NOTIA FOUNDATION AS

4827 FROLANDS VERK

Finances

Return on Equity

7,76 %

Current Ratio

2,89

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	460 000	284 000	12 000	14 000
Net Income	19 000	−45 000	−2 000	3 000
Total Assets	658 000	549 000	258 000	221 000
Total Equity	245 000	144 000	−96 000	−130 000

Income (NOK)	2022	2021	2020	2019
Revenue	460 000	284 000	12 000	14 000
Expenditure	440 000	347 000	12 000	12 000
Operating Profit	20 000	−63 000	1 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	20 000	−63 000	1 000	3 000
Tax	1 000	−14 000	0	0
Net Income	19 000	−45 000	−2 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	447 000	391 000	124 000	98 000
Total Current Assets	211 000	158 000	133 000	123 000
Total Assets	658 000	549 000	258 000	221 000
Total Retained Equity	191 000	90 000	−150 000	−184 000
Total Equity	245 000	144 000	−96 000	−130 000
Total Long-Term Debt	340 000	340 000	340 000	0
Total Current Debt	73 000	65 000	13 000	350 000
Total Equity and Debt	658 000	549 000	258 000	221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	460 000	284 000	12 000	14 000
Other Income	0	0	0	0
Revenue	460 000	284 000	12 000	14 000
Cost of Goods Sold	68 000	76 000	0	0
Salary Costs	82 000	65 000	0	0
Depreciation	35 000	13 000	7 000	8 000
Impairment	0	0	0	0
Expenditure	440 000	347 000	12 000	12 000
Operating Profit	20 000	−63 000	1 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	19 000	−45 000	−2 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	52 000	33 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	69 000	0	0	0
Fixtures	296 000	310 000	61 000	68 000
Total Tangible Assets	366 000	310 000	61 000	68 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	447 000	391 000	124 000	98 000
Stock	23 000	80 000	0	0
Total Investments	0	0	0	0
Cash, Bank	−103 000	−43 000	12 000	8 000
Total Current Assets	211 000	158 000	133 000	123 000
Total Assets	658 000	549 000	258 000	221 000
Total Equity	245 000	144 000	−96 000	−130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	340 000	340 000	340 000	0
Creditors	35 000	52 000	9 000	8 000
Unpaid Taxes	0	0	5 000	2 000
Dividends	0	0	0	0
Other Current Debt	38 000	13 000	0	340 000
Total Current Debt	73 000	65 000	13 000	350 000
Total Equity and Debt	658 000	549 000	258 000	221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,76 %	−31,25 %	2,08 %	−2,31 %
Debt-to-Equity Ratio	1,39	2,36	−3,54	−0
Operating Profit Margin	4,35 %	−22,18 %	8,33 %	21,43 %
Current Ratio	2,89	2,43	10,23	0,35
Quick Ratio	4,22	−10,53	10,23	0,35
Equity Ratio	0,37	0,26	−0,37	−0,59
Gross Profit Margin	85,22 %	73,24 %	100 %	100 %