NORDSIDE AS

0554 OSLO

Finances

Share Ownership

Return on Equity

80,69 %

Current Ratio

0,94

Debt-to-Equity Ratio

−0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	659 000	462 000	520 000	153 000
Net Income	−163 000	−47 000	44 000	−5 000
Total Assets	250 000	242 000	110 000	25 000
Total Equity	−202 000	−39 000	8 000	−36 000

Income (NOK)	2022	2021	2020	2019
Revenue	659 000	462 000	520 000	153 000
Expenditure	814 000	505 000	482 000	159 000
Operating Profit	−156 000	−42 000	38 000	−5 000
Financial Income	4 000	0	0	0
Financial Costs	11 000	0	0	0
Financial Balance	−7 000	0	0	0
Earnings Before Tax	−163 000	−42 000	38 000	−5 000
Tax	0	6 000	−6 000	0
Net Income	−163 000	−47 000	44 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	40 000	0
Total Current Assets	250 000	242 000	70 000	25 000
Total Assets	250 000	242 000	110 000	25 000
Total Retained Equity	−232 000	−69 000	−22 000	−66 000
Total Equity	−202 000	−39 000	8 000	−36 000
Total Long-Term Debt	187 000	222 000	52 000	52 000
Total Current Debt	265 000	59 000	49 000	8 000
Total Equity and Debt	250 000	242 000	110 000	25 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	659 000	450 000	520 000	153 000
Other Income	0	12 000	0	0
Revenue	659 000	462 000	520 000	153 000
Cost of Goods Sold	17 000	14 000	21 000	17 000
Salary Costs	235 000	20 000	225 000	0
Depreciation	0	0	6 000	0
Impairment	0	0	0	0
Expenditure	814 000	505 000	482 000	159 000
Operating Profit	−156 000	−42 000	38 000	−5 000
Financial Income	4 000	0	0	0
Financial Costs	11 000	0	0	0
Financial Balance	−7 000	0	0	0
Dividends	0	0	0	0
Net Income	−163 000	−47 000	44 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	34 000	0
Total Tangible Assets	0	0	34 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	40 000	0
Stock	17 000	17 000	17 000	21 000
Total Investments	0	0	0	0
Cash, Bank	16 000	90 000	27 000	4 000
Total Current Assets	250 000	242 000	70 000	25 000
Total Assets	250 000	242 000	110 000	25 000
Total Equity	−202 000	−39 000	8 000	−36 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	187 000	222 000	52 000	52 000
Creditors	42 000	37 000	6 000	5 000
Unpaid Taxes	104 000	13 000	35 000	2 000
Dividends	0	0	0	0
Other Current Debt	19 000	9 000	9 000	1 000
Total Current Debt	265 000	59 000	49 000	8 000
Total Equity and Debt	250 000	242 000	110 000	25 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,69 %	120,51 %	550 %	13,89 %
Debt-to-Equity Ratio	−0,93	−5,69	6,5	−1,44
Operating Profit Margin	−23,67 %	−9,09 %	7,31 %	−3,27 %
Current Ratio	0,94	4,1	1,43	3,13
Quick Ratio	1,01	5,76	2,19	−1,92
Equity Ratio	−0,81	−0,16	0,07	−1,44
Gross Profit Margin	97,42 %	96,97 %	95,96 %	88,89 %