NORDIC LIFT MACHINE AS

5251 SØREIDGREND

Finances

Share Ownership

Return on Equity

−3,64 %

Current Ratio

0,8

Debt-to-Equity Ratio

−0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 417 000	3 650 000	1 934 000	633 000
Net Income	13 000	28 000	−257 000	−2 000
Total Assets	545 000	623 000	730 000	1 030 000
Total Equity	−357 000	−370 000	−398 000	−31 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 417 000	3 650 000	1 934 000	633 000
Expenditure	2 352 000	3 541 000	2 142 000	578 000
Operating Profit	65 000	110 000	−167 000	54 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	53 000	83 000	91 000	56 000
Financial Balance	−52 000	−82 000	−90 000	−56 000
Earnings Before Tax	13 000	28 000	−257 000	−2 000
Tax	0	0	0	0
Net Income	13 000	28 000	−257 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	36 000	72 000	116 000
Total Current Assets	545 000	587 000	658 000	914 000
Total Assets	545 000	623 000	730 000	1 030 000
Total Retained Equity	−657 000	−670 000	−698 000	−337 000
Total Equity	−357 000	−370 000	−398 000	−31 000
Total Long-Term Debt	224 000	258 000	364 000	753 000
Total Current Debt	678 000	735 000	763 000	308 000
Total Equity and Debt	545 000	623 000	730 000	1 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 356 000	3 650 000	1 877 000	633 000
Other Income	60 000	0	57 000	0
Revenue	2 417 000	3 650 000	1 934 000	633 000
Cost of Goods Sold	1 832 000	2 678 000	1 295 000	193 000
Salary Costs	138 000	347 000	116 000	71 000
Depreciation	36 000	31 000	31 000	41 000
Impairment	0	0	0	0
Expenditure	2 352 000	3 541 000	2 142 000	578 000
Operating Profit	65 000	110 000	−167 000	54 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	53 000	83 000	91 000	56 000
Financial Balance	−52 000	−82 000	−90 000	−56 000
Dividends	0	0	0	0
Net Income	13 000	28 000	−257 000	−2 000

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	0	36 000	67 000	116 000
Total Tangible Assets	0	36 000	67 000	116 000
Total Fiancial Fixed Assets	0	0	6 000	0
Total Fixed Assets	0	36 000	72 000	116 000
Stock	90 000	90 000	90 000	183 000
Total Investments	0	0	0	0
Cash, Bank	2 000	2 000	6 000	2 000
Total Current Assets	545 000	587 000	658 000	914 000
Total Assets	545 000	623 000	730 000	1 030 000
Total Equity	−357 000	−370 000	−398 000	−31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	224 000	258 000	364 000	753 000
Creditors	319 000	310 000	347 000	90 000
Unpaid Taxes	94 000	59 000	41 000	19 000
Dividends	0	0	0	0
Other Current Debt	−44 000	58 000	63 000	199 000
Total Current Debt	678 000	735 000	763 000	308 000
Total Equity and Debt	545 000	623 000	730 000	1 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,64 %	−7,57 %	64,57 %	6,45 %
Debt-to-Equity Ratio	−0,63	−0,7	−0,91	−24,29
Operating Profit Margin	2,69 %	3,01 %	−8,63 %	8,53 %
Current Ratio	0,8	0,8	0,86	2,97
Quick Ratio	0,93	0,91	0,98	7,31
Equity Ratio	−0,66	−0,59	−0,55	−0,03
Gross Profit Margin	24,2 %	26,63 %	33,04 %	69,51 %