NORDCLOUD AS

0250 OSLO

Finances

Share Ownership

Return on Equity

44,34 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 022 000	26 792 000	19 294 000	18 455 000
Net Income	1 534 000	492 000	458 000	475 000
Total Assets	43 434 000	9 537 000	5 179 000	9 243 000
Total Equity	3 460 000	1 925 000	1 433 000	975 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 022 000	26 792 000	19 294 000	18 455 000
Expenditure	59 917 000	26 127 000	18 715 000	17 913 000
Operating Profit	2 105 000	664 000	579 000	542 000
Financial Income	1 000	9 000	35 000	3 000
Financial Costs	138 000	0	24 000	7 000
Financial Balance	−137 000	9 000	11 000	−4 000
Earnings Before Tax	1 968 000	673 000	590 000	538 000
Tax	434 000	181 000	132 000	63 000
Net Income	1 534 000	492 000	458 000	475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	351 000	268 000	35 000	54 000
Total Current Assets	43 083 000	9 269 000	5 143 000	9 190 000
Total Assets	43 434 000	9 537 000	5 179 000	9 243 000
Total Retained Equity	3 387 000	1 853 000	1 361 000	903 000
Total Equity	3 460 000	1 925 000	1 433 000	975 000
Total Long-Term Debt	1 000	8 000	0	4 000
Total Current Debt	39 974 000	7 604 000	3 745 000	8 263 000
Total Equity and Debt	43 434 000	9 537 000	5 179 000	9 243 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 247 000	26 792 000	19 294 000	18 455 000
Other Income	17 774 000	0	0	0
Revenue	62 022 000	26 792 000	19 294 000	18 455 000
Cost of Goods Sold	24 265 000	14 436 000	14 245 000	8 169 000
Salary Costs	26 404 000	9 687 000	2 518 000	6 615 000
Depreciation	162 000	54 000	40 000	39 000
Impairment	0	0	0	0
Expenditure	59 917 000	26 127 000	18 715 000	17 913 000
Operating Profit	2 105 000	664 000	579 000	542 000
Financial Income	1 000	9 000	35 000	3 000
Financial Costs	138 000	0	24 000	7 000
Financial Balance	−137 000	9 000	11 000	−4 000
Dividends	0	0	0	0
Net Income	1 534 000	492 000	458 000	475 000

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	351 000	268 000	35 000	54 000
Total Tangible Assets	351 000	268 000	35 000	54 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	351 000	268 000	35 000	54 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 861 000	3 611 000	2 979 000	5 299 000
Total Current Assets	43 083 000	9 269 000	5 143 000	9 190 000
Total Assets	43 434 000	9 537 000	5 179 000	9 243 000
Total Equity	3 460 000	1 925 000	1 433 000	975 000
Short-Term Group Debt	30 547 000	480 000	0	607 000
Total Long-Term Debt	1 000	8 000	0	4 000
Creditors	817 000	581 000	2 408 000	6 346 000
Unpaid Taxes	3 631 000	2 317 000	980 000	1 117 000
Dividends	0	0	0	0
Other Current Debt	4 538 000	4 053 000	220 000	134 000
Total Current Debt	39 974 000	7 604 000	3 745 000	8 263 000
Total Equity and Debt	43 434 000	9 537 000	5 179 000	9 243 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,34 %	25,56 %	31,96 %	48,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,39 %	2,48 %	3 %	2,94 %
Current Ratio	1,08	1,22	1,37	1,11
Quick Ratio	1,08	1,22	1,37	1,11
Equity Ratio	0,08	0,2	0,28	0,11
Gross Profit Margin	60,88 %	46,12 %	26,17 %	55,74 %