NOR BALTIC BULK AS

8006 BODØ

Finances

Share Ownership

Return on Equity

34,61 %

Current Ratio

0,54

Debt-to-Equity Ratio

−7,6

Key figures (NOK)	2022	2021	2020
Revenue	16 454 000	14 103 000	8 474 000
Net Income	−996 000	1 383 000	−4 242 000
Total Assets	21 395 000	23 189 000	26 381 000
Total Equity	−2 878 000	−1 882 000	−3 265 000

Income (NOK)	2022	2021	2020
Revenue	16 454 000	14 103 000	8 474 000
Expenditure	16 632 000	11 726 000	12 391 000
Operating Profit	−179 000	2 376 000	−3 916 000
Financial Income	54 000	40 000	73 000
Financial Costs	788 000	929 000	889 000
Financial Balance	−734 000	−889 000	−816 000
Earnings Before Tax	−913 000	1 488 000	−4 732 000
Tax	83 000	104 000	−490 000
Net Income	−996 000	1 383 000	−4 242 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	20 104 000	20 476 000	23 118 000
Total Current Assets	1 292 000	2 713 000	3 263 000
Total Assets	21 395 000	23 189 000	26 381 000
Total Retained Equity	−2 908 000	−1 912 000	−3 295 000
Total Equity	−2 878 000	−1 882 000	−3 265 000
Total Long-Term Debt	21 884 000	24 550 000	28 263 000
Total Current Debt	2 390 000	521 000	1 383 000
Total Equity and Debt	21 395 000	23 189 000	26 381 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	16 454 000	14 103 000	8 474 000
Revenue	16 454 000	14 103 000	8 474 000
Cost of Goods Sold	13 810 000	9 014 000	9 656 000
Salary Costs	0	0	0
Depreciation	2 661 000	2 642 000	2 642 000
Impairment	0	0	0
Expenditure	16 632 000	11 726 000	12 391 000
Operating Profit	−179 000	2 376 000	−3 916 000
Financial Income	54 000	40 000	73 000
Financial Costs	788 000	929 000	889 000
Financial Balance	−734 000	−889 000	−816 000
Dividends	0	0	0
Net Income	−996 000	1 383 000	−4 242 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	20 104 000	20 476 000	23 118 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	20 104 000	20 476 000	23 118 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	330 000	269 000	112 000
Total Current Assets	1 292 000	2 713 000	3 263 000
Total Assets	21 395 000	23 189 000	26 381 000
Total Equity	−2 878 000	−1 882 000	−3 265 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	21 884 000	24 550 000	28 263 000
Creditors	1 499 000	0	1 383 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	807 000	416 000	0
Total Current Debt	2 390 000	521 000	1 383 000
Total Equity and Debt	21 395 000	23 189 000	26 381 000

Financial indicators	2022	2021	2020
Return on Equity	34,61 %	−73,49 %	129,92 %
Debt-to-Equity Ratio	−7,6	−13,04	−8,66
Operating Profit Margin	−1,09 %	16,85 %	−46,21 %
Current Ratio	0,54	5,21	2,36
Quick Ratio	0,54	5,21	2,36
Equity Ratio	−0,13	−0,08	−0,12
Gross Profit Margin	16,07 %	36,08 %	−13,95 %