NORDIC MANAGEMENT INSTITUTE AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

119,31 %

Current Ratio

0,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	682 000	266 000	119 000	543 000
Net Income	482 000	215 000	−54 000	188 000
Total Assets	757 000	2 000	0	17 000
Total Equity	404 000	−78 000	−292 000	−238 000

Income (NOK)	2022	2021	2020	2019
Revenue	682 000	266 000	119 000	543 000
Expenditure	78 000	52 000	172 000	355 000
Operating Profit	604 000	215 000	−54 000	188 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	604 000	215 000	−54 000	188 000
Tax	122 000	0	0	0
Net Income	482 000	215 000	−54 000	188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	673 000	0	0	0
Total Current Assets	84 000	2 000	0	17 000
Total Assets	757 000	2 000	0	17 000
Total Retained Equity	374 000	−102 000	−317 000	−263 000
Total Equity	404 000	−78 000	−292 000	−238 000
Total Long-Term Debt	0	−27 000	70 000	0
Total Current Debt	353 000	106 000	222 000	256 000
Total Equity and Debt	757 000	2 000	0	17 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	682 000	266 000	119 000	543 000
Other Income	0	0	0	0
Revenue	682 000	266 000	119 000	543 000
Cost of Goods Sold	0	0	2 000	0
Salary Costs	0	0	128 000	297 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	78 000	52 000	172 000	355 000
Operating Profit	604 000	215 000	−54 000	188 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	482 000	215 000	−54 000	188 000

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	673 000	0	0	0
Total Fixed Assets	673 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	2 000	0	17 000
Total Current Assets	84 000	2 000	0	17 000
Total Assets	757 000	2 000	0	17 000
Total Equity	404 000	−78 000	−292 000	−238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−27 000	70 000	0
Creditors	0	−50 000	0	3 000
Unpaid Taxes	83 000	9 000	99 000	130 000
Dividends	0	0	0	0
Other Current Debt	148 000	147 000	124 000	123 000
Total Current Debt	353 000	106 000	222 000	256 000
Total Equity and Debt	757 000	2 000	0	17 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,31 %	−275,64 %	18,49 %	−78,99 %
Debt-to-Equity Ratio	0	0,35	−0,24	−0
Operating Profit Margin	88,56 %	80,83 %	−45,38 %	34,62 %
Current Ratio	0,24	0,02	0	0,07
Quick Ratio	0,24	0,02	0	0,07
Equity Ratio	0,53	−39	-	−14
Gross Profit Margin	100 %	100 %	98,32 %	100 %