NORDIC SOLSKJERMING AS

1164 OSLO

Finances

Share Ownership

Return on Equity

55,74 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020
Revenue	5 701 000	5 045 000	1 357 000
Net Income	102 000	55 000	−11 000
Total Assets	1 097 000	1 243 000	621 000
Total Equity	183 000	81 000	26 000

Income (NOK)	2022	2021	2020
Revenue	5 701 000	5 045 000	1 357 000
Expenditure	5 560 000	4 968 000	1 367 000
Operating Profit	141 000	77 000	−10 000
Financial Income	0	0	0
Financial Costs	9 000	8 000	1 000
Financial Balance	−9 000	−8 000	−1 000
Earnings Before Tax	133 000	70 000	−11 000
Tax	30 000	14 000	0
Net Income	102 000	55 000	−11 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	195 000	243 000	285 000
Total Current Assets	902 000	999 000	335 000
Total Assets	1 097 000	1 243 000	621 000
Total Retained Equity	147 000	44 000	−11 000
Total Equity	183 000	81 000	26 000
Total Long-Term Debt	147 000	178 000	194 000
Total Current Debt	767 000	984 000	401 000
Total Equity and Debt	1 097 000	1 243 000	621 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 701 000	5 045 000	1 356 000
Other Income	0	0	0
Revenue	5 701 000	5 045 000	1 357 000
Cost of Goods Sold	3 141 000	2 878 000	773 000
Salary Costs	1 802 000	1 400 000	258 000
Depreciation	66 000	60 000	10 000
Impairment	0	0	0
Expenditure	5 560 000	4 968 000	1 367 000
Operating Profit	141 000	77 000	−10 000
Financial Income	0	0	0
Financial Costs	9 000	8 000	1 000
Financial Balance	−9 000	−8 000	−1 000
Dividends	0	0	0
Net Income	102 000	55 000	−11 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	195 000	243 000	285 000
Total Tangible Assets	195 000	243 000	285 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	195 000	243 000	285 000
Stock	337 000	200 000	0
Total Investments	0	0	0
Cash, Bank	238 000	197 000	110 000
Total Current Assets	902 000	999 000	335 000
Total Assets	1 097 000	1 243 000	621 000
Total Equity	183 000	81 000	26 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	147 000	178 000	194 000
Creditors	170 000	561 000	53 000
Unpaid Taxes	232 000	119 000	140 000
Dividends	0	0	0
Other Current Debt	330 000	300 000	208 000
Total Current Debt	767 000	984 000	401 000
Total Equity and Debt	1 097 000	1 243 000	621 000

Financial indicators	2022	2021	2020
Return on Equity	55,74 %	67,9 %	−42,31 %
Debt-to-Equity Ratio	0,8	2,2	7,46
Operating Profit Margin	2,47 %	1,53 %	−0,74 %
Current Ratio	1,18	1,02	0,84
Quick Ratio	2,1	1,27	0,84
Equity Ratio	0,17	0,07	0,04
Gross Profit Margin	44,9 %	42,95 %	43,04 %