NORTH GROW LIGHTING AS

4362 VIGRESTAD

Finances

Share Ownership

Return on Equity

82,25 %

Current Ratio

0,96

Debt-to-Equity Ratio

−1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 230 000	0	0	0
Net Income	−658 000	−55 000	−47 000	−11 000
Total Assets	6 235 000	1 886 000	3 000	409 000
Total Equity	−800 000	−142 000	−87 000	−39 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 230 000	0	0	0
Expenditure	14 073 000	55 000	22 000	11 000
Operating Profit	−843 000	−55 000	−22 000	−11 000
Financial Income	298 000	0	0	0
Financial Costs	113 000	0	25 000	0
Financial Balance	185 000	0	−25 000	0
Earnings Before Tax	−658 000	−55 000	−47 000	−11 000
Tax	0	0	0	0
Net Income	−658 000	−55 000	−47 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	500 000	0	406 000
Total Current Assets	5 735 000	1 386 000	3 000	4 000
Total Assets	6 235 000	1 886 000	3 000	409 000
Total Retained Equity	−830 000	−172 000	−117 000	−69 000
Total Equity	−800 000	−142 000	−87 000	−39 000
Total Long-Term Debt	1 066 000	1 066 000	66 000	425 000
Total Current Debt	5 969 000	962 000	24 000	24 000
Total Equity and Debt	6 235 000	1 886 000	3 000	409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 230 000	0	0	0
Other Income	0	0	0	0
Revenue	13 230 000	0	0	0
Cost of Goods Sold	10 746 000	0	0	0
Salary Costs	1 860 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	14 073 000	55 000	22 000	11 000
Operating Profit	−843 000	−55 000	−22 000	−11 000
Financial Income	298 000	0	0	0
Financial Costs	113 000	0	25 000	0
Financial Balance	185 000	0	−25 000	0
Dividends	0	0	0	0
Net Income	−658 000	−55 000	−47 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	500 000	500 000	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	0	0	0	406 000
Total Fixed Assets	500 000	500 000	0	406 000
Stock	2 789 000	1 100 000	0	0
Total Investments	0	0	0	0
Cash, Bank	444 000	0	3 000	4 000
Total Current Assets	5 735 000	1 386 000	3 000	4 000
Total Assets	6 235 000	1 886 000	3 000	409 000
Total Equity	−800 000	−142 000	−87 000	−39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 066 000	1 066 000	66 000	425 000
Creditors	1 685 000	619 000	19 000	19 000
Unpaid Taxes	222 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 162 000	5 000	5 000	5 000
Total Current Debt	5 969 000	962 000	24 000	24 000
Total Equity and Debt	6 235 000	1 886 000	3 000	409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,25 %	38,73 %	54,02 %	28,21 %
Debt-to-Equity Ratio	−1,33	−7,51	−0,76	−10,9
Operating Profit Margin	−6,37 %	-	-	-
Current Ratio	0,96	1,44	0,13	0,17
Quick Ratio	1,8	−10,04	0,13	0,17
Equity Ratio	−0,13	−0,08	−29	−0,1
Gross Profit Margin	18,78 %	-	-	-