THE NORTHCAPE EXPERIENCE AS

9763 SKARSVÅG

Finances

Share Ownership

Return on Equity

96,45 %

Current Ratio

2,48

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 322 000	1 018 000	1 184 000	2 804 000
Net Income	923 000	59 000	−140 000	149 000
Total Assets	1 824 000	1 251 000	1 244 000	2 627 000
Total Equity	957 000	33 000	−26 000	115 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 322 000	1 018 000	1 184 000	2 804 000
Expenditure	2 074 000	920 000	1 329 000	2 526 000
Operating Profit	1 248 000	98 000	−145 000	279 000
Financial Income	0	1 000	3 000	1 000
Financial Costs	28 000	24 000	38 000	63 000
Financial Balance	−28 000	−23 000	−35 000	−62 000
Earnings Before Tax	1 220 000	75 000	−180 000	217 000
Tax	297 000	17 000	−40 000	68 000
Net Income	923 000	59 000	−140 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	557 000	949 000	1 158 000	1 800 000
Total Current Assets	1 267 000	302 000	86 000	826 000
Total Assets	1 824 000	1 251 000	1 244 000	2 627 000
Total Retained Equity	927 000	3 000	−56 000	85 000
Total Equity	957 000	33 000	−26 000	115 000
Total Long-Term Debt	356 000	767 000	535 000	1 621 000
Total Current Debt	511 000	451 000	734 000	891 000
Total Equity and Debt	1 824 000	1 251 000	1 244 000	2 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 258 000	787 000	997 000	2 744 000
Other Income	65 000	231 000	187 000	60 000
Revenue	3 322 000	1 018 000	1 184 000	2 804 000
Cost of Goods Sold	235 000	59 000	68 000	373 000
Salary Costs	575 000	28 000	138 000	547 000
Depreciation	217 000	209 000	310 000	374 000
Impairment	0	0	0	0
Expenditure	2 074 000	920 000	1 329 000	2 526 000
Operating Profit	1 248 000	98 000	−145 000	279 000
Financial Income	0	1 000	3 000	1 000
Financial Costs	28 000	24 000	38 000	63 000
Financial Balance	−28 000	−23 000	−35 000	−62 000
Dividends	0	0	0	0
Net Income	923 000	59 000	−140 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	466 000	309 000	327 000	346 000
Machinery and Plant Facilities	6 000	0	0	0
Fixtures	25 000	161 000	264 000	1 140 000
Total Tangible Assets	497 000	889 000	1 098 000	1 800 000
Total Fiancial Fixed Assets	60 000	60 000	60 000	0
Total Fixed Assets	557 000	949 000	1 158 000	1 800 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	682 000	302 000	73 000	454 000
Total Current Assets	1 267 000	302 000	86 000	826 000
Total Assets	1 824 000	1 251 000	1 244 000	2 627 000
Total Equity	957 000	33 000	−26 000	115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	356 000	767 000	535 000	1 621 000
Creditors	−1 000	5 000	41 000	0
Unpaid Taxes	177 000	3 000	0	28 000
Dividends	0	0	0	0
Other Current Debt	33 000	426 000	693 000	859 000
Total Current Debt	511 000	451 000	734 000	891 000
Total Equity and Debt	1 824 000	1 251 000	1 244 000	2 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,45 %	178,79 %	538,46 %	129,57 %
Debt-to-Equity Ratio	0,37	23,24	−20,58	14,1
Operating Profit Margin	37,57 %	9,63 %	−12,25 %	9,95 %
Current Ratio	2,48	0,67	0,12	0,93
Quick Ratio	2,48	0,67	0,12	0,93
Equity Ratio	0,52	0,03	−0,02	0,04
Gross Profit Margin	92,93 %	94,2 %	94,26 %	86,7 %