NORDNORGE FINANS AS

8250 ROGNAN

Finances

Return on Equity

−71,1 %

Current Ratio

0,41

Debt-to-Equity Ratio

25,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 000	58 000	0	150 000
Net Income	−497 000	−4 028 000	1 736 000	−2 086 000
Total Assets	19 338 000	18 443 000	17 503 000	14 346 000
Total Equity	699 000	1 022 000	5 050 000	314 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 000	58 000	0	150 000
Expenditure	222 000	453 000	5 363 000	1 796 000
Operating Profit	−164 000	−395 000	−5 362 000	−1 646 000
Financial Income	242 000	497 000	7 700 000	1 000
Financial Costs	575 000	4 130 000	602 000	441 000
Financial Balance	−333 000	−3 633 000	7 098 000	−440 000
Earnings Before Tax	−497 000	−4 028 000	1 736 000	−2 086 000
Tax	0	0	0	0
Net Income	−497 000	−4 028 000	1 736 000	−2 086 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 996 000	18 243 000	2 889 000	7 150 000
Total Current Assets	341 000	200 000	14 613 000	7 196 000
Total Assets	19 338 000	18 443 000	17 503 000	14 346 000
Total Retained Equity	−726 000	−403 000	−350 000	−2 086 000
Total Equity	699 000	1 022 000	5 050 000	314 000
Total Long-Term Debt	17 800 000	16 008 000	0	0
Total Current Debt	839 000	1 413 000	12 453 000	14 032 000
Total Equity and Debt	19 338 000	18 443 000	17 503 000	14 346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 000	58 000	0	150 000
Other Income	0	0	0	0
Revenue	58 000	58 000	0	150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	252 000	802 000
Depreciation	8 000	8 000	8 000	11 000
Impairment	0	0	0	0
Expenditure	222 000	453 000	5 363 000	1 796 000
Operating Profit	−164 000	−395 000	−5 362 000	−1 646 000
Financial Income	242 000	497 000	7 700 000	1 000
Financial Costs	575 000	4 130 000	602 000	441 000
Financial Balance	−333 000	−3 633 000	7 098 000	−440 000
Dividends	0	0	0	0
Net Income	−497 000	−4 028 000	1 736 000	−2 086 000

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	3 000	10 000	2 889 000	7 150 000
Total Tangible Assets	3 000	10 000	2 889 000	7 150 000
Total Fiancial Fixed Assets	18 994 000	18 233 000	0	0
Total Fixed Assets	18 996 000	18 243 000	2 889 000	7 150 000
Stock	0	0	0	0
Total Investments	0	0	12 300 000	1 000 000
Cash, Bank	99 000	5 000	30 000	9 000
Total Current Assets	341 000	200 000	14 613 000	7 196 000
Total Assets	19 338 000	18 443 000	17 503 000	14 346 000
Total Equity	699 000	1 022 000	5 050 000	314 000
Short-Term Group Debt	720 000	317 000	0	0
Total Long-Term Debt	17 800 000	16 008 000	0	0
Creditors	0	636 000	629 000	490 000
Unpaid Taxes	0	284 000	303 000	395 000
Dividends	0	0	0	0
Other Current Debt	119 000	176 000	11 521 000	13 147 000
Total Current Debt	839 000	1 413 000	12 453 000	14 032 000
Total Equity and Debt	19 338 000	18 443 000	17 503 000	14 346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,1 %	−394,13 %	34,38 %	−664,33 %
Debt-to-Equity Ratio	25,46	15,66	0	0
Operating Profit Margin	−282,76 %	−681,03 %	-	−1 097,33 %
Current Ratio	0,41	0,14	1,17	0,51
Quick Ratio	0,41	0,14	1,17	0,51
Equity Ratio	0,04	0,06	0,29	0,02
Gross Profit Margin	100 %	100 %	-	100 %