NORSTAR AS

4033 STAVANGER

Finances

Return on Equity

0,39 %

Current Ratio

0,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−2 000	0	0	0
Net Income	14 000	20 534 000	10 453 000	39 326 000
Total Assets	132 364 000	141 686 000	142 867 000	156 508 000
Total Equity	3 556 000	43 332 000	34 202 000	65 183 000

Income (NOK)	2022	2021	2020	2019
Revenue	−2 000	0	0	0
Expenditure	12 170 000	2 300 000	2 678 000	2 407 000
Operating Profit	−12 172 000	−2 300 000	−2 678 000	−2 407 000
Financial Income	23 022 000	28 995 000	19 386 000	56 533 000
Financial Costs	7 693 000	2 667 000	3 042 000	11 764 000
Financial Balance	15 329 000	26 328 000	16 344 000	44 769 000
Earnings Before Tax	3 157 000	24 028 000	13 666 000	42 361 000
Tax	3 142 000	3 494 000	3 213 000	3 035 000
Net Income	14 000	20 534 000	10 453 000	39 326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 702 000	40 102 000	65 272 000	55 592 000
Total Current Assets	97 663 000	101 585 000	77 595 000	100 916 000
Total Assets	132 364 000	141 686 000	142 867 000	156 508 000
Total Retained Equity	0	36 793 000	27 663 000	58 644 000
Total Equity	3 556 000	43 332 000	34 202 000	65 183 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	128 808 000	98 354 000	108 664 000	91 326 000
Total Equity and Debt	132 364 000	141 686 000	142 867 000	156 508 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−2 000	0	0	0
Other Income	0	0	0	0
Revenue	−2 000	0	0	0
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	12 170 000	2 300 000	2 678 000	2 407 000
Operating Profit	−12 172 000	−2 300 000	−2 678 000	−2 407 000
Financial Income	23 022 000	28 995 000	19 386 000	56 533 000
Financial Costs	7 693 000	2 667 000	3 042 000	11 764 000
Financial Balance	15 329 000	26 328 000	16 344 000	44 769 000
Dividends	35 490 000	0	0	0
Net Income	14 000	20 534 000	10 453 000	39 326 000

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	34 702 000	40 102 000	65 272 000	55 592 000
Total Fixed Assets	34 702 000	40 102 000	65 272 000	55 592 000
Stock	0	0	0	0
Total Investments	35 163 000	35 829 000	40 293 000	0
Cash, Bank	1 398 000	21 256 000	850 000	67 295 000
Total Current Assets	97 663 000	101 585 000	77 595 000	100 916 000
Total Assets	132 364 000	141 686 000	142 867 000	156 508 000
Total Equity	3 556 000	43 332 000	34 202 000	65 183 000
Short-Term Group Debt	89 223 000	96 301 000	106 354 000	90 724 000
Total Long-Term Debt	0	0	0	0
Creditors	742 000	561 000	460 000	601 000
Unpaid Taxes	1 421 000	1 202 000	1 844 000	0
Dividends	35 490 000	0	0	0
Other Current Debt	3 000	13 000	7 000	0
Total Current Debt	128 808 000	98 354 000	108 664 000	91 326 000
Total Equity and Debt	132 364 000	141 686 000	142 867 000	156 508 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,39 %	47,39 %	30,56 %	60,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	608 600 %	-	-	-
Current Ratio	0,76	1,03	0,71	1,11
Quick Ratio	0,76	1,03	0,71	1,11
Equity Ratio	0,03	0,31	0,24	0,42
Gross Profit Margin	100 %	-	-	-