NORTH SEA GAS AS

0250 OSLO

Finances

Share Ownership

Return on Equity

39,9 %

Current Ratio

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 054 000	46 700 000	27 346 000	21 226 000
Net Income	32 769 000	1 130 000	8 494 000	6 046 000
Total Assets	85 252 000	114 376 000	118 837 000	122 471 000
Total Equity	82 121 000	70 839 000	70 531 000	66 955 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 054 000	46 700 000	27 346 000	21 226 000
Expenditure	3 251 000	42 122 000	15 661 000	9 473 000
Operating Profit	36 803 000	4 579 000	11 685 000	11 754 000
Financial Income	704 000	804 000	1 111 000	109 000
Financial Costs	1 669 000	4 252 000	4 302 000	5 140 000
Financial Balance	−965 000	−3 448 000	−3 191 000	−5 031 000
Earnings Before Tax	35 838 000	1 130 000	8 494 000	6 723 000
Tax	3 068 000	0	0	0
Net Income	32 769 000	1 130 000	8 494 000	6 046 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	83 488 000	102 377 000	108 749 000	117 305 000
Total Current Assets	1 764 000	11 998 000	10 088 000	5 166 000
Total Assets	85 252 000	114 376 000	118 837 000	122 471 000
Total Retained Equity	55 083 000	22 426 000	22 119 000	13 314 000
Total Equity	82 121 000	70 839 000	70 531 000	66 955 000
Total Long-Term Debt	3 068 000	39 775 000	45 479 000	53 999 000
Total Current Debt	63 000	3 761 000	2 827 000	1 517 000
Total Equity and Debt	85 252 000	114 376 000	118 837 000	122 471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	930 000	11 622 000	22 305 000	0
Other Income	39 124 000	35 078 000	5 041 000	21 226 000
Revenue	40 054 000	46 700 000	27 346 000	21 226 000
Cost of Goods Sold	1 124 000	26 720 000	5 418 000	0
Salary Costs	40 000	59 000	57 000	61 000
Depreciation	658 000	8 892 000	8 556 000	8 556 000
Impairment	0	0	0	0
Expenditure	3 251 000	42 122 000	15 661 000	9 473 000
Operating Profit	36 803 000	4 579 000	11 685 000	11 754 000
Financial Income	704 000	804 000	1 111 000	109 000
Financial Costs	1 669 000	4 252 000	4 302 000	5 140 000
Financial Balance	−965 000	−3 448 000	−3 191 000	−5 031 000
Dividends	0	0	0	0
Net Income	32 769 000	1 130 000	8 494 000	6 046 000

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	0	0	0	0
Total Tangible Assets	0	102 377 000	108 749 000	117 305 000
Total Fiancial Fixed Assets	83 488 000	0	0	0
Total Fixed Assets	83 488 000	102 377 000	108 749 000	117 305 000
Stock	0	641 000	362 000	0
Total Investments	0	0	0	0
Cash, Bank	1 764 000	9 197 000	5 984 000	5 131 000
Total Current Assets	1 764 000	11 998 000	10 088 000	5 166 000
Total Assets	85 252 000	114 376 000	118 837 000	122 471 000
Total Equity	82 121 000	70 839 000	70 531 000	66 955 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 068 000	39 775 000	45 479 000	53 999 000
Creditors	0	2 008 000	1 390 000	146 000
Unpaid Taxes	23 000	4 000	4 000	6 000
Dividends	0	0	0	0
Other Current Debt	40 000	1 750 000	1 434 000	1 366 000
Total Current Debt	63 000	3 761 000	2 827 000	1 517 000
Total Equity and Debt	85 252 000	114 376 000	118 837 000	122 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,9 %	1,6 %	12,04 %	9,03 %
Debt-to-Equity Ratio	0,04	0,56	0,64	0,81
Operating Profit Margin	91,88 %	9,81 %	42,73 %	55,38 %
Current Ratio	28	3,19	3,57	3,41
Quick Ratio	28	3,85	4,09	3,41
Equity Ratio	0,96	0,62	0,59	0,55
Gross Profit Margin	97,19 %	42,78 %	80,19 %	100 %