NORTH SEA HOLDING AS

5525 HAUGESUND

Finances

Return on Equity

55,76 %

Current Ratio

410,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 221 000	4 956 000	4 955 000	2 473 000
Total Assets	5 786 000	7 203 000	7 247 000	4 668 000
Total Equity	5 777 000	2 556 000	2 201 000	2 246 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	487 000	15 000	15 000	13 000
Operating Profit	−487 000	−15 000	−15 000	−13 000
Financial Income	3 625 000	5 000 000	5 000 000	2 500 000
Financial Costs	0	0	0	1 000
Financial Balance	3 625 000	5 000 000	5 000 000	2 499 000
Earnings Before Tax	3 138 000	4 985 000	4 985 000	2 487 000
Tax	−83 000	30 000	30 000	14 000
Net Income	3 221 000	4 956 000	4 955 000	2 473 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 095 000	2 028 000	2 028 000	2 025 000
Total Current Assets	3 691 000	5 175 000	5 219 000	2 643 000
Total Assets	5 786 000	7 203 000	7 247 000	4 668 000
Total Retained Equity	5 177 000	1 956 000	1 601 000	1 646 000
Total Equity	5 777 000	2 556 000	2 201 000	2 246 000
Total Long-Term Debt	0	17 000	17 000	17 000
Total Current Debt	9 000	4 630 000	5 030 000	2 405 000
Total Equity and Debt	5 786 000	7 203 000	7 247 000	4 668 000

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	68 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	487 000	15 000	15 000	13 000
Operating Profit	−487 000	−15 000	−15 000	−13 000
Financial Income	3 625 000	5 000 000	5 000 000	2 500 000
Financial Costs	0	0	0	1 000
Financial Balance	3 625 000	5 000 000	5 000 000	2 499 000
Dividends	0	4 600 000	5 000 000	2 400 000
Net Income	3 221 000	4 956 000	4 955 000	2 473 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	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	2 028 000	2 028 000	2 028 000	2 025 000
Total Fixed Assets	2 095 000	2 028 000	2 028 000	2 025 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 941 000	2 675 000	2 719 000	134 000
Total Current Assets	3 691 000	5 175 000	5 219 000	2 643 000
Total Assets	5 786 000	7 203 000	7 247 000	4 668 000
Total Equity	5 777 000	2 556 000	2 201 000	2 246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	17 000	17 000	17 000
Creditors	0	0	0	0
Unpaid Taxes	8 000	0	0	0
Dividends	0	4 600 000	5 000 000	2 400 000
Other Current Debt	0	0	0	0
Total Current Debt	9 000	4 630 000	5 030 000	2 405 000
Total Equity and Debt	5 786 000	7 203 000	7 247 000	4 668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,76 %	193,9 %	225,12 %	110,11 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	-	-	-	-
Current Ratio	410,11	1,12	1,04	1,1
Quick Ratio	410,11	1,12	1,04	1,1
Equity Ratio	1	0,35	0,3	0,48
Gross Profit Margin	-	-	-	-