NOR SOLUTIONS AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

113,84 %

Current Ratio

0,58

Debt-to-Equity Ratio

−2,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	830 000	991 000	0	0
Net Income	−1 160 000	20 000	−52 000	−81 000
Total Assets	2 448 000	5 235 000	974 000	882 000
Total Equity	−1 019 000	141 000	121 000	73 000

Income (NOK)	2022	2021	2020	2019
Revenue	830 000	991 000	0	0
Expenditure	1 802 000	948 000	30 000	71 000
Operating Profit	−972 000	42 000	−30 000	−71 000
Financial Income	0	0	0	0
Financial Costs	188 000	22 000	22 000	9 000
Financial Balance	−188 000	−22 000	−22 000	−9 000
Earnings Before Tax	−1 160 000	20 000	−52 000	−81 000
Tax	0	0	0	0
Net Income	−1 160 000	20 000	−52 000	−81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 917 000	3 351 000	0	0
Total Current Assets	531 000	1 885 000	974 000	882 000
Total Assets	2 448 000	5 235 000	974 000	882 000
Total Retained Equity	−1 160 000	−9 000	−29 000	−66 000
Total Equity	−1 019 000	141 000	121 000	73 000
Total Long-Term Debt	2 551 000	822 000	847 000	318 000
Total Current Debt	915 000	4 272 000	6 000	492 000
Total Equity and Debt	2 448 000	5 235 000	974 000	882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	541 000	991 000	0	0
Other Income	290 000	0	0	0
Revenue	830 000	991 000	0	0
Cost of Goods Sold	30 000	864 000	0	0
Salary Costs	0	0	0	0
Depreciation	298 000	49 000	0	0
Impairment	0	0	0	0
Expenditure	1 802 000	948 000	30 000	71 000
Operating Profit	−972 000	42 000	−30 000	−71 000
Financial Income	0	0	0	0
Financial Costs	188 000	22 000	22 000	9 000
Financial Balance	−188 000	−22 000	−22 000	−9 000
Dividends	0	0	0	0
Net Income	−1 160 000	20 000	−52 000	−81 000

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	1 917 000	3 351 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 917 000	3 351 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 917 000	3 351 000	0	0
Stock	0	0	858 000	858 000
Total Investments	0	0	0	0
Cash, Bank	456 000	207 000	15 000	23 000
Total Current Assets	531 000	1 885 000	974 000	882 000
Total Assets	2 448 000	5 235 000	974 000	882 000
Total Equity	−1 019 000	141 000	121 000	73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 551 000	822 000	847 000	318 000
Creditors	33 000	4 272 000	6 000	492 000
Unpaid Taxes	20 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	862 000	0	0	0
Total Current Debt	915 000	4 272 000	6 000	492 000
Total Equity and Debt	2 448 000	5 235 000	974 000	882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,84 %	14,18 %	−42,98 %	−110,96 %
Debt-to-Equity Ratio	−2,5	5,83	7	4,36
Operating Profit Margin	−117,11 %	4,24 %	-	-
Current Ratio	0,58	0,44	162,33	1,79
Quick Ratio	0,58	0,44	−1,14	−2,41
Equity Ratio	−0,42	0,03	0,12	0,08
Gross Profit Margin	96,39 %	12,82 %	-	-