NORTH SEA GIANT II AS

5385 BAKKASUND

Finances

Share Ownership

Return on Equity

8,55 %

Current Ratio

3,68

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020
Revenue	168 693 000	0	0
Net Income	32 984 000	−12 000	0
Total Assets	697 255 000	984 000	996 000
Total Equity	385 968 000	984 000	996 000

Income (NOK)	2022	2021	2020
Revenue	168 693 000	0	0
Expenditure	123 078 000	17 000	3 000
Operating Profit	45 615 000	−17 000	−3 000
Financial Income	4 093 000	0	2 000
Financial Costs	16 135 000	0	0
Financial Balance	−12 042 000	0	2 000
Earnings Before Tax	33 573 000	−17 000	0
Tax	589 000	−5 000	0
Net Income	32 984 000	−12 000	0

Balance (NOK)	2022	2021	2020
Total Fixed Assets	626 022 000	5 000	0
Total Current Assets	71 234 000	979 000	996 000
Total Assets	697 255 000	984 000	996 000
Total Retained Equity	32 968 000	−16 000	−4 000
Total Equity	385 968 000	984 000	996 000
Total Long-Term Debt	291 950 000	0	0
Total Current Debt	19 338 000	0	0
Total Equity and Debt	697 255 000	984 000	996 000

Cash flow (NOK)	2022	2021	2020
Sales Income	168 693 000	0	0
Other Income	0	0	0
Revenue	168 693 000	0	0
Cost of Goods Sold	94 351 000	0	0
Salary Costs	0	0	0
Depreciation	17 347 000	0	0
Impairment	0	0	0
Expenditure	123 078 000	17 000	3 000
Operating Profit	45 615 000	−17 000	−3 000
Financial Income	4 093 000	0	2 000
Financial Costs	16 135 000	0	0
Financial Balance	−12 042 000	0	2 000
Dividends	0	0	0
Net Income	32 984 000	−12 000	0

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	5 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	626 022 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	626 022 000	5 000	0
Stock	4 895 000	0	0
Total Investments	0	0	0
Cash, Bank	6 491 000	979 000	996 000
Total Current Assets	71 234 000	979 000	996 000
Total Assets	697 255 000	984 000	996 000
Total Equity	385 968 000	984 000	996 000
Short-Term Group Debt	4 446 000	0	0
Total Long-Term Debt	291 950 000	0	0
Creditors	712 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	13 595 000	0	0
Total Current Debt	19 338 000	0	0
Total Equity and Debt	697 255 000	984 000	996 000

Financial indicators	2022	2021	2020
Return on Equity	8,55 %	−1,22 %	0 %
Debt-to-Equity Ratio	0,76	0	0
Operating Profit Margin	27,04 %	-	-
Current Ratio	3,68	-	-
Quick Ratio	4,93	-	-
Equity Ratio	0,55	1	1
Gross Profit Margin	44,07 %	-	-