NORTHSEA CAPITAL AS

0250 OSLO

Finances

Return on Equity

12,01 %

Current Ratio

2,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	709 000	1 644 000	931 000	375 000
Net Income	43 000	221 000	59 000	−46 000
Total Assets	576 000	677 000	296 000	168 000
Total Equity	358 000	315 000	93 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	709 000	1 644 000	931 000	375 000
Expenditure	654 000	1 360 000	868 000	421 000
Operating Profit	55 000	284 000	63 000	−45 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	55 000	284 000	63 000	−46 000
Tax	12 000	62 000	4 000	0
Net Income	43 000	221 000	59 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	576 000	677 000	296 000	168 000
Total Assets	576 000	677 000	296 000	168 000
Total Retained Equity	333 000	290 000	69 000	10 000
Total Equity	358 000	315 000	93 000	34 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	219 000	362 000	202 000	134 000
Total Equity and Debt	576 000	677 000	296 000	168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	709 000	1 644 000	931 000	375 000
Other Income	0	0	0	0
Revenue	709 000	1 644 000	931 000	375 000
Cost of Goods Sold	494 000	1 328 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	654 000	1 360 000	868 000	421 000
Operating Profit	55 000	284 000	63 000	−45 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	43 000	221 000	59 000	−46 000

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	0	0	0	0
Total Investments	219 000	216 000	41 000	0
Cash, Bank	1 000	78 000	53 000	0
Total Current Assets	576 000	677 000	296 000	168 000
Total Assets	576 000	677 000	296 000	168 000
Total Equity	358 000	315 000	93 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	204 000	255 000	185 000	70 000
Unpaid Taxes	2 000	45 000	13 000	64 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	219 000	362 000	202 000	134 000
Total Equity and Debt	576 000	677 000	296 000	168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,01 %	70,16 %	63,44 %	−135,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,76 %	17,27 %	6,77 %	−12 %
Current Ratio	2,63	1,87	1,47	1,25
Quick Ratio	2,63	1,87	1,47	1,25
Equity Ratio	0,62	0,47	0,31	0,2
Gross Profit Margin	30,32 %	19,22 %	100 %	100 %