NORCARD SERVICES AS

0655 OSLO

Finances

Share Ownership

Return on Equity

22,24 %

Current Ratio

3,09

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 687 000	1 265 000	1 077 000	1 086 000
Net Income	242 000	595 000	270 000	88 000
Total Assets	2 155 000	1 892 000	939 000	1 110 000
Total Equity	1 088 000	1 447 000	852 000	582 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 687 000	1 265 000	1 077 000	1 086 000
Expenditure	1 211 000	601 000	728 000	773 000
Operating Profit	476 000	663 000	349 000	312 000
Financial Income	0	77 000	0	0
Financial Costs	166 000	0	2 000	10 000
Financial Balance	−166 000	77 000	−2 000	−10 000
Earnings Before Tax	310 000	741 000	347 000	302 000
Tax	69 000	146 000	77 000	214 000
Net Income	242 000	595 000	270 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 040 000	430 000	8 000	8 000
Total Current Assets	1 115 000	1 462 000	931 000	1 102 000
Total Assets	2 155 000	1 892 000	939 000	1 110 000
Total Retained Equity	983 000	1 342 000	747 000	477 000
Total Equity	1 088 000	1 447 000	852 000	582 000
Total Long-Term Debt	705 000	40 000	−110 000	40 000
Total Current Debt	361 000	405 000	197 000	488 000
Total Equity and Debt	2 155 000	1 892 000	939 000	1 110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 687 000	1 265 000	1 077 000	1 086 000
Other Income	0	0	0	0
Revenue	1 687 000	1 265 000	1 077 000	1 086 000
Cost of Goods Sold	0	0	0	0
Salary Costs	340 000	183 000	428 000	0
Depreciation	55 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 211 000	601 000	728 000	773 000
Operating Profit	476 000	663 000	349 000	312 000
Financial Income	0	77 000	0	0
Financial Costs	166 000	0	2 000	10 000
Financial Balance	−166 000	77 000	−2 000	−10 000
Dividends	600 000	0	0	0
Net Income	242 000	595 000	270 000	88 000

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	610 000	0	0	0
Total Tangible Assets	610 000	0	0	0
Total Fiancial Fixed Assets	430 000	430 000	8 000	8 000
Total Fixed Assets	1 040 000	430 000	8 000	8 000
Stock	0	0	0	0
Total Investments	228 000	873 000	0	0
Cash, Bank	82 000	38 000	450 000	370 000
Total Current Assets	1 115 000	1 462 000	931 000	1 102 000
Total Assets	2 155 000	1 892 000	939 000	1 110 000
Total Equity	1 088 000	1 447 000	852 000	582 000
Short-Term Group Debt	434 000	356 000	0	0
Total Long-Term Debt	705 000	40 000	−110 000	40 000
Creditors	−158 000	−133 000	0	10 000
Unpaid Taxes	2 000	20 000	16 000	0
Dividends	600 000	0	0	0
Other Current Debt	31 000	17 000	104 000	263 000
Total Current Debt	361 000	405 000	197 000	488 000
Total Equity and Debt	2 155 000	1 892 000	939 000	1 110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,24 %	41,12 %	31,69 %	15,12 %
Debt-to-Equity Ratio	0,65	0,03	−0,13	0,07
Operating Profit Margin	28,22 %	52,41 %	32,4 %	28,73 %
Current Ratio	3,09	3,61	4,73	2,26
Quick Ratio	3,09	3,61	4,73	2,26
Equity Ratio	0,5	0,76	0,91	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %