STORE NORSKE SPITSBERGEN GRUBEKOMPANI AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

−11,7 %

Current Ratio

2,26

Debt-to-Equity Ratio

−1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 603 000	160 000	893 000	2 940 000
Net Income	16 718 000	204 388 000	398 647 000	308 183 000
Total Assets	140 606 000	143 384 000	187 017 000	306 402 000
Total Equity	−142 871 000	−596 451 000	−1 314 565 000	−1 969 320 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 603 000	160 000	893 000	2 940 000
Expenditure	−4 238 000	−196 933 000	−397 076 000	−300 000 000
Operating Profit	5 841 000	197 093 000	397 969 000	302 940 000
Financial Income	2 787 000	682 000	931 000	2 575 000
Financial Costs	87 000	15 000	252 000	176 000
Financial Balance	2 700 000	667 000	679 000	2 399 000
Earnings Before Tax	8 542 000	197 760 000	398 647 000	305 339 000
Tax	−8 176 000	−6 628 000	0	−2 844 000
Net Income	16 718 000	204 388 000	398 647 000	308 183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 425 000	0	0	0
Total Current Assets	99 181 000	143 384 000	187 017 000	306 402 000
Total Assets	140 606 000	143 384 000	187 017 000	306 402 000
Total Retained Equity	−487 229 000	−720 077 000	−1 324 565 000	−1 979 320 000
Total Equity	−142 871 000	−596 451 000	−1 314 565 000	−1 969 320 000
Total Long-Term Debt	239 574 000	645 817 000	1 221 340 000	1 960 390 000
Total Current Debt	43 903 000	94 018 000	280 241 000	315 332 000
Total Equity and Debt	140 606 000	143 384 000	187 017 000	306 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 603 000	160 000	893 000	2 940 000
Revenue	1 603 000	160 000	893 000	2 940 000
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	−4 238 000	−196 933 000	−397 076 000	−300 000 000
Operating Profit	5 841 000	197 093 000	397 969 000	302 940 000
Financial Income	2 787 000	682 000	931 000	2 575 000
Financial Costs	87 000	15 000	252 000	176 000
Financial Balance	2 700 000	667 000	679 000	2 399 000
Dividends	0	0	0	0
Net Income	16 718 000	204 388 000	398 647 000	308 183 000

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	41 425 000	0	0	0
Total Fixed Assets	41 425 000	0	0	0
Stock	0	0	3 000	0
Total Investments	0	0	0	0
Cash, Bank	39 497 000	101 203 000	32 559 000	154 179 000
Total Current Assets	99 181 000	143 384 000	187 017 000	306 402 000
Total Assets	140 606 000	143 384 000	187 017 000	306 402 000
Total Equity	−142 871 000	−596 451 000	−1 314 565 000	−1 969 320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	239 574 000	645 817 000	1 221 340 000	1 960 390 000
Creditors	22 951 000	43 868 000	15 128 000	54 543 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 952 000	50 150 000	265 113 000	260 789 000
Total Current Debt	43 903 000	94 018 000	280 241 000	315 332 000
Total Equity and Debt	140 606 000	143 384 000	187 017 000	306 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,7 %	−34,27 %	−30,33 %	−15,65 %
Debt-to-Equity Ratio	−1,68	−1,08	−0,93	−1
Operating Profit Margin	364,38 %	123 183,13 %	44 565,4 %	10 304,08 %
Current Ratio	2,26	1,53	0,67	0,97
Quick Ratio	2,26	1,53	0,67	0,97
Equity Ratio	−1,02	−4,16	−7,03	−6,43
Gross Profit Margin	100 %	100 %	100 %	100 %