NORSK SJØSERVICE AS

6570 SMØLA

Finances

Return on Equity

−23,42 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 231 000	12 158 000	12 882 000	8 271 000
Net Income	−1 423 000	1 305 000	2 627 000	869 000
Total Assets	9 110 000	11 887 000	10 780 000	8 850 000
Total Equity	6 077 000	7 500 000	6 195 000	3 569 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 231 000	12 158 000	12 882 000	8 271 000
Expenditure	10 906 000	10 391 000	9 361 000	6 966 000
Operating Profit	−1 674 000	1 767 000	3 522 000	1 304 000
Financial Income	8 000	7 000	9 000	0
Financial Costs	158 000	102 000	163 000	191 000
Financial Balance	−150 000	−95 000	−154 000	−191 000
Earnings Before Tax	−1 823 000	1 673 000	3 368 000	1 113 000
Tax	−401 000	368 000	741 000	245 000
Net Income	−1 423 000	1 305 000	2 627 000	869 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 418 000	5 590 000	6 030 000	6 591 000
Total Current Assets	1 693 000	6 296 000	4 750 000	2 259 000
Total Assets	9 110 000	11 887 000	10 780 000	8 850 000
Total Retained Equity	5 927 000	7 350 000	6 045 000	3 419 000
Total Equity	6 077 000	7 500 000	6 195 000	3 569 000
Total Long-Term Debt	2 250 000	1 769 000	2 586 000	3 426 000
Total Current Debt	783 000	2 618 000	1 998 000	1 855 000
Total Equity and Debt	9 110 000	11 887 000	10 780 000	8 850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 231 000	11 883 000	12 882 000	8 266 000
Other Income	0	275 000	0	5 000
Revenue	9 231 000	12 158 000	12 882 000	8 271 000
Cost of Goods Sold	799 000	1 791 000	547 000	536 000
Salary Costs	6 219 000	4 670 000	5 127 000	3 377 000
Depreciation	568 000	571 000	526 000	679 000
Impairment	0	0	0	0
Expenditure	10 906 000	10 391 000	9 361 000	6 966 000
Operating Profit	−1 674 000	1 767 000	3 522 000	1 304 000
Financial Income	8 000	7 000	9 000	0
Financial Costs	158 000	102 000	163 000	191 000
Financial Balance	−150 000	−95 000	−154 000	−191 000
Dividends	0	0	0	0
Net Income	−1 423 000	1 305 000	2 627 000	869 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	27 000
Fixtures	543 000	382 000	481 000	366 000
Total Tangible Assets	5 303 000	5 534 000	6 030 000	6 591 000
Total Fiancial Fixed Assets	2 066 000	57 000	0	0
Total Fixed Assets	7 418 000	5 590 000	6 030 000	6 591 000
Stock	359 000	339 000	93 000	0
Total Investments	0	0	0	0
Cash, Bank	194 000	907 000	3 459 000	383 000
Total Current Assets	1 693 000	6 296 000	4 750 000	2 259 000
Total Assets	9 110 000	11 887 000	10 780 000	8 850 000
Total Equity	6 077 000	7 500 000	6 195 000	3 569 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 250 000	1 769 000	2 586 000	3 426 000
Creditors	226 000	1 759 000	617 000	1 195 000
Unpaid Taxes	286 000	424 000	702 000	271 000
Dividends	0	0	0	0
Other Current Debt	270 000	150 000	−2 000	284 000
Total Current Debt	783 000	2 618 000	1 998 000	1 855 000
Total Equity and Debt	9 110 000	11 887 000	10 780 000	8 850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,42 %	17,4 %	42,41 %	24,35 %
Debt-to-Equity Ratio	0,37	0,24	0,42	0,96
Operating Profit Margin	−18,13 %	14,53 %	27,34 %	15,77 %
Current Ratio	2,16	2,4	2,38	1,22
Quick Ratio	3,99	2,76	2,49	1,22
Equity Ratio	0,67	0,63	0,57	0,4
Gross Profit Margin	91,34 %	85,27 %	95,75 %	93,52 %