NORD LABS AS

0559 OSLO

Finances

Return on Equity

47,93 %

Current Ratio

−31,8

Debt-to-Equity Ratio

−1,08

Key figures (NOK)	2022	2021	2020
Revenue	234 000	53 000	143 000
Net Income	−1 433 000	−1 005 000	−942 000
Total Assets	227 000	252 000	24 000
Total Equity	−2 990 000	−975 000	−917 000

Income (NOK)	2022	2021	2020
Revenue	234 000	53 000	143 000
Expenditure	1 667 000	1 056 000	1 085 000
Operating Profit	−1 433 000	−1 005 000	−942 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−1 433 000	−1 005 000	−942 000
Tax	0	0	0
Net Income	−1 433 000	−1 005 000	−942 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	68 000	78 000	0
Total Current Assets	159 000	174 000	24 000
Total Assets	227 000	252 000	24 000
Total Retained Equity	−3 020 000	−1 005 000	−947 000
Total Equity	−2 990 000	−975 000	−917 000
Total Long-Term Debt	3 222 000	1 228 000	942 000
Total Current Debt	−5 000	−2 000	0
Total Equity and Debt	227 000	252 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	234 000	53 000	143 000
Other Income	0	0	0
Revenue	234 000	53 000	143 000
Cost of Goods Sold	122 000	119 000	67 000
Salary Costs	923 000	474 000	703 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 667 000	1 056 000	1 085 000
Operating Profit	−1 433 000	−1 005 000	−942 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−1 433 000	−1 005 000	−942 000

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	53 000	63 000	0
Total Tangible Assets	53 000	63 000	0
Total Fiancial Fixed Assets	15 000	15 000	0
Total Fixed Assets	68 000	78 000	0
Stock	140 000	120 000	24 000
Total Investments	0	0	0
Cash, Bank	19 000	54 000	0
Total Current Assets	159 000	174 000	24 000
Total Assets	227 000	252 000	24 000
Total Equity	−2 990 000	−975 000	−917 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 222 000	1 228 000	942 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	−5 000	−2 000	0
Total Current Debt	−5 000	−2 000	0
Total Equity and Debt	227 000	252 000	24 000

Financial indicators	2022	2021	2020
Return on Equity	47,93 %	103,08 %	102,73 %
Debt-to-Equity Ratio	−1,08	−1,26	−1,03
Operating Profit Margin	−612,39 %	−1 896,23 %	−658,74 %
Current Ratio	−31,8	−87	-
Quick Ratio	−1,1	−1,43	−1
Equity Ratio	−13,17	−3,87	−38,21
Gross Profit Margin	47,86 %	−124,53 %	53,15 %