NORSK SATELLITTELEFON AS

3895 EDLAND

Finances

Share Ownership

Return on Equity

13,27 %

Current Ratio

4,89

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 534 000	3 363 000	3 959 000	3 936 000
Net Income	73 000	−455 000	−120 000	131 000
Total Assets	1 679 000	1 657 000	1 561 000	1 747 000
Total Equity	550 000	478 000	932 000	1 053 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 534 000	3 363 000	3 959 000	3 936 000
Expenditure	3 437 000	3 869 000	4 055 000	3 786 000
Operating Profit	97 000	−464 000	−95 000	149 000
Financial Income	7 000	26 000	10 000	9 000
Financial Costs	30 000	30 000	52 000	11 000
Financial Balance	−23 000	−4 000	−42 000	−2 000
Earnings Before Tax	73 000	−468 000	−137 000	148 000
Tax	0	−13 000	−16 000	16 000
Net Income	73 000	−455 000	−120 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	122 000	241 000	326 000
Total Current Assets	1 559 000	1 535 000	1 320 000	1 421 000
Total Assets	1 679 000	1 657 000	1 561 000	1 747 000
Total Retained Equity	444 000	372 000	826 000	947 000
Total Equity	550 000	478 000	932 000	1 053 000
Total Long-Term Debt	809 000	814 000	326 000	0
Total Current Debt	319 000	366 000	303 000	695 000
Total Equity and Debt	1 679 000	1 657 000	1 561 000	1 747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 518 000	3 307 000	3 959 000	3 915 000
Other Income	16 000	55 000	1 000	21 000
Revenue	3 534 000	3 363 000	3 959 000	3 936 000
Cost of Goods Sold	3 148 000	3 456 000	3 457 000	3 301 000
Salary Costs	1 000	103 000	230 000	283 000
Depreciation	2 000	3 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	3 437 000	3 869 000	4 055 000	3 786 000
Operating Profit	97 000	−464 000	−95 000	149 000
Financial Income	7 000	26 000	10 000	9 000
Financial Costs	30 000	30 000	52 000	11 000
Financial Balance	−23 000	−4 000	−42 000	−2 000
Dividends	0	0	0	0
Net Income	73 000	−455 000	−120 000	131 000

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	2 000	4 000	6 000	12 000
Fixtures	0	0	0	0
Total Tangible Assets	2 000	4 000	6 000	12 000
Total Fiancial Fixed Assets	118 000	118 000	235 000	314 000
Total Fixed Assets	120 000	122 000	241 000	326 000
Stock	145 000	208 000	166 000	150 000
Total Investments	0	0	0	0
Cash, Bank	328 000	330 000	88 000	91 000
Total Current Assets	1 559 000	1 535 000	1 320 000	1 421 000
Total Assets	1 679 000	1 657 000	1 561 000	1 747 000
Total Equity	550 000	478 000	932 000	1 053 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	809 000	814 000	326 000	0
Creditors	196 000	231 000	17 000	457 000
Unpaid Taxes	107 000	109 000	249 000	197 000
Dividends	0	0	0	0
Other Current Debt	15 000	25 000	37 000	24 000
Total Current Debt	319 000	366 000	303 000	695 000
Total Equity and Debt	1 679 000	1 657 000	1 561 000	1 747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,27 %	−95,19 %	−12,88 %	12,44 %
Debt-to-Equity Ratio	1,47	1,7	0,35	0
Operating Profit Margin	2,74 %	−13,8 %	−2,4 %	3,79 %
Current Ratio	4,89	4,19	4,36	2,04
Quick Ratio	8,96	9,72	9,64	2,61
Equity Ratio	0,33	0,29	0,6	0,6
Gross Profit Margin	10,92 %	−2,77 %	12,68 %	16,13 %