NES FIRCROFT HOLDINGS NORWAY AS

4313 SANDNES

Finances

Return on Equity

2,05 %

Current Ratio

55,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	59 000
Net Income	831 000	334 000	882 000	22 265 000
Total Assets	40 860 000	48 628 000	98 813 000	47 785 000
Total Equity	40 576 000	39 745 000	48 148 000	47 267 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	59 000
Expenditure	214 000	452 000	243 000	17 000
Operating Profit	−214 000	−452 000	−243 000	42 000
Financial Income	1 279 000	880 000	2 408 000	22 905 000
Financial Costs	0	0	1 035 000	674 000
Financial Balance	1 279 000	880 000	1 373 000	22 231 000
Earnings Before Tax	1 065 000	428 000	1 130 000	22 274 000
Tax	234 000	94 000	249 000	9 000
Net Income	831 000	334 000	882 000	22 265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000 000	25 000 000	25 000 000	25 000 000
Total Current Assets	15 860 000	23 628 000	73 813 000	22 785 000
Total Assets	40 860 000	48 628 000	98 813 000	47 785 000
Total Retained Equity	15 576 000	14 745 000	23 148 000	22 267 000
Total Equity	40 576 000	39 745 000	48 148 000	47 267 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	285 000	8 882 000	50 664 000	518 000
Total Equity and Debt	40 861 000	48 628 000	98 813 000	47 785 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	59 000
Revenue	0	0	0	59 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	214 000	452 000	243 000	17 000
Operating Profit	−214 000	−452 000	−243 000	42 000
Financial Income	1 279 000	880 000	2 408 000	22 905 000
Financial Costs	0	0	1 035 000	674 000
Financial Balance	1 279 000	880 000	1 373 000	22 231 000
Dividends	0	0	0	0
Net Income	831 000	334 000	882 000	22 265 000

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	25 000 000	25 000 000	25 000 000	25 000 000
Total Fixed Assets	25 000 000	25 000 000	25 000 000	25 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 000	167 000	7 000	0
Total Current Assets	15 860 000	23 628 000	73 813 000	22 785 000
Total Assets	40 860 000	48 628 000	98 813 000	47 785 000
Total Equity	40 576 000	39 745 000	48 148 000	47 267 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	51 000	51 000	50 416 000	509 000
Total Current Debt	285 000	8 882 000	50 664 000	518 000
Total Equity and Debt	40 861 000	48 628 000	98 813 000	47 785 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,05 %	0,84 %	1,83 %	47,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	71,19 %
Current Ratio	55,65	2,66	1,46	43,99
Quick Ratio	55,65	2,66	1,46	43,99
Equity Ratio	0,99	0,82	0,49	0,99
Gross Profit Margin	-	-	-	100 %