NORTHSEA IT AS

5008 BERGEN

Finances

Return on Equity

14,63 %

Current Ratio

69,02

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 187 000	1 950 000	2 583 000	300 000
Net Income	1 958 000	1 850 000	2 667 000	−3 822 000
Total Assets	13 805 000	11 782 000	9 858 000	7 130 000
Total Equity	13 383 000	11 425 000	9 575 000	6 907 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 187 000	1 950 000	2 583 000	300 000
Expenditure	1 259 000	1 285 000	1 292 000	1 372 000
Operating Profit	−71 000	665 000	1 290 000	−1 072 000
Financial Income	3 128 000	1 992 000	2 347 000	1 693 000
Financial Costs	872 000	666 000	898 000	4 443 000
Financial Balance	2 256 000	1 326 000	1 449 000	−2 750 000
Earnings Before Tax	2 185 000	1 990 000	2 740 000	−3 822 000
Tax	227 000	140 000	72 000	0
Net Income	1 958 000	1 850 000	2 667 000	−3 822 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	346 000	355 000	302 000	280 000
Total Current Assets	13 459 000	11 427 000	9 555 000	6 850 000
Total Assets	13 805 000	11 782 000	9 858 000	7 130 000
Total Retained Equity	13 283 000	11 325 000	9 475 000	6 807 000
Total Equity	13 383 000	11 425 000	9 575 000	6 907 000
Total Long-Term Debt	227 000	0	0	0
Total Current Debt	195 000	357 000	283 000	223 000
Total Equity and Debt	13 805 000	11 782 000	9 858 000	7 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 187 000	1 950 000	2 583 000	300 000
Other Income	0	0	0	0
Revenue	1 187 000	1 950 000	2 583 000	300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	966 000	1 030 000	1 024 000	1 036 000
Depreciation	9 000	9 000	5 000	0
Impairment	0	0	0	0
Expenditure	1 259 000	1 285 000	1 292 000	1 372 000
Operating Profit	−71 000	665 000	1 290 000	−1 072 000
Financial Income	3 128 000	1 992 000	2 347 000	1 693 000
Financial Costs	872 000	666 000	898 000	4 443 000
Financial Balance	2 256 000	1 326 000	1 449 000	−2 750 000
Dividends	0	0	0	0
Net Income	1 958 000	1 850 000	2 667 000	−3 822 000

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	4 000	13 000	22 000	0
Total Tangible Assets	4 000	13 000	22 000	0
Total Fiancial Fixed Assets	342 000	342 000	280 000	280 000
Total Fixed Assets	346 000	355 000	302 000	280 000
Stock	0	0	0	0
Total Investments	11 290 000	8 502 000	6 129 000	5 604 000
Cash, Bank	2 112 000	2 875 000	3 364 000	984 000
Total Current Assets	13 459 000	11 427 000	9 555 000	6 850 000
Total Assets	13 805 000	11 782 000	9 858 000	7 130 000
Total Equity	13 383 000	11 425 000	9 575 000	6 907 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	227 000	0	0	0
Creditors	15 000	13 000	13 000	11 000
Unpaid Taxes	59 000	75 000	68 000	82 000
Dividends	0	0	0	0
Other Current Debt	121 000	128 000	130 000	129 000
Total Current Debt	195 000	357 000	283 000	223 000
Total Equity and Debt	13 805 000	11 782 000	9 858 000	7 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,63 %	16,19 %	27,85 %	−55,34 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	−5,98 %	34,1 %	49,94 %	−357,33 %
Current Ratio	69,02	32,01	33,76	30,72
Quick Ratio	69,02	32,01	33,76	30,72
Equity Ratio	0,97	0,97	0,97	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %