 000	81 000	134 000	154 000
Total Equity and Debt	848 000	1 397 000	2 631 000	1 938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 846 000	128 000	188 000	4 617 000
Other Income	160 000	364 000	443 000	31 000
Revenue	3 006 000	493 000	631 000	4 648 000
Cost of Goods Sold	232 000	3 000	3 000	64 000
Salary Costs	1 808 000	545 000	660 000	1 314 000
Depreciation	193 000	263 000	289 000	214 000
Impairment	0	0	0	0
Expenditure	3 642 000	1 482 000	1 583 000	4 544 000
Operating Profit	−636 000	−989 000	−952 000	104 000
Financial Income	38 000	2 000	4 000	18 000
Financial Costs	117 000	87 000	939 000	158 000
Financial Balance	−79 000	−85 000	−935 000	−140 000
Dividends	0	0	0	0
Net Income	−715 000	−1 074 000	−1 931 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	63 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	248 000	397 000	660 000	897 000
Total Tangible Assets	248 000	397 000	660 000	897 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	248 000	397 000	660 000	959 000
Stock	45 000	45 000	45 000	45 000
Total Investments	0	0	0	0
Cash, Bank	13 000	487 000	1 409 000	5 000
Total Current Assets	600 000	1 000 000	1 971 000	979 000
Total Assets	848 000	1 397 000	2 631 000	1 938 000
Total Equity	−3 602 000	−2 886 000	−1 813 000	118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 119 000	4 203 000	4 309 000	1 666 000
Creditors	124 000	12 000	8 000	22 000
Unpaid Taxes	27 000	11 000	25 000	13 000
Dividends	0	0	0	0
Other Current Debt	179 000	57 000	102 000	100 000
Total Current Debt	330 000	81 000	134 000	154 000
Total Equity and Debt	848 000	1 397 000	2 631 000	1 938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,85 %	37,21 %	106,51 %	15,25 %
Debt-to-Equity Ratio	−1,14	−1,46	−2,38	14,12
Operating Profit Margin	−21,16 %	−200,61 %	−150,87 %	2,24 %
Current Ratio	1,82	12,35	14,71	6,36
Quick Ratio	2,11	27,78	22,15	8,98
Equity Ratio	−4,25	−2,07	−0,69	0,06
Gross Profit Margin	92,28 %	99,39 %	99,52 %	98,62 %