NORTH MANAGEMENT AS

0352 OSLO

Finances

Share Ownership

Return on Equity

150,3 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	393 000	202 000	88 000	0
Net Income	248 000	17 000	490 000	−63 000
Total Assets	395 000	83 000	54 000	23 000
Total Equity	165 000	−82 000	−100 000	−590 000

Income (NOK)	2022	2021	2020	2019
Revenue	393 000	202 000	88 000	0
Expenditure	118 000	184 000	−402 000	63 000
Operating Profit	275 000	18 000	490 000	−63 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	273 000	17 000	490 000	−63 000
Tax	26 000	0	0	0
Net Income	248 000	17 000	490 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	395 000	83 000	54 000	23 000
Total Assets	395 000	83 000	54 000	23 000
Total Retained Equity	125 000	−122 000	−140 000	−630 000
Total Equity	165 000	−82 000	−100 000	−590 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	230 000	166 000	153 000	613 000
Total Equity and Debt	395 000	83 000	54 000	23 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	393 000	202 000	88 000	0
Other Income	0	0	0	0
Revenue	393 000	202 000	88 000	0
Cost of Goods Sold	15 000	0	0	0
Salary Costs	64 000	0	−19 000	26 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	118 000	184 000	−402 000	63 000
Operating Profit	275 000	18 000	490 000	−63 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	248 000	17 000	490 000	−63 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	317 000	63 000	53 000	23 000
Total Current Assets	395 000	83 000	54 000	23 000
Total Assets	395 000	83 000	54 000	23 000
Total Equity	165 000	−82 000	−100 000	−590 000
Short-Term Group Debt	0	33 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	26 000	24 000	25 000
Unpaid Taxes	87 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	105 000	107 000	130 000	587 000
Total Current Debt	230 000	166 000	153 000	613 000
Total Equity and Debt	395 000	83 000	54 000	23 000

Financial indicators	2022	2021	2020	2019
Return on Equity	150,3 %	−20,73 %	−490 %	10,68 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	69,97 %	8,91 %	556,82 %	-
Current Ratio	1,72	0,5	0,35	0,04
Quick Ratio	1,72	0,5	0,35	0,04
Equity Ratio	0,42	−0,99	−1,85	−25,65
Gross Profit Margin	96,18 %	100 %	100 %	-