NATURECO AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

110,35 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 904 000	1 850 000	1 850 000	680 000
Net Income	405 000	45 000	163 000	−80 000
Total Assets	1 172 000	695 000	663 000	322 000
Total Equity	367 000	211 000	166 000	3 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 904 000	1 850 000	1 850 000	680 000
Expenditure	2 414 000	1 788 000	1 652 000	760 000
Operating Profit	490 000	62 000	198 000	−80 000
Financial Income	35 000	2 000	0	0
Financial Costs	4 000	5 000	12 000	0
Financial Balance	31 000	−3 000	−12 000	0
Earnings Before Tax	521 000	59 000	187 000	−80 000
Tax	115 000	14 000	24 000	0
Net Income	405 000	45 000	163 000	−80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	247 000	122 000	155 000	18 000
Total Current Assets	925 000	573 000	509 000	304 000
Total Assets	1 172 000	695 000	663 000	322 000
Total Retained Equity	337 000	181 000	136 000	−27 000
Total Equity	367 000	211 000	166 000	3 000
Total Long-Term Debt	48 000	102 000	130 000	72 000
Total Current Debt	758 000	382 000	367 000	247 000
Total Equity and Debt	1 172 000	695 000	663 000	322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 651 000	1 630 000	679 000	560 000
Other Income	253 000	220 000	1 171 000	120 000
Revenue	2 904 000	1 850 000	1 850 000	680 000
Cost of Goods Sold	117 000	0	0	0
Salary Costs	1 770 000	1 354 000	1 291 000	644 000
Depreciation	61 000	51 000	29 000	2 000
Impairment	0	0	0	0
Expenditure	2 414 000	1 788 000	1 652 000	760 000
Operating Profit	490 000	62 000	198 000	−80 000
Financial Income	35 000	2 000	0	0
Financial Costs	4 000	5 000	12 000	0
Financial Balance	31 000	−3 000	−12 000	0
Dividends	0	0	0	0
Net Income	405 000	45 000	163 000	−80 000

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	177 000	0	0	0
Fixtures	70 000	122 000	155 000	18 000
Total Tangible Assets	247 000	122 000	155 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	247 000	122 000	155 000	18 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	730 000	412 000	425 000	237 000
Total Current Assets	925 000	573 000	509 000	304 000
Total Assets	1 172 000	695 000	663 000	322 000
Total Equity	367 000	211 000	166 000	3 000
Short-Term Group Debt	250 000	0	0	0
Total Long-Term Debt	48 000	102 000	130 000	72 000
Creditors	18 000	16 000	16 000	3 000
Unpaid Taxes	238 000	162 000	163 000	73 000
Dividends	0	0	0	0
Other Current Debt	137 000	182 000	171 000	172 000
Total Current Debt	758 000	382 000	367 000	247 000
Total Equity and Debt	1 172 000	695 000	663 000	322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,35 %	21,33 %	98,19 %	−2 666,67 %
Debt-to-Equity Ratio	0,13	0,48	0,78	24
Operating Profit Margin	16,87 %	3,35 %	10,7 %	−11,76 %
Current Ratio	1,22	1,5	1,39	1,23
Quick Ratio	1,22	1,5	1,39	1,23
Equity Ratio	0,31	0,3	0,25	0,01
Gross Profit Margin	95,97 %	100 %	100 %	100 %