NORTH ATLANTIC AS

5385 BAKKASUND

Finances

Return on Equity

3,3 %

Current Ratio

0,11

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 811 000	173 741 000	188 988 000	170 122 000
Net Income	13 444 000	69 712 000	−15 347 000	29 492 000
Total Assets	738 937 000	762 618 000	768 370 000	893 189 000
Total Equity	406 778 000	474 068 000	629 798 000	784 603 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 811 000	173 741 000	188 988 000	170 122 000
Expenditure	4 255 000	31 351 000	156 950 000	84 499 000
Operating Profit	−544 000	86 574 000	−19 527 000	37 635 000
Financial Income	20 818 000	3 270 000	721 000	561 000
Financial Costs	3 039 000	466 000	868 000	383 000
Financial Balance	17 779 000	2 804 000	−147 000	178 000
Earnings Before Tax	17 235 000	89 378 000	−19 674 000	37 813 000
Tax	3 792 000	19 666 000	−4 327 000	8 321 000
Net Income	13 444 000	69 712 000	−15 347 000	29 492 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	707 600 000	992 000	715 659 000	864 687 000
Total Current Assets	31 337 000	761 626 000	52 711 000	28 502 000
Total Assets	738 937 000	762 618 000	768 370 000	893 189 000
Total Retained Equity	118 506 000	155 796 000	211 526 000	276 331 000
Total Equity	406 778 000	474 068 000	629 798 000	784 603 000
Total Long-Term Debt	42 080 000	52 601 000	68 316 000	86 592 000
Total Current Debt	290 079 000	235 949 000	70 256 000	21 993 000
Total Equity and Debt	738 937 000	762 618 000	768 370 000	893 189 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 811 000	162 726 000	188 988 000	170 122 000
Other Income	0	11 015 000	0	0
Revenue	7 811 000	173 741 000	188 988 000	170 122 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	127 000	0	0
Depreciation	0	22 674 000	22 674 000	24 878 000
Impairment	0	0	126 354 000	41 859 000
Expenditure	4 255 000	31 351 000	156 950 000	84 499 000
Operating Profit	−544 000	86 574 000	−19 527 000	37 635 000
Financial Income	20 818 000	3 270 000	721 000	561 000
Financial Costs	3 039 000	466 000	868 000	383 000
Financial Balance	17 779 000	2 804 000	−147 000	178 000
Dividends	0	0	0	0
Net Income	13 444 000	69 712 000	−15 347 000	29 492 000

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	715 659 000	864 687 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	715 659 000	864 687 000
Total Fiancial Fixed Assets	707 600 000	992 000	0	0
Total Fixed Assets	707 600 000	992 000	715 659 000	864 687 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	209 000	9 782 000	66 000	1 243 000
Total Current Assets	31 337 000	761 626 000	52 711 000	28 502 000
Total Assets	738 937 000	762 618 000	768 370 000	893 189 000
Total Equity	406 778 000	474 068 000	629 798 000	784 603 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 080 000	52 601 000	68 316 000	86 592 000
Creditors	387 000	3 602 000	3 861 000	1 609 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	289 692 000	232 347 000	66 395 000	20 384 000
Total Current Debt	290 079 000	235 949 000	70 256 000	21 993 000
Total Equity and Debt	738 937 000	762 618 000	768 370 000	893 189 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,3 %	14,71 %	−2,44 %	3,76 %
Debt-to-Equity Ratio	0,1	0,11	0,11	0,11
Operating Profit Margin	−6,96 %	49,83 %	−10,33 %	22,12 %
Current Ratio	0,11	3,23	0,75	1,3
Quick Ratio	0,11	3,23	0,75	1,3
Equity Ratio	0,55	0,62	0,82	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %