NORSK FIBER AS

0275 OSLO

Finances

Share Ownership

Return on Equity

121,74 %

Current Ratio

0,52

Debt-to-Equity Ratio

−0,23

Key figures (NOK)	2021	2020	2019	2018
Revenue	13 510 000	7 487 000	13 597 000	13 135 000
Net Income	−2 481 000	−1 168 000	−421 000	370 000
Total Assets	2 899 000	1 640 000	3 327 000	8 182 000
Total Equity	−2 038 000	443 000	1 611 000	374 000

Income (NOK)	2021	2020	2019	2018
Revenue	13 510 000	7 487 000	13 597 000	13 135 000
Expenditure	15 935 000	8 832 000	13 694 000	12 414 000
Operating Profit	−2 425 000	−1 344 000	−97 000	720 000
Financial Income	0	0	1 000	68 000
Financial Costs	57 000	56 000	12 000	4 000
Financial Balance	−57 000	−56 000	−11 000	64 000
Earnings Before Tax	−2 481 000	−1 400 000	−108 000	784 000
Tax	0	−232 000	312 000	414 000
Net Income	−2 481 000	−1 168 000	−421 000	370 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	595 000	165 000	345 000	665 000
Total Current Assets	2 304 000	1 475 000	2 982 000	7 517 000
Total Assets	2 899 000	1 640 000	3 327 000	8 182 000
Total Retained Equity	−2 065 000	416 000	1 584 000	347 000
Total Equity	−2 038 000	443 000	1 611 000	374 000
Total Long-Term Debt	467 000	0	0	0
Total Current Debt	4 471 000	1 197 000	1 716 000	7 808 000
Total Equity and Debt	2 899 000	1 640 000	3 327 000	8 182 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	13 510 000	7 766 000	13 161 000	13 262 000
Other Income	0	−280 000	435 000	−126 000
Revenue	13 510 000	7 487 000	13 597 000	13 135 000
Cost of Goods Sold	1 956 000	4 700 000	9 451 000	7 764 000
Salary Costs	10 418 000	1 158 000	886 000	231 000
Depreciation	70 000	53 000	320 000	329 000
Impairment	0	0	0	0
Expenditure	15 935 000	8 832 000	13 694 000	12 414 000
Operating Profit	−2 425 000	−1 344 000	−97 000	720 000
Financial Income	0	0	1 000	68 000
Financial Costs	57 000	56 000	12 000	4 000
Financial Balance	−57 000	−56 000	−11 000	64 000
Dividends	0	0	0	0
Net Income	−2 481 000	−1 168 000	−421 000	370 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	71 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	235 000	105 000	334 000	594 000
Total Tangible Assets	235 000	105 000	334 000	594 000
Total Fiancial Fixed Assets	360 000	60 000	0	0
Total Fixed Assets	595 000	165 000	345 000	665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 247 000	181 000	452 000	818 000
Total Current Assets	2 304 000	1 475 000	2 982 000	7 517 000
Total Assets	2 899 000	1 640 000	3 327 000	8 182 000
Total Equity	−2 038 000	443 000	1 611 000	374 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	467 000	0	0	0
Creditors	1 100 000	165 000	173 000	259 000
Unpaid Taxes	1 323 000	661 000	395 000	11 000
Dividends	0	0	0	0
Other Current Debt	2 047 000	371 000	630 000	7 007 000
Total Current Debt	4 471 000	1 197 000	1 716 000	7 808 000
Total Equity and Debt	2 899 000	1 640 000	3 327 000	8 182 000

Financial indicators	2021	2020	2019	2018
Return on Equity	121,74 %	−263,66 %	−26,13 %	98,93 %
Debt-to-Equity Ratio	−0,23	0	0	0
Operating Profit Margin	−17,95 %	−17,95 %	−0,71 %	5,48 %
Current Ratio	0,52	1,23	1,74	0,96
Quick Ratio	0,52	1,23	1,74	0,96
Equity Ratio	−0,7	0,27	0,48	0,05
Gross Profit Margin	85,52 %	37,22 %	30,49 %	40,89 %