NORSHIP FINANCE AS

0377 OSLO

Finances

Return on Equity

11,26 %

Current Ratio

4,26

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 000	90 000	90 000	90 000
Net Income	34 000	182 000	308 000	553 000
Total Assets	544 000	803 000	1 100 000	829 000
Total Equity	302 000	268 000	86 000	−222 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 000	90 000	90 000	90 000
Expenditure	21 000	15 000	14 000	215 000
Operating Profit	69 000	75 000	76 000	−125 000
Financial Income	68 000	156 000	262 000	4 000
Financial Costs	87 000	44 000	30 000	−674 000
Financial Balance	−19 000	112 000	232 000	678 000
Earnings Before Tax	50 000	188 000	308 000	553 000
Tax	16 000	6 000	0	0
Net Income	34 000	182 000	308 000	553 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	284 000	586 000	780 000	425 000
Total Current Assets	260 000	217 000	320 000	405 000
Total Assets	544 000	803 000	1 100 000	829 000
Total Retained Equity	−48 000	−82 000	−264 000	−572 000
Total Equity	302 000	268 000	86 000	−222 000
Total Long-Term Debt	181 000	484 000	906 000	1 006 000
Total Current Debt	61 000	51 000	108 000	45 000
Total Equity and Debt	544 000	803 000	1 100 000	829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	90 000	90 000	90 000	90 000
Revenue	90 000	90 000	90 000	90 000
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	21 000	15 000	14 000	215 000
Operating Profit	69 000	75 000	76 000	−125 000
Financial Income	68 000	156 000	262 000	4 000
Financial Costs	87 000	44 000	30 000	−674 000
Financial Balance	−19 000	112 000	232 000	678 000
Dividends	0	0	0	0
Net Income	34 000	182 000	308 000	553 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	50 000	50 000	50 000	50 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	50 000	50 000	50 000	50 000
Total Fiancial Fixed Assets	234 000	536 000	730 000	375 000
Total Fixed Assets	284 000	586 000	780 000	425 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	226 000	182 000	285 000	370 000
Total Current Assets	260 000	217 000	320 000	405 000
Total Assets	544 000	803 000	1 100 000	829 000
Total Equity	302 000	268 000	86 000	−222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	181 000	484 000	906 000	1 006 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	45 000	45 000	108 000	45 000
Total Current Debt	61 000	51 000	108 000	45 000
Total Equity and Debt	544 000	803 000	1 100 000	829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,26 %	67,91 %	358,14 %	−249,1 %
Debt-to-Equity Ratio	0,6	1,81	10,53	−4,53
Operating Profit Margin	76,67 %	83,33 %	84,44 %	−138,89 %
Current Ratio	4,26	4,25	2,96	9
Quick Ratio	4,26	4,25	2,96	9
Equity Ratio	0,56	0,33	0,08	−0,27
Gross Profit Margin	100 %	100 %	100 %	100 %