NORTH SEA STONE INDUSTRY AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

11,1 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 609 000	12 215 000	10 315 000	10 592 000
Net Income	1 043 000	−20 000	−4 042 000	−3 438 000
Total Assets	12 847 000	12 556 000	14 287 000	21 014 000
Total Equity	9 397 000	8 354 000	8 373 000	12 416 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 609 000	12 215 000	10 315 000	10 592 000
Expenditure	9 004 000	8 345 000	9 107 000	13 441 000
Operating Profit	1 331 000	2 000	−5 062 000	−4 261 000
Financial Income	12 000	0	0	0
Financial Costs	3 000	24 000	120 000	144 000
Financial Balance	9 000	−24 000	−120 000	−144 000
Earnings Before Tax	1 340 000	−23 000	−5 182 000	−4 406 000
Tax	297 000	−3 000	−1 140 000	−968 000
Net Income	1 043 000	−20 000	−4 042 000	−3 438 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 288 000	5 044 000	5 653 000	5 575 000
Total Current Assets	6 559 000	7 512 000	8 634 000	15 439 000
Total Assets	12 847 000	12 556 000	14 287 000	21 014 000
Total Retained Equity	9 197 000	8 154 000	8 173 000	12 216 000
Total Equity	9 397 000	8 354 000	8 373 000	12 416 000
Total Long-Term Debt	269 000	256 000	0	764 000
Total Current Debt	3 181 000	3 946 000	5 913 000	7 834 000
Total Equity and Debt	12 847 000	12 556 000	14 287 000	21 014 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 004 000	9 968 000	9 172 000	10 208 000
Other Income	2 605 000	2 247 000	1 143 000	385 000
Revenue	10 609 000	12 215 000	10 315 000	10 592 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 015 000	1 745 000	2 468 000	3 799 000
Depreciation	703 000	1 080 000	1 105 000	1 197 000
Impairment	0	0	0	0
Expenditure	9 004 000	8 345 000	9 107 000	13 441 000
Operating Profit	1 331 000	2 000	−5 062 000	−4 261 000
Financial Income	12 000	0	0	0
Financial Costs	3 000	24 000	120 000	144 000
Financial Balance	9 000	−24 000	−120 000	−144 000
Dividends	0	0	0	0
Net Income	1 043 000	−20 000	−4 042 000	−3 438 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 129 000	2 426 000	2 423 000	1 283 000
Real Eastate	529 000	487 000	542 000	598 000
Machinery and Plant Facilities	3 398 000	1 442 000	2 414 000	3 340 000
Fixtures	231 000	287 000	274 000	354 000
Total Tangible Assets	4 158 000	2 617 000	3 230 000	4 292 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 288 000	5 044 000	5 653 000	5 575 000
Stock	3 396 000	3 670 000	7 538 000	13 808 000
Total Investments	0	0	0	0
Cash, Bank	1 655 000	1 758 000	160 000	152 000
Total Current Assets	6 559 000	7 512 000	8 634 000	15 439 000
Total Assets	12 847 000	12 556 000	14 287 000	21 014 000
Total Equity	9 397 000	8 354 000	8 373 000	12 416 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	269 000	256 000	0	764 000
Creditors	1 949 000	2 825 000	1 704 000	2 005 000
Unpaid Taxes	167 000	108 000	271 000	241 000
Dividends	0	0	0	0
Other Current Debt	1 065 000	1 013 000	2 875 000	1 159 000
Total Current Debt	3 181 000	3 946 000	5 913 000	7 834 000
Total Equity and Debt	12 847 000	12 556 000	14 287 000	21 014 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,1 %	−0,24 %	−48,27 %	−27,69 %
Debt-to-Equity Ratio	0,03	0,03	0	0,06
Operating Profit Margin	12,55 %	0,02 %	−49,07 %	−40,23 %
Current Ratio	2,06	1,9	1,46	1,97
Quick Ratio	−30,51	27,22	−5,31	−2,58
Equity Ratio	0,73	0,67	0,59	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %