NORPIPE OIL AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

18,53 %

Current Ratio

0,88

Debt-to-Equity Ratio

3,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	253 586 000	237 295 000	245 372 000	237 650 000
Net Income	20 064 000	27 590 000	25 138 000	26 850 000
Total Assets	606 193 000	592 503 000	546 596 000	554 395 000
Total Equity	108 252 000	113 188 000	115 598 000	90 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	253 586 000	237 295 000	245 372 000	237 650 000
Expenditure	133 523 000	124 077 000	130 195 000	119 632 000
Operating Profit	120 063 000	113 218 000	115 177 000	118 018 000
Financial Income	669 000	212 000	−378 000	1 123 000
Financial Costs	599 000	110 000	386 000	592 000
Financial Balance	70 000	102 000	−764 000	531 000
Earnings Before Tax	120 133 000	113 320 000	114 413 000	118 549 000
Tax	100 069 000	85 730 000	89 275 000	91 699 000
Net Income	20 064 000	27 590 000	25 138 000	26 850 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	526 591 000	474 685 000	473 025 000	488 339 000
Total Current Assets	79 602 000	117 818 000	73 571 000	66 056 000
Total Assets	606 193 000	592 503 000	546 596 000	554 395 000
Total Retained Equity	98 167 000	103 103 000	105 513 000	80 375 000
Total Equity	108 252 000	113 188 000	115 598 000	90 460 000
Total Long-Term Debt	407 636 000	386 856 000	386 531 000	396 145 000
Total Current Debt	90 305 000	92 459 000	44 467 000	67 790 000
Total Equity and Debt	606 193 000	592 503 000	546 596 000	554 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	253 586 000	237 295 000	245 372 000	237 650 000
Revenue	253 586 000	237 295 000	245 372 000	237 650 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	18 235 000	18 170 000	18 178 000	17 729 000
Impairment	0	0	0	0
Expenditure	133 523 000	124 077 000	130 195 000	119 632 000
Operating Profit	120 063 000	113 218 000	115 177 000	118 018 000
Financial Income	669 000	212 000	−378 000	1 123 000
Financial Costs	599 000	110 000	386 000	592 000
Financial Balance	70 000	102 000	−764 000	531 000
Dividends	25 000 000	30 000 000	0	0
Net Income	20 064 000	27 590 000	25 138 000	26 850 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	526 591 000	474 685 000	473 025 000	488 339 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	526 591 000	474 685 000	473 025 000	488 339 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	526 591 000	474 685 000	473 025 000	488 339 000
Stock	3 040 000	1 893 000	2 098 000	1 513 000
Total Investments	0	0	0	0
Cash, Bank	53 281 000	89 836 000	42 771 000	45 855 000
Total Current Assets	79 602 000	117 818 000	73 571 000	66 056 000
Total Assets	606 193 000	592 503 000	546 596 000	554 395 000
Total Equity	108 252 000	113 188 000	115 598 000	90 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	407 636 000	386 856 000	386 531 000	396 145 000
Creditors	51 448 000	22 412 000	24 444 000	14 986 000
Unpaid Taxes	0	0	0	0
Dividends	25 000 000	30 000 000	0	0
Other Current Debt	13 857 000	23 881 000	20 023 000	24 126 000
Total Current Debt	90 305 000	92 459 000	44 467 000	67 790 000
Total Equity and Debt	606 193 000	592 503 000	546 596 000	554 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,53 %	24,38 %	21,75 %	29,68 %
Debt-to-Equity Ratio	3,77	3,42	3,34	4,38
Operating Profit Margin	47,35 %	47,71 %	46,94 %	49,66 %
Current Ratio	0,88	1,27	1,65	0,97
Quick Ratio	0,91	1,3	1,74	1
Equity Ratio	0,18	0,19	0,21	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %