NORTHERN EXPOSURE AS

5357 FJELL

Finances

Return on Equity

155,77 %

Current Ratio

1,33

Debt-to-Equity Ratio

−3,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 000	37 000	141 000	193 000
Net Income	−81 000	−72 000	12 000	25 000
Total Assets	201 000	267 000	373 000	380 000
Total Equity	−52 000	31 000	106 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 000	37 000	141 000	193 000
Expenditure	101 000	94 000	124 000	169 000
Operating Profit	−81 000	−57 000	16 000	25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−81 000	−57 000	16 000	25 000
Tax	0	15 000	4 000	0
Net Income	−81 000	−72 000	12 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	138 000	184 000	202 000
Total Current Assets	116 000	129 000	189 000	179 000
Total Assets	201 000	267 000	373 000	380 000
Total Retained Equity	−241 000	−157 000	−83 000	−182 000
Total Equity	−52 000	31 000	106 000	101 000
Total Long-Term Debt	166 000	166 000	186 000	232 000
Total Current Debt	87 000	70 000	81 000	47 000
Total Equity and Debt	201 000	267 000	373 000	380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 000	37 000	121 000	193 000
Other Income	0	0	20 000	0
Revenue	19 000	37 000	141 000	193 000
Cost of Goods Sold	12 000	0	13 000	14 000
Salary Costs	0	0	0	0
Depreciation	53 000	37 000	35 000	46 000
Impairment	0	0	0	0
Expenditure	101 000	94 000	124 000	169 000
Operating Profit	−81 000	−57 000	16 000	25 000
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	−81 000	−72 000	12 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	18 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	−27 000	0	0	0
Fixtures	36 000	62 000	99 000	134 000
Total Tangible Assets	9 000	62 000	99 000	134 000
Total Fiancial Fixed Assets	76 000	76 000	68 000	68 000
Total Fixed Assets	85 000	138 000	184 000	202 000
Stock	0	12 000	12 000	11 000
Total Investments	0	0	0	0
Cash, Bank	1 000	29 000	90 000	105 000
Total Current Assets	116 000	129 000	189 000	179 000
Total Assets	201 000	267 000	373 000	380 000
Total Equity	−52 000	31 000	106 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	166 000	166 000	186 000	232 000
Creditors	86 000	75 000	75 000	61 000
Unpaid Taxes	1 000	0	10 000	−19 000
Dividends	0	0	0	0
Other Current Debt	0	−6 000	−6 000	6 000
Total Current Debt	87 000	70 000	81 000	47 000
Total Equity and Debt	201 000	267 000	373 000	380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	155,77 %	−232,26 %	11,32 %	24,75 %
Debt-to-Equity Ratio	−3,19	5,35	1,75	2,3
Operating Profit Margin	−426,32 %	−154,05 %	11,35 %	12,95 %
Current Ratio	1,33	1,84	2,33	3,81
Quick Ratio	1,33	2,22	2,74	4,97
Equity Ratio	−0,26	0,12	0,28	0,27
Gross Profit Margin	36,84 %	100 %	90,78 %	92,75 %