NITROGAS AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

13,89 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 121 000	2 164 000	1 913 000	4 000
Net Income	373 000	910 000	851 000	−1 327 000
Total Assets	3 823 000	3 327 000	3 153 000	7 475 000
Total Equity	2 685 000	2 311 000	1 401 000	550 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 121 000	2 164 000	1 913 000	4 000
Expenditure	1 595 000	953 000	742 000	1 617 000
Operating Profit	525 000	1 212 000	1 171 000	−1 613 000
Financial Income	0	11 000	3 000	0
Financial Costs	47 000	56 000	83 000	89 000
Financial Balance	−47 000	−45 000	−80 000	−89 000
Earnings Before Tax	479 000	1 167 000	1 091 000	−1 702 000
Tax	105 000	257 000	240 000	−374 000
Net Income	373 000	910 000	851 000	−1 327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 718 000	1 603 000	33 000	67 000
Total Current Assets	2 105 000	1 725 000	3 120 000	7 408 000
Total Assets	3 823 000	3 327 000	3 153 000	7 475 000
Total Retained Equity	2 135 000	1 761 000	851 000	−6 301 000
Total Equity	2 685 000	2 311 000	1 401 000	550 000
Total Long-Term Debt	203 000	666 000	1 125 000	1 625 000
Total Current Debt	935 000	350 000	627 000	5 300 000
Total Equity and Debt	3 823 000	3 327 000	3 153 000	7 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 121 000	2 164 000	1 913 000	1 000
Other Income	0	0	0	3 000
Revenue	2 121 000	2 164 000	1 913 000	4 000
Cost of Goods Sold	317 000	81 000	19 000	43 000
Salary Costs	0	0	0	0
Depreciation	173 000	13 000	0	0
Impairment	0	0	0	0
Expenditure	1 595 000	953 000	742 000	1 617 000
Operating Profit	525 000	1 212 000	1 171 000	−1 613 000
Financial Income	0	11 000	3 000	0
Financial Costs	47 000	56 000	83 000	89 000
Financial Balance	−47 000	−45 000	−80 000	−89 000
Dividends	0	0	0	0
Net Income	373 000	910 000	851 000	−1 327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	33 000	67 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 718 000	1 603 000	0	0
Total Tangible Assets	1 718 000	1 603 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 718 000	1 603 000	33 000	67 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	541 000	244 000	1 540 000	8 000
Total Current Assets	2 105 000	1 725 000	3 120 000	7 408 000
Total Assets	3 823 000	3 327 000	3 153 000	7 475 000
Total Equity	2 685 000	2 311 000	1 401 000	550 000
Short-Term Group Debt	772 000	0	0	5 300 000
Total Long-Term Debt	203 000	666 000	1 125 000	1 625 000
Creditors	95 000	168 000	421 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	935 000	350 000	627 000	5 300 000
Total Equity and Debt	3 823 000	3 327 000	3 153 000	7 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,89 %	39,38 %	60,74 %	−241,27 %
Debt-to-Equity Ratio	0,08	0,29	0,8	2,95
Operating Profit Margin	24,75 %	56,01 %	61,21 %	−40 325 %
Current Ratio	2,25	4,93	4,98	1,4
Quick Ratio	2,25	4,93	4,98	1,4
Equity Ratio	0,7	0,69	0,44	0,07
Gross Profit Margin	85,05 %	96,26 %	99,01 %	−975 %