NORSEMAN TRADING AS

6639 TORVIKBUKT

Finances

Return on Equity

125,24 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	841 000	0	0	40 000
Net Income	129 000	0	−29 000	−6 000
Total Assets	370 000	0	0	3 000
Total Equity	103 000	−26 000	−26 000	3 000

Income (NOK)	2021	2019	2018
Revenue	841 000	0	40 000
Expenditure	691 000	29 000	42 000
Operating Profit	150 000	−29 000	−2 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	150 000	−29 000	−2 000
Tax	21 000	0	4 000
Net Income	129 000	−29 000	−6 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	370 000	0	0	3 000
Total Assets	370 000	0	0	3 000
Total Retained Equity	73 000	−56 000	−56 000	−27 000
Total Equity	103 000	−26 000	−26 000	3 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	267 000	26 000	26 000	0
Total Equity and Debt	370 000	0	0	3 000

Cash flow (NOK)	2021	2019	2018
Sales Income	841 000	0	40 000
Other Income	0	0	0
Revenue	841 000	0	40 000
Cost of Goods Sold	0	0	0
Salary Costs	476 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	691 000	29 000	42 000
Operating Profit	150 000	−29 000	−2 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	129 000	−29 000	−6 000

Balance details (NOK)	2021	2020	2019	2018
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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	150 000	0	0	3 000
Total Current Assets	370 000	0	0	3 000
Total Assets	370 000	0	0	3 000
Total Equity	103 000	−26 000	−26 000	3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	81 000	0	0	0
Unpaid Taxes	20 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	145 000	26 000	26 000	0
Total Current Debt	267 000	26 000	26 000	0
Total Equity and Debt	370 000	0	0	3 000

Financial indicators	2021	2020	2019	2018
Return on Equity	125,24 %	−0 %	111,54 %	−200 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	17,84 %	-	-	−5 %
Current Ratio	1,39	0	0	-
Quick Ratio	1,39	0	0	-
Equity Ratio	0,28	-	-	1
Gross Profit Margin	100 %	-	-	100 %