NORSEMAN AS

4015 STAVANGER

Finances

Return on Equity

−3,95 %

Current Ratio

22,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 000	0	0	9 000
Net Income	−274 000	363 000	381 000	906 000
Total Assets	7 193 000	7 251 000	6 897 000	6 516 000
Total Equity	6 945 000	7 219 000	6 873 000	6 492 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 000	0	0	9 000
Expenditure	352 000	108 000	79 000	117 000
Operating Profit	−265 000	−108 000	−79 000	−107 000
Financial Income	87 000	471 000	559 000	1 015 000
Financial Costs	96 000	0	99 000	2 000
Financial Balance	−9 000	471 000	460 000	1 013 000
Earnings Before Tax	−274 000	363 000	381 000	906 000
Tax	0	0	0	0
Net Income	−274 000	363 000	381 000	906 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 495 000	0	0	610 000
Total Current Assets	5 698 000	7 251 000	6 897 000	5 906 000
Total Assets	7 193 000	7 251 000	6 897 000	6 516 000
Total Retained Equity	6 845 000	7 119 000	6 773 000	6 392 000
Total Equity	6 945 000	7 219 000	6 873 000	6 492 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	248 000	33 000	23 000	24 000
Total Equity and Debt	7 193 000	7 251 000	6 897 000	6 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 000	0	0	9 000
Other Income	0	0	0	0
Revenue	87 000	0	0	9 000
Cost of Goods Sold	245 000	0	0	0
Salary Costs	10 000	0	0	1 000
Depreciation	0	0	0	9 000
Impairment	0	0	0	0
Expenditure	352 000	108 000	79 000	117 000
Operating Profit	−265 000	−108 000	−79 000	−107 000
Financial Income	87 000	471 000	559 000	1 015 000
Financial Costs	96 000	0	99 000	2 000
Financial Balance	−9 000	471 000	460 000	1 013 000
Dividends	0	17 000	0	0
Net Income	−274 000	363 000	381 000	906 000

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	1 495 000	0	0	610 000
Total Fixed Assets	1 495 000	0	0	610 000
Stock	0	245 000	245 000	245 000
Total Investments	5 242 000	6 131 000	5 845 000	5 519 000
Cash, Bank	242 000	597 000	672 000	137 000
Total Current Assets	5 698 000	7 251 000	6 897 000	5 906 000
Total Assets	7 193 000	7 251 000	6 897 000	6 516 000
Total Equity	6 945 000	7 219 000	6 873 000	6 492 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	9 000	9 000
Unpaid Taxes	0	0	0	1 000
Dividends	0	17 000	0	0
Other Current Debt	14 000	15 000	14 000	14 000
Total Current Debt	248 000	33 000	23 000	24 000
Total Equity and Debt	7 193 000	7 251 000	6 897 000	6 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,95 %	5,03 %	5,54 %	13,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−304,6 %	-	-	−1 188,89 %
Current Ratio	22,98	219,73	299,87	246,08
Quick Ratio	22,98	−34,2	−31,07	−26,72
Equity Ratio	0,97	1	1	1
Gross Profit Margin	−181,61 %	-	-	100 %