NORDKRAN AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

37,21 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 323 000	6 913 000	7 308 000	3 945 000
Net Income	−1 027 000	−939 000	−1 045 000	−813 000
Total Assets	407 000	716 000	602 000	2 110 000
Total Equity	−2 760 000	−1 733 000	−2 794 000	−1 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 323 000	6 913 000	7 308 000	3 945 000
Expenditure	6 322 000	7 817 000	8 326 000	4 758 000
Operating Profit	−999 000	−906 000	−1 017 000	−813 000
Financial Income	0	0	0	0
Financial Costs	28 000	33 000	27 000	0
Financial Balance	−28 000	−33 000	−27 000	0
Earnings Before Tax	−1 027 000	−939 000	−1 045 000	−813 000
Tax	0	0	0	0
Net Income	−1 027 000	−939 000	−1 045 000	−813 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	72 000	118 000	108 000
Total Current Assets	394 000	644 000	484 000	2 002 000
Total Assets	407 000	716 000	602 000	2 110 000
Total Retained Equity	−3 160 000	−3 933 000	−2 994 000	−1 950 000
Total Equity	−2 760 000	−1 733 000	−2 794 000	−1 750 000
Total Long-Term Debt	1 814 000	1 009 000	2 048 000	0
Total Current Debt	1 353 000	1 440 000	1 349 000	3 860 000
Total Equity and Debt	407 000	716 000	602 000	2 110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 323 000	6 913 000	7 308 000	3 139 000
Other Income	0	0	0	806 000
Revenue	5 323 000	6 913 000	7 308 000	3 945 000
Cost of Goods Sold	1 557 000	1 144 000	597 000	371 000
Salary Costs	958 000	2 607 000	3 621 000	2 036 000
Depreciation	59 000	46 000	34 000	596 000
Impairment	0	0	0	0
Expenditure	6 322 000	7 817 000	8 326 000	4 758 000
Operating Profit	−999 000	−906 000	−1 017 000	−813 000
Financial Income	0	0	0	0
Financial Costs	28 000	33 000	27 000	0
Financial Balance	−28 000	−33 000	−27 000	0
Dividends	0	0	0	0
Net Income	−1 027 000	−939 000	−1 045 000	−813 000

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	0	0	0	0
Fixtures	13 000	72 000	118 000	108 000
Total Tangible Assets	13 000	72 000	118 000	108 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	72 000	118 000	108 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	34 000	31 000	697 000
Total Current Assets	394 000	644 000	484 000	2 002 000
Total Assets	407 000	716 000	602 000	2 110 000
Total Equity	−2 760 000	−1 733 000	−2 794 000	−1 750 000
Short-Term Group Debt	948 000	393 000	298 000	2 048 000
Total Long-Term Debt	1 814 000	1 009 000	2 048 000	0
Creditors	364 000	563 000	221 000	522 000
Unpaid Taxes	14 000	146 000	491 000	1 121 000
Dividends	0	0	0	0
Other Current Debt	28 000	338 000	339 000	168 000
Total Current Debt	1 353 000	1 440 000	1 349 000	3 860 000
Total Equity and Debt	407 000	716 000	602 000	2 110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,21 %	54,18 %	37,4 %	46,46 %
Debt-to-Equity Ratio	−0,66	−0,58	−0,73	−0
Operating Profit Margin	−18,77 %	−13,11 %	−13,92 %	−20,61 %
Current Ratio	0,29	0,45	0,36	0,52
Quick Ratio	0,29	0,45	0,36	0,52
Equity Ratio	−6,78	−2,42	−4,64	−0,83
Gross Profit Margin	70,75 %	83,45 %	91,83 %	90,6 %