NORDIC WEB AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

30 %

Current Ratio

10,5

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 000	101 000	56 000	81 000
Net Income	33 000	41 000	9 000	3 000
Total Assets	120 000	89 000	40 000	28 000
Total Equity	110 000	77 000	36 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 000	101 000	56 000	81 000
Expenditure	50 000	48 000	43 000	77 000
Operating Profit	40 000	52 000	13 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Earnings Before Tax	40 000	52 000	12 000	3 000
Tax	8 000	11 000	3 000	1 000
Net Income	33 000	41 000	9 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	23 000	0	0
Total Current Assets	84 000	66 000	40 000	28 000
Total Assets	120 000	89 000	40 000	28 000
Total Retained Equity	80 000	52 000	12 000	3 000
Total Equity	110 000	77 000	36 000	27 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	8 000	12 000	3 000	1 000
Total Equity and Debt	120 000	89 000	40 000	28 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 000	101 000	56 000	81 000
Other Income	0	0	0	0
Revenue	90 000	101 000	56 000	81 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	0	0	0	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	50 000	48 000	43 000	77 000
Operating Profit	40 000	52 000	13 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	33 000	41 000	9 000	3 000

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	18 000	23 000	0	0
Fixtures	17 000	0	0	0
Total Tangible Assets	36 000	23 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	23 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	66 000	40 000	27 000
Total Current Assets	84 000	66 000	40 000	28 000
Total Assets	120 000	89 000	40 000	28 000
Total Equity	110 000	77 000	36 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	−1 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	8 000	12 000	3 000	1 000
Total Equity and Debt	120 000	89 000	40 000	28 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30 %	53,25 %	25 %	11,11 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	44,44 %	51,49 %	23,21 %	4,94 %
Current Ratio	10,5	5,5	13,33	28
Quick Ratio	10,5	5,5	13,33	28
Equity Ratio	0,92	0,87	0,9	0,96
Gross Profit Margin	100 %	100 %	100 %	98,77 %