THE NORTH WING AS

1363 HØVIK

Finances

Return on Equity

122,9 %

Current Ratio

23,45

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	40 900 000	1 055 000	810 000	227 000
Total Assets	33 790 000	997 000	685 000	310 000
Total Equity	33 279 000	591 000	425 000	45 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	836 000	7 000	4 000	3 000
Operating Profit	−836 000	−7 000	−4 000	−3 000
Financial Income	41 735 000	1 072 000	814 000	228 000
Financial Costs	0	0	0	0
Financial Balance	41 735 000	1 072 000	814 000	228 000
Earnings Before Tax	40 900 000	1 065 000	810 000	225 000
Tax	0	10 000	0	−2 000
Net Income	40 900 000	1 055 000	810 000	227 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	21 809 000	938 000	387 000	297 000
Total Current Assets	11 981 000	59 000	298 000	13 000
Total Assets	33 790 000	997 000	685 000	310 000
Total Retained Equity	33 249 000	561 000	395 000	15 000
Total Equity	33 279 000	591 000	425 000	45 000
Total Long-Term Debt	0	262 000	260 000	260 000
Total Current Debt	511 000	144 000	0	5 000
Total Equity and Debt	33 790 000	997 000	685 000	310 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	13 000	0	0	0
Impairment	0	0	0	0
Expenditure	836 000	7 000	4 000	3 000
Operating Profit	−836 000	−7 000	−4 000	−3 000
Financial Income	41 735 000	1 072 000	814 000	228 000
Financial Costs	0	0	0	0
Financial Balance	41 735 000	1 072 000	814 000	228 000
Dividends	8 212 000	888 000	430 000	220 000
Net Income	40 900 000	1 055 000	810 000	227 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	551 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	0	0	0
Total Tangible Assets	30 000	551 000	0	0
Total Fiancial Fixed Assets	21 779 000	387 000	387 000	297 000
Total Fixed Assets	21 809 000	938 000	387 000	297 000
Stock	206 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 271 000	59 000	298 000	12 000
Total Current Assets	11 981 000	59 000	298 000	13 000
Total Assets	33 790 000	997 000	685 000	310 000
Total Equity	33 279 000	591 000	425 000	45 000
Short-Term Group Debt	11 000	0	0	0
Total Long-Term Debt	0	262 000	260 000	260 000
Creditors	0	0	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	8 212 000	888 000	430 000	220 000
Other Current Debt	0	0	0	0
Total Current Debt	511 000	144 000	0	5 000
Total Equity and Debt	33 790 000	997 000	685 000	310 000

Financial indicators	2021	2020	2019	2018
Return on Equity	122,9 %	178,51 %	190,59 %	504,44 %
Debt-to-Equity Ratio	0	0,44	0,61	5,78
Operating Profit Margin	-	-	-	-
Current Ratio	23,45	0,41	-	2,6
Quick Ratio	39,28	0,41	-	2,6
Equity Ratio	0,98	0,59	0,62	0,15
Gross Profit Margin	-	-	-	-