Store Norske Spitsbergen Kulkompani AS

9170 LONGYEARBYEN

Finances

Return on Equity

110,99 %

Current Ratio

3,41

Debt-to-Equity Ratio

47,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	388 885 000	283 503 000	144 144 000	199 808 000
Net Income	38 236 000	−193 626 000	347 014 000	299 673 000
Total Assets	1 785 591 000	1 684 918 000	609 511 000	777 032 000
Total Equity	34 450 000	−418 338 000	−907 983 000	−1 500 206 000

Income (NOK)	2022	2021	2020	2019
Revenue	388 885 000	283 503 000	144 144 000	199 808 000
Expenditure	345 607 000	465 916 000	−195 539 000	−94 602 000
Operating Profit	43 278 000	−182 413 000	339 683 000	294 410 000
Financial Income	14 027 000	5 395 000	4 733 000	8 206 000
Financial Costs	22 721 000	9 328 000	7 663 000	7 331 000
Financial Balance	−8 694 000	−3 933 000	−2 930 000	875 000
Earnings Before Tax	34 584 000	−186 346 000	336 753 000	295 285 000
Tax	−3 652 000	7 280 000	−10 261 000	−4 388 000
Net Income	38 236 000	−193 626 000	347 014 000	299 673 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 366 150 000	1 275 241 000	353 998 000	366 378 000
Total Current Assets	419 441 000	409 677 000	255 513 000	410 654 000
Total Assets	1 785 591 000	1 684 918 000	609 511 000	777 032 000
Total Retained Equity	−342 659 000	−779 447 000	−950 913 000	−1 543 136 000
Total Equity	34 450 000	−418 338 000	−907 983 000	−1 500 206 000
Total Long-Term Debt	1 628 208 000	1 832 919 000	1 443 899 000	2 169 504 000
Total Current Debt	122 933 000	270 337 000	73 595 000	107 734 000
Total Equity and Debt	1 785 591 000	1 684 918 000	609 511 000	777 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 697 000	60 463 000	84 947 000	149 356 000
Other Income	284 188 000	223 040 000	59 197 000	50 452 000
Revenue	388 885 000	283 503 000	144 144 000	199 808 000
Cost of Goods Sold	95 406 000	140 134 000	76 932 000	40 694 000
Salary Costs	136 502 000	131 253 000	113 443 000	123 662 000
Depreciation	47 864 000	16 402 000	19 709 000	17 174 000
Impairment	0	0	0	0
Expenditure	345 607 000	465 916 000	−195 539 000	−94 602 000
Operating Profit	43 278 000	−182 413 000	339 683 000	294 410 000
Financial Income	14 027 000	5 395 000	4 733 000	8 206 000
Financial Costs	22 721 000	9 328 000	7 663 000	7 331 000
Financial Balance	−8 694 000	−3 933 000	−2 930 000	875 000
Dividends	0	0	0	0
Net Income	38 236 000	−193 626 000	347 014 000	299 673 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	920 000	17 885 000	8 479 000
Real Eastate	1 350 830 000	1 227 684 000	284 539 000	279 424 000
Machinery and Plant Facilities	0	34 494 000	39 535 000	65 307 000
Fixtures	2 835 000	2 330 000	3 547 000	5 533 000
Total Tangible Assets	1 353 665 000	1 264 508 000	327 621 000	350 264 000
Total Fiancial Fixed Assets	12 485 000	9 813 000	8 492 000	7 635 000
Total Fixed Assets	1 366 150 000	1 275 241 000	353 998 000	366 378 000
Stock	23 189 000	33 036 000	44 693 000	65 394 000
Total Investments	0	0	0	0
Cash, Bank	348 012 000	317 629 000	189 032 000	305 447 000
Total Current Assets	419 441 000	409 677 000	255 513 000	410 654 000
Total Assets	1 785 591 000	1 684 918 000	609 511 000	777 032 000
Total Equity	34 450 000	−418 338 000	−907 983 000	−1 500 206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 628 208 000	1 832 919 000	1 443 899 000	2 169 504 000
Creditors	61 173 000	73 042 000	56 053 000	89 492 000
Unpaid Taxes	4 113 000	3 952 000	3 459 000	3 414 000
Dividends	0	0	0	0
Other Current Debt	52 240 000	191 116 000	14 020 000	14 556 000
Total Current Debt	122 933 000	270 337 000	73 595 000	107 734 000
Total Equity and Debt	1 785 591 000	1 684 918 000	609 511 000	777 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,99 %	46,28 %	−38,22 %	−19,98 %
Debt-to-Equity Ratio	47,26	−4,38	−1,59	−1,45
Operating Profit Margin	11,13 %	−64,34 %	235,66 %	147,35 %
Current Ratio	3,41	1,52	3,47	3,81
Quick Ratio	4,21	1,73	8,84	9,7
Equity Ratio	0,02	−0,25	−1,49	−1,93
Gross Profit Margin	75,47 %	50,57 %	46,63 %	79,63 %