GOLF NORDIC AS

7655 VERDAL

Finances

Share Ownership

Return on Equity

119,12 %

Current Ratio

1,12

Debt-to-Equity Ratio

−3,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 081 000	4 476 000	3 508 000	4 142 000
Net Income	−162 000	−60 000	25 000	26 000
Total Assets	3 125 000	1 670 000	933 000	1 955 000
Total Equity	−136 000	26 000	86 000	61 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 081 000	4 476 000	3 508 000	4 142 000
Expenditure	9 079 000	4 794 000	3 440 000	4 033 000
Operating Profit	2 000	−42 000	78 000	109 000
Financial Income	43 000	20 000	53 000	3 000
Financial Costs	207 000	39 000	98 000	79 000
Financial Balance	−164 000	−19 000	−45 000	−76 000
Earnings Before Tax	−162 000	−60 000	32 000	33 000
Tax	0	0	7 000	7 000
Net Income	−162 000	−60 000	25 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 125 000	1 670 000	933 000	1 955 000
Total Assets	3 125 000	1 670 000	933 000	1 955 000
Total Retained Equity	−160 000	2 000	62 000	37 000
Total Equity	−136 000	26 000	86 000	61 000
Total Long-Term Debt	465 000	651 000	783 000	350 000
Total Current Debt	2 797 000	993 000	64 000	1 544 000
Total Equity and Debt	3 125 000	1 670 000	933 000	1 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 081 000	4 476 000	3 508 000	4 142 000
Other Income	0	0	0	0
Revenue	9 081 000	4 476 000	3 508 000	4 142 000
Cost of Goods Sold	8 575 000	4 370 000	2 962 000	3 502 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 079 000	4 794 000	3 440 000	4 033 000
Operating Profit	2 000	−42 000	78 000	109 000
Financial Income	43 000	20 000	53 000	3 000
Financial Costs	207 000	39 000	98 000	79 000
Financial Balance	−164 000	−19 000	−45 000	−76 000
Dividends	0	0	0	0
Net Income	−162 000	−60 000	25 000	26 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 135 000	555 000	278 000	268 000
Total Investments	0	0	0	0
Cash, Bank	714 000	595 000	574 000	591 000
Total Current Assets	3 125 000	1 670 000	933 000	1 955 000
Total Assets	3 125 000	1 670 000	933 000	1 955 000
Total Equity	−136 000	26 000	86 000	61 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	465 000	651 000	783 000	350 000
Creditors	2 790 000	958 000	20 000	1 533 000
Unpaid Taxes	0	35 000	37 000	0
Dividends	0	0	0	0
Other Current Debt	7 000	0	0	0
Total Current Debt	2 797 000	993 000	64 000	1 544 000
Total Equity and Debt	3 125 000	1 670 000	933 000	1 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,12 %	−230,77 %	29,07 %	42,62 %
Debt-to-Equity Ratio	−3,42	25,04	9,1	5,74
Operating Profit Margin	0,02 %	−0,94 %	2,22 %	2,63 %
Current Ratio	1,12	1,68	14,58	1,27
Quick Ratio	4,72	3,81	−4,36	1,53
Equity Ratio	−0,04	0,02	0,09	0,03
Gross Profit Margin	5,57 %	2,37 %	15,56 %	15,45 %