NORSE BUNKER AS

1366 LYSAKER

Finances

Return on Equity

5,07 %

Current Ratio

0,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	319 075 000	61 128 000	167 073 000	349 946 000
Net Income	15 663 000	1 893 000	−7 475 000	729 000
Total Assets	627 914 000	507 457 000	233 247 000	225 337 000
Total Equity	308 920 000	33 392 000	39 487 000	23 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	319 075 000	61 128 000	167 073 000	349 946 000
Expenditure	309 653 000	55 229 000	157 793 000	346 210 000
Operating Profit	9 422 000	5 900 000	9 280 000	3 736 000
Financial Income	13 000	20 000	1 000	15 486 000
Financial Costs	10 524 000	5 706 000	7 750 000	19 897 000
Financial Balance	−10 511 000	−5 686 000	−7 749 000	−4 411 000
Earnings Before Tax	−1 088 000	214 000	1 531 000	−675 000
Tax	0	−1 679 000	9 005 000	−1 403 000
Net Income	15 663 000	1 893 000	−7 475 000	729 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	611 157 000	495 612 000	194 980 000	204 033 000
Total Current Assets	16 757 000	11 845 000	38 267 000	21 304 000
Total Assets	627 914 000	507 457 000	233 247 000	225 337 000
Total Retained Equity	0	−26 511 000	−20 416 000	−36 398 000
Total Equity	308 920 000	33 392 000	39 487 000	23 505 000
Total Long-Term Debt	0	162 789 000	152 959 000	35 000
Total Current Debt	318 994 000	311 276 000	40 801 000	201 798 000
Total Equity and Debt	627 914 000	507 457 000	233 247 000	225 337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	319 075 000	61 128 000	167 073 000	349 946 000
Other Income	0	0	0	0
Revenue	319 075 000	61 128 000	167 073 000	349 946 000
Cost of Goods Sold	288 715 000	40 304 000	141 168 000	327 988 000
Salary Costs	12 304 000	9 081 000	8 397 000	9 184 000
Depreciation	21 000	48 000	48 000	68 000
Impairment	0	0	0	0
Expenditure	309 653 000	55 229 000	157 793 000	346 210 000
Operating Profit	9 422 000	5 900 000	9 280 000	3 736 000
Financial Income	13 000	20 000	1 000	15 486 000
Financial Costs	10 524 000	5 706 000	7 750 000	19 897 000
Financial Balance	−10 511 000	−5 686 000	−7 749 000	−4 411 000
Dividends	0	0	0	0
Net Income	15 663 000	1 893 000	−7 475 000	729 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 387 000	6 636 000	4 957 000	13 962 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	68 000	0
Fixtures	0	21 000	0	116 000
Total Tangible Assets	0	21 000	68 000	116 000
Total Fiancial Fixed Assets	587 770 000	488 955 000	189 955 000	189 955 000
Total Fixed Assets	611 157 000	495 612 000	194 980 000	204 033 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 357 000	2 930 000	33 942 000	5 510 000
Total Current Assets	16 757 000	11 845 000	38 267 000	21 304 000
Total Assets	627 914 000	507 457 000	233 247 000	225 337 000
Total Equity	308 920 000	33 392 000	39 487 000	23 505 000
Short-Term Group Debt	314 403 000	300 595 000	35 039 000	193 323 000
Total Long-Term Debt	0	162 789 000	152 959 000	35 000
Creditors	757 000	8 377 000	2 877 000	4 776 000
Unpaid Taxes	533 000	524 000	441 000	701 000
Dividends	0	0	0	0
Other Current Debt	3 301 000	1 780 000	2 444 000	2 998 000
Total Current Debt	318 994 000	311 276 000	40 801 000	201 798 000
Total Equity and Debt	627 914 000	507 457 000	233 247 000	225 337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,07 %	5,67 %	−18,93 %	3,1 %
Debt-to-Equity Ratio	0	4,88	3,87	0
Operating Profit Margin	2,95 %	9,65 %	5,55 %	1,07 %
Current Ratio	0,05	0,04	0,94	0,11
Quick Ratio	0,05	0,04	0,94	0,11
Equity Ratio	0,49	0,07	0,17	0,1
Gross Profit Margin	9,52 %	34,07 %	15,51 %	6,27 %