NOBLE REACHER OPERATIONS AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

9,8 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 139 000	164 980 000	282 890 000	371 927 000
Net Income	2 992 000	4 057 000	10 022 000	28 181 000
Total Assets	57 407 000	168 423 000	47 989 000	99 861 000
Total Equity	30 516 000	27 525 000	23 468 000	29 446 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 139 000	164 980 000	282 890 000	371 927 000
Expenditure	89 764 000	159 736 000	273 341 000	335 257 000
Operating Profit	−625 000	5 244 000	9 550 000	36 670 000
Financial Income	5 097 000	134 000	3 883 000	1 857 000
Financial Costs	637 000	177 000	568 000	2 398 000
Financial Balance	4 460 000	−43 000	3 315 000	−541 000
Earnings Before Tax	3 835 000	5 201 000	12 865 000	36 130 000
Tax	844 000	1 144 000	2 842 000	7 949 000
Net Income	2 992 000	4 057 000	10 022 000	28 181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	57 407 000	168 423 000	47 989 000	99 861 000
Total Assets	57 407 000	168 423 000	47 989 000	99 861 000
Total Retained Equity	30 416 000	27 425 000	23 368 000	29 346 000
Total Equity	30 516 000	27 525 000	23 468 000	29 446 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	26 890 000	140 899 000	24 521 000	70 416 000
Total Equity and Debt	57 407 000	168 423 000	47 989 000	99 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 130 000	125 055 000	275 817 000	366 418 000
Other Income	31 008 000	39 925 000	7 073 000	5 509 000
Revenue	89 139 000	164 980 000	282 890 000	371 927 000
Cost of Goods Sold	0	0	0	0
Salary Costs	35 595 000	64 651 000	53 429 000	85 130 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	89 764 000	159 736 000	273 341 000	335 257 000
Operating Profit	−625 000	5 244 000	9 550 000	36 670 000
Financial Income	5 097 000	134 000	3 883 000	1 857 000
Financial Costs	637 000	177 000	568 000	2 398 000
Financial Balance	4 460 000	−43 000	3 315 000	−541 000
Dividends	0	0	16 000 000	0
Net Income	2 992 000	4 057 000	10 022 000	28 181 000

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	0	0	0	0
Cash, Bank	15 000	1 896 000	13 000	772 000
Total Current Assets	57 407 000	168 423 000	47 989 000	99 861 000
Total Assets	57 407 000	168 423 000	47 989 000	99 861 000
Total Equity	30 516 000	27 525 000	23 468 000	29 446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	24 003 000	25 939 000	80 000	46 213 000
Unpaid Taxes	0	0	0	1 075 000
Dividends	0	0	16 000 000	0
Other Current Debt	2 043 000	113 816 000	5 599 000	15 178 000
Total Current Debt	26 890 000	140 899 000	24 521 000	70 416 000
Total Equity and Debt	57 407 000	168 423 000	47 989 000	99 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,8 %	14,74 %	42,7 %	95,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,7 %	3,18 %	3,38 %	9,86 %
Current Ratio	2,13	1,2	1,96	1,42
Quick Ratio	2,13	1,2	1,96	1,42
Equity Ratio	0,53	0,16	0,49	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %