TRUENORTH HOLDING AS

1404 SIGGERUD

Finances

Return on Equity

98,08 %

Current Ratio

4,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	716 000	585 000	597 000	95 000
Total Assets	874 000	702 000	661 000	214 000
Total Equity	730 000	414 000	79 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	8 000	10 000	29 000	75 000
Operating Profit	−8 000	−10 000	−28 000	−75 000
Financial Income	925 000	724 000	688 000	170 000
Financial Costs	201 000	128 000	63 000	0
Financial Balance	724 000	596 000	625 000	170 000
Earnings Before Tax	716 000	585 000	597 000	95 000
Tax	0	0	0	0
Net Income	716 000	585 000	597 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	225 000	346 000	210 000
Total Current Assets	649 000	477 000	315 000	4 000
Total Assets	874 000	702 000	661 000	214 000
Total Retained Equity	690 000	374 000	39 000	0
Total Equity	730 000	414 000	79 000	40 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	144 000	287 000	582 000	174 000
Total Equity and Debt	874 000	702 000	661 000	214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	22 000	24 000
Impairment	0	0	0	0
Expenditure	8 000	10 000	29 000	75 000
Operating Profit	−8 000	−10 000	−28 000	−75 000
Financial Income	925 000	724 000	688 000	170 000
Financial Costs	201 000	128 000	63 000	0
Financial Balance	724 000	596 000	625 000	170 000
Dividends	400 000	250 000	558 000	150 000
Net Income	716 000	585 000	597 000	95 000

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	0	0	0	22 000
Total Tangible Assets	0	0	0	22 000
Total Fiancial Fixed Assets	225 000	225 000	346 000	188 000
Total Fixed Assets	225 000	225 000	346 000	210 000
Stock	0	0	0	0
Total Investments	0	463 000	306 000	0
Cash, Bank	649 000	14 000	10 000	4 000
Total Current Assets	649 000	477 000	315 000	4 000
Total Assets	874 000	702 000	661 000	214 000
Total Equity	730 000	414 000	79 000	40 000
Short-Term Group Debt	7 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	14 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	400 000	250 000	558 000	150 000
Other Current Debt	37 000	37 000	10 000	10 000
Total Current Debt	144 000	287 000	582 000	174 000
Total Equity and Debt	874 000	702 000	661 000	214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,08 %	141,3 %	755,7 %	237,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	4,51	1,66	0,54	0,02
Quick Ratio	4,51	1,66	0,54	0,02
Equity Ratio	0,84	0,59	0,12	0,19
Gross Profit Margin	-	-	-	-