NORTHGLOBE AS

2005 RÆLINGEN

Finances

Share Ownership

Return on Equity

23,54 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 026 000	56 719 000	26 115 000	13 417 000
Net Income	593 000	1 696 000	721 000	−145 000
Total Assets	5 522 000	7 136 000	4 017 000	3 724 000
Total Equity	2 519 000	1 926 000	230 000	−491 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 026 000	56 719 000	26 115 000	13 417 000
Expenditure	51 193 000	54 515 000	25 346 000	13 545 000
Operating Profit	833 000	2 204 000	770 000	−128 000
Financial Income	20 000	27 000	49 000	8 000
Financial Costs	93 000	193 000	97 000	25 000
Financial Balance	−73 000	−166 000	−48 000	−17 000
Earnings Before Tax	760 000	2 037 000	721 000	−145 000
Tax	167 000	342 000	0	0
Net Income	593 000	1 696 000	721 000	−145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 000	238 000	69 000	75 000
Total Current Assets	5 383 000	6 898 000	3 949 000	3 649 000
Total Assets	5 522 000	7 136 000	4 017 000	3 724 000
Total Retained Equity	2 144 000	1 551 000	−145 000	−866 000
Total Equity	2 519 000	1 926 000	230 000	−491 000
Total Long-Term Debt	0	0	1 200 000	1 493 000
Total Current Debt	3 004 000	5 210 000	2 587 000	2 722 000
Total Equity and Debt	5 522 000	7 136 000	4 017 000	3 724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 012 000	56 667 000	26 212 000	13 304 000
Other Income	14 000	52 000	−97 000	114 000
Revenue	52 026 000	56 719 000	26 115 000	13 417 000
Cost of Goods Sold	44 975 000	49 390 000	22 479 000	10 943 000
Salary Costs	2 403 000	2 152 000	1 203 000	960 000
Depreciation	71 000	86 000	31 000	36 000
Impairment	0	0	0	0
Expenditure	51 193 000	54 515 000	25 346 000	13 545 000
Operating Profit	833 000	2 204 000	770 000	−128 000
Financial Income	20 000	27 000	49 000	8 000
Financial Costs	93 000	193 000	97 000	25 000
Financial Balance	−73 000	−166 000	−48 000	−17 000
Dividends	0	0	0	0
Net Income	593 000	1 696 000	721 000	−145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	11 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	80 000	227 000	69 000	75 000
Total Tangible Assets	80 000	227 000	69 000	75 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	139 000	238 000	69 000	75 000
Stock	1 483 000	1 774 000	1 313 000	1 447 000
Total Investments	0	0	0	0
Cash, Bank	2 616 000	326 000	929 000	235 000
Total Current Assets	5 383 000	6 898 000	3 949 000	3 649 000
Total Assets	5 522 000	7 136 000	4 017 000	3 724 000
Total Equity	2 519 000	1 926 000	230 000	−491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 200 000	1 493 000
Creditors	1 785 000	2 163 000	1 477 000	2 607 000
Unpaid Taxes	340 000	1 795 000	920 000	50 000
Dividends	0	0	0	0
Other Current Debt	311 000	899 000	191 000	65 000
Total Current Debt	3 004 000	5 210 000	2 587 000	2 722 000
Total Equity and Debt	5 522 000	7 136 000	4 017 000	3 724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,54 %	88,06 %	313,48 %	29,53 %
Debt-to-Equity Ratio	0	0	5,22	−3,04
Operating Profit Margin	1,6 %	3,89 %	2,95 %	−0,95 %
Current Ratio	1,79	1,32	1,53	1,34
Quick Ratio	3,54	2,01	3,1	2,86
Equity Ratio	0,46	0,27	0,06	−0,13
Gross Profit Margin	13,55 %	12,92 %	13,92 %	18,44 %