NORD DESTINATION MANAGEMENT COMPANY AS

4610 KRISTIANSAND S

Finances

Return on Equity

−12,73 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 907 000	2 020 000	1 559 000	2 846 000
Net Income	501 000	−1 922 000	−938 000	−752 000
Total Assets	1 183 000	987 000	941 000	194 000
Total Equity	−3 935 000	−4 436 000	−2 513 000	−1 576 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 907 000	2 020 000	1 559 000	2 846 000
Expenditure	17 416 000	3 736 000	2 410 000	3 200 000
Operating Profit	546 000	−1 715 000	−852 000	−354 000
Financial Income	38 000	0	142 000	42 000
Financial Costs	83 000	207 000	228 000	440 000
Financial Balance	−45 000	−207 000	−86 000	−398 000
Earnings Before Tax	501 000	−1 922 000	−938 000	−752 000
Tax	0	0	0	0
Net Income	501 000	−1 922 000	−938 000	−752 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	109 000	50 000	80 000
Total Current Assets	1 051 000	878 000	892 000	114 000
Total Assets	1 183 000	987 000	941 000	194 000
Total Retained Equity	−3 965 000	−4 466 000	−2 543 000	−1 606 000
Total Equity	−3 935 000	−4 436 000	−2 513 000	−1 576 000
Total Long-Term Debt	53 000	140 000	130 000	125 000
Total Current Debt	5 066 000	5 283 000	3 325 000	1 644 000
Total Equity and Debt	1 183 000	987 000	941 000	194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 156 000	1 530 000	1 259 000	1 403 000
Other Income	1 751 000	490 000	300 000	1 442 000
Revenue	17 907 000	2 020 000	1 559 000	2 846 000
Cost of Goods Sold	9 137 000	1 050 000	905 000	856 000
Salary Costs	3 312 000	1 274 000	601 000	663 000
Depreciation	35 000	20 000	44 000	146 000
Impairment	0	0	0	0
Expenditure	17 416 000	3 736 000	2 410 000	3 200 000
Operating Profit	546 000	−1 715 000	−852 000	−354 000
Financial Income	38 000	0	142 000	42 000
Financial Costs	83 000	207 000	228 000	440 000
Financial Balance	−45 000	−207 000	−86 000	−398 000
Dividends	0	0	0	0
Net Income	501 000	−1 922 000	−938 000	−752 000

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	96 000	73 000	14 000	38 000
Total Tangible Assets	96 000	73 000	14 000	38 000
Total Fiancial Fixed Assets	36 000	36 000	36 000	42 000
Total Fixed Assets	132 000	109 000	50 000	80 000
Stock	425 000	577 000	734 000	0
Total Investments	0	0	0	0
Cash, Bank	127 000	81 000	21 000	12 000
Total Current Assets	1 051 000	878 000	892 000	114 000
Total Assets	1 183 000	987 000	941 000	194 000
Total Equity	−3 935 000	−4 436 000	−2 513 000	−1 576 000
Short-Term Group Debt	530 000	350 000	0	0
Total Long-Term Debt	53 000	140 000	130 000	125 000
Creditors	3 253 000	2 346 000	2 160 000	993 000
Unpaid Taxes	593 000	99 000	50 000	27 000
Dividends	0	0	0	0
Other Current Debt	659 000	2 412 000	1 063 000	525 000
Total Current Debt	5 066 000	5 283 000	3 325 000	1 644 000
Total Equity and Debt	1 183 000	987 000	941 000	194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,73 %	43,33 %	37,33 %	47,72 %
Debt-to-Equity Ratio	−0,01	−0,03	−0,05	−0,08
Operating Profit Margin	3,05 %	−84,9 %	−54,65 %	−12,44 %
Current Ratio	0,21	0,17	0,27	0,07
Quick Ratio	0,23	0,19	0,34	0,07
Equity Ratio	−3,33	−4,49	−2,67	−8,12
Gross Profit Margin	48,98 %	48,02 %	41,95 %	69,92 %