NORDIC LIGHT SERVICE AS

1746 SKJEBERG

Finances

Return on Equity

63,8 %

Current Ratio

4,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	188 000	75 000	0	116 000
Net Income	504 000	172 000	45 000	9 000
Total Assets	993 000	366 000	313 000	470 000
Total Equity	790 000	286 000	114 000	69 000

Income (NOK)	2022	2021	2020	2019
Revenue	188 000	75 000	0	116 000
Expenditure	156 000	66 000	6 000	104 000
Operating Profit	32 000	9 000	−6 000	11 000
Financial Income	479 000	165 000	51 000	0
Financial Costs	0	0	0	0
Financial Balance	479 000	165 000	51 000	0
Earnings Before Tax	510 000	174 000	45 000	11 000
Tax	7 000	2 000	0	2 000
Net Income	504 000	172 000	45 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	101 000	221 000	221 000
Total Current Assets	892 000	265 000	92 000	249 000
Total Assets	993 000	366 000	313 000	470 000
Total Retained Equity	760 000	256 000	84 000	39 000
Total Equity	790 000	286 000	114 000	69 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	203 000	80 000	199 000	401 000
Total Equity and Debt	993 000	366 000	313 000	470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	188 000	75 000	0	110 000
Other Income	0	0	0	6 000
Revenue	188 000	75 000	0	116 000
Cost of Goods Sold	150 000	60 000	0	99 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	156 000	66 000	6 000	104 000
Operating Profit	32 000	9 000	−6 000	11 000
Financial Income	479 000	165 000	51 000	0
Financial Costs	0	0	0	0
Financial Balance	479 000	165 000	51 000	0
Dividends	0	0	0	0
Net Income	504 000	172 000	45 000	9 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	101 000	101 000	221 000	221 000
Total Fixed Assets	101 000	101 000	221 000	221 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	7 000	41 000	112 000
Total Current Assets	892 000	265 000	92 000	249 000
Total Assets	993 000	366 000	313 000	470 000
Total Equity	790 000	286 000	114 000	69 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	0	0
Unpaid Taxes	45 000	17 000	−1 000	30 000
Dividends	0	0	0	0
Other Current Debt	150 000	60 000	200 000	369 000
Total Current Debt	203 000	80 000	199 000	401 000
Total Equity and Debt	993 000	366 000	313 000	470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,8 %	60,14 %	39,47 %	13,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,02 %	12 %	-	9,48 %
Current Ratio	4,39	3,31	0,46	0,62
Quick Ratio	4,39	3,31	0,46	0,62
Equity Ratio	0,8	0,78	0,36	0,15
Gross Profit Margin	20,21 %	20 %	-	14,66 %