NORTH SEA MARITIME AS

5252 SØREIDGREND

Finances

Share Ownership

Return on Equity

−36,16 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 204 000	3 653 000	426 000
Net Income	−64 000	191 000	127 000
Total Assets	1 653 000	481 000	298 000
Total Equity	177 000	264 000	157 000

Income (NOK)	2022	2021	2020
Revenue	1 204 000	3 653 000	426 000
Expenditure	1 260 000	3 383 000	263 000
Operating Profit	−57 000	271 000	163 000
Financial Income	10 000	0	0
Financial Costs	18 000	17 000	0
Financial Balance	−8 000	−17 000	0
Earnings Before Tax	−64 000	254 000	163 000
Tax	−1 000	63 000	36 000
Net Income	−64 000	191 000	127 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 000	29 000	0
Total Current Assets	1 646 000	451 000	298 000
Total Assets	1 653 000	481 000	298 000
Total Retained Equity	147 000	234 000	127 000
Total Equity	177 000	264 000	157 000
Total Long-Term Debt	0	1 000	0
Total Current Debt	1 476 000	216 000	141 000
Total Equity and Debt	1 653 000	481 000	298 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 216 000	3 653 000	426 000
Other Income	−13 000	0	0
Revenue	1 204 000	3 653 000	426 000
Cost of Goods Sold	279 000	2 867 000	238 000
Salary Costs	342 000	67 000	0
Depreciation	4 000	3 000	0
Impairment	0	0	0
Expenditure	1 260 000	3 383 000	263 000
Operating Profit	−57 000	271 000	163 000
Financial Income	10 000	0	0
Financial Costs	18 000	17 000	0
Financial Balance	−8 000	−17 000	0
Dividends	60 000	84 000	0
Net Income	−64 000	191 000	127 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	6 000	29 000	0
Total Tangible Assets	6 000	29 000	0
Total Fiancial Fixed Assets	0	1 000	0
Total Fixed Assets	6 000	29 000	0
Stock	1 078 000	0	0
Total Investments	0	0	0
Cash, Bank	29 000	70 000	275 000
Total Current Assets	1 646 000	451 000	298 000
Total Assets	1 653 000	481 000	298 000
Total Equity	177 000	264 000	157 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	0
Creditors	72 000	101 000	0
Unpaid Taxes	92 000	42 000	105 000
Dividends	60 000	84 000	0
Other Current Debt	1 312 000	10 000	0
Total Current Debt	1 476 000	216 000	141 000
Total Equity and Debt	1 653 000	481 000	298 000

Financial indicators	2022	2021	2020
Return on Equity	−36,16 %	72,35 %	80,89 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−4,73 %	7,42 %	38,26 %
Current Ratio	1,12	2,09	2,11
Quick Ratio	4,14	2,09	2,11
Equity Ratio	0,11	0,55	0,53
Gross Profit Margin	76,83 %	21,52 %	44,13 %