NORSTRØM INNOVATION AS

0484 OSLO

Finances

Return on Equity

−1 833,33 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	269 000	43 000	0	6 000
Net Income	−55 000	254 000	−187 000	−11 000
Total Assets	216 000	218 000	36 000	192 000
Total Equity	3 000	59 000	−195 000	−8 000

Income (NOK)	2022	2021	2020	2019
Revenue	269 000	43 000	0	6 000
Expenditure	98 000	26 000	17 000	17 000
Operating Profit	170 000	17 000	−17 000	−11 000
Financial Income	0	87 000	0	0
Financial Costs	191 000	−150 000	170 000	0
Financial Balance	−191 000	237 000	−170 000	0
Earnings Before Tax	−21 000	254 000	−188 000	−11 000
Tax	35 000	0	−1 000	0
Net Income	−55 000	254 000	−187 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	30 000	184 000
Total Current Assets	216 000	218 000	6 000	9 000
Total Assets	216 000	218 000	36 000	192 000
Total Retained Equity	−27 000	29 000	−225 000	−38 000
Total Equity	3 000	59 000	−195 000	−8 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	213 000	160 000	231 000	200 000
Total Equity and Debt	216 000	218 000	36 000	192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	269 000	41 000	0	6 000
Other Income	0	2 000	0	0
Revenue	269 000	43 000	0	6 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	98 000	26 000	17 000	17 000
Operating Profit	170 000	17 000	−17 000	−11 000
Financial Income	0	87 000	0	0
Financial Costs	191 000	−150 000	170 000	0
Financial Balance	−191 000	237 000	−170 000	0
Dividends	0	0	0	0
Net Income	−55 000	254 000	−187 000	−11 000

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	30 000	184 000
Total Fixed Assets	0	0	30 000	184 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	5 000	0	1 000
Total Current Assets	216 000	218 000	6 000	9 000
Total Assets	216 000	218 000	36 000	192 000
Total Equity	3 000	59 000	−195 000	−8 000
Short-Term Group Debt	0	19 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	7 000	14 000	11 000
Unpaid Taxes	13 000	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	61 000	134 000	216 000	189 000
Total Current Debt	213 000	160 000	231 000	200 000
Total Equity and Debt	216 000	218 000	36 000	192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 833,33 %	430,51 %	95,9 %	137,5 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	63,2 %	39,53 %	-	−183,33 %
Current Ratio	1,01	1,36	0,03	0,05
Quick Ratio	1,01	1,36	0,03	0,05
Equity Ratio	0,01	0,27	−5,42	−0,04
Gross Profit Margin	100 %	100 %	-	100 %