NORDICOG AS

0590 OSLO

Finances

Share Ownership

Return on Equity

18,29 %

Current Ratio

0,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	716 000	500 000	270 000	90 000
Net Income	15 000	−54 000	51 000	−11 000
Total Assets	303 000	336 000	257 000	69 000
Total Equity	82 000	67 000	121 000	69 000

Income (NOK)	2022	2021	2020	2019
Revenue	716 000	500 000	270 000	90 000
Expenditure	688 000	553 000	208 000	101 000
Operating Profit	28 000	−54 000	63 000	−11 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	27 000	−54 000	63 000	−11 000
Tax	12 000	0	11 000	0
Net Income	15 000	−54 000	51 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 000	91 000	72 000	34 000
Total Current Assets	188 000	245 000	186 000	35 000
Total Assets	303 000	336 000	257 000	69 000
Total Retained Equity	52 000	37 000	91 000	39 000
Total Equity	82 000	67 000	121 000	69 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	221 000	269 000	136 000	0
Total Equity and Debt	303 000	336 000	257 000	69 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	716 000	500 000	270 000	90 000
Other Income	0	0	0	0
Revenue	716 000	500 000	270 000	90 000
Cost of Goods Sold	43 000	21 000	16 000	0
Salary Costs	442 000	352 000	95 000	0
Depreciation	18 000	24 000	10 000	0
Impairment	0	0	0	0
Expenditure	688 000	553 000	208 000	101 000
Operating Profit	28 000	−54 000	63 000	−11 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	15 000	−54 000	51 000	−11 000

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	54 000	91 000	30 000	0
Total Tangible Assets	54 000	91 000	30 000	0
Total Fiancial Fixed Assets	60 000	0	41 000	34 000
Total Fixed Assets	115 000	91 000	72 000	34 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	171 000	103 000	22 000
Total Current Assets	188 000	245 000	186 000	35 000
Total Assets	303 000	336 000	257 000	69 000
Total Equity	82 000	67 000	121 000	69 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	140 000	137 000	47 000	0
Unpaid Taxes	33 000	106 000	60 000	0
Dividends	0	0	0	0
Other Current Debt	36 000	27 000	17 000	0
Total Current Debt	221 000	269 000	136 000	0
Total Equity and Debt	303 000	336 000	257 000	69 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,29 %	−80,6 %	42,15 %	−15,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,91 %	−10,8 %	23,33 %	−12,22 %
Current Ratio	0,85	0,91	1,37	-
Quick Ratio	0,85	0,91	1,37	-
Equity Ratio	0,27	0,2	0,47	1
Gross Profit Margin	93,99 %	95,8 %	94,07 %	100 %