NORSEA POLARBASE AS

9610 RYPEFJORD

Finances

Return on Equity

53,19 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	211 104 000	249 403 000	225 365 000	201 553 000
Net Income	28 668 000	44 214 000	35 752 000	24 294 000
Total Assets	118 965 000	139 720 000	129 181 000	121 829 000
Total Equity	53 896 000	54 743 000	54 800 000	51 023 000

Income (NOK)	2022	2021	2020	2019
Revenue	211 104 000	249 403 000	225 365 000	201 553 000
Expenditure	177 095 000	194 693 000	185 389 000	170 682 000
Operating Profit	34 008 000	54 709 000	39 975 000	30 871 000
Financial Income	2 613 000	1 738 000	4 816 000	802 000
Financial Costs	280 000	174 000	214 000	544 000
Financial Balance	2 333 000	1 564 000	4 602 000	258 000
Earnings Before Tax	36 341 000	56 273 000	44 577 000	31 129 000
Tax	7 672 000	12 059 000	8 826 000	6 835 000
Net Income	28 668 000	44 214 000	35 752 000	24 294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 238 000	27 676 000	30 074 000	25 016 000
Total Current Assets	83 727 000	112 044 000	99 107 000	96 813 000
Total Assets	118 965 000	139 720 000	129 181 000	121 829 000
Total Retained Equity	53 426 000	54 273 000	54 330 000	50 553 000
Total Equity	53 896 000	54 743 000	54 800 000	51 023 000
Total Long-Term Debt	7 325 000	9 154 000	11 322 000	13 327 000
Total Current Debt	57 744 000	75 824 000	63 059 000	57 479 000
Total Equity and Debt	118 965 000	139 720 000	129 181 000	121 829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	126 762 000	161 716 000	140 935 000	120 669 000
Other Income	84 341 000	87 687 000	84 430 000	80 884 000
Revenue	211 104 000	249 403 000	225 365 000	201 553 000
Cost of Goods Sold	31 847 000	38 622 000	41 541 000	34 310 000
Salary Costs	50 150 000	53 177 000	46 743 000	41 636 000
Depreciation	3 613 000	3 971 000	4 124 000	4 232 000
Impairment	0	0	0	0
Expenditure	177 095 000	194 693 000	185 389 000	170 682 000
Operating Profit	34 008 000	54 709 000	39 975 000	30 871 000
Financial Income	2 613 000	1 738 000	4 816 000	802 000
Financial Costs	280 000	174 000	214 000	544 000
Financial Balance	2 333 000	1 564 000	4 602 000	258 000
Dividends	1 434 000	2 152 000	1 554 000	1 195 000
Net Income	28 668 000	44 214 000	35 752 000	24 294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	398 000	139 000	0	0
Real Eastate	727 000	0	0	0
Machinery and Plant Facilities	8 262 000	10 208 000	12 288 000	14 299 000
Fixtures	3 660 000	4 371 000	4 827 000	4 291 000
Total Tangible Assets	12 649 000	14 579 000	17 116 000	18 591 000
Total Fiancial Fixed Assets	22 190 000	12 958 000	12 958 000	6 426 000
Total Fixed Assets	35 238 000	27 676 000	30 074 000	25 016 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 493 000	85 523 000	66 279 000	67 049 000
Total Current Assets	83 727 000	112 044 000	99 107 000	96 813 000
Total Assets	118 965 000	139 720 000	129 181 000	121 829 000
Total Equity	53 896 000	54 743 000	54 800 000	51 023 000
Short-Term Group Debt	36 000 000	54 000 000	39 000 000	30 000 000
Total Long-Term Debt	7 325 000	9 154 000	11 322 000	13 327 000
Creditors	5 837 000	4 052 000	5 766 000	11 150 000
Unpaid Taxes	4 605 000	4 982 000	6 728 000	4 429 000
Dividends	1 434 000	2 152 000	1 554 000	1 195 000
Other Current Debt	9 855 000	9 978 000	9 583 000	10 347 000
Total Current Debt	57 744 000	75 824 000	63 059 000	57 479 000
Total Equity and Debt	118 965 000	139 720 000	129 181 000	121 829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,19 %	80,77 %	65,24 %	47,61 %
Debt-to-Equity Ratio	0,14	0,17	0,21	0,26
Operating Profit Margin	16,11 %	21,94 %	17,74 %	15,32 %
Current Ratio	1,45	1,48	1,57	1,68
Quick Ratio	1,45	1,48	1,57	1,68
Equity Ratio	0,45	0,39	0,42	0,42
Gross Profit Margin	84,91 %	84,51 %	81,57 %	82,98 %