JOINT VENTURE SRBG-VNG ANS

8514 NARVIK

Finances

Share Ownership

Return on Equity

67,54 %

Current Ratio

0,8

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	167 000	20 043 000	68 223 000
Net Income	−5 122 000	−826 000	13 237 000	−6 168 000
Total Assets	30 691 000	31 232 000	34 984 000	105 651 000
Total Equity	−7 584 000	−2 461 000	−1 636 000	−14 873 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	167 000	20 043 000	68 223 000
Expenditure	698 000	994 000	6 285 000	74 276 000
Operating Profit	−698 000	−826 000	13 758 000	−6 053 000
Financial Income	0	0	714 000	63 000
Financial Costs	4 424 000	0	1 235 000	178 000
Financial Balance	−4 424 000	0	−521 000	−115 000
Earnings Before Tax	−5 122 000	−826 000	13 237 000	−6 168 000
Tax	0	0	0	0
Net Income	−5 122 000	−826 000	13 237 000	−6 168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	30 691 000	31 232 000	34 984 000	105 651 000
Total Assets	30 691 000	31 232 000	34 984 000	105 651 000
Total Retained Equity	−7 584 000	−2 461 000	−1 636 000	−14 873 000
Total Equity	−7 584 000	−2 461 000	−1 636 000	−14 873 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	38 275 000	33 693 000	36 620 000	120 524 000
Total Equity and Debt	30 691 000	31 232 000	34 984 000	105 651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	167 000	20 043 000	68 223 000
Other Income	0	0	0	0
Revenue	0	167 000	20 043 000	68 223 000
Cost of Goods Sold	0	146 000	6 041 000	71 072 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	698 000	994 000	6 285 000	74 276 000
Operating Profit	−698 000	−826 000	13 758 000	−6 053 000
Financial Income	0	0	714 000	63 000
Financial Costs	4 424 000	0	1 235 000	178 000
Financial Balance	−4 424 000	0	−521 000	−115 000
Dividends	0	0	0	0
Net Income	−5 122 000	−826 000	13 237 000	−6 168 000

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	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	30 596 000	30 888 000	5 756 000	11 345 000
Total Current Assets	30 691 000	31 232 000	34 984 000	105 651 000
Total Assets	30 691 000	31 232 000	34 984 000	105 651 000
Total Equity	−7 584 000	−2 461 000	−1 636 000	−14 873 000
Short-Term Group Debt	3 940 000	3 940 000	6 337 000	43 876 000
Total Long-Term Debt	0	0	0	0
Creditors	34 151 000	29 689 000	30 283 000	34 898 000
Unpaid Taxes	64 000	64 000	0	0
Dividends	0	0	0	0
Other Current Debt	120 000	0	0	41 749 000
Total Current Debt	38 275 000	33 693 000	36 620 000	120 524 000
Total Equity and Debt	30 691 000	31 232 000	34 984 000	105 651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,54 %	33,56 %	−809,11 %	41,47 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	−494,61 %	68,64 %	−8,87 %
Current Ratio	0,8	0,93	0,96	0,88
Quick Ratio	0,8	0,93	0,96	0,88
Equity Ratio	−0,25	−0,08	−0,05	−0,14
Gross Profit Margin	-	12,57 %	69,86 %	−4,18 %