NORMAND CHARTERING AS

4280 SKUDENESHAVN

Finances

Share Ownership

Return on Equity

34,59 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 051 000	1 581 000	7 542 000	0
Net Income	745 000	1 143 000	976 000	−55 000
Total Assets	79 169 000	53 871 000	3 698 000	1 757 000
Total Equity	2 154 000	2 162 000	2 168 000	1 757 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 051 000	1 581 000	7 542 000	0
Expenditure	1 314 000	745 000	6 527 000	61 000
Operating Profit	737 000	837 000	1 016 000	−61 000
Financial Income	233 000	657 000	121 000	6 000
Financial Costs	13 000	26 000	1 000	0
Financial Balance	220 000	631 000	120 000	6 000
Earnings Before Tax	958 000	1 467 000	1 136 000	−55 000
Tax	212 000	324 000	159 000	0
Net Income	745 000	1 143 000	976 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	79 169 000	53 871 000	3 698 000	1 757 000
Total Assets	79 169 000	53 871 000	3 698 000	1 757 000
Total Retained Equity	1 204 000	1 212 000	1 218 000	807 000
Total Equity	2 154 000	2 162 000	2 168 000	1 757 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	77 015 000	51 709 000	1 530 000	0
Total Equity and Debt	79 169 000	53 871 000	3 698 000	1 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	7 542 000	0
Other Income	2 051 000	1 581 000	0	0
Revenue	2 051 000	1 581 000	7 542 000	0
Cost of Goods Sold	0	0	6 465 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 314 000	745 000	6 527 000	61 000
Operating Profit	737 000	837 000	1 016 000	−61 000
Financial Income	233 000	657 000	121 000	6 000
Financial Costs	13 000	26 000	1 000	0
Financial Balance	220 000	631 000	120 000	6 000
Dividends	0	0	0	0
Net Income	745 000	1 143 000	976 000	−55 000

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	2 050 000	1 814 000	2 344 000	0
Total Investments	0	0	0	0
Cash, Bank	13 001 000	8 480 000	970 000	893 000
Total Current Assets	79 169 000	53 871 000	3 698 000	1 757 000
Total Assets	79 169 000	53 871 000	3 698 000	1 757 000
Total Equity	2 154 000	2 162 000	2 168 000	1 757 000
Short-Term Group Debt	65 174 000	35 482 000	1 530 000	0
Total Long-Term Debt	0	0	0	0
Creditors	0	16 000	0	0
Unpaid Taxes	699 000	729 000	0	0
Dividends	0	0	0	0
Other Current Debt	10 089 000	14 365 000	0	0
Total Current Debt	77 015 000	51 709 000	1 530 000	0
Total Equity and Debt	79 169 000	53 871 000	3 698 000	1 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,59 %	52,87 %	45,02 %	−3,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,93 %	52,94 %	13,47 %	-
Current Ratio	1,03	1,04	2,42	-
Quick Ratio	1,06	1,08	−4,54	-
Equity Ratio	0,03	0,04	0,59	1
Gross Profit Margin	100 %	100 %	14,28 %	-