NORDIC CONVENIENCE GROUP AS

3408 TRANBY

Finances

Share Ownership

Return on Equity

−47,42 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 559 000	7 920 000	7 328 000	6 950 000
Net Income	−3 293 000	−2 593 000	−1 202 000	−224 000
Total Assets	14 154 000	12 256 000	9 859 000	7 246 000
Total Equity	6 945 000	6 518 000	4 311 000	2 609 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 559 000	7 920 000	7 328 000	6 950 000
Expenditure	16 562 000	11 042 000	8 553 000	8 178 000
Operating Profit	−4 003 000	−3 122 000	−1 225 000	−1 228 000
Financial Income	1 000	26 000	22 000	4 000
Financial Costs	217 000	225 000	339 000	171 000
Financial Balance	−216 000	−199 000	−317 000	−167 000
Earnings Before Tax	−4 219 000	−3 320 000	−1 542 000	−1 396 000
Tax	−927 000	−727 000	−340 000	−1 172 000
Net Income	−3 293 000	−2 593 000	−1 202 000	−224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 024 000	9 286 000	7 550 000	5 673 000
Total Current Assets	3 131 000	2 970 000	2 309 000	1 573 000
Total Assets	14 154 000	12 256 000	9 859 000	7 246 000
Total Retained Equity	−9 436 000	−6 143 000	−3 550 000	−2 260 000
Total Equity	6 945 000	6 518 000	4 311 000	2 609 000
Total Long-Term Debt	3 654 000	4 082 000	4 276 000	335 000
Total Current Debt	3 556 000	1 655 000	1 272 000	4 302 000
Total Equity and Debt	14 154 000	12 256 000	9 859 000	7 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 559 000	7 680 000	5 822 000	6 407 000
Other Income	0	240 000	1 506 000	543 000
Revenue	12 559 000	7 920 000	7 328 000	6 950 000
Cost of Goods Sold	7 137 000	4 374 000	3 156 000	3 518 000
Salary Costs	2 644 000	1 411 000	1 274 000	1 241 000
Depreciation	1 351 000	1 046 000	1 421 000	754 000
Impairment	0	0	0	0
Expenditure	16 562 000	11 042 000	8 553 000	8 178 000
Operating Profit	−4 003 000	−3 122 000	−1 225 000	−1 228 000
Financial Income	1 000	26 000	22 000	4 000
Financial Costs	217 000	225 000	339 000	171 000
Financial Balance	−216 000	−199 000	−317 000	−167 000
Dividends	0	0	0	0
Net Income	−3 293 000	−2 593 000	−1 202 000	−224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 913 000	7 898 000	6 196 000	4 604 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 111 000	1 388 000	1 304 000	1 019 000
Total Tangible Assets	1 111 000	1 388 000	1 304 000	1 019 000
Total Fiancial Fixed Assets	0	0	50 000	50 000
Total Fixed Assets	11 024 000	9 286 000	7 550 000	5 673 000
Stock	395 000	228 000	368 000	296 000
Total Investments	0	0	0	0
Cash, Bank	601 000	924 000	832 000	468 000
Total Current Assets	3 131 000	2 970 000	2 309 000	1 573 000
Total Assets	14 154 000	12 256 000	9 859 000	7 246 000
Total Equity	6 945 000	6 518 000	4 311 000	2 609 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 654 000	4 082 000	4 276 000	335 000
Creditors	800 000	453 000	296 000	222 000
Unpaid Taxes	365 000	216 000	255 000	267 000
Dividends	0	0	0	0
Other Current Debt	2 391 000	986 000	720 000	273 000
Total Current Debt	3 556 000	1 655 000	1 272 000	4 302 000
Total Equity and Debt	14 154 000	12 256 000	9 859 000	7 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,42 %	−39,78 %	−27,88 %	−8,59 %
Debt-to-Equity Ratio	0,53	0,63	0,99	0,13
Operating Profit Margin	−31,87 %	−39,42 %	−16,72 %	−17,67 %
Current Ratio	0,88	1,79	1,82	0,37
Quick Ratio	0,99	2,08	2,55	0,39
Equity Ratio	0,49	0,53	0,44	0,36
Gross Profit Margin	43,17 %	44,77 %	56,93 %	49,38 %