NORDIC ACCOUNTING AS

0155 OSLO

Finances

Share Ownership

Return on Equity

−1 094,12 %

Current Ratio

0,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 021 000	3 091 000	3 769 000	4 444 000
Net Income	−186 000	−223 000	−117 000	−99 000
Total Assets	863 000	761 000	904 000	1 124 000
Total Equity	17 000	202 000	276 000	392 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 021 000	3 091 000	3 769 000	4 444 000
Expenditure	5 242 000	3 391 000	3 975 000	4 486 000
Operating Profit	−221 000	−299 000	−207 000	−43 000
Financial Income	7 000	26 000	18 000	15 000
Financial Costs	24 000	13 000	35 000	72 000
Financial Balance	−17 000	13 000	−17 000	−57 000
Earnings Before Tax	−238 000	−286 000	−223 000	−99 000
Tax	−52 000	−63 000	−106 000	0
Net Income	−186 000	−223 000	−117 000	−99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	221 000	169 000	144 000	98 000
Total Current Assets	642 000	592 000	760 000	1 026 000
Total Assets	863 000	761 000	904 000	1 124 000
Total Retained Equity	−524 000	−338 000	−115 000	2 000
Total Equity	17 000	202 000	276 000	392 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	846 000	558 000	628 000	732 000
Total Equity and Debt	863 000	761 000	904 000	1 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 015 000	3 091 000	3 769 000	4 444 000
Other Income	7 000	0	0	0
Revenue	5 021 000	3 091 000	3 769 000	4 444 000
Cost of Goods Sold	2 318 000	0	0	0
Salary Costs	2 007 000	824 000	753 000	977 000
Depreciation	0	38 000	60 000	60 000
Impairment	0	0	0	0
Expenditure	5 242 000	3 391 000	3 975 000	4 486 000
Operating Profit	−221 000	−299 000	−207 000	−43 000
Financial Income	7 000	26 000	18 000	15 000
Financial Costs	24 000	13 000	35 000	72 000
Financial Balance	−17 000	13 000	−17 000	−57 000
Dividends	0	0	0	0
Net Income	−186 000	−223 000	−117 000	−99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	221 000	169 000	106 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	38 000	98 000
Total Tangible Assets	0	0	38 000	98 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	221 000	169 000	144 000	98 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	175 000	161 000	330 000
Total Current Assets	642 000	592 000	760 000	1 026 000
Total Assets	863 000	761 000	904 000	1 124 000
Total Equity	17 000	202 000	276 000	392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	263 000	223 000	300 000	571 000
Unpaid Taxes	365 000	235 000	113 000	65 000
Dividends	0	0	0	0
Other Current Debt	218 000	100 000	216 000	95 000
Total Current Debt	846 000	558 000	628 000	732 000
Total Equity and Debt	863 000	761 000	904 000	1 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 094,12 %	−110,4 %	−42,39 %	−25,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,4 %	−9,67 %	−5,49 %	−0,97 %
Current Ratio	0,76	1,06	1,21	1,4
Quick Ratio	0,76	1,06	1,21	1,4
Equity Ratio	0,02	0,27	0,31	0,35
Gross Profit Margin	53,83 %	100 %	100 %	100 %