NORDSIDA AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−19,02 %

Current Ratio

0,11

Debt-to-Equity Ratio

−6,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	582 000	365 000	351 000	284 000
Net Income	74 000	−330 000	−153 000	−344 000
Total Assets	2 671 000	2 875 000	2 581 000	2 749 000
Total Equity	−389 000	−463 000	−133 000	−680 000

Income (NOK)	2022	2021	2020	2019
Revenue	582 000	365 000	351 000	284 000
Expenditure	394 000	609 000	405 000	516 000
Operating Profit	188 000	−244 000	−54 000	−231 000
Financial Income	0	0	0	0
Financial Costs	114 000	86 000	99 000	113 000
Financial Balance	−114 000	−86 000	−99 000	−113 000
Earnings Before Tax	74 000	−330 000	−153 000	−344 000
Tax	0	0	0	0
Net Income	74 000	−330 000	−153 000	−344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 618 000	2 835 000	2 534 000	2 737 000
Total Current Assets	54 000	40 000	47 000	12 000
Total Assets	2 671 000	2 875 000	2 581 000	2 749 000
Total Retained Equity	−2 803 000	−2 803 000	−2 473 000	−2 320 000
Total Equity	−389 000	−463 000	−133 000	−680 000
Total Long-Term Debt	2 570 000	2 743 000	2 505 000	3 187 000
Total Current Debt	490 000	595 000	209 000	242 000
Total Equity and Debt	2 671 000	2 875 000	2 581 000	2 749 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 000	0	0	0
Other Income	555 000	365 000	351 000	284 000
Revenue	582 000	365 000	351 000	284 000
Cost of Goods Sold	0	0	14 000	62 000
Salary Costs	0	0	0	0
Depreciation	217 000	217 000	204 000	204 000
Impairment	0	0	0	0
Expenditure	394 000	609 000	405 000	516 000
Operating Profit	188 000	−244 000	−54 000	−231 000
Financial Income	0	0	0	0
Financial Costs	114 000	86 000	99 000	113 000
Financial Balance	−114 000	−86 000	−99 000	−113 000
Dividends	0	0	0	0
Net Income	74 000	−330 000	−153 000	−344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 618 000	2 835 000	2 534 000	2 737 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 618 000	2 835 000	2 534 000	2 737 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 618 000	2 835 000	2 534 000	2 737 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	7 000	5 000	11 000
Total Current Assets	54 000	40 000	47 000	12 000
Total Assets	2 671 000	2 875 000	2 581 000	2 749 000
Total Equity	−389 000	−463 000	−133 000	−680 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 570 000	2 743 000	2 505 000	3 187 000
Creditors	78 000	195 000	1 000	44 000
Unpaid Taxes	12 000	−16 000	4 000	0
Dividends	0	0	0	0
Other Current Debt	400 000	415 000	204 000	198 000
Total Current Debt	490 000	595 000	209 000	242 000
Total Equity and Debt	2 671 000	2 875 000	2 581 000	2 749 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,02 %	71,27 %	115,04 %	50,59 %
Debt-to-Equity Ratio	−6,61	−5,92	−18,83	−4,69
Operating Profit Margin	32,3 %	−66,85 %	−15,38 %	−81,34 %
Current Ratio	0,11	0,07	0,22	0,05
Quick Ratio	0,11	0,07	0,22	0,05
Equity Ratio	−0,15	−0,16	−0,05	−0,25
Gross Profit Margin	100 %	100 %	96,01 %	78,17 %