NORDICCAD AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−9,82 %

Current Ratio

3,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 725 000	721 000	0	21 000
Net Income	−136 000	−182 000	−827 000	−55 000
Total Assets	1 883 000	820 000	843 000	1 015 000
Total Equity	1 385 000	103 000	285 000	463 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 725 000	721 000	0	21 000
Expenditure	2 838 000	866 000	797 000	68 000
Operating Profit	−114 000	−145 000	−797 000	−46 000
Financial Income	0	0	0	0
Financial Costs	22 000	36 000	30 000	9 000
Financial Balance	−22 000	−36 000	−30 000	−9 000
Earnings Before Tax	−136 000	−182 000	−827 000	−55 000
Tax	0	0	0	0
Net Income	−136 000	−182 000	−827 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	284 000	569 000	853 000
Total Current Assets	1 829 000	536 000	274 000	162 000
Total Assets	1 883 000	820 000	843 000	1 015 000
Total Retained Equity	−1 223 000	−1 087 000	−905 000	−77 000
Total Equity	1 385 000	103 000	285 000	463 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	498 000	717 000	558 000	552 000
Total Equity and Debt	1 883 000	820 000	843 000	1 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 400 000	71 000	0	21 000
Other Income	325 000	650 000	0	0
Revenue	2 725 000	721 000	0	21 000
Cost of Goods Sold	0	0	0	−853 000
Salary Costs	1 153 000	366 000	437 000	451 000
Depreciation	305 000	284 000	284 000	0
Impairment	0	0	0	0
Expenditure	2 838 000	866 000	797 000	68 000
Operating Profit	−114 000	−145 000	−797 000	−46 000
Financial Income	0	0	0	0
Financial Costs	22 000	36 000	30 000	9 000
Financial Balance	−22 000	−36 000	−30 000	−9 000
Dividends	0	0	0	0
Net Income	−136 000	−182 000	−827 000	−55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	284 000	569 000	853 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	0	0	0
Total Tangible Assets	54 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	284 000	569 000	853 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	698 000	15 000	24 000	39 000
Total Current Assets	1 829 000	536 000	274 000	162 000
Total Assets	1 883 000	820 000	843 000	1 015 000
Total Equity	1 385 000	103 000	285 000	463 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	129 000	36 000	27 000	19 000
Unpaid Taxes	229 000	64 000	78 000	101 000
Dividends	0	0	0	0
Other Current Debt	141 000	39 000	203 000	117 000
Total Current Debt	498 000	717 000	558 000	552 000
Total Equity and Debt	1 883 000	820 000	843 000	1 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,82 %	−176,7 %	−290,18 %	−11,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,18 %	−20,11 %	-	−219,05 %
Current Ratio	3,67	0,75	0,49	0,29
Quick Ratio	3,67	0,75	0,49	0,29
Equity Ratio	0,74	0,13	0,34	0,46
Gross Profit Margin	100 %	100 %	-	4 161,9 %