NORCORR AS

7030 TRONDHEIM

Finances

Share Ownership

Return on Equity

15,79 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	0	0	0
Net Income	−6 000	−9 000	−13 000	−17 000
Total Assets	26 000	25 000	30 000	43 000
Total Equity	−38 000	−32 000	−23 000	−11 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	0	0	0
Expenditure	12 000	12 000	16 000	21 000
Operating Profit	−7 000	−12 000	−16 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−7 000	−12 000	−16 000	−21 000
Tax	−2 000	−3 000	−4 000	−5 000
Net Income	−6 000	−9 000	−13 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	23 000	20 000	16 000
Total Current Assets	2 000	2 000	10 000	26 000
Total Assets	26 000	25 000	30 000	43 000
Total Retained Equity	−63 000	−57 000	−48 000	−35 000
Total Equity	−38 000	−32 000	−23 000	−11 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	64 000	57 000	54 000	54 000
Total Equity and Debt	26 000	25 000	30 000	43 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	0	0	0
Other Income	0	0	0	0
Revenue	5 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 000	12 000	16 000	21 000
Operating Profit	−7 000	−12 000	−16 000	−21 000
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	−6 000	−9 000	−13 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	23 000	20 000	16 000
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	0	0	0	0
Total Fixed Assets	24 000	23 000	20 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	2 000	10 000	26 000
Total Current Assets	2 000	2 000	10 000	26 000
Total Assets	26 000	25 000	30 000	43 000
Total Equity	−38 000	−32 000	−23 000	−11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	62 000	57 000	54 000	54 000
Total Current Debt	64 000	57 000	54 000	54 000
Total Equity and Debt	26 000	25 000	30 000	43 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,79 %	28,13 %	56,52 %	154,55 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−140 %	-	-	-
Current Ratio	0,03	0,04	0,19	0,48
Quick Ratio	0,03	0,04	0,19	0,48
Equity Ratio	−1,46	−1,28	−0,77	−0,26
Gross Profit Margin	100 %	-	-	-