NORTHSEEING AS

6518 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

53,71 %

Current Ratio

0,01

Debt-to-Equity Ratio

−10,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	202 000	87 000	0	0
Net Income	−94 000	−44 000	−42 000	−21 000
Total Assets	2 360 000	2 335 000	8 000	35 000
Total Equity	−175 000	−81 000	−37 000	5 000

Income (NOK)	2022	2021	2020	2019
Revenue	202 000	87 000	0	0
Expenditure	185 000	85 000	16 000	27 000
Operating Profit	17 000	1 000	−16 000	−27 000
Financial Income	0	0	0	0
Financial Costs	110 000	46 000	0	0
Financial Balance	−110 000	−46 000	0	0
Earnings Before Tax	−94 000	−44 000	−16 000	−27 000
Tax	0	0	27 000	−6 000
Net Income	−94 000	−44 000	−42 000	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 352 000	2 332 000	0	27 000
Total Current Assets	8 000	3 000	8 000	9 000
Total Assets	2 360 000	2 335 000	8 000	35 000
Total Retained Equity	−269 000	−176 000	−131 000	−89 000
Total Equity	−175 000	−81 000	−37 000	5 000
Total Long-Term Debt	1 808 000	1 857 000	0	0
Total Current Debt	727 000	560 000	45 000	30 000
Total Equity and Debt	2 360 000	2 335 000	8 000	35 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	202 000	87 000	0	0
Revenue	202 000	87 000	0	0
Cost of Goods Sold	27 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	185 000	85 000	16 000	27 000
Operating Profit	17 000	1 000	−16 000	−27 000
Financial Income	0	0	0	0
Financial Costs	110 000	46 000	0	0
Financial Balance	−110 000	−46 000	0	0
Dividends	0	0	0	0
Net Income	−94 000	−44 000	−42 000	−21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	27 000
Real Eastate	2 330 000	2 308 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	24 000	0	0
Total Tangible Assets	2 352 000	2 332 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 352 000	2 332 000	0	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	3 000	8 000	9 000
Total Current Assets	8 000	3 000	8 000	9 000
Total Assets	2 360 000	2 335 000	8 000	35 000
Total Equity	−175 000	−81 000	−37 000	5 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 808 000	1 857 000	0	0
Creditors	57 000	6 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	670 000	553 000	45 000	30 000
Total Current Debt	727 000	560 000	45 000	30 000
Total Equity and Debt	2 360 000	2 335 000	8 000	35 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,71 %	54,32 %	113,51 %	−420 %
Debt-to-Equity Ratio	−10,33	−22,93	−0	0
Operating Profit Margin	8,42 %	1,15 %	-	-
Current Ratio	0,01	0,01	0,18	0,3
Quick Ratio	0,01	0,01	0,18	0,3
Equity Ratio	−0,07	−0,03	−4,63	0,14
Gross Profit Margin	86,63 %	100 %	-	-