NETWORK CHARTERING INTERNATIONAL AS

5003 BERGEN

Finances

Share Ownership

Return on Equity

−15,37 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 983 000	2 643 000	1 684 000	2 983 000
Net Income	−2 069 000	−696 000	91 000	432 000
Total Assets	197 492 000	98 970 000	105 687 000	50 724 000
Total Equity	13 461 000	13 817 000	13 846 000	14 154 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 983 000	2 643 000	1 684 000	2 983 000
Expenditure	2 900 000	2 071 000	1 576 000	2 617 000
Operating Profit	84 000	573 000	108 000	366 000
Financial Income	2 150 000	679 000	64 000	225 000
Financial Costs	4 782 000	2 131 000	38 000	1 000
Financial Balance	−2 632 000	−1 452 000	26 000	224 000
Earnings Before Tax	−2 548 000	−879 000	134 000	591 000
Tax	−479 000	−183 000	44 000	160 000
Net Income	−2 069 000	−696 000	91 000	432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	203 000	208 000	456 000
Total Current Assets	197 292 000	98 766 000	105 478 000	50 268 000
Total Assets	197 492 000	98 970 000	105 687 000	50 724 000
Total Retained Equity	10 967 000	13 035 000	13 731 000	14 039 000
Total Equity	13 461 000	13 817 000	13 846 000	14 154 000
Total Long-Term Debt	0	0	0	33 000
Total Current Debt	184 031 000	85 152 000	91 841 000	36 537 000
Total Equity and Debt	197 492 000	98 970 000	105 687 000	50 724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 983 000	2 643 000	1 684 000	2 983 000
Other Income	0	0	0	0
Revenue	2 983 000	2 643 000	1 684 000	2 983 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 569 000	1 738 000	1 272 000	2 169 000
Depreciation	0	0	33 000	43 000
Impairment	0	0	0	0
Expenditure	2 900 000	2 071 000	1 576 000	2 617 000
Operating Profit	84 000	573 000	108 000	366 000
Financial Income	2 150 000	679 000	64 000	225 000
Financial Costs	4 782 000	2 131 000	38 000	1 000
Financial Balance	−2 632 000	−1 452 000	26 000	224 000
Dividends	0	0	0	0
Net Income	−2 069 000	−696 000	91 000	432 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	15 000	20 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	189 000	189 000	189 000	221 000
Total Tangible Assets	189 000	189 000	189 000	221 000
Total Fiancial Fixed Assets	0	0	0	234 000
Total Fixed Assets	200 000	203 000	208 000	456 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	163 894 000	67 775 000	85 754 000	40 722 000
Total Current Assets	197 292 000	98 766 000	105 478 000	50 268 000
Total Assets	197 492 000	98 970 000	105 687 000	50 724 000
Total Equity	13 461 000	13 817 000	13 846 000	14 154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	33 000
Creditors	500 000	446 000	30 000	346 000
Unpaid Taxes	7 011 000	3 066 000	2 618 000	2 505 000
Dividends	0	0	0	0
Other Current Debt	176 520 000	81 641 000	89 163 000	33 686 000
Total Current Debt	184 031 000	85 152 000	91 841 000	36 537 000
Total Equity and Debt	197 492 000	98 970 000	105 687 000	50 724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,37 %	−5,04 %	0,66 %	3,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,82 %	21,68 %	6,41 %	12,27 %
Current Ratio	1,07	1,16	1,15	1,38
Quick Ratio	1,07	1,16	1,15	1,38
Equity Ratio	0,07	0,14	0,13	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %