NORTH SEA PROPERTY AS

4077 HUNDVÅG

Finances

Return on Equity

−9,06 %

Current Ratio

0,48

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−390 000	−283 000	−546 000	−512 000
Total Assets	12 780 000	12 293 000	12 042 000	12 046 000
Total Equity	4 305 000	4 695 000	4 978 000	5 524 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	44 000	38 000	286 000	199 000
Operating Profit	−44 000	−38 000	−286 000	−198 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	350 000	250 000	265 000	319 000
Financial Balance	−345 000	−245 000	−260 000	−314 000
Earnings Before Tax	−390 000	−283 000	−546 000	−512 000
Tax	0	0	0	0
Net Income	−390 000	−283 000	−546 000	−512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 747 000	12 046 000	12 006 000	12 006 000
Total Current Assets	1 034 000	247 000	36 000	40 000
Total Assets	12 780 000	12 293 000	12 042 000	12 046 000
Total Retained Equity	203 000	249 000	532 000	1 078 000
Total Equity	4 305 000	4 695 000	4 978 000	5 524 000
Total Long-Term Debt	6 307 000	6 307 000	6 307 000	6 307 000
Total Current Debt	2 169 000	1 292 000	757 000	215 000
Total Equity and Debt	12 780 000	12 293 000	12 042 000	12 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	218 000	126 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	44 000	38 000	286 000	199 000
Operating Profit	−44 000	−38 000	−286 000	−198 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	350 000	250 000	265 000	319 000
Financial Balance	−345 000	−245 000	−260 000	−314 000
Dividends	0	0	0	0
Net Income	−390 000	−283 000	−546 000	−512 000

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	11 747 000	12 046 000	12 006 000	12 006 000
Total Fixed Assets	11 747 000	12 046 000	12 006 000	12 006 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	51 000	178 000	1 000	5 000
Total Current Assets	1 034 000	247 000	36 000	40 000
Total Assets	12 780 000	12 293 000	12 042 000	12 046 000
Total Equity	4 305 000	4 695 000	4 978 000	5 524 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 307 000	6 307 000	6 307 000	6 307 000
Creditors	0	0	0	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 169 000	1 292 000	757 000	205 000
Total Current Debt	2 169 000	1 292 000	757 000	215 000
Total Equity and Debt	12 780 000	12 293 000	12 042 000	12 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,06 %	−6,03 %	−10,97 %	−9,27 %
Debt-to-Equity Ratio	1,47	1,34	1,27	1,14
Operating Profit Margin	-	-	-	-
Current Ratio	0,48	0,19	0,05	0,19
Quick Ratio	0,48	0,19	0,05	0,19
Equity Ratio	0,34	0,38	0,41	0,46
Gross Profit Margin	-	-	-	-