NORFRA SHIPPING AS

5072 BERGEN

Finances

Return on Equity

1,08 %

Current Ratio

317,08

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 161 000	25 149 000	27 661 000	25 701 000
Net Income	52 860 000	197 891 000	33 858 000	88 139 000
Total Assets	4 995 950 000	3 449 662 000	3 256 451 000	3 235 991 000
Total Equity	4 888 748 000	3 412 242 000	3 214 351 000	3 180 493 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 161 000	25 149 000	27 661 000	25 701 000
Expenditure	11 668 000	11 447 000	5 627 000	6 066 000
Operating Profit	16 493 000	13 703 000	22 035 000	19 587 000
Financial Income	19 545 000	8 912 000	−20 580 000	5 466 000
Financial Costs	−18 314 000	−176 123 000	−33 286 000	−64 574 000
Financial Balance	37 859 000	185 035 000	12 706 000	70 040 000
Earnings Before Tax	54 352 000	198 737 000	34 741 000	89 628 000
Tax	1 493 000	846 000	882 000	1 489 000
Net Income	52 860 000	197 891 000	33 858 000	88 139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 894 482 000	3 119 658 000	3 025 961 000	3 031 542 000
Total Current Assets	101 467 000	330 004 000	230 489 000	204 449 000
Total Assets	4 995 950 000	3 449 662 000	3 256 451 000	3 235 991 000
Total Retained Equity	43 766 000	353 575 000	155 683 000	121 825 000
Total Equity	4 888 748 000	3 412 242 000	3 214 351 000	3 180 493 000
Total Long-Term Debt	106 882 000	0	0	42 943 000
Total Current Debt	320 000	37 420 000	42 100 000	12 556 000
Total Equity and Debt	4 995 950 000	3 449 662 000	3 256 451 000	3 235 991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 161 000	25 149 000	27 661 000	25 701 000
Other Income	0	0	0	0
Revenue	28 161 000	25 149 000	27 661 000	25 701 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	11 490 000	11 351 000	5 581 000	5 386 000
Impairment	0	0	0	0
Expenditure	11 668 000	11 447 000	5 627 000	6 066 000
Operating Profit	16 493 000	13 703 000	22 035 000	19 587 000
Financial Income	19 545 000	8 912 000	−20 580 000	5 466 000
Financial Costs	−18 314 000	−176 123 000	−33 286 000	−64 574 000
Financial Balance	37 859 000	185 035 000	12 706 000	70 040 000
Dividends	0	0	0	0
Net Income	52 860 000	197 891 000	33 858 000	88 139 000

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	0	0
Total Tangible Assets	62 752 000	74 242 000	85 505 000	91 086 000
Total Fiancial Fixed Assets	4 831 730 000	3 045 416 000	2 940 456 000	2 940 456 000
Total Fixed Assets	4 894 482 000	3 119 658 000	3 025 961 000	3 031 542 000
Stock	0	0	0	0
Total Investments	0	0	0	40 742 000
Cash, Bank	0	0	0	163 707 000
Total Current Assets	101 467 000	330 004 000	230 489 000	204 449 000
Total Assets	4 995 950 000	3 449 662 000	3 256 451 000	3 235 991 000
Total Equity	4 888 748 000	3 412 242 000	3 214 351 000	3 180 493 000
Short-Term Group Debt	119 000	96 000	126 000	9 000
Total Long-Term Debt	106 882 000	0	0	42 943 000
Creditors	0	0	19 000	0
Unpaid Taxes	0	0	0	12 468 000
Dividends	0	0	0	0
Other Current Debt	201 000	35 000	34 000	79 000
Total Current Debt	320 000	37 420 000	42 100 000	12 556 000
Total Equity and Debt	4 995 950 000	3 449 662 000	3 256 451 000	3 235 991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,08 %	5,8 %	1,05 %	2,77 %
Debt-to-Equity Ratio	0,02	0	0	0,01
Operating Profit Margin	58,57 %	54,49 %	79,66 %	76,21 %
Current Ratio	317,08	8,82	5,47	16,28
Quick Ratio	317,08	8,82	5,47	16,28
Equity Ratio	0,98	0,99	0,99	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %