NORDIC AD GROUP AS

3027 DRAMMEN

Finances

Share Ownership

Return on Equity

46,52 %

Current Ratio

8,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	640 000	219 000	394 000	388 000
Net Income	174 000	−107 000	31 000	−38 000
Total Assets	422 000	216 000	1 854 000	1 833 000
Total Equity	374 000	200 000	647 000	615 000

Income (NOK)	2022	2021	2020	2019
Revenue	640 000	219 000	394 000	388 000
Expenditure	430 000	322 000	354 000	437 000
Operating Profit	210 000	−103 000	40 000	−49 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	0	1 000
Financial Balance	0	−5 000	0	−1 000
Earnings Before Tax	210 000	−107 000	40 000	−49 000
Tax	37 000	0	9 000	−11 000
Net Income	174 000	−107 000	31 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	313 000	528 000
Total Current Assets	422 000	216 000	1 541 000	1 305 000
Total Assets	422 000	216 000	1 854 000	1 833 000
Total Retained Equity	−106 000	−280 000	−133 000	−165 000
Total Equity	374 000	200 000	647 000	615 000
Total Long-Term Debt	0	0	1 119 000	1 119 000
Total Current Debt	48 000	16 000	87 000	98 000
Total Equity and Debt	422 000	216 000	1 854 000	1 833 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	389 000	219 000	394 000	388 000
Other Income	251 000	0	0	0
Revenue	640 000	219 000	394 000	388 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	225 000	245 000	245 000
Impairment	0	0	0	0
Expenditure	430 000	322 000	354 000	437 000
Operating Profit	210 000	−103 000	40 000	−49 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	0	1 000
Financial Balance	0	−5 000	0	−1 000
Dividends	0	0	0	0
Net Income	174 000	−107 000	31 000	−38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	88 000	58 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	470 000
Fixtures	0	0	225 000	0
Total Tangible Assets	0	0	225 000	470 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	313 000	528 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	121 000	199 000	1 337 000	863 000
Total Current Assets	422 000	216 000	1 541 000	1 305 000
Total Assets	422 000	216 000	1 854 000	1 833 000
Total Equity	374 000	200 000	647 000	615 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 119 000	1 119 000
Creditors	15 000	5 000	0	5 000
Unpaid Taxes	−14 000	1 000	39 000	83 000
Dividends	0	0	0	0
Other Current Debt	11 000	11 000	0	0
Total Current Debt	48 000	16 000	87 000	98 000
Total Equity and Debt	422 000	216 000	1 854 000	1 833 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,52 %	−53,5 %	4,79 %	−6,18 %
Debt-to-Equity Ratio	0	0	1,73	1,82
Operating Profit Margin	32,81 %	−47,03 %	10,15 %	−12,63 %
Current Ratio	8,79	13,5	17,71	13,32
Quick Ratio	8,79	13,5	17,71	13,32
Equity Ratio	0,89	0,93	0,35	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %