NORSE MINERALS AS

0690 OSLO

Finances

Share Ownership

Return on Equity

−6,26 %

Current Ratio

0,63

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−181 000	−161 000	−176 000	−157 000
Total Assets	3 620 000	3 354 000	2 914 000	2 887 000
Total Equity	2 893 000	2 738 000	2 313 000	2 408 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	284 000	206 000	226 000	202 000
Operating Profit	−284 000	−206 000	−226 000	−202 000
Financial Income	40 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	40 000	0	0	0
Earnings Before Tax	−244 000	−206 000	−226 000	−202 000
Tax	−62 000	−45 000	−50 000	−44 000
Net Income	−181 000	−161 000	−176 000	−157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 264 000	3 206 000	2 905 000	2 859 000
Total Current Assets	356 000	149 000	9 000	28 000
Total Assets	3 620 000	3 354 000	2 914 000	2 887 000
Total Retained Equity	−4 384 000	−4 203 000	−4 625 000	−4 530 000
Total Equity	2 893 000	2 738 000	2 313 000	2 408 000
Total Long-Term Debt	158 000	158 000	158 000	158 000
Total Current Debt	569 000	459 000	443 000	321 000
Total Equity and Debt	3 620 000	3 354 000	2 914 000	2 887 000

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	114 000	0	0	0
Depreciation	4 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	284 000	206 000	226 000	202 000
Operating Profit	−284 000	−206 000	−226 000	−202 000
Financial Income	40 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	40 000	0	0	0
Dividends	0	0	0	0
Net Income	−181 000	−161 000	−176 000	−157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 128 000	2 066 000	2 020 000	1 971 000
Real Eastate	1 135 000	1 135 000	876 000	876 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	5 000	9 000	12 000
Total Tangible Assets	1 136 000	1 140 000	884 000	888 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 264 000	3 206 000	2 905 000	2 859 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	356 000	149 000	1 000	21 000
Total Current Assets	356 000	149 000	9 000	28 000
Total Assets	3 620 000	3 354 000	2 914 000	2 887 000
Total Equity	2 893 000	2 738 000	2 313 000	2 408 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	158 000	158 000	158 000	158 000
Creditors	0	5 000	3 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	569 000	454 000	440 000	317 000
Total Current Debt	569 000	459 000	443 000	321 000
Total Equity and Debt	3 620 000	3 354 000	2 914 000	2 887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,26 %	−5,88 %	−7,61 %	−6,52 %
Debt-to-Equity Ratio	0,05	0,06	0,07	0,07
Operating Profit Margin	-	-	-	-
Current Ratio	0,63	0,32	0,02	0,09
Quick Ratio	0,63	0,32	0,02	0,09
Equity Ratio	0,8	0,82	0,79	0,83
Gross Profit Margin	-	-	-	-