NORSE PROTECTION GROUP AS

1088 OSLO

Finances

Share Ownership

Return on Equity

−137,5 %

Current Ratio

1,55

Debt-to-Equity Ratio

3,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	105 000	589 000	650 000
Net Income	−11 000	−156 000	188 000	0
Total Assets	107 000	128 000	340 000	241 000
Total Equity	8 000	19 000	175 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	105 000	589 000	650 000
Expenditure	12 000	261 000	362 000	650 000
Operating Profit	−11 000	−156 000	227 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−11 000	−156 000	227 000	0
Tax	0	0	39 000	0
Net Income	−11 000	−156 000	188 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	12 000
Total Current Assets	107 000	128 000	340 000	229 000
Total Assets	107 000	128 000	340 000	241 000
Total Retained Equity	−22 000	−11 000	145 000	9 000
Total Equity	8 000	19 000	175 000	39 000
Total Long-Term Debt	30 000	0	0	0
Total Current Debt	69 000	108 000	165 000	202 000
Total Equity and Debt	107 000	128 000	340 000	241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	105 000	589 000	650 000
Other Income	0	0	0	0
Revenue	0	105 000	589 000	650 000
Cost of Goods Sold	0	148 000	147 000	111 000
Salary Costs	11 000	113 000	215 000	539 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 000	261 000	362 000	650 000
Operating Profit	−11 000	−156 000	227 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	40 000	0
Net Income	−11 000	−156 000	188 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	12 000
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	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	105 000	128 000	282 000	188 000
Total Current Assets	107 000	128 000	340 000	229 000
Total Assets	107 000	128 000	340 000	241 000
Total Equity	8 000	19 000	175 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 000	0	0	0
Creditors	69 000	69 000	10 000	7 000
Unpaid Taxes	0	3 000	28 000	97 000
Dividends	0	0	40 000	0
Other Current Debt	0	37 000	47 000	97 000
Total Current Debt	69 000	108 000	165 000	202 000
Total Equity and Debt	107 000	128 000	340 000	241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−137,5 %	−821,05 %	107,43 %	0 %
Debt-to-Equity Ratio	3,75	0	0	0
Operating Profit Margin	-	−148,57 %	38,54 %	0 %
Current Ratio	1,55	1,19	2,06	1,13
Quick Ratio	1,55	1,19	2,06	1,13
Equity Ratio	0,07	0,15	0,51	0,16
Gross Profit Margin	-	−40,95 %	75,04 %	82,92 %