STORE NORSKE GRUVE 3 AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

79,36 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 596 000	3 904 000	2 727 000	3 484 000
Net Income	642 000	232 000	−398 000	−20 000
Total Assets	2 184 000	1 998 000	1 062 000	750 000
Total Equity	809 000	809 000	809 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 596 000	3 904 000	2 727 000	3 484 000
Expenditure	4 832 000	3 629 000	3 201 000	3 504 000
Operating Profit	764 000	275 000	−474 000	−20 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	1 000	0	0	−1 000
Earnings Before Tax	765 000	276 000	−474 000	−20 000
Tax	122 000	44 000	−76 000	−1 000
Net Income	642 000	232 000	−398 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 184 000	1 998 000	1 062 000	750 000
Total Assets	2 184 000	1 998 000	1 062 000	750 000
Total Retained Equity	−755 000	−755 000	−755 000	−357 000
Total Equity	809 000	809 000	809 000	9 000
Total Long-Term Debt	0	0	0	300 000
Total Current Debt	1 375 000	1 189 000	253 000	441 000
Total Equity and Debt	2 184 000	1 998 000	1 062 000	750 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 715 000	2 451 000	2 998 000	3 985 000
Other Income	881 000	1 453 000	−271 000	−501 000
Revenue	5 596 000	3 904 000	2 727 000	3 484 000
Cost of Goods Sold	699 000	333 000	12 000	0
Salary Costs	1 715 000	1 486 000	1 409 000	1 350 000
Depreciation	0	0	0	59 000
Impairment	0	0	0	0
Expenditure	4 832 000	3 629 000	3 201 000	3 504 000
Operating Profit	764 000	275 000	−474 000	−20 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	642 000	232 000	−398 000	−20 000

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	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	6 000	16 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 939 000	1 124 000	365 000	82 000
Total Current Assets	2 184 000	1 998 000	1 062 000	750 000
Total Assets	2 184 000	1 998 000	1 062 000	750 000
Total Equity	809 000	809 000	809 000	9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	300 000
Creditors	327 000	145 000	89 000	182 000
Unpaid Taxes	43 000	40 000	28 000	29 000
Dividends	0	0	0	0
Other Current Debt	1 006 000	1 004 000	136 000	229 000
Total Current Debt	1 375 000	1 189 000	253 000	441 000
Total Equity and Debt	2 184 000	1 998 000	1 062 000	750 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,36 %	28,68 %	−49,2 %	−222,22 %
Debt-to-Equity Ratio	0	0	0	33,33
Operating Profit Margin	13,65 %	7,04 %	−17,38 %	−0,57 %
Current Ratio	1,59	1,68	4,2	1,7
Quick Ratio	1,6	1,7	4,2	1,7
Equity Ratio	0,37	0,4	0,76	0,01
Gross Profit Margin	87,51 %	91,47 %	99,56 %	100 %