DET NORDNORSKE OLJESELSKAP AS

8480 ANDENES

Finances

Return on Equity

52,99 %

Current Ratio

0,94

Debt-to-Equity Ratio

−1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 000	53 000	60 000	85 000
Net Income	−71 000	−72 000	−70 000	−35 000
Total Assets	499 000	404 000	319 000	207 000
Total Equity	−134 000	−164 000	−92 000	−22 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 000	53 000	60 000	85 000
Expenditure	123 000	125 000	130 000	120 000
Operating Profit	−71 000	−72 000	−70 000	−35 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−71 000	−72 000	−70 000	−35 000
Tax	0	0	0	0
Net Income	−71 000	−72 000	−70 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	49 000	49 000	49 000
Total Current Assets	450 000	355 000	270 000	158 000
Total Assets	499 000	404 000	319 000	207 000
Total Retained Equity	−3 867 000	−3 796 000	−3 724 000	−3 654 000
Total Equity	−134 000	−164 000	−92 000	−22 000
Total Long-Term Debt	152 000	234 000	141 000	97 000
Total Current Debt	481 000	333 000	270 000	132 000
Total Equity and Debt	499 000	404 000	319 000	207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 000	53 000	60 000	85 000
Other Income	0	0	0	0
Revenue	53 000	53 000	60 000	85 000
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	123 000	125 000	130 000	120 000
Operating Profit	−71 000	−72 000	−70 000	−35 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−71 000	−72 000	−70 000	−35 000

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	49 000	49 000	49 000	49 000
Total Fixed Assets	49 000	49 000	49 000	49 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	9 000	10 000	5 000
Total Current Assets	450 000	355 000	270 000	158 000
Total Assets	499 000	404 000	319 000	207 000
Total Equity	−134 000	−164 000	−92 000	−22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	152 000	234 000	141 000	97 000
Creditors	448 000	300 000	221 000	124 000
Unpaid Taxes	0	0	15 000	0
Dividends	0	0	0	0
Other Current Debt	34 000	34 000	34 000	7 000
Total Current Debt	481 000	333 000	270 000	132 000
Total Equity and Debt	499 000	404 000	319 000	207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,99 %	43,9 %	76,09 %	159,09 %
Debt-to-Equity Ratio	−1,13	−1,43	−1,53	−4,41
Operating Profit Margin	−133,96 %	−135,85 %	−116,67 %	−41,18 %
Current Ratio	0,94	1,07	1	1,2
Quick Ratio	0,94	1,07	1	1,2
Equity Ratio	−0,27	−0,41	−0,29	−0,11
Gross Profit Margin	100 %	100 %	100 %	100 %