NORN STUDIO AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

10,86 %

Current Ratio

0,1

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	258 000	300 000	1 522 000	236 000
Net Income	−33 000	−368 000	125 000	134 000
Total Assets	81 000	45 000	126 000	77 000
Total Equity	−304 000	−279 000	89 000	−36 000

Income (NOK)	2022	2021	2020	2019
Revenue	258 000	300 000	1 522 000	236 000
Expenditure	291 000	670 000	1 380 000	101 000
Operating Profit	−33 000	−370 000	142 000	135 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−33 000	−370 000	142 000	134 000
Tax	0	−2 000	17 000	0
Net Income	−33 000	−368 000	125 000	134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	14 000	55 000	11 000
Total Current Assets	37 000	31 000	71 000	65 000
Total Assets	81 000	45 000	126 000	77 000
Total Retained Equity	−334 000	−301 000	67 000	−58 000
Total Equity	−304 000	−279 000	89 000	−36 000
Total Long-Term Debt	0	0	2 000	0
Total Current Debt	385 000	324 000	36 000	113 000
Total Equity and Debt	81 000	45 000	126 000	77 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 000	0	0	0
Other Income	240 000	300 000	1 522 000	236 000
Revenue	258 000	300 000	1 522 000	236 000
Cost of Goods Sold	160 000	468 000	867 000	0
Salary Costs	0	−9 000	190 000	0
Depreciation	0	7 000	21 000	8 000
Impairment	0	0	0	0
Expenditure	291 000	670 000	1 380 000	101 000
Operating Profit	−33 000	−370 000	142 000	135 000
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	−33 000	−368 000	125 000	134 000

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	14 000	14 000	55 000	11 000
Total Tangible Assets	14 000	14 000	55 000	11 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	45 000	14 000	55 000	11 000
Stock	8 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	0	22 000	65 000
Total Current Assets	37 000	31 000	71 000	65 000
Total Assets	81 000	45 000	126 000	77 000
Total Equity	−304 000	−279 000	89 000	−36 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	0
Creditors	324 000	237 000	0	0
Unpaid Taxes	0	0	5 000	3 000
Dividends	0	0	0	0
Other Current Debt	22 000	86 000	15 000	110 000
Total Current Debt	385 000	324 000	36 000	113 000
Total Equity and Debt	81 000	45 000	126 000	77 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,86 %	131,9 %	140,45 %	−372,22 %
Debt-to-Equity Ratio	−0	−0	0,02	−0
Operating Profit Margin	−12,79 %	−123,33 %	9,33 %	57,2 %
Current Ratio	0,1	0,1	1,97	0,58
Quick Ratio	0,1	0,1	1,97	0,58
Equity Ratio	−3,75	−6,2	0,71	−0,47
Gross Profit Margin	37,98 %	−56 %	43,04 %	100 %