Debt (Tables)

9 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

The components of the long-term debt, including the current portion, are as follows (in thousands of Korean Won):

	September 30, 2019			December 31, 2018
Loans from Small & medium Business Corporation borrowed at March 23, 2016 with the maturity of March 22, 2021 and at an interest of 4.22% and 4.22% per annum for 2019 and 2018, respectively, guaranteed by Ung Gyu Kim, President	￦	285,480		￦	374,760
Loans from Small & medium Business Corporation borrowed at February 28, 2017 with the maturity of February 28, 2022 and at an interest of 2.65% and 2.65% per annum for 2019 and 2018, respectively, guaranteed by Ung Gyu Kim, President		160,950			200,000
Loans from Small & medium Business Corporation borrowed at August 13, 2018 with the maturity of August 14, 2023 and at an interest of 2.43% and 2.43% per annum for 2019 and 2018, respectively, guaranteed by Ung Gyu Kim, President		100,000			100,000
Loan from National Federation of Fisheries Cooperatives (1) The Company borrowed ￦100,000 thousand from Suhyup Bank at August 19, 2019 with the original maturity of August 19, 2022. The borrowings bear an interest at 5.40 % per annum for 2019. At September 30, 2019 and, the balance for the borrowings was ￦97,222 thousand.		97,222			-
Loan from National Federation of Fisheries Cooperatives (1) The Company borrowed ￦124,000 thousand from Suhyup Bank at August 19, 2019 with the original maturity of August 19, 2022. The borrowings bear an interest at 4.40 % per annum for 2019. At September 30, 2019 and, the balance for the borrowings was ￦120,556 thousand		120,556			-
Total		764,208			674,760
Less: current portion		(334,637	)		(222,260	)
Total long-term debt less current portion	￦	429,571		￦	452,500