NORDKANT AS

4323 SANDNES

Finances

Share Ownership

Return on Equity

117,54 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	274 000	243 000	173 000	180 000
Net Income	67 000	8 000	33 000	1 000
Total Assets	137 000	72 000	70 000	14 000
Total Equity	57 000	−10 000	−18 000	−51 000

Income (NOK)	2022	2021	2020	2019
Revenue	274 000	243 000	173 000	180 000
Expenditure	187 000	235 000	140 000	179 000
Operating Profit	87 000	8 000	33 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	87 000	8 000	33 000	2 000
Tax	20 000	0	0	0
Net Income	67 000	8 000	33 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	27 000	46 000	57 000
Total Current Assets	116 000	45 000	24 000	−43 000
Total Assets	137 000	72 000	70 000	14 000
Total Retained Equity	27 000	−40 000	−48 000	−81 000
Total Equity	57 000	−10 000	−18 000	−51 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	80 000	82 000	88 000	65 000
Total Equity and Debt	137 000	72 000	70 000	14 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	274 000	243 000	173 000	180 000
Other Income	0	0	0	0
Revenue	274 000	243 000	173 000	180 000
Cost of Goods Sold	5 000	80 000	11 000	16 000
Salary Costs	4 000	47 000	26 000	86 000
Depreciation	5 000	19 000	11 000	14 000
Impairment	0	0	0	13 000
Expenditure	187 000	235 000	140 000	179 000
Operating Profit	87 000	8 000	33 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	67 000	8 000	33 000	1 000

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	22 000	27 000	46 000	57 000
Total Tangible Assets	22 000	27 000	46 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	27 000	46 000	57 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	42 000	23 000	25 000
Total Current Assets	116 000	45 000	24 000	−43 000
Total Assets	137 000	72 000	70 000	14 000
Total Equity	57 000	−10 000	−18 000	−51 000
Short-Term Group Debt	0	0	74 000	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	15 000	0	0
Unpaid Taxes	−2 000	−3 000	14 000	21 000
Dividends	0	0	0	0
Other Current Debt	59 000	70 000	0	44 000
Total Current Debt	80 000	82 000	88 000	65 000
Total Equity and Debt	137 000	72 000	70 000	14 000

Financial indicators	2022	2021	2020	2019
Return on Equity	117,54 %	−80 %	−183,33 %	−1,96 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	31,75 %	3,29 %	19,08 %	1,11 %
Current Ratio	1,45	0,55	0,27	−0,66
Quick Ratio	1,45	0,55	0,27	−0,66
Equity Ratio	0,42	−0,14	−0,26	−3,64
Gross Profit Margin	98,18 %	67,08 %	93,64 %	91,11 %