NORWEGIAN MADE AS

3728 SKIEN

Finances

Share Ownership

Return on Equity

54,55 %

Current Ratio

2,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	623 000	1 345 000	443 000	92 000
Net Income	48 000	3 000	15 000	15 000
Total Assets	126 000	295 000	130 000	45 000
Total Equity	88 000	40 000	37 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	623 000	1 345 000	443 000	92 000
Expenditure	561 000	1 341 000	425 000	77 000
Operating Profit	62 000	4 000	18 000	15 000
Financial Income	0	1 000	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	62 000	3 000	18 000	15 000
Tax	14 000	1 000	3 000	0
Net Income	48 000	3 000	15 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	34 000	0	0
Total Current Assets	99 000	261 000	130 000	45 000
Total Assets	126 000	295 000	130 000	45 000
Total Retained Equity	58 000	10 000	7 000	−8 000
Total Equity	88 000	40 000	37 000	22 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	37 000	255 000	92 000	23 000
Total Equity and Debt	126 000	295 000	130 000	45 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	300 000	446 000	223 000	92 000
Other Income	323 000	899 000	220 000	0
Revenue	623 000	1 345 000	443 000	92 000
Cost of Goods Sold	165 000	494 000	183 000	0
Salary Costs	22 000	372 000	0	0
Depreciation	7 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	561 000	1 341 000	425 000	77 000
Operating Profit	62 000	4 000	18 000	15 000
Financial Income	0	1 000	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	48 000	3 000	15 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	34 000	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	27 000	34 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	93 000	237 000	121 000	36 000
Total Current Assets	99 000	261 000	130 000	45 000
Total Assets	126 000	295 000	130 000	45 000
Total Equity	88 000	40 000	37 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	22 000	91 000	10 000
Unpaid Taxes	0	49 000	−12 000	2 000
Dividends	0	0	0	0
Other Current Debt	24 000	184 000	11 000	11 000
Total Current Debt	37 000	255 000	92 000	23 000
Total Equity and Debt	126 000	295 000	130 000	45 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,55 %	7,5 %	40,54 %	68,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,95 %	0,3 %	4,06 %	16,3 %
Current Ratio	2,68	1,02	1,41	1,96
Quick Ratio	2,68	1,02	1,41	1,96
Equity Ratio	0,7	0,14	0,28	0,49
Gross Profit Margin	73,52 %	63,27 %	58,69 %	100 %