NORDIC INDUSTRIES AS

8160 GLOMFJORD

Finances

Share Ownership

Return on Equity

−16,67 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	291 000	0	134 000	958 000
Net Income	8 000	−83 000	−145 000	−88 000
Total Assets	265 000	116 000	167 000	361 000
Total Equity	−48 000	−57 000	−191 000	−46 000

Income (NOK)	2022	2021	2020	2019
Revenue	291 000	0	134 000	958 000
Expenditure	283 000	79 000	246 000	1 063 000
Operating Profit	9 000	−79 000	−113 000	−106 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	8 000	7 000
Financial Balance	−1 000	−4 000	−8 000	−7 000
Earnings Before Tax	8 000	−83 000	−120 000	−113 000
Tax	0	0	25 000	−25 000
Net Income	8 000	−83 000	−145 000	−88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	241 000	39 000	87 000	242 000
Total Current Assets	25 000	77 000	80 000	119 000
Total Assets	265 000	116 000	167 000	361 000
Total Retained Equity	−290 000	−299 000	−215 000	−70 000
Total Equity	−48 000	−57 000	−191 000	−46 000
Total Long-Term Debt	0	52 000	85 000	124 000
Total Current Debt	314 000	121 000	272 000	283 000
Total Equity and Debt	265 000	116 000	167 000	361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	254 000	0	73 000	957 000
Other Income	36 000	0	61 000	1 000
Revenue	291 000	0	134 000	958 000
Cost of Goods Sold	143 000	0	52 000	90 000
Salary Costs	0	0	44 000	723 000
Depreciation	18 000	33 000	41 000	49 000
Impairment	0	0	0	0
Expenditure	283 000	79 000	246 000	1 063 000
Operating Profit	9 000	−79 000	−113 000	−106 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	8 000	7 000
Financial Balance	−1 000	−4 000	−8 000	−7 000
Dividends	0	0	0	0
Net Income	8 000	−83 000	−145 000	−88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	73 000	106 000
Fixtures	241 000	39 000	0	97 000
Total Tangible Assets	241 000	39 000	73 000	203 000
Total Fiancial Fixed Assets	0	0	14 000	14 000
Total Fixed Assets	241 000	39 000	87 000	242 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	14 000	39 000	2 000
Total Current Assets	25 000	77 000	80 000	119 000
Total Assets	265 000	116 000	167 000	361 000
Total Equity	−48 000	−57 000	−191 000	−46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	52 000	85 000	124 000
Creditors	3 000	6 000	2 000	4 000
Unpaid Taxes	0	0	26 000	44 000
Dividends	0	0	0	0
Other Current Debt	311 000	115 000	245 000	240 000
Total Current Debt	314 000	121 000	272 000	283 000
Total Equity and Debt	265 000	116 000	167 000	361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,67 %	145,61 %	75,92 %	191,3 %
Debt-to-Equity Ratio	−0	−0,91	−0,45	−2,7
Operating Profit Margin	3,09 %	-	−84,33 %	−11,06 %
Current Ratio	0,08	0,64	0,29	0,42
Quick Ratio	0,08	0,64	0,29	0,42
Equity Ratio	−0,18	−0,49	−1,14	−0,13
Gross Profit Margin	50,86 %	-	61,19 %	90,61 %