NORSK SPESIALOLJE AS

0370 OSLO

Finances

Share Ownership

Return on Equity

−13,08 %

Current Ratio

0,94

Debt-to-Equity Ratio

2,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 319 000	108 815 000	118 854 000	144 235 000
Net Income	−9 969 000	−12 709 000	−12 712 000	−5 460 000
Total Assets	290 062 000	294 569 000	301 317 000	316 222 000
Total Equity	76 208 000	70 740 000	82 474 000	94 297 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 319 000	108 815 000	118 854 000	144 235 000
Expenditure	145 175 000	118 226 000	120 098 000	149 069 000
Operating Profit	−5 136 000	−10 943 000	−10 274 000	−2 525 000
Financial Income	494 000	224 000	223 000	194 000
Financial Costs	8 125 000	5 573 000	6 015 000	−4 470 000
Financial Balance	−7 631 000	−5 349 000	−5 792 000	4 664 000
Earnings Before Tax	−12 767 000	−16 292 000	−16 289 000	−6 995 000
Tax	−2 798 000	−3 583 000	−3 577 000	−1 535 000
Net Income	−9 969 000	−12 709 000	−12 712 000	−5 460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	261 118 000	268 641 000	277 935 000	280 080 000
Total Current Assets	28 944 000	25 928 000	23 382 000	36 143 000
Total Assets	290 062 000	294 569 000	301 317 000	316 222 000
Total Retained Equity	11 057 000	21 026 000	33 735 000	46 447 000
Total Equity	76 208 000	70 740 000	82 474 000	94 297 000
Total Long-Term Debt	182 992 000	202 523 000	195 396 000	190 996 000
Total Current Debt	30 862 000	21 306 000	19 952 000	30 929 000
Total Equity and Debt	290 062 000	294 569 000	301 317 000	316 222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 319 000	107 088 000	116 329 000	144 235 000
Other Income	0	1 727 000	2 525 000	0
Revenue	137 319 000	108 815 000	118 854 000	144 235 000
Cost of Goods Sold	49 777 000	36 138 000	40 424 000	75 306 000
Salary Costs	25 410 000	23 039 000	22 425 000	25 425 000
Depreciation	20 269 000	20 224 000	20 416 000	17 851 000
Impairment	0	0	0	0
Expenditure	145 175 000	118 226 000	120 098 000	149 069 000
Operating Profit	−5 136 000	−10 943 000	−10 274 000	−2 525 000
Financial Income	494 000	224 000	223 000	194 000
Financial Costs	8 125 000	5 573 000	6 015 000	−4 470 000
Financial Balance	−7 631 000	−5 349 000	−5 792 000	4 664 000
Dividends	0	0	0	0
Net Income	−9 969 000	−12 709 000	−12 712 000	−5 460 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	398 000	0	0	0
Real Eastate	16 569 000	16 569 000	16 569 000	0
Machinery and Plant Facilities	231 070 000	236 173 000	252 331 000	267 192 000
Fixtures	1 558 000	1 926 000	1 703 000	1 901 000
Total Tangible Assets	260 720 000	268 641 000	277 935 000	280 080 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	261 118 000	268 641 000	277 935 000	280 080 000
Stock	3 481 000	761 000	2 292 000	11 322 000
Total Investments	0	0	0	0
Cash, Bank	976 000	920 000	954 000	1 168 000
Total Current Assets	28 944 000	25 928 000	23 382 000	36 143 000
Total Assets	290 062 000	294 569 000	301 317 000	316 222 000
Total Equity	76 208 000	70 740 000	82 474 000	94 297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	182 992 000	202 523 000	195 396 000	190 996 000
Creditors	10 197 000	7 434 000	6 798 000	8 000 000
Unpaid Taxes	2 600 000	1 445 000	2 131 000	1 392 000
Dividends	0	0	0	0
Other Current Debt	7 427 000	10 327 000	7 554 000	8 130 000
Total Current Debt	30 862 000	21 306 000	19 952 000	30 929 000
Total Equity and Debt	290 062 000	294 569 000	301 317 000	316 222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,08 %	−17,97 %	−15,41 %	−5,79 %
Debt-to-Equity Ratio	2,4	2,86	2,37	2,03
Operating Profit Margin	−3,74 %	−10,06 %	−8,64 %	−1,75 %
Current Ratio	0,94	1,22	1,17	1,17
Quick Ratio	1,06	1,26	1,32	1,84
Equity Ratio	0,26	0,24	0,27	0,3
Gross Profit Margin	63,75 %	66,79 %	65,99 %	47,79 %