SPACE NORWAY SATCOM AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

41,7 %

Current Ratio

1,21

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	916 124 000	861 497 000	872 277 000	917 806 000
Net Income	275 603 000	256 328 000	313 592 000	305 826 000
Total Assets	2 417 020 000	2 316 858 000	2 705 362 000	3 071 627 000
Total Equity	660 866 000	811 346 000	977 584 000	1 084 611 000

Income (NOK)	2022	2021	2020	2019
Revenue	916 124 000	861 497 000	872 277 000	917 806 000
Expenditure	550 864 000	524 008 000	−499 145 000	524 184 000
Operating Profit	365 260 000	337 489 000	372 969 000	393 622 000
Financial Income	87 653 000	46 120 000	198 007 000	43 120 000
Financial Costs	99 515 000	53 177 000	−93 175 000	44 631 000
Financial Balance	−11 862 000	−7 057 000	291 182 000	−1 511 000
Earnings Before Tax	353 399 000	330 432 000	402 055 000	392 111 000
Tax	77 796 000	74 105 000	−88 463 000	86 284 000
Net Income	275 603 000	256 328 000	313 592 000	305 826 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 545 543 000	1 818 597 000	1 973 556 000	2 252 549 000
Total Current Assets	871 478 000	498 260 000	731 806 000	819 078 000
Total Assets	2 417 020 000	2 316 858 000	2 705 362 000	3 071 627 000
Total Retained Equity	194 877 000	345 357 000	511 595 000	618 622 000
Total Equity	660 866 000	811 346 000	977 584 000	1 084 611 000
Total Long-Term Debt	1 034 935 000	828 362 000	1 091 388 000	1 377 989 000
Total Current Debt	721 220 000	677 149 000	636 390 000	609 028 000
Total Equity and Debt	2 417 020 000	2 316 858 000	2 705 362 000	3 071 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	916 124 000	861 497 000	839 106 000	917 806 000
Other Income	0	0	33 171 000	0
Revenue	916 124 000	861 497 000	872 277 000	917 806 000
Cost of Goods Sold	41 764 000	31 459 000	−33 312 000	33 014 000
Salary Costs	145 294 000	146 101 000	−136 103 000	144 726 000
Depreciation	275 809 000	270 111 000	−253 802 000	263 464 000
Impairment	0	0	0	0
Expenditure	550 864 000	524 008 000	−499 145 000	524 184 000
Operating Profit	365 260 000	337 489 000	372 969 000	393 622 000
Financial Income	87 653 000	46 120 000	198 007 000	43 120 000
Financial Costs	99 515 000	53 177 000	−93 175 000	44 631 000
Financial Balance	−11 862 000	−7 057 000	291 182 000	−1 511 000
Dividends	0	0	0	0
Net Income	275 603 000	256 328 000	313 592 000	305 826 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 544 000	3 211 000	5 183 000	6 980 000
Real Eastate	1 267 773 000	1 468 926 000	40 240 000	45 496 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 636 839 000	1 863 457 000
Total Tangible Assets	1 426 131 000	1 634 697 000	1 677 078 000	1 908 953 000
Total Fiancial Fixed Assets	117 868 000	180 689 000	291 295 000	336 616 000
Total Fixed Assets	1 545 543 000	1 818 597 000	1 973 556 000	2 252 549 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	871 478 000	498 260 000	731 806 000	819 078 000
Total Assets	2 417 020 000	2 316 858 000	2 705 362 000	3 071 627 000
Total Equity	660 866 000	811 346 000	977 584 000	1 084 611 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 034 935 000	828 362 000	1 091 388 000	1 377 989 000
Creditors	24 506 000	22 583 000	13 358 000	21 436 000
Unpaid Taxes	23 532 000	22 904 000	24 192 000	4 858 000
Dividends	0	0	0	0
Other Current Debt	673 183 000	631 662 000	598 841 000	582 734 000
Total Current Debt	721 220 000	677 149 000	636 390 000	609 028 000
Total Equity and Debt	2 417 020 000	2 316 858 000	2 705 362 000	3 071 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,7 %	31,59 %	32,08 %	28,2 %
Debt-to-Equity Ratio	1,57	1,02	1,12	1,27
Operating Profit Margin	39,87 %	39,17 %	42,76 %	42,89 %
Current Ratio	1,21	0,74	1,15	1,34
Quick Ratio	1,21	0,74	1,15	1,34
Equity Ratio	0,27	0,35	0,36	0,35
Gross Profit Margin	95,44 %	96,35 %	103,82 %	96,4 %