NORTH SHIPPING AS

6509 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

79,82 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 765 000	8 319 000	7 233 000	5 694 000
Net Income	2 286 000	3 136 000	3 230 000	1 856 000
Total Assets	6 794 000	7 684 000	9 464 000	5 294 000
Total Equity	2 864 000	2 578 000	2 442 000	1 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 765 000	8 319 000	7 233 000	5 694 000
Expenditure	3 842 000	4 300 000	3 095 000	3 312 000
Operating Profit	2 923 000	4 020 000	4 139 000	2 382 000
Financial Income	11 000	0	4 000	3 000
Financial Costs	1 000	0	0	4 000
Financial Balance	10 000	0	4 000	−1 000
Earnings Before Tax	2 932 000	4 020 000	4 142 000	2 381 000
Tax	646 000	883 000	912 000	525 000
Net Income	2 286 000	3 136 000	3 230 000	1 856 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	97 000	634 000	64 000	73 000
Total Current Assets	6 697 000	7 050 000	9 400 000	5 221 000
Total Assets	6 794 000	7 684 000	9 464 000	5 294 000
Total Retained Equity	2 764 000	2 478 000	2 342 000	1 470 000
Total Equity	2 864 000	2 578 000	2 442 000	1 570 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 930 000	5 106 000	7 022 000	3 725 000
Total Equity and Debt	6 794 000	7 684 000	9 464 000	5 294 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 765 000	8 319 000	7 233 000	5 694 000
Other Income	0	0	0	0
Revenue	6 765 000	8 319 000	7 233 000	5 694 000
Cost of Goods Sold	431 000	489 000	582 000	453 000
Salary Costs	2 485 000	2 563 000	1 572 000	1 847 000
Depreciation	38 000	40 000	41 000	40 000
Impairment	0	0	0	0
Expenditure	3 842 000	4 300 000	3 095 000	3 312 000
Operating Profit	2 923 000	4 020 000	4 139 000	2 382 000
Financial Income	11 000	0	4 000	3 000
Financial Costs	1 000	0	0	4 000
Financial Balance	10 000	0	4 000	−1 000
Dividends	2 000 000	3 000 000	1 200 000	1 500 000
Net Income	2 286 000	3 136 000	3 230 000	1 856 000

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	96 000	134 000	64 000	73 000
Total Tangible Assets	96 000	134 000	64 000	73 000
Total Fiancial Fixed Assets	2 000	500 000	0	0
Total Fixed Assets	97 000	634 000	64 000	73 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 823 000	7 001 000	9 235 000	4 973 000
Total Current Assets	6 697 000	7 050 000	9 400 000	5 221 000
Total Assets	6 794 000	7 684 000	9 464 000	5 294 000
Total Equity	2 864 000	2 578 000	2 442 000	1 570 000
Short-Term Group Debt	0	87 000	1 533 000	1 303 000
Total Long-Term Debt	0	0	0	0
Creditors	89 000	169 000	116 000	36 000
Unpaid Taxes	707 000	765 000	579 000	324 000
Dividends	2 000 000	3 000 000	1 200 000	1 500 000
Other Current Debt	488 000	202 000	2 839 000	115 000
Total Current Debt	3 930 000	5 106 000	7 022 000	3 725 000
Total Equity and Debt	6 794 000	7 684 000	9 464 000	5 294 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,82 %	121,64 %	132,27 %	118,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,21 %	48,32 %	57,22 %	41,83 %
Current Ratio	1,7	1,38	1,34	1,4
Quick Ratio	1,7	1,38	1,34	1,4
Equity Ratio	0,42	0,34	0,26	0,3
Gross Profit Margin	93,63 %	94,12 %	91,95 %	92,04 %