NORSEA LOGISTICS AS

4056 TANANGER

Finances

Return on Equity

23,53 %

Current Ratio

1,98

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 100 721 000	1 010 147 000	127 183 000	29 049 000
Net Income	122 313 000	423 203 000	−16 761 000	−6 567 000
Total Assets	840 169 000	936 929 000	439 248 000	420 375 000
Total Equity	519 913 000	589 138 000	247 924 000	250 644 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 100 721 000	1 010 147 000	127 183 000	29 049 000
Expenditure	951 412 000	922 757 000	142 470 000	35 667 000
Operating Profit	149 309 000	87 390 000	−15 287 000	−6 618 000
Financial Income	11 182 000	402 381 000	15 353 000	1 977 000
Financial Costs	4 182 000	48 027 000	20 665 000	4 062 000
Financial Balance	7 000 000	354 354 000	−5 312 000	−2 085 000
Earnings Before Tax	156 309 000	441 744 000	−20 599 000	−8 703 000
Tax	33 996 000	18 541 000	−3 838 000	−2 136 000
Net Income	122 313 000	423 203 000	−16 761 000	−6 567 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	235 315 000	346 266 000	376 181 000	392 222 000
Total Current Assets	604 854 000	590 663 000	63 067 000	28 153 000
Total Assets	840 169 000	936 929 000	439 248 000	420 375 000
Total Retained Equity	280 294 000	349 519 000	16 519 000	19 239 000
Total Equity	519 913 000	589 138 000	247 924 000	250 644 000
Total Long-Term Debt	14 723 000	60 377 000	0	0
Total Current Debt	305 533 000	287 414 000	191 324 000	169 731 000
Total Equity and Debt	840 169 000	936 929 000	439 248 000	420 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 040 116 000	937 862 000	127 183 000	29 049 000
Other Income	60 605 000	72 285 000	0	0
Revenue	1 100 721 000	1 010 147 000	127 183 000	29 049 000
Cost of Goods Sold	341 354 000	373 016 000	106 196 000	12 953 000
Salary Costs	432 271 000	407 067 000	23 358 000	14 278 000
Depreciation	27 485 000	31 754 000	586 000	803 000
Impairment	0	0	0	0
Expenditure	951 412 000	922 757 000	142 470 000	35 667 000
Operating Profit	149 309 000	87 390 000	−15 287 000	−6 618 000
Financial Income	11 182 000	402 381 000	15 353 000	1 977 000
Financial Costs	4 182 000	48 027 000	20 665 000	4 062 000
Financial Balance	7 000 000	354 354 000	−5 312 000	−2 085 000
Dividends	0	0	0	0
Net Income	122 313 000	423 203 000	−16 761 000	−6 567 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 707 000	13 975 000	284 000	145 000
Real Eastate	103 678 000	117 618 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	79 721 000	63 173 000	959 000	1 545 000
Total Tangible Assets	183 399 000	180 791 000	959 000	1 545 000
Total Fiancial Fixed Assets	47 209 000	151 500 000	374 938 000	390 532 000
Total Fixed Assets	235 315 000	346 266 000	376 181 000	392 222 000
Stock	0	1 288 000	111 000	0
Total Investments	0	0	0	0
Cash, Bank	21 000	12 000	0	0
Total Current Assets	604 854 000	590 663 000	63 067 000	28 153 000
Total Assets	840 169 000	936 929 000	439 248 000	420 375 000
Total Equity	519 913 000	589 138 000	247 924 000	250 644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 723 000	60 377 000	0	0
Creditors	89 030 000	79 828 000	21 758 000	13 105 000
Unpaid Taxes	32 552 000	43 181 000	3 339 000	0
Dividends	0	0	0	0
Other Current Debt	71 868 000	103 249 000	165 965 000	156 626 000
Total Current Debt	305 533 000	287 414 000	191 324 000	169 731 000
Total Equity and Debt	840 169 000	936 929 000	439 248 000	420 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,53 %	71,83 %	−6,76 %	−2,62 %
Debt-to-Equity Ratio	0,03	0,1	0	0
Operating Profit Margin	13,56 %	8,65 %	−12,02 %	−22,78 %
Current Ratio	1,98	2,06	0,33	0,17
Quick Ratio	1,98	2,06	0,33	0,17
Equity Ratio	0,62	0,63	0,56	0,6
Gross Profit Margin	68,99 %	63,07 %	16,5 %	55,41 %