NORSETEAM AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

−27,87 %

Current Ratio

1,78

Debt-to-Equity Ratio

−1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	854 000	574 000	294 000	462 000
Net Income	34 000	−168 000	29 000	−3 000
Total Assets	112 000	93 000	88 000	72 000
Total Equity	−122 000	−157 000	12 000	−18 000

Income (NOK)	2022	2021	2020	2019
Revenue	854 000	574 000	294 000	462 000
Expenditure	803 000	731 000	269 000	456 000
Operating Profit	50 000	−156 000	25 000	6 000
Financial Income	0	0	4 000	1 000
Financial Costs	16 000	12 000	0	10 000
Financial Balance	−16 000	−12 000	4 000	−9 000
Earnings Before Tax	34 000	−168 000	29 000	−3 000
Tax	0	0	0	0
Net Income	34 000	−168 000	29 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	112 000	93 000	88 000	72 000
Total Assets	112 000	93 000	88 000	72 000
Total Retained Equity	−152 000	−187 000	−18 000	−48 000
Total Equity	−122 000	−157 000	12 000	−18 000
Total Long-Term Debt	172 000	130 000	10 000	70 000
Total Current Debt	63 000	120 000	67 000	20 000
Total Equity and Debt	112 000	93 000	88 000	72 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	854 000	574 000	294 000	462 000
Other Income	0	0	0	0
Revenue	854 000	574 000	294 000	462 000
Cost of Goods Sold	144 000	67 000	0	266 000
Salary Costs	515 000	585 000	213 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	803 000	731 000	269 000	456 000
Operating Profit	50 000	−156 000	25 000	6 000
Financial Income	0	0	4 000	1 000
Financial Costs	16 000	12 000	0	10 000
Financial Balance	−16 000	−12 000	4 000	−9 000
Dividends	0	0	0	0
Net Income	34 000	−168 000	29 000	−3 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	38 000	26 000	13 000
Total Current Assets	112 000	93 000	88 000	72 000
Total Assets	112 000	93 000	88 000	72 000
Total Equity	−122 000	−157 000	12 000	−18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	172 000	130 000	10 000	70 000
Creditors	0	11 000	12 000	20 000
Unpaid Taxes	9 000	48 000	32 000	0
Dividends	0	0	0	0
Other Current Debt	54 000	61 000	23 000	0
Total Current Debt	63 000	120 000	67 000	20 000
Total Equity and Debt	112 000	93 000	88 000	72 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,87 %	107,01 %	241,67 %	16,67 %
Debt-to-Equity Ratio	−1,41	−0,83	0,83	−3,89
Operating Profit Margin	5,85 %	−27,18 %	8,5 %	1,3 %
Current Ratio	1,78	0,78	1,31	3,6
Quick Ratio	1,78	0,78	1,31	3,6
Equity Ratio	−1,09	−1,69	0,14	−0,25
Gross Profit Margin	83,14 %	88,33 %	100 %	42,42 %