NORDIC LIGHT NORWAY AS

0276 OSLO

Finances

Share Ownership

Return on Equity

179,42 %

Current Ratio

0,17

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 000	94 000	0	785 000
Net Income	−3 278 000	−2 014 000	−1 902 000	−5 102 000
Total Assets	4 403 000	3 136 000	1 979 000	1 767 000
Total Equity	−1 827 000	1 451 000	1 775 000	427 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 000	94 000	0	785 000
Expenditure	3 144 000	2 077 000	1 883 000	5 898 000
Operating Profit	−3 228 000	−2 000 000	−1 883 000	−5 113 000
Financial Income	−1 000	3 000	0	12 000
Financial Costs	49 000	17 000	19 000	1 000
Financial Balance	−50 000	−14 000	−19 000	11 000
Earnings Before Tax	−3 278 000	−2 014 000	−1 902 000	−5 102 000
Tax	0	0	0	0
Net Income	−3 278 000	−2 014 000	−1 902 000	−5 102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 336 000	2 231 000	736 000	455 000
Total Current Assets	1 067 000	905 000	1 243 000	1 313 000
Total Assets	4 403 000	3 136 000	1 979 000	1 767 000
Total Retained Equity	−3 278 000	0	0	0
Total Equity	−1 827 000	1 451 000	1 775 000	427 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 230 000	1 686 000	204 000	1 340 000
Total Equity and Debt	4 403 000	3 136 000	1 979 000	1 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000	94 000	0	785 000
Other Income	0	0	0	0
Revenue	3 000	94 000	0	785 000
Cost of Goods Sold	40 000	152 000	28 000	700 000
Salary Costs	1 823 000	1 272 000	1 022 000	2 341 000
Depreciation	50 000	32 000	49 000	60 000
Impairment	0	0	0	0
Expenditure	3 144 000	2 077 000	1 883 000	5 898 000
Operating Profit	−3 228 000	−2 000 000	−1 883 000	−5 113 000
Financial Income	−1 000	3 000	0	12 000
Financial Costs	49 000	17 000	19 000	1 000
Financial Balance	−50 000	−14 000	−19 000	11 000
Dividends	0	0	0	0
Net Income	−3 278 000	−2 014 000	−1 902 000	−5 102 000

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	79 000	129 000	161 000	210 000
Fixtures	0	0	0	0
Total Tangible Assets	79 000	129 000	161 000	210 000
Total Fiancial Fixed Assets	3 257 000	2 103 000	575 000	244 000
Total Fixed Assets	3 336 000	2 231 000	736 000	455 000
Stock	182 000	268 000	367 000	0
Total Investments	0	0	0	0
Cash, Bank	628 000	358 000	502 000	475 000
Total Current Assets	1 067 000	905 000	1 243 000	1 313 000
Total Assets	4 403 000	3 136 000	1 979 000	1 767 000
Total Equity	−1 827 000	1 451 000	1 775 000	427 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	272 000	118 000	16 000	−5 000
Unpaid Taxes	144 000	72 000	44 000	116 000
Dividends	0	0	0	0
Other Current Debt	5 038 000	1 495 000	144 000	1 229 000
Total Current Debt	6 230 000	1 686 000	204 000	1 340 000
Total Equity and Debt	4 403 000	3 136 000	1 979 000	1 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	179,42 %	−138,8 %	−107,15 %	−1 194,85 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−107 600 %	−2 127,66 %	-	−651,34 %
Current Ratio	0,17	0,54	6,09	0,98
Quick Ratio	0,18	0,64	−7,63	0,98
Equity Ratio	−0,41	0,46	0,9	0,24
Gross Profit Margin	−1 233,33 %	−61,7 %	-	10,83 %