NORWEGIAN MINING AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

262,83 %

Current Ratio

0,22

Debt-to-Equity Ratio

−0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	229 000	669 000	84 000	129 000
Net Income	−1 393 000	242 000	0	0
Total Assets	2 259 000	2 563 000	513 000	856 000
Total Equity	−530 000	863 000	620 000	620 000

Income (NOK)	2022	2021	2020	2019
Revenue	229 000	669 000	84 000	129 000
Expenditure	1 370 000	453 000	83 000	129 000
Operating Profit	−1 140 000	216 000	1 000	0
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	0	0
Financial Balance	−2 000	−3 000	0	0
Earnings Before Tax	−1 141 000	213 000	0	0
Tax	251 000	−29 000	0	0
Net Income	−1 393 000	242 000	0	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 692 000	2 038 000	0	0
Total Current Assets	567 000	525 000	513 000	856 000
Total Assets	2 259 000	2 563 000	513 000	856 000
Total Retained Equity	−1 230 000	163 000	−80 000	−80 000
Total Equity	−530 000	863 000	620 000	620 000
Total Long-Term Debt	222 000	0	0	0
Total Current Debt	2 567 000	1 700 000	−107 000	237 000
Total Equity and Debt	2 259 000	2 563 000	513 000	856 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 000	25 000	79 000	94 000
Other Income	184 000	644 000	5 000	35 000
Revenue	229 000	669 000	84 000	129 000
Cost of Goods Sold	0	83 000	0	0
Salary Costs	0	0	0	0
Depreciation	516 000	267 000	0	0
Impairment	0	0	0	0
Expenditure	1 370 000	453 000	83 000	129 000
Operating Profit	−1 140 000	216 000	1 000	0
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	0	0
Financial Balance	−2 000	−3 000	0	0
Dividends	0	0	0	0
Net Income	−1 393 000	242 000	0	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	29 000	0	0
Real Eastate	0	2 008 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 692 000	0	0	0
Total Tangible Assets	1 692 000	2 008 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 692 000	2 038 000	0	0
Stock	0	0	83 000	83 000
Total Investments	0	0	0	0
Cash, Bank	221 000	215 000	94 000	327 000
Total Current Assets	567 000	525 000	513 000	856 000
Total Assets	2 259 000	2 563 000	513 000	856 000
Total Equity	−530 000	863 000	620 000	620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	222 000	0	0	0
Creditors	0	8 000	0	0
Unpaid Taxes	0	0	0	19 000
Dividends	0	0	0	0
Other Current Debt	2 567 000	1 692 000	−107 000	218 000
Total Current Debt	2 567 000	1 700 000	−107 000	237 000
Total Equity and Debt	2 259 000	2 563 000	513 000	856 000

Financial indicators	2022	2021	2020	2019
Return on Equity	262,83 %	28,04 %	0 %	0 %
Debt-to-Equity Ratio	−0,42	0	0	0
Operating Profit Margin	−497,82 %	32,29 %	1,19 %	0 %
Current Ratio	0,22	0,31	−4,79	3,61
Quick Ratio	0,22	0,31	−2,7	5,56
Equity Ratio	−0,23	0,34	1,21	0,72
Gross Profit Margin	100 %	87,59 %	100 %	100 %