NORSE PAPER AS

0164 OSLO

Finances

Return on Equity

−23,31 %

Current Ratio

45,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	13 214 000	24 644 000	19 475 000
Net Income	−4 209 000	−724 000	−2 503 000	−1 401 000
Total Assets	18 466 000	28 223 000	49 721 000	43 879 000
Total Equity	18 057 000	22 266 000	22 990 000	25 493 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	13 214 000	24 644 000	19 475 000
Expenditure	5 451 000	15 404 000	26 828 000	22 400 000
Operating Profit	−5 451 000	−2 189 000	−2 183 000	−2 925 000
Financial Income	1 841 000	3 504 000	3 112 000	3 032 000
Financial Costs	599 000	2 038 000	3 432 000	1 508 000
Financial Balance	1 242 000	1 466 000	−320 000	1 524 000
Earnings Before Tax	−4 209 000	−724 000	−2 503 000	−1 401 000
Tax	0	0	0	0
Net Income	−4 209 000	−724 000	−2 503 000	−1 401 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	18 466 000	28 223 000	49 721 000	43 879 000
Total Assets	18 466 000	28 223 000	49 721 000	43 879 000
Total Retained Equity	16 557 000	20 766 000	21 490 000	23 993 000
Total Equity	18 057 000	22 266 000	22 990 000	25 493 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	409 000	5 957 000	26 731 000	18 386 000
Total Equity and Debt	18 466 000	28 223 000	49 721 000	43 879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	13 214 000	24 644 000	19 475 000
Other Income	0	0	0	0
Revenue	0	13 214 000	24 644 000	19 475 000
Cost of Goods Sold	0	12 616 000	23 107 000	18 945 000
Salary Costs	0	0	8 000	−450 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 451 000	15 404 000	26 828 000	22 400 000
Operating Profit	−5 451 000	−2 189 000	−2 183 000	−2 925 000
Financial Income	1 841 000	3 504 000	3 112 000	3 032 000
Financial Costs	599 000	2 038 000	3 432 000	1 508 000
Financial Balance	1 242 000	1 466 000	−320 000	1 524 000
Dividends	0	0	0	0
Net Income	−4 209 000	−724 000	−2 503 000	−1 401 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	2 000	2 000	2 343 000	2 000
Cash, Bank	1 422 000	641 000	10 686 000	4 262 000
Total Current Assets	18 466 000	28 223 000	49 721 000	43 879 000
Total Assets	18 466 000	28 223 000	49 721 000	43 879 000
Total Equity	18 057 000	22 266 000	22 990 000	25 493 000
Short-Term Group Debt	172 000	173 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	277 000	1 341 000	2 831 000
Unpaid Taxes	0	0	23 000	3 000
Dividends	0	0	0	0
Other Current Debt	237 000	309 000	142 000	192 000
Total Current Debt	409 000	5 957 000	26 731 000	18 386 000
Total Equity and Debt	18 466 000	28 223 000	49 721 000	43 879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,31 %	−3,25 %	−10,89 %	−5,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−16,57 %	−8,86 %	−15,02 %
Current Ratio	45,15	4,74	1,86	2,39
Quick Ratio	45,15	4,74	1,86	2,39
Equity Ratio	0,98	0,79	0,46	0,58
Gross Profit Margin	-	4,53 %	6,24 %	2,72 %