ICENOR TRADING AS

4827 FROLANDS VERK

Finances

Share Ownership

Return on Equity

15,79 %

Current Ratio

Debt-to-Equity Ratio

−0,32

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 000	0	0	49 000
Net Income	−3 000	−4 000	−36 000	21 000
Total Assets	0	0	0	27 000
Total Equity	−19 000	−16 000	−12 000	23 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 000	0	0	49 000
Expenditure	4 000	4 000	31 000	28 000
Operating Profit	−3 000	−4 000	−31 000	21 000
Financial Income	0	0	0	0
Financial Costs	0	0	5 000	0
Financial Balance	0	0	−5 000	0
Earnings Before Tax	−3 000	−4 000	−36 000	21 000
Tax	−1 000	0	0	0
Net Income	−3 000	−4 000	−36 000	21 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	0	0	0	27 000
Total Assets	0	0	0	27 000
Total Retained Equity	−69 000	−66 000	−62 000	−27 000
Total Equity	−19 000	−16 000	−12 000	23 000
Total Long-Term Debt	6 000	4 000	0	0
Total Current Debt	13 000	13 000	13 000	4 000
Total Equity and Debt	0	0	0	27 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 000	0	0	49 000
Other Income	0	0	0	0
Revenue	1 000	0	0	49 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 000	4 000	31 000	28 000
Operating Profit	−3 000	−4 000	−31 000	21 000
Financial Income	0	0	0	0
Financial Costs	0	0	5 000	0
Financial Balance	0	0	−5 000	0
Dividends	0	0	0	0
Net Income	−3 000	−4 000	−36 000	21 000

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	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	0	0	0	0
Total Current Assets	0	0	0	27 000
Total Assets	0	0	0	27 000
Total Equity	−19 000	−16 000	−12 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	4 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	13 000	13 000	4 000
Total Current Debt	13 000	13 000	13 000	4 000
Total Equity and Debt	0	0	0	27 000

Financial indicators	2021	2020	2019	2018
Return on Equity	15,79 %	25 %	300 %	91,3 %
Debt-to-Equity Ratio	−0,32	−0,25	−0	0
Operating Profit Margin	−300 %	-	-	42,86 %
Current Ratio	0	0	0	6,75
Quick Ratio	0	0	0	6,75
Equity Ratio	-	-	-	0,85
Gross Profit Margin	100 %	-	-	100 %