NORWAY STEEL GROUP AS

3725 SKIEN

Finances

Return on Equity

−0,74 %

Current Ratio

2,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−103 000	1 792 000	1 729 000	4 055 000
Total Assets	18 246 000	18 743 000	18 438 000	15 314 000
Total Equity	13 915 000	14 018 000	12 226 000	10 997 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	107 000	94 000	95 000	113 000
Operating Profit	−107 000	−94 000	−95 000	−113 000
Financial Income	4 000	2 000 000	1 862 000	4 502 000
Financial Costs	0	114 000	38 000	101 000
Financial Balance	4 000	1 886 000	1 824 000	4 401 000
Earnings Before Tax	−103 000	1 792 000	1 729 000	4 288 000
Tax	0	0	0	232 000
Net Income	−103 000	1 792 000	1 729 000	4 055 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 599 000	6 352 000	8 505 000	13 915 000
Total Current Assets	11 647 000	12 391 000	9 933 000	1 399 000
Total Assets	18 246 000	18 743 000	18 438 000	15 314 000
Total Retained Equity	9 445 000	9 548 000	7 756 000	6 527 000
Total Equity	13 915 000	14 018 000	12 226 000	10 997 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 331 000	4 726 000	6 213 000	4 317 000
Total Equity and Debt	18 246 000	18 743 000	18 438 000	15 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	107 000	94 000	95 000	113 000
Operating Profit	−107 000	−94 000	−95 000	−113 000
Financial Income	4 000	2 000 000	1 862 000	4 502 000
Financial Costs	0	114 000	38 000	101 000
Financial Balance	4 000	1 886 000	1 824 000	4 401 000
Dividends	0	0	500 000	1 200 000
Net Income	−103 000	1 792 000	1 729 000	4 055 000

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	6 599 000	6 352 000	8 505 000	13 915 000
Total Fixed Assets	6 599 000	6 352 000	8 505 000	13 915 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	717 000	272 000	857 000	247 000
Total Current Assets	11 647 000	12 391 000	9 933 000	1 399 000
Total Assets	18 246 000	18 743 000	18 438 000	15 314 000
Total Equity	13 915 000	14 018 000	12 226 000	10 997 000
Short-Term Group Debt	4 329 000	4 724 000	5 712 000	3 117 000
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	500 000	1 200 000
Other Current Debt	0	0	0	0
Total Current Debt	4 331 000	4 726 000	6 213 000	4 317 000
Total Equity and Debt	18 246 000	18 743 000	18 438 000	15 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,74 %	12,78 %	14,14 %	36,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,69	2,62	1,6	0,32
Quick Ratio	2,69	2,62	1,6	0,32
Equity Ratio	0,76	0,75	0,66	0,72
Gross Profit Margin	-	-	-	-