NORSK TRANSPORT SYSTEM AS

0377 OSLO

Finances

Share Ownership

Return on Equity

32,43 %

Current Ratio

0,66

Debt-to-Equity Ratio

−4,2

Key figures (NOK)	2021	2020	2019	2018
Revenue	182 000	96 000	366 000	930 000
Net Income	−24 000	−85 000	−66 000	15 000
Total Assets	421 000	42 000	107 000	180 000
Total Equity	−74 000	−50 000	36 000	102 000

Income (NOK)	2021	2020	2019	2018
Revenue	182 000	96 000	366 000	930 000
Expenditure	200 000	185 000	433 000	911 000
Operating Profit	−18 000	−90 000	−67 000	20 000
Financial Income	0	0	1 000	0
Financial Costs	6 000	0	0	0
Financial Balance	−6 000	0	1 000	0
Earnings Before Tax	−24 000	−90 000	−66 000	19 000
Tax	0	−5 000	0	5 000
Net Income	−24 000	−85 000	−66 000	15 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	299 000	20 000	13 000	0
Total Current Assets	122 000	22 000	94 000	180 000
Total Assets	421 000	42 000	107 000	180 000
Total Retained Equity	−98 000	−74 000	12 000	77 000
Total Equity	−74 000	−50 000	36 000	102 000
Total Long-Term Debt	311 000	0	0	0
Total Current Debt	184 000	92 000	71 000	78 000
Total Equity and Debt	421 000	42 000	107 000	180 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	182 000	96 000	366 000	930 000
Other Income	0	0	0	0
Revenue	182 000	96 000	366 000	930 000
Cost of Goods Sold	0	0	0	55 000
Salary Costs	85 000	12 000	88 000	638 000
Depreciation	17 000	9 000	7 000	0
Impairment	0	0	0	0
Expenditure	200 000	185 000	433 000	911 000
Operating Profit	−18 000	−90 000	−67 000	20 000
Financial Income	0	0	1 000	0
Financial Costs	6 000	0	0	0
Financial Balance	−6 000	0	1 000	0
Dividends	0	0	0	0
Net Income	−24 000	−85 000	−66 000	15 000

Balance details (NOK)	2021	2020	2019	2018
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	299 000	20 000	13 000	0
Total Tangible Assets	299 000	20 000	13 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	299 000	20 000	13 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	114 000	12 000	66 000	152 000
Total Current Assets	122 000	22 000	94 000	180 000
Total Assets	421 000	42 000	107 000	180 000
Total Equity	−74 000	−50 000	36 000	102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	311 000	0	0	0
Creditors	21 000	4 000	0	46 000
Unpaid Taxes	40 000	−1 000	−11 000	35 000
Dividends	0	0	0	0
Other Current Debt	123 000	89 000	82 000	2 000
Total Current Debt	184 000	92 000	71 000	78 000
Total Equity and Debt	421 000	42 000	107 000	180 000

Financial indicators	2021	2020	2019	2018
Return on Equity	32,43 %	170 %	−183,33 %	14,71 %
Debt-to-Equity Ratio	−4,2	−0	0	0
Operating Profit Margin	−9,89 %	−93,75 %	−18,31 %	2,15 %
Current Ratio	0,66	0,24	1,32	2,31
Quick Ratio	0,66	0,24	1,32	2,31
Equity Ratio	−0,18	−1,19	0,34	0,57
Gross Profit Margin	100 %	100 %	100 %	94,09 %