NORWEGIAN COD COMPANY AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

277,55 %

Current Ratio

4,99

Debt-to-Equity Ratio

−11,03

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−408 000	−34 000	0
Total Assets	1 577 000	1 643 000	300 000
Total Equity	−147 000	260 000	300 000

Income (NOK)	2022	2021
Revenue	0	0
Expenditure	465 000	46 000
Operating Profit	−465 000	−46 000
Financial Income	0	0
Financial Costs	57 000	−1 000
Financial Balance	−57 000	1 000
Earnings Before Tax	−523 000	−45 000
Tax	−115 000	−11 000
Net Income	−408 000	−34 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 063 000	1 182 000	0
Total Current Assets	514 000	461 000	300 000
Total Assets	1 577 000	1 643 000	300 000
Total Retained Equity	−442 000	−34 000	0
Total Equity	−147 000	260 000	300 000
Total Long-Term Debt	1 621 000	1 094 000	0
Total Current Debt	103 000	288 000	0
Total Equity and Debt	1 577 000	1 643 000	300 000

Cash flow (NOK)	2022	2021
Sales Income	0	0
Other Income	0	0
Revenue	0	0
Cost of Goods Sold	0	0
Salary Costs	0	0
Depreciation	234 000	0
Impairment	0	0
Expenditure	465 000	46 000
Operating Profit	−465 000	−46 000
Financial Income	0	0
Financial Costs	57 000	−1 000
Financial Balance	−57 000	1 000
Dividends	0	0
Net Income	−408 000	−34 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 063 000	1 182 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 063 000	1 182 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	182 000	173 000	300 000
Total Current Assets	514 000	461 000	300 000
Total Assets	1 577 000	1 643 000	300 000
Total Equity	−147 000	260 000	300 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 621 000	1 094 000	0
Creditors	103 000	288 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	103 000	288 000	0
Total Equity and Debt	1 577 000	1 643 000	300 000

Financial indicators	2022	2021	2020
Return on Equity	277,55 %	−13,08 %	0 %
Debt-to-Equity Ratio	−11,03	4,21	0
Operating Profit Margin	-	-	-
Current Ratio	4,99	1,6	-
Quick Ratio	4,99	1,6	-
Equity Ratio	−0,09	0,16	1
Gross Profit Margin	-	-	-